OILT vs. NUKZ

Last updated Jun 4, 2026

OILT (Texas Capital Texas Oil Index ETF) and NUKZ (Range Nuclear Renaissance ETF) are both Energy Equities funds - OILT tracks the Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross while NUKZ tracks the Range Nuclear Renaissance Index. Both are passively managed. Over the past year, OILT returned 47.26% vs 41.42% for NUKZ. At a 0.14 correlation, their price movements are largely independent. OILT charges 0.35%/yr vs 0.85%/yr for NUKZ.

Performance

OILT vs. NUKZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Texas Capital Texas Oil Index ETF (OILT) and Range Nuclear Renaissance ETF (NUKZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OILT achieves a 35.33% return, which is significantly higher than NUKZ's 13.31% return.

OILT

• 1D: 1.74%
• 1M: -4.77%
• YTD: 35.33%
• 6M: 29.79%
• 1Y: 47.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NUKZ

• 1D: -2.59%
• 1M: -0.90%
• YTD: 13.31%
• 6M: 10.66%
• 1Y: 41.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OILT vs. NUKZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OILT Texas Capital Texas Oil Index ETF	35.33%	-3.30%	5.87%
NUKZ Range Nuclear Renaissance ETF	13.31%	56.57%	62.98%

Correlation

The correlation between OILT and NUKZ is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (All Time) Calculated using the full available price history since Jan 25, 2024	0.14

The correlation between OILT and NUKZ shifts across timeframes, from -0.10 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.

OILT vs. NUKZ - Sectors Allocation Comparison

Sectors	OILT	NUKZ
Energy	94.2%	12.9%
Utilities	5.8%	35.8%
Basic Materials	-	4.0%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	45.9%
Real Estate	-	-
Technology	-	1.4%

Return for Risk

OILT vs. NUKZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OILT

OILT Risk / Return Rank: 51
OILT Sharpe Ratio Rank: 49
OILT Sortino Ratio Rank: 45
OILT Omega Ratio Rank: 42
OILT Calmar Ratio Rank: 70
OILT Martin Ratio Rank: 50

NUKZ

NUKZ Risk / Return Rank: 40
NUKZ Sharpe Ratio Rank: 38
NUKZ Sortino Ratio Rank: 38
NUKZ Omega Ratio Rank: 34
NUKZ Calmar Ratio Rank: 50
NUKZ Martin Ratio Rank: 39

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.

OILT vs. NUKZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Texas Capital Texas Oil Index ETF (OILT) and Range Nuclear Renaissance ETF (NUKZ). 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.

	OILT	NUKZ	Difference
Sharpe ratio: Return per unit of total volatility	1.70	1.40	+0.30
Sortino ratio: Return per unit of downside risk	2.25	2.02	+0.24
Omega ratio: Gain probability vs. loss probability	1.27	1.23	+0.04
Calmar ratio: Return relative to maximum drawdown	3.44	2.52	+0.92
Martin ratio: Return relative to average drawdown	8.37	6.34	+2.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OILT vs. NUKZ - Sharpe Ratio Comparison

The current OILT Sharpe Ratio is 1.70, which is comparable to the NUKZ Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of OILT and NUKZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OILT	NUKZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	1.40	+0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	1.75	-1.33

Drawdowns

OILT vs. NUKZ - Drawdown Comparison

The maximum OILT drawdown since its inception was -35.21%, which is greater than NUKZ's maximum drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for OILT and NUKZ.

Drawdown Indicators

	OILT	NUKZ	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-33.03%	-2.18%
Max Drawdown (1Y) Largest decline over 1 year	-13.79%	-16.51%	+2.72%
Current Drawdown Current decline from peak	-8.67%	-5.61%	-3.06%
Average Drawdown Average peak-to-trough decline	-12.93%	-6.01%	-6.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.66%	6.55%	-0.89%

Volatility

OILT vs. NUKZ - Volatility Comparison

Texas Capital Texas Oil Index ETF (OILT) and Range Nuclear Renaissance ETF (NUKZ) have volatilities of 9.94% and 10.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OILT	NUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.94%	10.30%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	21.13%	22.05%	-0.92%
Volatility (1Y) Calculated over the trailing 1-year period	28.09%	29.74%	-1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.72%	32.70%	-3.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.72%	32.70%	-3.98%

OILT vs. NUKZ - Expense Ratio Comparison

OILT has a 0.35% expense ratio, which is lower than NUKZ's 0.85% expense ratio.

Dividends

OILT vs. NUKZ - Dividend Comparison

OILT's dividend yield for the trailing twelve months is around 2.43%, more than NUKZ's 0.80% yield.

Position	TTM	2025	2024
NUKZ Range Nuclear Renaissance ETF	0.80%	0.91%	0.09%
OILT Texas Capital Texas Oil Index ETF	2.43%	3.12%	2.63%

Frequently Asked Questions

Can I hold both OILT and NUKZ in my portfolio?

OILT and NUKZ have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OILT or NUKZ?

NUKZ has higher volatility (10.30%) compared to OILT (9.94%). In terms of maximum drawdown, OILT dropped -35.21% vs NUKZ's -33.03%.

Which ETF is better, OILT or NUKZ?

On 1-year performance, OILT leads with 47.26% vs 41.42% for NUKZ. On fees, OILT is cheaper at 0.35% per year. On volatility, OILT has been the lower-risk option at 9.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OILT or NUKZ?

Over the 1-year period, OILT has performed better with a 47.26% return vs 41.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OILT or NUKZ?

OILT is cheaper with a 0.35% expense ratio, compared with 0.85% for NUKZ.

Which ETF pays a higher dividend yield, OILT or NUKZ?

OILT has the higher dividend yield at 2.43%, compared with 0.80% for NUKZ.

What is the main difference between OILT and NUKZ?

OILT tracks Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross, while NUKZ tracks Range Nuclear Renaissance Index. They also come from different issuers: Texas Capital and Exchange Traded Concepts. Their fees differ too: 0.35% for OILT and 0.85% for NUKZ.

Which has better risk-adjusted returns?

OILT currently has the higher Sharpe Ratio (1.70 vs 1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.