VOLT vs. NCLR.L
VOLT (Tema Electrification ETF) and NCLR.L (WisdomTree Uranium and Nuclear Energy UCITS ETF) are both exchange-traded funds - VOLT is a Energy Equities fund actively managed by Tema, while NCLR.L is a Uranium fund tracking the WisdomTree Uranium and Nuclear Energy UCITS Index. VOLT is actively managed, while NCLR.L is passively managed. Over the past year, VOLT returned 62.39% vs 42.96% for NCLR.L. At a 0.44 correlation, their price movements are largely independent. VOLT charges 0.75%/yr vs 0.45%/yr for NCLR.L.
Performance
VOLT vs. NCLR.L - Performance Comparison
Loading charts...
Different Trading Currencies
VOLT is traded in USD, while NCLR.L is traded in GBp. To make them comparable, the NCLR.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VOLT achieves a 36.32% return, which is significantly higher than NCLR.L's 2.09% return.
VOLT
- 1D
- 1.28%
- 1M
- -3.50%
- YTD
- 36.32%
- 6M
- 35.03%
- 1Y
- 62.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NCLR.L
- 1D
- 0.00%
- 1M
- -16.15%
- YTD
- 2.09%
- 6M
- 3.26%
- 1Y
- 42.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VOLT vs. NCLR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VOLT Tema Electrification ETF | 36.32% | 36.53% |
NCLR.L WisdomTree Uranium and Nuclear Energy UCITS ETF | 2.09% | 121.93% |
Correlation
The correlation between VOLT and NCLR.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2025 | 0.44 |
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
VOLT vs. NCLR.L — Risk / Return Rank
VOLT
NCLR.L
VOLT vs. NCLR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema Electrification ETF (VOLT) and WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L). 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.
| VOLT | NCLR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.17 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 6.35 | 1.36 | +4.99 |
| Martin ratioReturn relative to average drawdown | 17.90 | 3.18 | +14.72 |
Loading charts...
Drawdowns
VOLT vs. NCLR.L - Drawdown Comparison
The maximum VOLT drawdown since its inception was -23.40%, smaller than the maximum NCLR.L drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for VOLT and NCLR.L.
Loading charts...
Drawdown Indicators
| VOLT | NCLR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.40% | -30.80% | +7.40% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -30.80% | +21.21% |
Current DrawdownCurrent decline from peak | -4.76% | -29.15% | +24.39% |
Average DrawdownAverage peak-to-trough decline | -5.19% | -9.15% | +3.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 13.23% | -9.83% |
Volatility
VOLT vs. NCLR.L - Volatility Comparison
The current volatility for Tema Electrification ETF (VOLT) is 9.23%, while WisdomTree Uranium and Nuclear Energy UCITS ETF (NCLR.L) has a volatility of 13.69%. This indicates that VOLT experiences smaller price fluctuations and is considered to be less risky than NCLR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VOLT | NCLR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.23% | 13.69% | -4.46% |
Volatility (6M)Calculated over the trailing 6-month period | 18.19% | 36.17% | -17.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.28% | 48.42% | -27.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.40% | 49.10% | -24.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.40% | 49.10% | -24.70% |
VOLT vs. NCLR.L - Expense Ratio Comparison
VOLT has a 0.75% expense ratio, which is higher than NCLR.L's 0.45% expense ratio.
Dividends
VOLT vs. NCLR.L - Dividend Comparison
VOLT's dividend yield for the trailing twelve months is around 0.33%, while NCLR.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
NCLR.L WisdomTree Uranium and Nuclear Energy UCITS ETF | 0.00% | 0.00% | 0.00% |
VOLT Tema Electrification ETF | 0.33% | 0.46% | 0.01% |
Frequently Asked Questions
VOLT and NCLR.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NCLR.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NCLR.L is cheaper with a 0.45% expense ratio, compared with 0.75% for VOLT.
VOLT is categorized as Energy Equities, while NCLR.L is Uranium. They also come from different issuers: Tema and WisdomTree. Their fees differ too: 0.75% for VOLT and 0.45% for NCLR.L.
Find the right allocation for VOLT and NCLR.L
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