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.
Key characteristics
| AM | URNM | |
|---|---|---|
| YTD Return | 29.23% | -4.85% |
| 1Y Return | 26.41% | 5.63% |
| 3Y Return (Ann) | 21.25% | 1.90% |
| Sharpe Ratio | 1.31 | 0.20 |
| Sortino Ratio | 1.96 | 0.59 |
| Omega Ratio | 1.24 | 1.07 |
| Calmar Ratio | 2.33 | 0.22 |
| Martin Ratio | 6.20 | 0.49 |
| Ulcer Index | 4.16% | 16.51% |
| Daily Std Dev | 19.77% | 40.08% |
| Max Drawdown | -89.37% | -42.55% |
| Current Drawdown | -2.48% | -21.90% |
Correlation
The correlation between AM and URNM is 0.39, 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
AM vs. URNM - Performance Comparison
In the year-to-date period, AM achieves a 29.23% return, which is significantly higher than URNM's -4.85% 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
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 5.93%, more than URNM's 3.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
AM Antero Midstream Corporation | 5.93% | 7.18% | 8.34% | 10.15% | 15.98% | 14.27% | 4.04% | 0.44% |
URNM NorthShore Global Uranium Mining ETF | 3.81% | 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 -42.55%. 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 7.01%, while NorthShore Global Uranium Mining ETF (URNM) has a volatility of 9.15%. 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.