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NXG.AX vs. BIGZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

NXG.AX vs. BIGZ

Last updated Jun 5, 2026

NXG.AX (NexGen Energy Ltd.) and BIGZ (Blackrock Innovation & Growth Trust) are both stocks. NXG.AX operates in Uranium (Energy), while BIGZ operates in Asset Management (Financial Services). Over the past 3 years, NXG.AX returned 33.58%/yr vs 14.15%/yr for BIGZ. At a 0.03 correlation, their price movements are largely independent.

Performance

NXG.AX vs. BIGZ - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in NexGen Energy Ltd. (NXG.AX) and Blackrock Innovation & Growth Trust (BIGZ). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

NXG.AX is traded in AUD, while BIGZ is traded in USD. To make them comparable, the BIGZ values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NXG.AX achieves a 14.07% return, which is significantly lower than BIGZ's 30.63% return.

NXG.AX

1D
-6.93%
1M
-3.91%
YTD
14.07%
6M
7.69%
1Y
61.48%
3Y*
33.58%
5Y*
—
10Y*
—

BIGZ

1D
-3.72%
1M
10.66%
YTD
30.63%
6M
27.51%
1Y
26.52%
3Y*
14.15%
5Y*
-4.40%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

NXG.AX vs. BIGZ - Yearly Performance Comparison

2026 (YTD)20252024202320222021
NXG.AX
NexGen Energy Ltd.		14.07%29.51%7.46%51.28%11.95%-11.34%
BIGZ
Blackrock Innovation & Growth Trust		30.63%-6.47%24.84%19.38%-44.31%-23.47%

Correlation

The correlation between NXG.AX and BIGZ is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.07

Correlation (3Y)
Calculated over the trailing 3-year period

0.07

Correlation (All Time)
Calculated using the full available price history since Jul 5, 2021

0.03

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

NexGen Energy Ltd.

Blackrock Innovation & Growth Trust

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Often compared with BIGZ:
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Return for Risk

NXG.AX vs. BIGZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NXG.AX
NXG.AX Risk / Return Rank: 7575
Overall Rank
NXG.AX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
NXG.AX Sortino Ratio Rank: 7272
Sortino Ratio Rank
NXG.AX Omega Ratio Rank: 6868
Omega Ratio Rank
NXG.AX Calmar Ratio Rank: 7979
Calmar Ratio Rank
NXG.AX Martin Ratio Rank: 7878
Martin Ratio Rank
BIGZ
BIGZ Risk / Return Rank: 7979
Overall Rank
BIGZ Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
BIGZ Sortino Ratio Rank: 7878
Sortino Ratio Rank
BIGZ Omega Ratio Rank: 7575
Omega Ratio Rank
BIGZ Calmar Ratio Rank: 8181
Calmar Ratio Rank
BIGZ Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NXG.AX vs. BIGZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NexGen Energy Ltd. (NXG.AX) and Blackrock Innovation & Growth Trust (BIGZ). 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.

NXG.AXBIGZDifference
Sharpe ratioReturn per unit of total volatility
1.19
1.19

0.00

Sortino ratioReturn per unit of downside risk
1.82
1.78

+0.05

Omega ratioGain probability vs. loss probability

1.21

1.21

0.00

Calmar ratioReturn relative to maximum drawdown

2.56

1.55

+1.01

Martin ratioReturn relative to average drawdown

5.85

3.25

+2.60

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NXG.AX vs. BIGZ - Sharpe Ratio Comparison

The current NXG.AX Sharpe Ratio is 1.19, which is comparable to the BIGZ Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of NXG.AX and BIGZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

NXG.AXBIGZDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.19

1.19

0.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

-0.16

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

-0.15

+0.50

Drawdowns

NXG.AX vs. BIGZ - Drawdown Comparison

The maximum NXG.AX drawdown since its inception was -51.60%, smaller than the maximum BIGZ drawdown of -62.41%. Use the drawdown chart below to compare losses from any high point for NXG.AX and BIGZ.

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Drawdown Indicators

NXG.AXBIGZDifference

Max Drawdown

Largest peak-to-trough decline

-51.60%

-62.41%

+10.81%

Max Drawdown (1Y)

Largest decline over 1 year

-23.87%

-17.16%

-6.71%

Max Drawdown (3Y)

Largest decline over 3 years

-51.60%

-30.62%

-20.98%

Max Drawdown (5Y)

Largest decline over 5 years

—

-59.59%

—

Current Drawdown

Current decline from peak

-18.19%

-28.89%

+10.70%

Average Drawdown

Average peak-to-trough decline

-19.89%

-43.21%

+23.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.51%

8.19%

+2.32%

Volatility

NXG.AX vs. BIGZ - Volatility Comparison

NexGen Energy Ltd. (NXG.AX) has a higher volatility of 16.67% compared to Blackrock Innovation & Growth Trust (BIGZ) at 8.67%. This indicates that NXG.AX's price experiences larger fluctuations and is considered to be riskier than BIGZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

NXG.AXBIGZDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.67%

8.67%

+8.00%

Volatility (6M)

Calculated over the trailing 6-month period

38.22%

17.76%

+20.46%

Volatility (1Y)

Calculated over the trailing 1-year period

51.66%

22.39%

+29.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

56.05%

27.02%

+29.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.05%

26.91%

+29.14%

Dividends

NXG.AX vs. BIGZ - Dividend Comparison

NXG.AX has not paid dividends to shareholders, while BIGZ's dividend yield for the trailing twelve months is around 8.42%.

PositionTTM20252024202320222021
BIGZ
Blackrock Innovation & Growth Trust		8.42%13.68%11.21%10.45%14.54%4.81%
NXG.AX
NexGen Energy Ltd.		0.00%0.00%0.00%0.00%0.00%0.00%

Financials

NXG.AX vs. BIGZ - Financials Comparison

This section allows you to compare key financial metrics between NexGen Energy Ltd. and Blackrock Innovation & Growth Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Please note, different currencies. NXG.AX values in AUD, BIGZ values in USD

Frequently Asked Questions

NXG.AX and BIGZ have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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