TRUH vs. NLR

Last updated Jul 21, 2026

TRUH (VanEck Healthcare TruSector ETF) and NLR (VanEck Uranium and Nuclear ETF) are both exchange-traded funds - TRUH is a Health & Biotech Equities fund managed by VanEck, while NLR is a Uranium fund tracking the MVIS Global Uranium & Nuclear Energy Index. At a correlation of -0.15, they often move in opposite directions.

Performance

TRUH vs. NLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Healthcare TruSector ETF (TRUH) and VanEck Uranium and Nuclear ETF (NLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TRUH

• 1D: -1.18%
• 1M: 6.79%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

NLR

• 1D: 0.83%
• 1M: -17.23%
• 6M: -29.26%
• YTD: -15.40%
• 1Y: -8.06%
• 3Y*: 23.46%
• 5Y*: 17.81%
• 10Y*: 10.66%
• ALL TIME*: 3.20%

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

TRUH vs. NLR - Yearly Performance Comparison

	2026 (YTD)
TRUH VanEck Healthcare TruSector ETF	8.59%
NLR VanEck Uranium and Nuclear ETF	-21.80%

Correlation

The correlation between TRUH and NLR is -0.15, 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 Apr 2, 2026	-0.15

Return for Risk

TRUH vs. NLR — Risk / Return Rank

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

TRUH

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

NLR

NLR Risk / Return Rank: 8
NLR Sharpe Ratio Rank: 8
NLR Sortino Ratio Rank: 9
NLR Omega Ratio Rank: 9
NLR Calmar Ratio Rank: 8
NLR Martin Ratio Rank: 8

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.

TRUH vs. NLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Healthcare TruSector ETF (TRUH) and VanEck Uranium and Nuclear ETF (NLR). 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.

	TRUH	NLR	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.19	—
Sortino ratio: Return per unit of downside risk	—	0.03	—
Omega ratio: Gain probability vs. loss probability	—	1.00	—
Calmar ratio: Return relative to maximum drawdown	—	-0.22	—
Martin ratio: Return relative to average drawdown	—	-0.50	—

Drawdowns

TRUH vs. NLR - Drawdown Comparison

The maximum TRUH drawdown since its inception was -4.51%, smaller than the maximum NLR drawdown of -65.05%. Use the drawdown chart below to compare losses from any high point for TRUH and NLR.

Drawdown Indicators

	TRUH	NLR	Difference
Max Drawdown Largest peak-to-trough decline	-4.51%	-65.05%	+60.54%
Max Drawdown (1Y) Largest decline over 1 year	—	-36.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-36.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-36.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.61%	—
Current Drawdown Current decline from peak	-3.25%	-36.08%	+32.83%
Average Drawdown Average peak-to-trough decline	-1.63%	-35.67%	+34.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.20%	—

Volatility

Volatility by Period

	TRUH	NLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.58%	43.18%	-25.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.58%	29.88%	-12.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.58%	24.43%	-6.85%

Dividends

TRUH vs. NLR - Dividend Comparison

TRUH's dividend yield for the trailing twelve months is around 0.31%, less than NLR's 3.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NLR VanEck Uranium and Nuclear ETF	3.01%	2.55%	0.76%	4.54%	2.02%	1.99%	2.23%	2.21%	3.91%	4.86%	3.62%	3.30%
TRUH VanEck Healthcare TruSector ETF	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TRUH and NLR in my portfolio?

TRUH and NLR have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, TRUH or NLR?

NLR has the higher dividend yield at 3.01%, compared with 0.31% for TRUH.

What is the main difference between TRUH and NLR?

TRUH is categorized as Health & Biotech Equities, while NLR is Uranium.