NUKZ vs. DVXE

Last updated Jun 4, 2026

NUKZ (Range Nuclear Renaissance ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both Energy Equities funds - NUKZ tracks the Range Nuclear Renaissance Index while DVXE tracks the Syntax Defined Volatility XLE Index. Both are passively managed. At a correlation of -0.07, they often move in opposite directions. NUKZ charges 0.85%/yr vs 0.89%/yr for DVXE.

Performance

NUKZ vs. DVXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Range Nuclear Renaissance ETF (NUKZ) and WEBs Energy XLE Defined Volatility ETF (DVXE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUKZ achieves a 13.31% return, which is significantly lower than DVXE's 44.98% return.

NUKZ

• 1D: -2.59%
• 1M: -0.90%
• YTD: 13.31%
• 6M: 10.66%
• 1Y: 41.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXE

• 1D: 1.52%
• 1M: -1.50%
• YTD: 44.98%
• 6M: 39.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NUKZ vs. DVXE - Yearly Performance Comparison

	2026 (YTD)	2025
NUKZ Range Nuclear Renaissance ETF	13.31%	6.71%
DVXE WEBs Energy XLE Defined Volatility ETF	44.98%	4.49%

Correlation

The correlation between NUKZ and DVXE is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	-0.07

Return for Risk

NUKZ vs. DVXE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NUKZ

NUKZ Risk / Return Rank: 40
NUKZ Sharpe Ratio Rank: 38
NUKZ Sortino Ratio Rank: 38
NUKZ Omega Ratio Rank: 34
NUKZ Calmar Ratio Rank: 50
NUKZ Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NUKZ vs. DVXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Range Nuclear Renaissance ETF (NUKZ) and WEBs Energy XLE Defined Volatility ETF (DVXE). 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.

	NUKZ	DVXE	Difference
Sharpe ratio: Return per unit of total volatility	1.40	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	2.52	—	—
Martin ratio: Return relative to average drawdown	6.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NUKZ	DVXE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.75	1.99	-0.24

Drawdowns

NUKZ vs. DVXE - Drawdown Comparison

The maximum NUKZ drawdown since its inception was -33.03%, which is greater than DVXE's maximum drawdown of -17.96%. Use the drawdown chart below to compare losses from any high point for NUKZ and DVXE.

Drawdown Indicators

	NUKZ	DVXE	Difference
Max Drawdown Largest peak-to-trough decline	-33.03%	-17.96%	-15.07%
Max Drawdown (1Y) Largest decline over 1 year	-16.51%	—	—
Current Drawdown Current decline from peak	-5.61%	-11.99%	+6.38%
Average Drawdown Average peak-to-trough decline	-6.01%	-5.80%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.55%	—	—

Volatility

Volatility by Period

	NUKZ	DVXE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.74%	31.23%	-1.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.70%	31.23%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.70%	31.23%	+1.47%

NUKZ vs. DVXE - Expense Ratio Comparison

NUKZ has a 0.85% expense ratio, which is lower than DVXE's 0.89% expense ratio.

Dividends

NUKZ vs. DVXE - Dividend Comparison

NUKZ's dividend yield for the trailing twelve months is around 0.80%, while DVXE has not paid dividends to shareholders.

Position	TTM	2025	2024
DVXE WEBs Energy XLE Defined Volatility ETF	0.00%	0.00%	0.00%
NUKZ Range Nuclear Renaissance ETF	0.80%	0.91%	0.09%

Frequently Asked Questions

Can I hold both NUKZ and DVXE in my portfolio?

NUKZ and DVXE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NUKZ or DVXE?

On fees, NUKZ is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NUKZ or DVXE?

NUKZ is cheaper with a 0.85% expense ratio, compared with 0.89% for DVXE.

Which ETF pays a higher dividend yield, NUKZ or DVXE?

NUKZ has the higher dividend yield at 0.80%, compared with 0.00% for DVXE.

What is the main difference between NUKZ and DVXE?

NUKZ tracks Range Nuclear Renaissance Index, while DVXE tracks Syntax Defined Volatility XLE Index. They also come from different issuers: Exchange Traded Concepts and WEBs. Their fees differ too: 0.85% for NUKZ and 0.89% for DVXE.