TNUK vs. GXPE

Last updated Jun 23, 2026

TNUK (Tortoise Nuclear Renaissance ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds. TNUK is actively managed, while GXPE is passively managed. At a correlation of -0.14, they often move in opposite directions. TNUK charges 0.75%/yr vs 0.15%/yr for GXPE.

Performance

TNUK vs. GXPE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise Nuclear Renaissance ETF (TNUK) and Global X PureCap MSCI Energy ETF (GXPE). 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 GXPE's 21.27% return.

TNUK

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

GXPE

• 1D: 1.15%
• 1M: -8.52%
• YTD: 21.27%
• 6M: 22.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TNUK vs. GXPE - Yearly Performance Comparison

	2026 (YTD)	2025
TNUK Tortoise Nuclear Renaissance ETF	4.83%	0.34%
GXPE Global X PureCap MSCI Energy ETF	21.27%	1.01%

Correlation

The correlation between TNUK and GXPE is -0.14, 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	-0.14

Return for Risk

TNUK vs. GXPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise Nuclear Renaissance ETF (TNUK) and Global X PureCap MSCI Energy ETF (GXPE). 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. GXPE - Drawdown Comparison

The maximum TNUK drawdown since its inception was -21.57%, which is greater than GXPE's maximum drawdown of -14.89%. Use the drawdown chart below to compare losses from any high point for TNUK and GXPE.

Drawdown Indicators

	TNUK	GXPE	Difference
Max Drawdown Largest peak-to-trough decline	-21.57%	-14.89%	-6.68%
Current Drawdown Current decline from peak	-12.47%	-13.91%	+1.44%
Average Drawdown Average peak-to-trough decline	-8.44%	-3.58%	-4.86%

Volatility

Volatility by Period

	TNUK	GXPE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	34.83%	20.71%	+14.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.83%	20.71%	+14.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.83%	20.71%	+14.12%

TNUK vs. GXPE - Expense Ratio Comparison

TNUK has a 0.75% expense ratio, which is higher than GXPE's 0.15% expense ratio.

Dividends

TNUK vs. GXPE - Dividend Comparison

TNUK has not paid dividends to shareholders, while GXPE's dividend yield for the trailing twelve months is around 0.99%.

Position	TTM	2025
GXPE Global X PureCap MSCI Energy ETF	0.99%	1.20%
TNUK Tortoise Nuclear Renaissance ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TNUK and GXPE in my portfolio?

TNUK and GXPE have a correlation of -0.14, 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 GXPE?

On fees, GXPE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TNUK or GXPE?

GXPE is cheaper with a 0.15% expense ratio, compared with 0.75% for TNUK.

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

GXPE has the higher dividend yield at 0.99%, compared with 0.00% for TNUK.

What is the main difference between TNUK and GXPE?

They also come from different issuers: Tortoise and Global X. Their fees differ too: 0.75% for TNUK and 0.15% for GXPE.