FXZ vs. URNM
Compare and contrast key facts about First Trust Materials AlphaDEX Fund (FXZ) and NorthShore Global Uranium Mining ETF (URNM).
FXZ and URNM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXZ is a passively managed fund by First Trust that tracks the performance of the StrataQuant Materials Index. It was launched on May 8, 2007. 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. Both FXZ and URNM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FXZ or URNM.
Key characteristics
| FXZ | URNM | |
|---|---|---|
| YTD Return | -3.81% | -4.89% |
| 1Y Return | 10.62% | 4.36% |
| 3Y Return (Ann) | 2.88% | 0.55% |
| Sharpe Ratio | 0.62 | 0.14 |
| Sortino Ratio | 0.98 | 0.50 |
| Omega Ratio | 1.12 | 1.06 |
| Calmar Ratio | 0.69 | 0.15 |
| Martin Ratio | 1.71 | 0.33 |
| Ulcer Index | 6.83% | 16.67% |
| Daily Std Dev | 18.94% | 40.26% |
| Max Drawdown | -65.46% | -42.55% |
| Current Drawdown | -8.18% | -21.94% |
Correlation
The correlation between FXZ and URNM is 0.49, 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
FXZ vs. URNM - Performance Comparison
In the year-to-date period, FXZ achieves a -3.81% return, which is significantly higher than URNM's -4.89% 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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FXZ vs. URNM - Expense Ratio Comparison
FXZ has a 0.67% expense ratio, which is lower than URNM's 0.85% expense ratio.
Risk-Adjusted Performance
FXZ vs. URNM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Materials AlphaDEX Fund (FXZ) 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
FXZ vs. URNM - Dividend Comparison
FXZ's dividend yield for the trailing twelve months is around 1.52%, less than URNM's 3.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXZ First Trust Materials AlphaDEX Fund | 1.52% | 1.97% | 1.56% | 1.11% | 1.51% | 1.58% | 1.38% | 1.01% | 1.19% | 1.26% | 1.73% | 0.90% |
URNM NorthShore Global Uranium Mining ETF | 3.81% | 3.63% | 0.00% | 6.70% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FXZ vs. URNM - Drawdown Comparison
The maximum FXZ drawdown since its inception was -65.46%, which is greater than URNM's maximum drawdown of -42.55%. Use the drawdown chart below to compare losses from any high point for FXZ and URNM. For additional features, visit the drawdowns tool.
Volatility
FXZ vs. URNM - Volatility Comparison
The current volatility for First Trust Materials AlphaDEX Fund (FXZ) is 5.50%, while NorthShore Global Uranium Mining ETF (URNM) has a volatility of 10.12%. This indicates that FXZ 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.