NUKZ vs. SPY

Last updated Aug 2, 2026

NUKZ (Range Nuclear Renaissance ETF) and SPY (State Street SPDR S&P 500 ETF) are both exchange-traded funds - NUKZ is a Energy Equities fund tracking the Range Nuclear Renaissance Index, while SPY is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past year, NUKZ returned 9.75% vs 21.49% for SPY. Their 0.66 correlation means they have sometimes moved together and sometimes differently. NUKZ charges 0.85%/yr vs 0.09%/yr for SPY.

Performance

NUKZ vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Range Nuclear Renaissance ETF (NUKZ) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUKZ achieves a 0.28% return, which is significantly lower than SPY's 10.13% return.

NUKZ

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

SPY

• 1D: 0.72%
• 1M: 0.30%
• 6M: 8.53%
• YTD: 10.13%
• 1Y: 21.49%
• 3Y*: 19.32%
• 5Y*: 12.76%
• 10Y*: 15.07%
• ALL TIME*: 10.79%

*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
SPY State Street SPDR S&P 500 ETF	$37.27B	$35.99B	$39.23B

NUKZ vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NUKZ Range Nuclear Renaissance ETF	0.28%	56.57%	60.11%
SPY State Street SPDR S&P 500 ETF	10.13%	17.72%	22.43%

Correlation

The correlation between NUKZ and SPY is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.71
Correlation (All Time) Calculated using the full available price history since Jan 24, 2024	0.66

The correlation between NUKZ and SPY has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.

NUKZ vs. SPY - Sectors Allocation Comparison

Sectors	NUKZ	SPY
Industrials	47.1%	7.6%
Utilities	35.6%	2.6%
Energy	11.2%	3.4%
Basic Materials	4.7%	1.9%
Technology	1.4%	36.9%
Communication Services	-	9.7%
Consumer Cyclical	-	8.9%
Consumer Defensive	-	4.8%
Financial Services	-	12.5%
Healthcare	-	9.4%
Real Estate	-	2.0%

Return for Risk

NUKZ vs. SPY — 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

SPY

SPY Risk / Return Rank: 67
SPY Sharpe Ratio Rank: 67
SPY Sortino Ratio Rank: 64
SPY Omega Ratio Rank: 65
SPY Calmar Ratio Rank: 64
SPY Martin Ratio Rank: 76

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. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Range Nuclear Renaissance ETF (NUKZ) and State Street SPDR S&P 500 ETF (SPY). 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	SPY	Difference
Sharpe ratio: Return per unit of total volatility	0.22	1.52	-1.30
Sortino ratio: Return per unit of downside risk	0.53	2.11	-1.58
Omega ratio: Gain probability vs. loss probability	1.06	1.27	-0.21
Calmar ratio: Return relative to maximum drawdown	0.33	2.20	-1.87
Martin ratio: Return relative to average drawdown	0.80	9.40	-8.60

NUKZ vs. SPY - Sharpe Ratio Comparison

The current NUKZ Sharpe Ratio is 0.22, which is lower than the SPY Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of NUKZ and SPY, 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. SPY - Drawdown Comparison

The maximum NUKZ drawdown since its inception was -33.03%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NUKZ and SPY.

Drawdown Indicators

	NUKZ	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-33.03%	-55.19%	+22.16%
Max Drawdown (1Y) Largest decline over 1 year	-20.29%	-8.88%	-11.41%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-16.46%	-1.40%	-15.06%
Average Drawdown Average peak-to-trough decline	-6.44%	-9.01%	+2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.42%	2.08%	+6.34%

Volatility

NUKZ vs. SPY - Volatility Comparison

Range Nuclear Renaissance ETF (NUKZ) has a higher volatility of 9.21% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that NUKZ's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUKZ	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.21%	3.58%	+5.63%
Volatility (6M) Calculated over the trailing 6-month period	23.79%	10.14%	+13.65%
Volatility (1Y) Calculated over the trailing 1-year period	31.03%	12.89%	+18.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.74%	17.18%	+15.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.74%	17.95%	+14.79%

NUKZ vs. SPY - Expense Ratio Comparison

NUKZ has a 0.85% expense ratio, which is higher than SPY's 0.09% expense ratio.

Dividends

NUKZ vs. SPY - Dividend Comparison

NUKZ's dividend yield for the trailing twelve months is around 0.91%, less than SPY's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NUKZ Range Nuclear Renaissance ETF	0.91%	0.91%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY State Street SPDR S&P 500 ETF	1.01%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both NUKZ and SPY in my portfolio?

NUKZ and SPY 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 SPY?

NUKZ has higher volatility (9.21%) compared to SPY (3.58%). In terms of maximum drawdown, NUKZ dropped -33.03% vs SPY's -55.19%.

Which ETF is better, NUKZ or SPY?

On 1-year performance, SPY leads with 21.49% vs 9.75% for NUKZ. On fees, SPY is cheaper at 0.09% per year. On volatility, SPY has been the lower-risk option at 3.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NUKZ or SPY?

Over the 1-year period, SPY has performed better with a 21.49% return vs 9.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NUKZ or SPY?

SPY is cheaper with a 0.09% expense ratio, compared with 0.85% for NUKZ.

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

SPY has the higher dividend yield at 1.01%, compared with 0.91% for NUKZ.

What is the main difference between NUKZ and SPY?

NUKZ is categorized as Energy Equities, while SPY is S&P 500. NUKZ tracks Range Nuclear Renaissance Index, while SPY tracks S&P 500 Index. They also come from different issuers: Exchange Traded Concepts and State Street. Their fees differ too: 0.85% for NUKZ and 0.09% for SPY.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (1.52 vs 0.22), 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.