SHMDX vs. NUKZ
SHMDX (Virtus Stone Harbor Emerging Mkts Debt) and NUKZ (Range Nuclear Renaissance ETF) are both funds - SHMDX is a Emerging Markets Bonds fund managed by Stone Harbor, while NUKZ is a Energy Equities fund tracking the Range Nuclear Renaissance Index. Over the past year, SHMDX returned 15.28% vs 28.33% for NUKZ. At a 0.29 correlation, their price movements are largely independent. SHMDX charges 0.73%/yr vs 0.85%/yr for NUKZ.
Performance
SHMDX vs. NUKZ - Performance Comparison
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Returns By Period
In the year-to-date period, SHMDX achieves a 4.39% return, which is significantly lower than NUKZ's 9.01% return.
SHMDX
- 1D
- -0.25%
- 1M
- 1.84%
- YTD
- 4.39%
- 6M
- 4.65%
- 1Y
- 15.28%
- 3Y*
- 12.87%
- 5Y*
- 3.45%
- 10Y*
- 4.32%
NUKZ
- 1D
- -2.63%
- 1M
- -2.18%
- YTD
- 9.01%
- 6M
- 6.01%
- 1Y
- 28.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHMDX vs. NUKZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SHMDX Virtus Stone Harbor Emerging Mkts Debt | 4.39% | 15.13% | 10.95% |
NUKZ Range Nuclear Renaissance ETF | 9.01% | 56.57% | 60.11% |
Correlation
The correlation between SHMDX and NUKZ is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2024 | 0.29 |
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Return for Risk
SHMDX vs. NUKZ — Risk / Return Rank
SHMDX
NUKZ
SHMDX vs. NUKZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Stone Harbor Emerging Mkts Debt (SHMDX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SHMDX | NUKZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.38 | ||
| Sortino ratioReturn per unit of downside risk | +4.03 | ||
| Omega ratioGain probability vs. loss probability | 1.72 | 1.17 | +0.55 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | 1.72 | +1.86 |
| Martin ratioReturn relative to average drawdown | 15.82 | 4.11 | +11.70 |
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Drawdowns
SHMDX vs. NUKZ - Drawdown Comparison
The maximum SHMDX drawdown since its inception was -35.83%, which is greater than NUKZ's maximum drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for SHMDX and NUKZ.
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Drawdown Indicators
| SHMDX | NUKZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.83% | -33.03% | -2.80% |
Max Drawdown (1Y)Largest decline over 1 year | -4.33% | -16.51% | +12.18% |
Max Drawdown (3Y)Largest decline over 3 years | -6.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.98% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.98% | — | — |
Current DrawdownCurrent decline from peak | -0.55% | -9.20% | +8.65% |
Average DrawdownAverage peak-to-trough decline | -5.93% | -6.08% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 6.91% | -5.93% |
Volatility
SHMDX vs. NUKZ - Volatility Comparison
The current volatility for Virtus Stone Harbor Emerging Mkts Debt (SHMDX) is 1.27%, while Range Nuclear Renaissance ETF (NUKZ) has a volatility of 10.93%. This indicates that SHMDX experiences smaller price fluctuations and is considered to be less risky than NUKZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHMDX | NUKZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 10.93% | -9.66% |
Volatility (6M)Calculated over the trailing 6-month period | 3.94% | 23.18% | -19.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.70% | 30.61% | -25.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.95% | 32.89% | -25.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.60% | 32.89% | -25.29% |
SHMDX vs. NUKZ - Expense Ratio Comparison
SHMDX has a 0.73% expense ratio, which is lower than NUKZ's 0.85% expense ratio.
Dividends
SHMDX vs. NUKZ - Dividend Comparison
SHMDX's dividend yield for the trailing twelve months is around 6.20%, more than NUKZ's 0.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUKZ Range Nuclear Renaissance ETF | 0.84% | 0.91% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHMDX Virtus Stone Harbor Emerging Mkts Debt | 6.20% | 6.21% | 6.73% | 8.10% | 10.70% | 4.78% | 5.24% | 5.51% | 6.80% | 6.12% | 6.72% | 6.65% |
Frequently Asked Questions
SHMDX and NUKZ have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NUKZ has higher volatility (10.93%) compared to SHMDX (1.27%). In terms of maximum drawdown, SHMDX dropped -35.83% vs NUKZ's -33.03%.
SHMDX currently has the higher Sharpe Ratio (3.31 vs 0.93), 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.
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