NUKZ vs. FGRTX

Last updated Jun 13, 2026

NUKZ (Range Nuclear Renaissance ETF) and FGRTX (Fidelity Mega Cap Stock Fund) are both funds - NUKZ is a Energy Equities fund tracking the Range Nuclear Renaissance Index, while FGRTX is a Large Cap Blend Equities fund actively managed by Fidelity. NUKZ is passively managed, while FGRTX is actively managed. Over the past year, NUKZ returned 27.91% vs 26.75% for FGRTX. A 0.69 correlation means they provide meaningful diversification when combined. NUKZ charges 0.85%/yr vs 0.58%/yr for FGRTX.

Performance

NUKZ vs. FGRTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Range Nuclear Renaissance ETF (NUKZ) and Fidelity Mega Cap Stock Fund (FGRTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUKZ achieves a 7.57% return, which is significantly lower than FGRTX's 8.35% return.

NUKZ

• 1D: 1.59%
• 1M: -5.07%
• YTD: 7.57%
• 6M: 4.81%
• 1Y: 27.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FGRTX

• 1D: 1.62%
• 1M: -1.08%
• YTD: 8.35%
• 6M: 9.78%
• 1Y: 26.75%
• 3Y*: 24.44%
• 5Y*: 15.83%
• 10Y*: 16.46%

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

NUKZ vs. FGRTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NUKZ Range Nuclear Renaissance ETF	7.57%	56.57%	60.11%
FGRTX Fidelity Mega Cap Stock Fund	8.35%	26.92%	24.73%

Correlation

The correlation between NUKZ and FGRTX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jan 24, 2024	0.69

The correlation between NUKZ and FGRTX has been stable across timeframes, ranging from 0.69 to 0.71 - a consistent structural relationship.

Return for Risk

NUKZ vs. FGRTX — Risk / Return Rank

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

NUKZ

NUKZ Risk / Return Rank: 31
NUKZ Sharpe Ratio Rank: 29
NUKZ Sortino Ratio Rank: 30
NUKZ Omega Ratio Rank: 27
NUKZ Calmar Ratio Rank: 39
NUKZ Martin Ratio Rank: 32

FGRTX

FGRTX Risk / Return Rank: 80
FGRTX Sharpe Ratio Rank: 80
FGRTX Sortino Ratio Rank: 77
FGRTX Omega Ratio Rank: 75
FGRTX Calmar Ratio Rank: 79
FGRTX Martin Ratio Rank: 87

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. FGRTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Range Nuclear Renaissance ETF (NUKZ) and Fidelity Mega Cap Stock Fund (FGRTX). 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.

	NUKZ	FGRTX	Difference
Sharpe ratio: Return per unit of total volatility	0.92	2.17	-1.25
Sortino ratio: Return per unit of downside risk	1.43	2.98	-1.55
Omega ratio: Gain probability vs. loss probability	1.17	1.39	-0.22
Calmar ratio: Return relative to maximum drawdown	1.70	3.00	-1.30
Martin ratio: Return relative to average drawdown	4.11	13.36	-9.25

NUKZ vs. FGRTX - Sharpe Ratio Comparison

The current NUKZ Sharpe Ratio is 0.92, which is lower than the FGRTX Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of NUKZ and FGRTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NUKZ vs. FGRTX - Drawdown Comparison

The maximum NUKZ drawdown since its inception was -33.03%, smaller than the maximum FGRTX drawdown of -56.17%. Use the drawdown chart below to compare losses from any high point for NUKZ and FGRTX.

Drawdown Indicators

	NUKZ	FGRTX	Difference
Max Drawdown Largest peak-to-trough decline	-33.03%	-56.17%	+23.14%
Max Drawdown (1Y) Largest decline over 1 year	-16.51%	-8.99%	-7.52%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.51%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.35%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.18%	—
Current Drawdown Current decline from peak	-10.39%	-2.25%	-8.14%
Average Drawdown Average peak-to-trough decline	-6.06%	-8.71%	+2.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.80%	2.01%	+4.79%

Volatility

NUKZ vs. FGRTX - Volatility Comparison

Range Nuclear Renaissance ETF (NUKZ) has a higher volatility of 11.24% compared to Fidelity Mega Cap Stock Fund (FGRTX) at 4.04%. This indicates that NUKZ's price experiences larger fluctuations and is considered to be riskier than FGRTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUKZ	FGRTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.24%	4.04%	+7.20%
Volatility (6M) Calculated over the trailing 6-month period	23.34%	9.65%	+13.69%
Volatility (1Y) Calculated over the trailing 1-year period	30.46%	12.42%	+18.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.94%	16.77%	+16.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.94%	18.14%	+14.80%

NUKZ vs. FGRTX - Expense Ratio Comparison

NUKZ has a 0.85% expense ratio, which is higher than FGRTX's 0.58% expense ratio.

Dividends

NUKZ vs. FGRTX - Dividend Comparison

NUKZ's dividend yield for the trailing twelve months is around 0.85%, less than FGRTX's 3.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGRTX Fidelity Mega Cap Stock Fund	3.59%	3.89%	2.68%	2.06%	4.38%	4.79%	7.96%	12.98%	21.72%	15.57%	1.97%	4.16%
NUKZ Range Nuclear Renaissance ETF	0.85%	0.91%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NUKZ and FGRTX in my portfolio?

NUKZ and FGRTX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NUKZ or FGRTX?

NUKZ has higher volatility (11.24%) compared to FGRTX (4.04%). In terms of maximum drawdown, NUKZ dropped -33.03% vs FGRTX's -56.17%.

Which has better risk-adjusted returns?

FGRTX currently has the higher Sharpe Ratio (2.17 vs 0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.