NUKX vs. PEPS
NUKX (Nicholas Nuclear Income ETF) and PEPS (Parametric Equity Plus ETF) are both Derivative Income funds. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. NUKX charges 1.07%/yr vs 0.10%/yr for PEPS.
Performance
NUKX vs. PEPS - Performance Comparison
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Returns By Period
NUKX
- 1D
- -1.25%
- 1M
- -2.45%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PEPS
- 1D
- -0.52%
- 1M
- 0.84%
- YTD
- 9.36%
- 6M
- 8.89%
- 1Y
- 29.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NUKX vs. PEPS - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
NUKX Nicholas Nuclear Income ETF | -8.50% |
PEPS Parametric Equity Plus ETF | 8.22% |
Correlation
The correlation between NUKX and PEPS is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 3, 2026 | 0.73 |
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Return for Risk
NUKX vs. PEPS — Risk / Return Rank
NUKX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PEPS
NUKX vs. PEPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicholas Nuclear Income ETF (NUKX) and Parametric Equity Plus ETF (PEPS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NUKX | PEPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.02 | — |
| Martin ratioReturn relative to average drawdown | — | 13.65 | — |
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Drawdowns
NUKX vs. PEPS - Drawdown Comparison
The maximum NUKX drawdown since its inception was -26.54%, which is greater than PEPS's maximum drawdown of -21.26%. Use the drawdown chart below to compare losses from any high point for NUKX and PEPS.
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Drawdown Indicators
| NUKX | PEPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.54% | -21.26% | -5.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.80% | — |
Current DrawdownCurrent decline from peak | -15.84% | -1.68% | -14.16% |
Average DrawdownAverage peak-to-trough decline | -8.86% | -2.75% | -6.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.16% | — |
Volatility
NUKX vs. PEPS - Volatility Comparison
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Volatility by Period
| NUKX | PEPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.76% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 52.44% | 13.75% | +38.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.44% | 18.41% | +34.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.44% | 18.41% | +34.03% |
NUKX vs. PEPS - Expense Ratio Comparison
NUKX has a 1.07% expense ratio, which is higher than PEPS's 0.10% expense ratio.
Dividends
NUKX vs. PEPS - Dividend Comparison
NUKX's dividend yield for the trailing twelve months is around 4.45%, more than PEPS's 1.14% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
NUKX Nicholas Nuclear Income ETF | 4.45% | 0.00% | 0.00% |
PEPS Parametric Equity Plus ETF | 1.14% | 1.00% | 0.17% |
Frequently Asked Questions
NUKX and PEPS have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PEPS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PEPS is cheaper with a 0.10% expense ratio, compared with 1.07% for NUKX.
NUKX has the higher dividend yield at 4.45%, compared with 1.14% for PEPS.
They also come from different issuers: Nicholas Wealth and Parametric. Their fees differ too: 1.07% for NUKX and 0.10% for PEPS.
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