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BITQ vs. URNM
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BITQ vs. URNM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Crypto Industry Innovators ETF (BITQ) and NorthShore Global Uranium Mining ETF (URNM). The values are adjusted to include any dividend payments, if applicable.

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BITQ vs. URNM - Yearly Performance Comparison


2026 (YTD)20252024202320222021
BITQ
Bitwise Crypto Industry Innovators ETF
-5.92%18.00%46.97%246.83%-83.86%-7.06%
URNM
NorthShore Global Uranium Mining ETF
16.36%40.78%-14.13%57.80%-11.86%19.01%

Returns By Period

In the year-to-date period, BITQ achieves a -5.92% return, which is significantly lower than URNM's 16.36% return.


BITQ

1D
-0.58%
1M
-8.31%
YTD
-5.92%
6M
-26.36%
1Y
47.29%
3Y*
48.40%
5Y*
10Y*

URNM

1D
1.14%
1M
-15.47%
YTD
16.36%
6M
10.70%
1Y
103.12%
3Y*
30.96%
5Y*
20.50%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BITQ vs. URNM - Expense Ratio Comparison

Both BITQ and URNM have an expense ratio of 0.85%.


Return for Risk

BITQ vs. URNM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BITQ
BITQ Risk / Return Rank: 4242
Overall Rank
BITQ Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
BITQ Sortino Ratio Rank: 5353
Sortino Ratio Rank
BITQ Omega Ratio Rank: 4040
Omega Ratio Rank
BITQ Calmar Ratio Rank: 4545
Calmar Ratio Rank
BITQ Martin Ratio Rank: 3131
Martin Ratio Rank

URNM
URNM Risk / Return Rank: 8686
Overall Rank
URNM Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
URNM Sortino Ratio Rank: 9090
Sortino Ratio Rank
URNM Omega Ratio Rank: 8080
Omega Ratio Rank
URNM Calmar Ratio Rank: 9292
Calmar Ratio Rank
URNM Martin Ratio Rank: 8181
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BITQ vs. URNM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Crypto Industry Innovators ETF (BITQ) 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.


BITQURNMDifference

Sharpe ratio

Return per unit of total volatility

0.81

2.01

-1.20

Sortino ratio

Return per unit of downside risk

1.45

2.60

-1.15

Omega ratio

Gain probability vs. loss probability

1.17

1.32

-0.15

Calmar ratio

Return relative to maximum drawdown

1.21

3.36

-2.15

Martin ratio

Return relative to average drawdown

2.74

9.26

-6.52

BITQ vs. URNM - Sharpe Ratio Comparison

The current BITQ Sharpe Ratio is 0.81, which is lower than the URNM Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of BITQ and URNM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BITQURNMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.81

2.01

-1.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.43

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.05

0.71

-0.76

Correlation

The correlation between BITQ and URNM is 0.44, 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.


Dividends

BITQ vs. URNM - Dividend Comparison

BITQ has not paid dividends to shareholders, while URNM's dividend yield for the trailing twelve months is around 2.73%.


TTM202520242023202220212020
BITQ
Bitwise Crypto Industry Innovators ETF
0.00%0.00%0.90%1.51%0.00%3.12%0.00%
URNM
NorthShore Global Uranium Mining ETF
2.73%3.18%3.18%3.63%0.00%6.70%2.57%

Drawdowns

BITQ vs. URNM - Drawdown Comparison

The maximum BITQ drawdown since its inception was -90.32%, which is greater than URNM's maximum drawdown of -50.78%. Use the drawdown chart below to compare losses from any high point for BITQ and URNM.


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Drawdown Indicators


BITQURNMDifference

Max Drawdown

Largest peak-to-trough decline

-90.32%

-50.78%

-39.54%

Max Drawdown (1Y)

Largest decline over 1 year

-44.99%

-30.79%

-14.20%

Max Drawdown (5Y)

Largest decline over 5 years

-50.78%

Current Drawdown

Current decline from peak

-42.16%

-23.96%

-18.20%

Average Drawdown

Average peak-to-trough decline

-53.86%

-17.89%

-35.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

19.87%

11.19%

+8.68%

Volatility

BITQ vs. URNM - Volatility Comparison

Bitwise Crypto Industry Innovators ETF (BITQ) and NorthShore Global Uranium Mining ETF (URNM) have volatilities of 17.63% and 17.16%, 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.


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Volatility by Period


BITQURNMDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.63%

17.16%

+0.47%

Volatility (6M)

Calculated over the trailing 6-month period

45.99%

40.48%

+5.51%

Volatility (1Y)

Calculated over the trailing 1-year period

58.97%

51.55%

+7.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

67.77%

47.95%

+19.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

67.77%

46.74%

+21.03%