UMAY vs. NLR
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR).
UMAY and NLR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UMAY is a passively managed fund by Innovator that tracks the performance of the S&P 500. It was launched on Apr 30, 2020. NLR is a passively managed fund by VanEck that tracks the performance of the DAXglobal Nuclear Energy Index. It was launched on Aug 13, 2007. Both UMAY and NLR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
UMAY vs. NLR - Performance Comparison
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UMAY vs. NLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UMAY Innovator U.S. Equity Ultra Buffer ETF - May | 0.66% | 8.79% | 14.32% | 12.53% | -9.21% | 5.25% | 7.38% |
NLR VanEck Vectors Uranium+Nuclear Energy ETF | 7.24% | 56.50% | 14.26% | 36.67% | 2.29% | 13.63% | 20.84% |
Returns By Period
In the year-to-date period, UMAY achieves a 0.66% return, which is significantly lower than NLR's 7.24% return.
UMAY
- 1D
- 1.04%
- 1M
- -0.13%
- YTD
- 0.66%
- 6M
- 2.64%
- 1Y
- 9.98%
- 3Y*
- 11.16%
- 5Y*
- 5.92%
- 10Y*
- —
NLR
- 1D
- 4.76%
- 1M
- -10.17%
- YTD
- 7.24%
- 6M
- 0.63%
- 1Y
- 86.31%
- 3Y*
- 37.32%
- 5Y*
- 23.33%
- 10Y*
- 13.86%
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UMAY vs. NLR - Expense Ratio Comparison
UMAY has a 0.79% expense ratio, which is higher than NLR's 0.60% expense ratio.
Return for Risk
UMAY vs. NLR — Risk / Return Rank
UMAY
NLR
UMAY vs. NLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) and VanEck Vectors Uranium+Nuclear Energy 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.
| UMAY | NLR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 2.06 | -1.17 |
Sortino ratioReturn per unit of downside risk | 1.35 | 2.63 | -1.28 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.33 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.17 | 3.26 | -2.09 |
Martin ratioReturn relative to average drawdown | 7.21 | 7.88 | -0.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UMAY | NLR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 2.06 | -1.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.83 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.18 | +0.62 |
Correlation
The correlation between UMAY and NLR is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
UMAY vs. NLR - Dividend Comparison
UMAY has not paid dividends to shareholders, while NLR's dividend yield for the trailing twelve months is around 2.38%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UMAY Innovator U.S. Equity Ultra Buffer ETF - May | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NLR VanEck Vectors Uranium+Nuclear Energy ETF | 2.38% | 2.55% | 0.76% | 4.54% | 2.02% | 1.99% | 2.23% | 2.21% | 3.91% | 4.86% | 3.62% | 3.30% |
Drawdowns
UMAY vs. NLR - Drawdown Comparison
The maximum UMAY drawdown since its inception was -12.12%, smaller than the maximum NLR drawdown of -65.05%. Use the drawdown chart below to compare losses from any high point for UMAY and NLR.
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Drawdown Indicators
| UMAY | NLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.12% | -65.05% | +52.93% |
Max Drawdown (1Y)Largest decline over 1 year | -9.02% | -25.80% | +16.78% |
Max Drawdown (5Y)Largest decline over 5 years | -12.12% | -30.48% | +18.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.35% | — |
Current DrawdownCurrent decline from peak | -0.25% | -18.97% | +18.72% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -35.91% | +33.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 10.67% | -9.21% |
Volatility
UMAY vs. NLR - Volatility Comparison
The current volatility for Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) is 1.69%, while VanEck Vectors Uranium+Nuclear Energy ETF (NLR) has a volatility of 14.04%. This indicates that UMAY experiences smaller price fluctuations and is considered to be less risky than NLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UMAY | NLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.69% | 14.04% | -12.35% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 32.94% | -30.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.31% | 42.23% | -30.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.48% | 28.16% | -19.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.03% | 23.39% | -15.36% |