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

Correlation

The correlation between NXE and NLR is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

NXE vs. NLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NexGen Energy Ltd. (NXE) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
3.86%
3.11%
NXE
NLR

Key characteristics

Sharpe Ratio

NXE:

0.03

NLR:

0.64

Sortino Ratio

NXE:

0.43

NLR:

1.11

Omega Ratio

NXE:

1.05

NLR:

1.13

Calmar Ratio

NXE:

0.04

NLR:

0.82

Martin Ratio

NXE:

0.08

NLR:

2.07

Ulcer Index

NXE:

18.87%

NLR:

8.49%

Daily Std Dev

NXE:

53.70%

NLR:

27.53%

Max Drawdown

NXE:

-82.98%

NLR:

-66.96%

Current Drawdown

NXE:

-21.17%

NLR:

-13.33%

Returns By Period

In the year-to-date period, NXE achieves a 0.00% return, which is significantly lower than NLR's 16.82% return.


NXE

YTD

0.00%

1M

-21.17%

6M

3.86%

1Y

1.16%

5Y*

42.65%

10Y*

N/A

NLR

YTD

16.82%

1M

-13.02%

6M

3.12%

1Y

16.69%

5Y*

14.06%

10Y*

8.14%

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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.


Sharpe ratio
The chart of Sharpe ratio for NXE, currently valued at 0.03, compared to the broader market-4.00-2.000.002.000.030.64
The chart of Sortino ratio for NXE, currently valued at 0.43, compared to the broader market-4.00-2.000.002.004.000.431.11
The chart of Omega ratio for NXE, currently valued at 1.05, compared to the broader market0.501.001.502.001.051.13
The chart of Calmar ratio for NXE, currently valued at 0.04, compared to the broader market0.002.004.006.000.040.82
The chart of Martin ratio for NXE, currently valued at 0.08, compared to the broader market-5.000.005.0010.0015.0020.0025.000.082.07
NXE
NLR

The current NXE Sharpe Ratio is 0.03, which is lower than the NLR Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of NXE and NLR, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.03
0.64
NXE
NLR

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 0.74%.


TTM20232022202120202019201820172016201520142013
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
0.74%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.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-21.17%
-13.33%
NXE
NLR

Volatility

NXE vs. NLR - Volatility Comparison

NexGen Energy Ltd. (NXE) has a higher volatility of 10.71% compared to VanEck Vectors Uranium+Nuclear Energy ETF (NLR) at 6.81%. 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.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.71%
6.81%
NXE
NLR
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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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