1816.HK vs. URA
Compare and contrast key facts about CGN Power (1816.HK) and Global X Uranium ETF (URA).
URA is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components Index. It was launched on Nov 4, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 1816.HK or URA.
Key characteristics
| 1816.HK | URA | |
|---|---|---|
| YTD Return | 61.27% | -6.38% |
| 1Y Return | 67.85% | 14.50% |
| 3Y Return (Ann) | 29.07% | 11.86% |
| 5Y Return (Ann) | 14.51% | 23.31% |
| Sharpe Ratio | 2.17 | 0.41 |
| Daily Std Dev | 30.88% | 34.89% |
| Max Drawdown | -68.29% | -93.54% |
| Current Drawdown | -16.23% | -72.69% |
Correlation
The correlation between 1816.HK and URA is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
1816.HK vs. URA - Performance Comparison
In the year-to-date period, 1816.HK achieves a 61.27% return, which is significantly higher than URA's -6.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
1816.HK vs. URA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CGN Power (1816.HK) and Global X Uranium ETF (URA). 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.
Dividends
1816.HK vs. URA - Dividend Comparison
1816.HK's dividend yield for the trailing twelve months is around 3.25%, less than URA's 6.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1816.HK CGN Power | 3.25% | 4.74% | 5.31% | 4.08% | 4.97% | 4.05% | 4.48% | 2.73% | 2.34% | 0.11% | 0.00% | 0.00% |
URA Global X Uranium ETF | 6.59% | 6.07% | 0.76% | 5.84% | 1.69% | 1.66% | 0.44% | 2.03% | 7.28% | 1.96% | 4.28% | 0.54% |
Drawdowns
1816.HK vs. URA - Drawdown Comparison
The maximum 1816.HK drawdown since its inception was -68.29%, smaller than the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for 1816.HK and URA. For additional features, visit the drawdowns tool.
Volatility
1816.HK vs. URA - Volatility Comparison
CGN Power (1816.HK) and Global X Uranium ETF (URA) have volatilities of 11.61% and 11.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.