AM vs. URNM
Compare and contrast key facts about Antero Midstream Corporation (AM) and NorthShore Global Uranium Mining ETF (URNM).
URNM is a passively managed fund by Exchange Traded Concepts that tracks the performance of the North Shore Global Uranium Mining Index. It was launched on Dec 3, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AM or URNM.
Correlation
The correlation between AM and URNM is 0.41, 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.
Performance
AM vs. URNM - Performance Comparison
Key characteristics
AM:
1.12
URNM:
-0.74
AM:
1.56
URNM:
-0.93
AM:
1.21
URNM:
0.89
AM:
2.03
URNM:
-0.60
AM:
6.87
URNM:
-1.14
AM:
4.12%
URNM:
26.93%
AM:
25.25%
URNM:
41.59%
AM:
-89.37%
URNM:
-50.78%
AM:
-7.31%
URNM:
-40.60%
Returns By Period
In the year-to-date period, AM achieves a 15.02% return, which is significantly higher than URNM's -15.73% return.
AM
15.02%
-4.94%
15.64%
25.69%
43.69%
N/A
URNM
-15.73%
-1.11%
-29.35%
-30.18%
23.33%
N/A
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Risk-Adjusted Performance
AM vs. URNM — Risk-Adjusted Performance Rank
AM
URNM
AM vs. URNM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Antero Midstream Corporation (AM) and NorthShore Global Uranium Mining ETF (URNM). 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
AM vs. URNM - Dividend Comparison
AM's dividend yield for the trailing twelve months is around 5.33%, more than URNM's 3.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
AM Antero Midstream Corporation | 5.33% | 5.96% | 7.18% | 8.34% | 10.15% | 15.95% | 14.25% | 4.04% | 0.44% |
URNM NorthShore Global Uranium Mining ETF | 3.77% | 3.18% | 3.63% | 0.00% | 6.70% | 2.57% | 0.00% | 0.00% | 0.00% |
Drawdowns
AM vs. URNM - Drawdown Comparison
The maximum AM drawdown since its inception was -89.37%, which is greater than URNM's maximum drawdown of -50.78%. Use the drawdown chart below to compare losses from any high point for AM and URNM. For additional features, visit the drawdowns tool.
Volatility
AM vs. URNM - Volatility Comparison
The current volatility for Antero Midstream Corporation (AM) is 12.71%, while NorthShore Global Uranium Mining ETF (URNM) has a volatility of 16.68%. This indicates that AM experiences smaller price fluctuations and is considered to be less risky than URNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.