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NXE vs. AIQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NXE and AIQ is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

NXE vs. AIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NexGen Energy Ltd. (NXE) and Global X Artificial Intelligence & Technology ETF (AIQ). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-1.83%
9.47%
NXE
AIQ

Key characteristics

Sharpe Ratio

NXE:

0.02

AIQ:

1.38

Sortino Ratio

NXE:

0.41

AIQ:

1.88

Omega Ratio

NXE:

1.05

AIQ:

1.25

Calmar Ratio

NXE:

0.02

AIQ:

1.92

Martin Ratio

NXE:

0.05

AIQ:

7.35

Ulcer Index

NXE:

18.72%

AIQ:

3.65%

Daily Std Dev

NXE:

53.87%

AIQ:

19.40%

Max Drawdown

NXE:

-82.98%

AIQ:

-44.66%

Current Drawdown

NXE:

-21.40%

AIQ:

-3.87%

Returns By Period

In the year-to-date period, NXE achieves a -0.29% return, which is significantly lower than AIQ's 25.23% return.


NXE

YTD

-0.29%

1M

-11.87%

6M

-1.13%

1Y

4.96%

5Y*

41.90%

10Y*

N/A

AIQ

YTD

25.23%

1M

2.96%

6M

8.61%

1Y

25.87%

5Y*

17.27%

10Y*

N/A

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Risk-Adjusted Performance

NXE vs. AIQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NexGen Energy Ltd. (NXE) and Global X Artificial Intelligence & Technology ETF (AIQ). 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.


Sharpe ratio
The chart of Sharpe ratio for NXE, currently valued at 0.02, compared to the broader market-4.00-2.000.002.000.021.38
The chart of Sortino ratio for NXE, currently valued at 0.41, compared to the broader market-4.00-2.000.002.004.000.411.88
The chart of Omega ratio for NXE, currently valued at 1.05, compared to the broader market0.501.001.502.001.051.25
The chart of Calmar ratio for NXE, currently valued at 0.02, compared to the broader market0.002.004.006.000.021.92
The chart of Martin ratio for NXE, currently valued at 0.05, compared to the broader market0.0010.0020.000.057.35
NXE
AIQ

The current NXE Sharpe Ratio is 0.02, which is lower than the AIQ Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of NXE and AIQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.02
1.38
NXE
AIQ

Dividends

NXE vs. AIQ - Dividend Comparison

NXE has not paid dividends to shareholders, while AIQ's dividend yield for the trailing twelve months is around 0.16%.


TTM202320222021202020192018
NXE
NexGen Energy Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AIQ
Global X Artificial Intelligence & Technology ETF
0.16%0.16%0.56%0.15%0.50%0.51%0.51%

Drawdowns

NXE vs. AIQ - Drawdown Comparison

The maximum NXE drawdown since its inception was -82.98%, which is greater than AIQ's maximum drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for NXE and AIQ. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-21.40%
-3.87%
NXE
AIQ

Volatility

NXE vs. AIQ - Volatility Comparison

NexGen Energy Ltd. (NXE) has a higher volatility of 14.28% compared to Global X Artificial Intelligence & Technology ETF (AIQ) at 5.35%. This indicates that NXE's price experiences larger fluctuations and is considered to be riskier than AIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
14.28%
5.35%
NXE
AIQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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