AUD=X vs. UROY
Compare and contrast key facts about USD/AUD (AUD=X) and Uranium Royalty Corp (UROY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUD=X or UROY.
Key characteristics
| AUD=X | UROY | |
|---|---|---|
| YTD Return | 3.42% | 0.74% |
| 1Y Return | -3.34% | 0.74% |
| 3Y Return (Ann) | 3.39% | -21.91% |
| Sharpe Ratio | 0.02 | 0.03 |
| Sortino Ratio | 0.09 | 0.48 |
| Omega Ratio | 1.01 | 1.05 |
| Calmar Ratio | 0.01 | 0.02 |
| Martin Ratio | 0.05 | 0.05 |
| Ulcer Index | 3.56% | 29.14% |
| Daily Std Dev | 7.86% | 56.86% |
| Max Drawdown | -56.54% | -68.17% |
| Current Drawdown | -27.23% | -52.94% |
Correlation
The correlation between AUD=X and UROY is 0.03, 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
AUD=X vs. UROY - Performance Comparison
In the year-to-date period, AUD=X achieves a 3.42% return, which is significantly higher than UROY's 0.74% 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
AUD=X vs. UROY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/AUD (AUD=X) and Uranium Royalty Corp (UROY). 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.
Drawdowns
AUD=X vs. UROY - Drawdown Comparison
The maximum AUD=X drawdown since its inception was -56.54%, smaller than the maximum UROY drawdown of -68.17%. Use the drawdown chart below to compare losses from any high point for AUD=X and UROY. For additional features, visit the drawdowns tool.
Volatility
AUD=X vs. UROY - Volatility Comparison
The current volatility for USD/AUD (AUD=X) is 0.28%, while Uranium Royalty Corp (UROY) has a volatility of 14.31%. This indicates that AUD=X experiences smaller price fluctuations and is considered to be less risky than UROY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.