NUKZ vs. RAYS

Last updated Aug 2, 2026

NUKZ (Range Nuclear Renaissance ETF) and RAYS (Global X Solar ETF) are both exchange-traded funds - NUKZ is a Energy Equities fund tracking the Range Nuclear Renaissance Index, while RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index. Both are passively managed. NUKZ charges 0.85%/yr vs 0.50%/yr for RAYS.

Performance

NUKZ vs. RAYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Range Nuclear Renaissance ETF (NUKZ) and Global X Solar ETF (RAYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NUKZ

• 1D: -0.20%
• 1M: -4.27%
• 6M: -8.28%
• YTD: 0.28%
• 1Y: 9.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 44.25%

RAYS

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NUKZ Range Nuclear Renaissance ETF	$6.06M	$6.01M	$8.30M
RAYS Global X Solar ETF	$0.00	$0.00	$0.00

NUKZ vs. RAYS - Yearly Performance Comparison

	2026 (YTD)
NUKZ Range Nuclear Renaissance ETF	-4.66%
RAYS Global X Solar ETF	0.00%

NUKZ vs. RAYS - Sectors Allocation Comparison

Sectors	NUKZ	RAYS
Industrials	47.1%	21.4%
Utilities	35.6%	6.8%
Energy	11.2%	-
Basic Materials	4.7%	0.9%
Technology	1.4%	66.9%
Communication Services	-	-
Consumer Cyclical	-	4.0%
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

NUKZ vs. RAYS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NUKZ

NUKZ Risk / Return Rank: 16
NUKZ Sharpe Ratio Rank: 16
NUKZ Sortino Ratio Rank: 17
NUKZ Omega Ratio Rank: 16
NUKZ Calmar Ratio Rank: 17
NUKZ Martin Ratio Rank: 16

RAYS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NUKZ vs. RAYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Range Nuclear Renaissance ETF (NUKZ) and Global X Solar ETF (RAYS). 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	RAYS	Difference
Sharpe ratio: Return per unit of total volatility	0.22	—	—
Sortino ratio: Return per unit of downside risk	0.53	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.33	—	—
Martin ratio: Return relative to average drawdown	0.80	—	—

Drawdowns

NUKZ vs. RAYS - Drawdown Comparison

The maximum NUKZ drawdown since its inception was -33.03%, which is greater than RAYS's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NUKZ and RAYS.

Drawdown Indicators

	NUKZ	RAYS	Difference
Max Drawdown Largest peak-to-trough decline	-33.03%	0.00%	-33.03%
Max Drawdown (1Y) Largest decline over 1 year	-20.29%	—	—
Current Drawdown Current decline from peak	-16.46%	0.00%	-16.46%
Average Drawdown Average peak-to-trough decline	-6.44%	0.00%	-6.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.42%	—	—

Volatility

Volatility by Period

	NUKZ	RAYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.03%	0.00%	+31.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.74%	0.00%	+32.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.74%	0.00%	+32.74%

NUKZ vs. RAYS - Expense Ratio Comparison

NUKZ has a 0.85% expense ratio, which is higher than RAYS's 0.50% expense ratio.

Dividends

NUKZ vs. RAYS - Dividend Comparison

NUKZ's dividend yield for the trailing twelve months is around 0.91%, while RAYS has not paid dividends to shareholders.

Position	TTM	2025	2024
NUKZ Range Nuclear Renaissance ETF	0.91%	0.91%	0.09%
RAYS Global X Solar ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, NUKZ or RAYS?

On fees, RAYS is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NUKZ or RAYS?

RAYS is cheaper with a 0.50% expense ratio, compared with 0.85% for NUKZ.

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

NUKZ has the higher dividend yield at 0.91%, compared with 0.00% for RAYS.

What is the main difference between NUKZ and RAYS?

NUKZ is categorized as Energy Equities, while RAYS is Alternative Energy Equities. NUKZ tracks Range Nuclear Renaissance Index, while RAYS tracks Solactive Solar Index. They also come from different issuers: Exchange Traded Concepts and Global X. Their fees differ too: 0.85% for NUKZ and 0.50% for RAYS.