CTEK.L vs. URND.L
CTEK.L (Global X CleanTech UCITS ETF USD (Acc)) and URND.L (Global X Uranium UCITS ETF USD Distributing) are both exchange-traded funds - CTEK.L is a Alternative Energy Equities fund tracking the Indxx Global CleanTech v2 Index, while URND.L is a Uranium fund tracking the Solactive Global Uranium & Nuclear Components. Both are passively managed. Over the past 3 years, CTEK.L returned -5.57%/yr vs 27.93%/yr for URND.L. At a 0.50 correlation, their price movements are largely independent. CTEK.L charges 0.50%/yr vs 0.65%/yr for URND.L.
Performance
CTEK.L vs. URND.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CTEK.L achieves a 11.69% return, which is significantly higher than URND.L's -5.27% return.
CTEK.L
- 1D
- -0.57%
- 1M
- -13.91%
- 6M
- 0.34%
- YTD
- 11.69%
- 1Y
- 48.73%
- 3Y*
- -5.57%
- 5Y*
- —
- 10Y*
- —
URND.L
- 1D
- -2.42%
- 1M
- -16.21%
- 6M
- -22.59%
- YTD
- -5.27%
- 1Y
- 9.07%
- 3Y*
- 27.93%
- 5Y*
- —
- 10Y*
- —
CTEK.L vs. URND.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CTEK.L Global X CleanTech UCITS ETF USD (Acc) | 11.69% | 53.41% | -33.55% | -21.76% | 1.14% |
URND.L Global X Uranium UCITS ETF USD Distributing | -5.27% | 58.56% | 3.00% | 32.59% | -5.08% |
Correlation
The correlation between CTEK.L and URND.L is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2022 | 0.50 |
The correlation between CTEK.L and URND.L shifts across timeframes, from 0.49 (3 years) to 0.69 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CTEK.L vs. URND.L — Risk / Return Rank
CTEK.L
URND.L
CTEK.L vs. URND.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X CleanTech UCITS ETF USD (Acc) (CTEK.L) and Global X Uranium UCITS ETF USD Distributing (URND.L). 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.
| CTEK.L | URND.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.07 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 0.28 | +1.64 |
| Martin ratioReturn relative to average drawdown | 5.45 | 0.59 | +4.86 |
Loading charts...
Drawdowns
CTEK.L vs. URND.L - Drawdown Comparison
The maximum CTEK.L drawdown since its inception was -73.85%, which is greater than URND.L's maximum drawdown of -39.03%. Use the drawdown chart below to compare losses from any high point for CTEK.L and URND.L.
Loading charts...
Drawdown Indicators
| CTEK.L | URND.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.85% | -39.03% | -34.82% |
Max Drawdown (1Y)Largest decline over 1 year | -26.44% | -32.00% | +5.56% |
Max Drawdown (3Y)Largest decline over 3 years | -63.73% | -39.03% | -24.70% |
Current DrawdownCurrent decline from peak | -40.61% | -31.31% | -9.30% |
Average DrawdownAverage peak-to-trough decline | -44.62% | -11.55% | -33.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.34% | 15.44% | -6.10% |
Volatility
CTEK.L vs. URND.L - Volatility Comparison
Global X CleanTech UCITS ETF USD (Acc) (CTEK.L) has a higher volatility of 13.41% compared to Global X Uranium UCITS ETF USD Distributing (URND.L) at 10.52%. This indicates that CTEK.L's price experiences larger fluctuations and is considered to be riskier than URND.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CTEK.L | URND.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.41% | 10.52% | +2.89% |
Volatility (6M)Calculated over the trailing 6-month period | 28.55% | 34.40% | -5.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.49% | 50.28% | -11.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.95% | 39.74% | -2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.95% | 39.74% | -2.79% |
CTEK.L vs. URND.L - Expense Ratio Comparison
CTEK.L has a 0.50% expense ratio, which is lower than URND.L's 0.65% expense ratio.
Dividends
CTEK.L vs. URND.L - Dividend Comparison
CTEK.L has not paid dividends to shareholders, while URND.L's dividend yield for the trailing twelve months is around 0.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CTEK.L Global X CleanTech UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URND.L Global X Uranium UCITS ETF USD Distributing | 0.16% | 0.00% | 0.93% | 0.00% | 0.02% |
Frequently Asked Questions
CTEK.L and URND.L have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CTEK.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CTEK.L is cheaper with a 0.50% expense ratio, compared with 0.65% for URND.L.
CTEK.L is categorized as Alternative Energy Equities, while URND.L is Uranium. CTEK.L tracks Indxx Global CleanTech v2 Index, while URND.L tracks Solactive Global Uranium & Nuclear Components. Their fees differ too: 0.50% for CTEK.L and 0.65% for URND.L.
Find the right allocation for CTEK.L and URND.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer