NXE vs. NLR
Compare and contrast key facts about NexGen Energy Ltd. (NXE) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR).
NLR is a passively managed fund by VanEck that tracks the performance of the DAXglobal Nuclear Energy Index. It was launched on Aug 13, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NXE or NLR.
Key characteristics
| NXE | NLR | |
|---|---|---|
| YTD Return | 18.43% | 13.04% |
| 1Y Return | 121.66% | 52.08% |
| 3Y Return (Ann) | 26.80% | 17.86% |
| 5Y Return (Ann) | 38.31% | 12.82% |
| 10Y Return (Ann) | 44.02% | 8.50% |
| Sharpe Ratio | 2.50 | 2.34 |
| Daily Std Dev | 47.88% | 22.80% |
| Max Drawdown | -82.98% | -66.96% |
| Current Drawdown | -5.90% | 0.00% |
Correlation
The correlation between NXE and NLR is 0.36, 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.
Performance
NXE vs. NLR - Performance Comparison
In the year-to-date period, NXE achieves a 18.43% return, which is significantly higher than NLR's 13.04% return. Over the past 10 years, NXE has outperformed NLR with an annualized return of 44.02%, while NLR has yielded a comparatively lower 8.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NXE vs. NLR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NexGen Energy Ltd. (NXE) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR). 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.
Dividends
NXE vs. NLR - Dividend Comparison
NXE has not paid dividends to shareholders, while NLR's dividend yield for the trailing twelve months is around 4.02%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXE NexGen Energy Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NLR VanEck Vectors Uranium+Nuclear Energy ETF | 4.02% | 4.54% | 2.02% | 1.99% | 2.23% | 2.43% | 3.91% | 4.86% | 3.62% | 3.30% | 2.48% | 0.69% |
Drawdowns
NXE vs. NLR - Drawdown Comparison
The maximum NXE drawdown since its inception was -82.98%, which is greater than NLR's maximum drawdown of -66.96%. Use the drawdown chart below to compare losses from any high point for NXE and NLR. For additional features, visit the drawdowns tool.
Volatility
NXE vs. NLR - Volatility Comparison
NexGen Energy Ltd. (NXE) has a higher volatility of 16.20% compared to VanEck Vectors Uranium+Nuclear Energy ETF (NLR) at 6.65%. This indicates that NXE's price experiences larger fluctuations and is considered to be riskier than NLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.