TNUK vs. RNWZ
TNUK (Tortoise Nuclear Renaissance ETF) and RNWZ (TrueShares Eagle Global Renewable Energy Income ETF) are both Energy Equities funds. Both are actively managed. At a 0.48 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
TNUK vs. RNWZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TNUK achieves a 4.10% return, which is significantly lower than RNWZ's 16.09% return.
TNUK
- 1D
- 0.18%
- 1M
- -7.01%
- YTD
- 4.10%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RNWZ
- 1D
- -0.16%
- 1M
- -3.74%
- YTD
- 16.09%
- 6M
- 17.14%
- 1Y
- 37.91%
- 3Y*
- 12.77%
- 5Y*
- —
- 10Y*
- —
TNUK vs. RNWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TNUK Tortoise Nuclear Renaissance ETF | 4.10% | 0.02% |
RNWZ TrueShares Eagle Global Renewable Energy Income ETF | 16.09% | 1.43% |
Correlation
The correlation between TNUK and RNWZ is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 19, 2025 | 0.48 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TNUK vs. RNWZ — Risk / Return Rank
TNUK
RNWZ
TNUK vs. RNWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tortoise Nuclear Renaissance ETF (TNUK) and TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| TNUK | RNWZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.61 | -0.34 |
Drawdowns
TNUK vs. RNWZ - Drawdown Comparison
The maximum TNUK drawdown since its inception was -17.94%, smaller than the maximum RNWZ drawdown of -24.90%. Use the drawdown chart below to compare losses from any high point for TNUK and RNWZ.
Loading charts...
Drawdown Indicators
| TNUK | RNWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.94% | -24.90% | +6.96% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.06% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.74% | — |
Current DrawdownCurrent decline from peak | -13.08% | -4.62% | -8.46% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -7.18% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.47% | — |
Volatility
TNUK vs. RNWZ - Volatility Comparison
Loading charts...
Volatility by Period
| TNUK | RNWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.92% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.86% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 34.07% | 15.06% | +19.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.07% | 16.98% | +17.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.07% | 16.98% | +17.09% |
TNUK vs. RNWZ - Expense Ratio Comparison
Both TNUK and RNWZ have an expense ratio of 0.75%.
Dividends
TNUK vs. RNWZ - Dividend Comparison
TNUK has not paid dividends to shareholders, while RNWZ's dividend yield for the trailing twelve months is around 1.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
RNWZ TrueShares Eagle Global Renewable Energy Income ETF | 1.93% | 2.12% | 2.36% | 3.87% | 0.01% |
TNUK Tortoise Nuclear Renaissance ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TNUK and RNWZ have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
TNUK and RNWZ have the same expense ratio: 0.75% per year.
RNWZ has the higher dividend yield at 1.93%, compared with 0.00% for TNUK.
They also come from different issuers: Tortoise and TrueShares.
Find the right allocation for TNUK and RNWZ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer