R2SC.L vs. NUKL.DE
R2SC.L (SPDR Russell 2000 US Small Cap UCITS ETF) and NUKL.DE (VanEck Uranium and Nuclear Technologies UCITS ETF A) are both exchange-traded funds - R2SC.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD, while NUKL.DE is a Energy Equities fund tracking the MarketVector Global Uranium and Nuclear Energy Infrastructure. Both are passively managed. Over the past 3 years, R2SC.L returned 15.25%/yr vs 42.47%/yr for NUKL.DE. At a 0.49 correlation, their price movements are largely independent. R2SC.L charges 0.30%/yr vs 0.55%/yr for NUKL.DE.
Performance
R2SC.L vs. NUKL.DE - Performance Comparison
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Different Trading Currencies
R2SC.L is traded in GBP, while NUKL.DE is traded in EUR. To make them comparable, the NUKL.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, R2SC.L achieves a 16.67% return, which is significantly higher than NUKL.DE's 9.73% return.
R2SC.L
- 1D
- -0.62%
- 1M
- 4.94%
- YTD
- 16.67%
- 6M
- 16.08%
- 1Y
- 40.29%
- 3Y*
- 15.25%
- 5Y*
- 7.03%
- 10Y*
- 11.53%
NUKL.DE
- 1D
- -4.18%
- 1M
- -2.05%
- YTD
- 9.73%
- 6M
- 2.20%
- 1Y
- 53.41%
- 3Y*
- 42.47%
- 5Y*
- —
- 10Y*
- —
R2SC.L vs. NUKL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
R2SC.L SPDR Russell 2000 US Small Cap UCITS ETF | 16.67% | 4.66% | 11.86% | 1.18% |
NUKL.DE VanEck Uranium and Nuclear Technologies UCITS ETF A | 9.73% | 59.38% | 32.02% | 21.60% |
Correlation
The correlation between R2SC.L and NUKL.DE is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023 | 0.49 |
The correlation between R2SC.L and NUKL.DE has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.
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Return for Risk
R2SC.L vs. NUKL.DE — Risk / Return Rank
R2SC.L
NUKL.DE
R2SC.L vs. NUKL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Russell 2000 US Small Cap UCITS ETF (R2SC.L) and VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE). 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.
| R2SC.L | NUKL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.21 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.65 | 1.93 | +2.71 |
| Martin ratioReturn relative to average drawdown | 13.68 | 4.52 | +9.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| R2SC.L | NUKL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 1.23 | +1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.07 | -0.53 |
Drawdowns
R2SC.L vs. NUKL.DE - Drawdown Comparison
The maximum R2SC.L drawdown since its inception was -35.03%, roughly equal to the maximum NUKL.DE drawdown of -35.83%. Use the drawdown chart below to compare losses from any high point for R2SC.L and NUKL.DE.
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Drawdown Indicators
| R2SC.L | NUKL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.03% | -35.83% | +0.80% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -26.33% | +17.70% |
Max Drawdown (3Y)Largest decline over 3 years | -30.00% | -35.83% | +5.83% |
Max Drawdown (5Y)Largest decline over 5 years | -30.00% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.03% | — | — |
Current DrawdownCurrent decline from peak | -1.21% | -14.09% | +12.88% |
Average DrawdownAverage peak-to-trough decline | -8.52% | -8.02% | -0.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 11.28% | -8.34% |
Volatility
R2SC.L vs. NUKL.DE - Volatility Comparison
The current volatility for SPDR Russell 2000 US Small Cap UCITS ETF (R2SC.L) is 5.26%, while VanEck Uranium and Nuclear Technologies UCITS ETF A (NUKL.DE) has a volatility of 11.77%. This indicates that R2SC.L experiences smaller price fluctuations and is considered to be less risky than NUKL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| R2SC.L | NUKL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 11.77% | -6.51% |
Volatility (6M)Calculated over the trailing 6-month period | 11.75% | 28.59% | -16.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.24% | 41.66% | -24.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.06% | 33.88% | -13.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.78% | 33.88% | -13.10% |
R2SC.L vs. NUKL.DE - Expense Ratio Comparison
R2SC.L has a 0.30% expense ratio, which is lower than NUKL.DE's 0.55% expense ratio.
Dividends
R2SC.L vs. NUKL.DE - Dividend Comparison
Neither R2SC.L nor NUKL.DE has paid dividends to shareholders.
Frequently Asked Questions
R2SC.L and NUKL.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, R2SC.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
R2SC.L is cheaper with a 0.30% expense ratio, compared with 0.55% for NUKL.DE.
R2SC.L is categorized as Small Cap Blend Equities, while NUKL.DE is Energy Equities. R2SC.L tracks Russell 2000 TR USD, while NUKL.DE tracks MarketVector Global Uranium and Nuclear Energy Infrastructure. They also come from different issuers: State Street and VanEck. Their fees differ too: 0.30% for R2SC.L and 0.55% for NUKL.DE.
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