TNUK vs. DVXE

Last updated Jun 23, 2026

TNUK (Tortoise Nuclear Renaissance ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both Energy Equities funds. TNUK is actively managed, while DVXE is passively managed. At a correlation of -0.12, they often move in opposite directions. TNUK charges 0.75%/yr vs 0.89%/yr for DVXE.

Performance

TNUK vs. DVXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise Nuclear Renaissance ETF (TNUK) and WEBs Energy XLE Defined Volatility ETF (DVXE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TNUK achieves a 4.83% return, which is significantly lower than DVXE's 32.83% return.

TNUK

• 1D: 0.02%
• 1M: 1.01%
• YTD: 4.83%
• 6M: 2.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXE

• 1D: 1.51%
• 1M: -9.73%
• YTD: 32.83%
• 6M: 34.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TNUK vs. DVXE - Yearly Performance Comparison

	2026 (YTD)	2025
TNUK Tortoise Nuclear Renaissance ETF	4.83%	0.34%
DVXE WEBs Energy XLE Defined Volatility ETF	32.83%	0.97%

Correlation

The correlation between TNUK and DVXE is -0.12, 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 (All Time) Calculated using the full available price history since Dec 18, 2025	-0.12

Return for Risk

TNUK vs. DVXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise Nuclear Renaissance ETF (TNUK) and WEBs Energy XLE Defined Volatility ETF (DVXE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

TNUK vs. DVXE - Drawdown Comparison

The maximum TNUK drawdown since its inception was -21.57%, roughly equal to the maximum DVXE drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for TNUK and DVXE.

Drawdown Indicators

	TNUK	DVXE	Difference
Max Drawdown Largest peak-to-trough decline	-21.57%	-20.56%	-1.01%
Current Drawdown Current decline from peak	-12.47%	-19.36%	+6.89%
Average Drawdown Average peak-to-trough decline	-8.44%	-6.30%	-2.14%

Volatility

Volatility by Period

	TNUK	DVXE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	34.83%	31.18%	+3.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.83%	31.18%	+3.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.83%	31.18%	+3.65%

TNUK vs. DVXE - Expense Ratio Comparison

TNUK has a 0.75% expense ratio, which is lower than DVXE's 0.89% expense ratio.

Dividends

TNUK vs. DVXE - Dividend Comparison

Neither TNUK nor DVXE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TNUK and DVXE in my portfolio?

TNUK and DVXE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TNUK or DVXE?

On fees, TNUK is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TNUK or DVXE?

TNUK is cheaper with a 0.75% expense ratio, compared with 0.89% for DVXE.

Which ETF pays a higher dividend yield, TNUK or DVXE?

TNUK and DVXE have nearly identical dividend yields, around 0.00%.

What is the main difference between TNUK and DVXE?

They also come from different issuers: Tortoise and WEBs. Their fees differ too: 0.75% for TNUK and 0.89% for DVXE.