HLIT.TO vs. U-UN.TO

Last updated Jun 4, 2026

HLIT.TO (Global X Lithium Producers Index ETF) and U-UN.TO (Sprott Physical Uranium Trust Fund) are both funds - HLIT.TO is a Commodity Producers Equities fund tracking the Solactive Global Lithium Producers Index, while U-UN.TO is a Gold fund actively managed by Sprott. HLIT.TO is passively managed, while U-UN.TO is actively managed. Over the past 3 years, HLIT.TO returned -8.89%/yr vs 15.97%/yr for U-UN.TO. At a 0.25 correlation, their price movements are largely independent. HLIT.TO charges 0.89%/yr vs 0.60%/yr for U-UN.TO.

Performance

HLIT.TO vs. U-UN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Lithium Producers Index ETF (HLIT.TO) and Sprott Physical Uranium Trust Fund (U-UN.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HLIT.TO achieves a 25.27% return, which is significantly higher than U-UN.TO's 1.68% return.

HLIT.TO

• 1D: -2.47%
• 1M: -5.96%
• YTD: 25.27%
• 6M: 34.39%
• 1Y: 134.51%
• 3Y*: -8.89%
• 5Y*: —
• 10Y*: —

U-UN.TO

• 1D: -2.26%
• 1M: -1.20%
• YTD: 1.68%
• 6M: 8.17%
• 1Y: 22.39%
• 3Y*: 15.97%
• 5Y*: 35.74%
• 10Y*: 20.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HLIT.TO vs. U-UN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HLIT.TO Global X Lithium Producers Index ETF	25.27%	42.90%	-43.73%	-17.02%	-5.87%	46.00%
U-UN.TO Sprott Physical Uranium Trust Fund	1.68%	7.92%	-12.03%	78.52%	14.05%	153.75%

Correlation

The correlation between HLIT.TO and U-UN.TO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jun 23, 2021	0.25

Return for Risk

HLIT.TO vs. U-UN.TO — Risk / Return Rank

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

HLIT.TO

HLIT.TO Risk / Return Rank: 87
HLIT.TO Sharpe Ratio Rank: 94
HLIT.TO Sortino Ratio Rank: 84
HLIT.TO Omega Ratio Rank: 79
HLIT.TO Calmar Ratio Rank: 90
HLIT.TO Martin Ratio Rank: 89

U-UN.TO

U-UN.TO Risk / Return Rank: 9
U-UN.TO Sharpe Ratio Rank: 8
U-UN.TO Sortino Ratio Rank: 9
U-UN.TO Omega Ratio Rank: 9
U-UN.TO Calmar Ratio Rank: 11
U-UN.TO Martin Ratio Rank: 7

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.

HLIT.TO vs. U-UN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Lithium Producers Index ETF (HLIT.TO) and Sprott Physical Uranium Trust Fund (U-UN.TO). 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.

	HLIT.TO	U-UN.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.55	0.66	+2.89
Sortino ratio: Return per unit of downside risk	3.79	1.12	+2.66
Omega ratio: Gain probability vs. loss probability	1.47	1.14	+0.34
Calmar ratio: Return relative to maximum drawdown	5.70	1.03	+4.67
Martin ratio: Return relative to average drawdown	20.16	2.13	+18.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HLIT.TO vs. U-UN.TO - Sharpe Ratio Comparison

The current HLIT.TO Sharpe Ratio is 3.55, which is higher than the U-UN.TO Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of HLIT.TO and U-UN.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HLIT.TO	U-UN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.55	0.66	+2.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.55	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.19	-0.11

Drawdowns

HLIT.TO vs. U-UN.TO - Drawdown Comparison

The maximum HLIT.TO drawdown since its inception was -77.20%, smaller than the maximum U-UN.TO drawdown of -83.06%. Use the drawdown chart below to compare losses from any high point for HLIT.TO and U-UN.TO.

Drawdown Indicators

	HLIT.TO	U-UN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-77.20%	-83.06%	+5.86%
Max Drawdown (1Y) Largest decline over 1 year	-23.73%	-21.81%	-1.92%
Max Drawdown (3Y) Largest decline over 3 years	-74.44%	-45.84%	-28.60%
Max Drawdown (5Y) Largest decline over 5 years	—	-45.84%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.84%	—
Current Drawdown Current decline from peak	-38.85%	-19.27%	-19.58%
Average Drawdown Average peak-to-trough decline	-37.70%	-51.87%	+14.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.70%	10.52%	-3.82%

Volatility

HLIT.TO vs. U-UN.TO - Volatility Comparison

Global X Lithium Producers Index ETF (HLIT.TO) has a higher volatility of 8.90% compared to Sprott Physical Uranium Trust Fund (U-UN.TO) at 7.68%. This indicates that HLIT.TO's price experiences larger fluctuations and is considered to be riskier than U-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HLIT.TO	U-UN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.90%	7.68%	+1.22%
Volatility (6M) Calculated over the trailing 6-month period	27.73%	24.47%	+3.26%
Volatility (1Y) Calculated over the trailing 1-year period	38.13%	34.17%	+3.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.56%	66.21%	-27.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.56%	50.81%	-12.25%

HLIT.TO vs. U-UN.TO - Expense Ratio Comparison

HLIT.TO has a 0.89% expense ratio, which is higher than U-UN.TO's 0.60% expense ratio.

Dividends

HLIT.TO vs. U-UN.TO - Dividend Comparison

HLIT.TO's dividend yield for the trailing twelve months is around 0.09%, while U-UN.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
HLIT.TO Global X Lithium Producers Index ETF	0.09%	0.12%	2.24%	2.58%	1.88%
U-UN.TO Sprott Physical Uranium Trust Fund	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HLIT.TO and U-UN.TO in my portfolio?

HLIT.TO and U-UN.TO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.