NXG.AX vs. XDTE

Last updated Apr 2, 2026

Compare and contrast key facts about NexGen Energy Ltd. (NXG.AX) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).

XDTE is an actively managed fund by Roundhill. It was launched on Mar 7, 2024.

Performance

NXG.AX vs. XDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in NexGen Energy Ltd. (NXG.AX) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). The values are adjusted to include any dividend payments, if applicable.

NXG.AX vs. XDTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NXG.AX NexGen Energy Ltd.	22.79%	29.51%	-9.92%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	-5.42%	4.43%	24.49%

Different Trading Currencies

NXG.AX is traded in AUD, while XDTE is traded in USD. To make them comparable, the XDTE 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 22.79% return, which is significantly higher than XDTE's -5.42% return.

NXG.AX

• 1D: 6.70%
• 1M: -4.55%
• YTD: 22.79%
• 6M: 25.66%
• 1Y: 143.48%
• 3Y*: 42.67%
• 5Y*: —
• 10Y*: —

XDTE

• 1D: 1.26%
• 1M: -1.11%
• YTD: -5.42%
• 6M: -2.97%
• 1Y: 3.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NXG.AX vs. XDTE — 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: 93
NXG.AX Sharpe Ratio Rank: 94
NXG.AX Sortino Ratio Rank: 92
NXG.AX Omega Ratio Rank: 87
NXG.AX Calmar Ratio Rank: 95
NXG.AX Martin Ratio Rank: 95

XDTE

XDTE Risk / Return Rank: 45
XDTE Sharpe Ratio Rank: 48
XDTE Sortino Ratio Rank: 41
XDTE Omega Ratio Rank: 48
XDTE Calmar Ratio Rank: 41
XDTE Martin Ratio Rank: 46

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. XDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NexGen Energy Ltd. (NXG.AX) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). 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.AX	XDTE	Difference
Sharpe ratio Return per unit of total volatility	2.63	0.26	+2.37
Sortino ratio Return per unit of downside risk	3.10	0.43	+2.67
Omega ratio Gain probability vs. loss probability	1.37	1.07	+0.30
Calmar ratio Return relative to maximum drawdown	6.36	0.26	+6.10
Martin ratio Return relative to average drawdown	16.58	0.89	+15.69
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. XDTE - Sharpe Ratio Comparison

The current NXG.AX Sharpe Ratio is 2.63, which is higher than the XDTE Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of NXG.AX and XDTE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NXG.AX	XDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	0.26	+2.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.78	-0.39

Correlation

The correlation between NXG.AX and XDTE is 0.09, 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.

Dividends

NXG.AX vs. XDTE - Dividend Comparison

NXG.AX has not paid dividends to shareholders, while XDTE's dividend yield for the trailing twelve months is around 38.73%.

	TTM	2025	2024
NXG.AX NexGen Energy Ltd.	0.00%	0.00%	0.00%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	38.73%	39.16%	20.35%

Drawdowns

NXG.AX vs. XDTE - Drawdown Comparison

The maximum NXG.AX drawdown since its inception was -51.60%, which is greater than XDTE's maximum drawdown of -20.85%. Use the drawdown chart below to compare losses from any high point for NXG.AX and XDTE.

Drawdown Indicators

	NXG.AX	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	-51.60%	-19.09%	-32.51%
Max Drawdown (1Y) Largest decline over 1 year	-21.67%	-12.87%	-8.80%
Current Drawdown Current decline from peak	-11.94%	-4.87%	-7.07%
Average Drawdown Average peak-to-trough decline	-20.06%	-2.44%	-17.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.31%	3.14%	+5.17%

Volatility

NXG.AX vs. XDTE - Volatility Comparison

NexGen Energy Ltd. (NXG.AX) has a higher volatility of 18.26% compared to Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 3.98%. This indicates that NXG.AX's price experiences larger fluctuations and is considered to be riskier than XDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXG.AX	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.26%	3.98%	+14.28%
Volatility (6M) Calculated over the trailing 6-month period	39.18%	7.53%	+31.65%
Volatility (1Y) Calculated over the trailing 1-year period	54.33%	14.55%	+39.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.14%	13.57%	+42.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.14%	13.57%	+42.57%