SIL vs. NUKZ

Last updated Jun 13, 2026

SIL (Global X Silver Miners ETF) and NUKZ (Range Nuclear Renaissance ETF) are both exchange-traded funds - SIL is a Silver fund tracking the Solactive Global Silver Miners Total Return Index, while NUKZ is a Energy Equities fund tracking the Range Nuclear Renaissance Index. Both are passively managed. Over the past year, SIL returned 70.58% vs 27.91% for NUKZ. At a 0.47 correlation, their price movements are largely independent. SIL charges 0.65%/yr vs 0.85%/yr for NUKZ.

Performance

SIL vs. NUKZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Silver Miners ETF (SIL) 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, SIL achieves a -2.20% return, which is significantly lower than NUKZ's 7.57% return.

SIL

• 1D: 3.27%
• 1M: -20.41%
• YTD: -2.20%
• 6M: 0.10%
• 1Y: 70.58%
• 3Y*: 46.50%
• 5Y*: 12.56%
• 10Y*: 9.80%

NUKZ

• 1D: 1.59%
• 1M: -5.07%
• YTD: 7.57%
• 6M: 4.81%
• 1Y: 27.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SIL vs. NUKZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SIL Global X Silver Miners ETF	-2.20%	166.16%	27.27%
NUKZ Range Nuclear Renaissance ETF	7.57%	56.57%	60.11%

Correlation

The correlation between SIL and NUKZ is 0.50, 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	0.50
Correlation (All Time) Calculated using the full available price history since Jan 24, 2024	0.47

The correlation between SIL and NUKZ has been stable across timeframes, ranging from 0.47 to 0.50 - a consistent structural relationship.

SIL vs. NUKZ - Sectors Allocation Comparison

Sectors	SIL	NUKZ
Basic Materials	99.8%	4.0%
Consumer Defensive	0.2%	-
Communication Services	-	-
Consumer Cyclical	-	-
Energy	-	12.9%
Financial Services	-	-
Healthcare	-	-
Industrials	-	45.9%
Real Estate	-	-
Technology	-	1.4%
Utilities	-	35.8%

Return for Risk

SIL vs. NUKZ — Risk / Return Rank

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

SIL

SIL Risk / Return Rank: 41
SIL Sharpe Ratio Rank: 44
SIL Sortino Ratio Rank: 39
SIL Omega Ratio Rank: 43
SIL Calmar Ratio Rank: 44
SIL Martin Ratio Rank: 37

NUKZ

NUKZ Risk / Return Rank: 31
NUKZ Sharpe Ratio Rank: 29
NUKZ Sortino Ratio Rank: 30
NUKZ Omega Ratio Rank: 27
NUKZ Calmar Ratio Rank: 39
NUKZ Martin Ratio Rank: 32

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.

SIL vs. NUKZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Silver Miners ETF (SIL) 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.

	SIL	NUKZ	Difference
Sharpe ratio: Return per unit of total volatility	1.37	0.92	+0.45
Sortino ratio: Return per unit of downside risk	1.79	1.43	+0.36
Omega ratio: Gain probability vs. loss probability	1.25	1.17	+0.08
Calmar ratio: Return relative to maximum drawdown	1.91	1.70	+0.21
Martin ratio: Return relative to average drawdown	5.09	4.11	+0.98

SIL vs. NUKZ - Sharpe Ratio Comparison

The current SIL Sharpe Ratio is 1.37, which is higher than the NUKZ Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of SIL 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.

Drawdowns

SIL vs. NUKZ - Drawdown Comparison

The maximum SIL drawdown since its inception was -82.99%, which is greater than NUKZ's maximum drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for SIL and NUKZ.

Drawdown Indicators

	SIL	NUKZ	Difference
Max Drawdown Largest peak-to-trough decline	-82.99%	-33.03%	-49.96%
Max Drawdown (1Y) Largest decline over 1 year	-37.08%	-16.51%	-20.57%
Max Drawdown (3Y) Largest decline over 3 years	-37.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-54.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-63.04%	—	—
Current Drawdown Current decline from peak	-30.80%	-10.39%	-20.41%
Average Drawdown Average peak-to-trough decline	-51.40%	-6.06%	-45.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.90%	6.80%	+7.10%

Volatility

SIL vs. NUKZ - Volatility Comparison

Global X Silver Miners ETF (SIL) has a higher volatility of 19.29% compared to Range Nuclear Renaissance ETF (NUKZ) at 11.24%. This indicates that SIL's price experiences larger fluctuations and is considered to be riskier than NUKZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIL	NUKZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.29%	11.24%	+8.05%
Volatility (6M) Calculated over the trailing 6-month period	43.57%	23.34%	+20.23%
Volatility (1Y) Calculated over the trailing 1-year period	51.69%	30.46%	+21.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.64%	32.94%	+6.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.81%	32.94%	+6.87%

SIL vs. NUKZ - Expense Ratio Comparison

SIL has a 0.65% expense ratio, which is lower than NUKZ's 0.85% expense ratio.

Dividends

SIL vs. NUKZ - Dividend Comparison

SIL's dividend yield for the trailing twelve months is around 1.21%, more than NUKZ's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NUKZ Range Nuclear Renaissance ETF	0.85%	0.91%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SIL Global X Silver Miners ETF	1.21%	1.18%	2.40%	0.59%	0.48%	1.59%	1.92%	1.53%	1.21%	0.02%	3.34%	0.38%

Frequently Asked Questions

Can I hold both SIL and NUKZ in my portfolio?

SIL and NUKZ have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIL or NUKZ?

SIL has higher volatility (19.29%) compared to NUKZ (11.24%). In terms of maximum drawdown, SIL dropped -82.99% vs NUKZ's -33.03%.

Which ETF is better, SIL or NUKZ?

On 1-year performance, SIL leads with 70.58% vs 27.91% for NUKZ. On fees, SIL is cheaper at 0.65% per year. On volatility, NUKZ has been the lower-risk option at 11.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIL or NUKZ?

Over the 1-year period, SIL has performed better with a 70.58% return vs 27.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIL or NUKZ?

SIL is cheaper with a 0.65% expense ratio, compared with 0.85% for NUKZ.

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

SIL has the higher dividend yield at 1.21%, compared with 0.85% for NUKZ.

What is the main difference between SIL and NUKZ?

SIL is categorized as Silver, while NUKZ is Energy Equities. SIL tracks Solactive Global Silver Miners Total Return Index, while NUKZ tracks Range Nuclear Renaissance Index. They also come from different issuers: Global X and Exchange Traded Concepts. Their fees differ too: 0.65% for SIL and 0.85% for NUKZ.

Which has better risk-adjusted returns?

SIL currently has the higher Sharpe Ratio (1.37 vs 0.92), 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.