AA vs. URA
AA (Alcoa Corporation) is a stock, while URA (Global X Uranium ETF) is Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index. Over the past 5 years, AA returned 14.08%/yr vs 18.77%/yr for URA. At a 0.43 correlation, their price movements are largely independent.
Performance
AA vs. URA - Performance Comparison
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Returns By Period
In the year-to-date period, AA achieves a 29.83% return, which is significantly higher than URA's 6.53% return.
AA
- 1D
- -0.30%
- 1M
- 0.64%
- YTD
- 29.83%
- 6M
- 49.53%
- 1Y
- 140.52%
- 3Y*
- 24.73%
- 5Y*
- 14.08%
- 10Y*
- —
URA
- 1D
- 1.54%
- 1M
- -14.61%
- YTD
- 6.53%
- 6M
- 3.57%
- 1Y
- 32.44%
- 3Y*
- 32.17%
- 5Y*
- 18.77%
- 10Y*
- 15.90%
AA vs. URA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 29.83% | 42.46% | 12.43% | -24.33% | -23.12% | 159.05% | 7.16% | -19.07% | -50.66% | 91.84% |
URA Global X Uranium ETF | 6.53% | 67.18% | -0.58% | 46.25% | -11.32% | 57.57% | 41.33% | -3.54% | -22.11% | 19.36% |
Correlation
The correlation between AA and URA is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2016 | 0.43 |
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Return for Risk
AA vs. URA — Risk / Return Rank
AA
URA
AA vs. URA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alcoa Corporation (AA) 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.
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.
| AA | URA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.14 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 6.49 | 1.04 | +5.46 |
| Martin ratioReturn relative to average drawdown | 20.55 | 2.30 | +18.25 |
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Drawdowns
AA vs. URA - Drawdown Comparison
The maximum AA drawdown since its inception was -90.90%, roughly equal to the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for AA and URA.
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Drawdown Indicators
| AA | URA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.90% | -93.54% | +2.64% |
Max Drawdown (1Y)Largest decline over 1 year | -21.77% | -31.48% | +9.71% |
Max Drawdown (3Y)Largest decline over 3 years | -52.25% | -37.81% | -14.44% |
Max Drawdown (5Y)Largest decline over 5 years | -75.46% | -37.90% | -37.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.45% | — |
Current DrawdownCurrent decline from peak | -24.27% | -48.34% | +24.07% |
Average DrawdownAverage peak-to-trough decline | -46.12% | -74.94% | +28.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.87% | 14.12% | -7.25% |
Volatility
AA vs. URA - Volatility Comparison
Alcoa Corporation (AA) has a higher volatility of 21.35% compared to Global X Uranium ETF (URA) at 17.69%. This indicates that AA's price experiences larger fluctuations and is considered to be riskier than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AA | URA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.35% | 17.69% | +3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 41.11% | 39.95% | +1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.44% | 51.24% | +3.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.26% | 43.96% | +12.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.66% | 37.91% | +17.75% |
Dividends
AA vs. URA - Dividend Comparison
AA's dividend yield for the trailing twelve months is around 0.58%, less than URA's 4.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 0.58% | 0.75% | 1.06% | 1.18% | 0.88% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.00% |
URA Global X Uranium ETF | 4.58% | 4.88% | 2.86% | 6.07% | 0.76% | 5.84% | 1.69% | 1.66% | 0.44% | 2.03% | 7.28% | 1.96% |
Frequently Asked Questions
AA and URA have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AA has higher volatility (21.35%) compared to URA (17.69%). In terms of maximum drawdown, AA dropped -90.90% vs URA's -93.54%.
AA currently has the higher Sharpe Ratio (2.60 vs 0.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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