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HUC.TO vs. URA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HUC.TO vs. URA

Last updated Jun 5, 2026

HUC.TO (Global X Crude Oil ETF) and URA (Global X Uranium ETF) are both exchange-traded funds - HUC.TO is a Commodities fund tracking the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER, while URA is a Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index. Both are passively managed. Over the past 10 years, HUC.TO returned 8.13%/yr vs 17.62%/yr for URA. At a 0.21 correlation, their price movements are largely independent. HUC.TO charges 1.09%/yr vs 0.69%/yr for URA.

Performance

HUC.TO vs. URA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Crude Oil ETF (HUC.TO) and Global X Uranium ETF (URA). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

HUC.TO is traded in CAD, while URA is traded in USD. To make them comparable, the URA values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HUC.TO achieves a 42.05% return, which is significantly higher than URA's 19.29% return. Over the past 10 years, HUC.TO has underperformed URA with an annualized return of 8.13%, while URA has yielded a comparatively higher 17.62% annualized return.

HUC.TO

1D
-2.03%
1M
-1.85%
YTD
42.05%
6M
37.99%
1Y
37.42%
3Y*
11.54%
5Y*
12.86%
10Y*
8.13%

URA

1D
-0.12%
1M
-5.25%
YTD
19.29%
6M
6.71%
1Y
61.96%
3Y*
40.07%
5Y*
24.83%
10Y*
17.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HUC.TO vs. URA - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HUC.TO
Global X Crude Oil ETF		42.05%-13.63%7.23%-2.89%26.25%57.81%-21.10%19.75%-11.68%-3.47%
URA
Global X Uranium ETF		19.29%59.51%7.96%43.02%-5.00%56.15%38.94%-8.28%-15.50%11.76%

Correlation

The correlation between HUC.TO and URA is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.06

Correlation (3Y)
Calculated over the trailing 3-year period

0.05

Correlation (5Y)
Calculated over the trailing 5-year period

0.15

Correlation (10Y)
Calculated over the trailing 10-year period

0.17

Correlation (All Time)
Calculated using the full available price history since Nov 8, 2010

0.21

The correlation between HUC.TO and URA shifts across timeframes, from -0.06 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

HUC.TO vs. URA - Sectors Allocation Comparison

Sectors
HUC.TO
URA

Real Estate

18.4%

-

Basic Materials

-

5.0%

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

57.0%

Financial Services

-

-

Healthcare

-

-

Industrials

-

21.9%

Technology

-

0.9%

Utilities

-

9.4%

Real Estate

HUC.TO
18.4%
URA

-

Basic Materials

HUC.TO

-

URA
5.0%

Communication Services

HUC.TO

-

URA

-

Consumer Cyclical

HUC.TO

-

URA

-

Consumer Defensive

HUC.TO

-

URA

-

Energy

HUC.TO

-

URA
57.0%

Financial Services

HUC.TO

-

URA

-

Healthcare

HUC.TO

-

URA

-

Industrials

HUC.TO

-

URA
21.9%

Technology

HUC.TO

-

URA
0.9%

Utilities

HUC.TO

-

URA
9.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Crude Oil ETF

Global X Uranium ETF

Often compared with HUC.TO:
HUC.TO vs. HXS.TOHUC.TO vs. HUN.TOHUC.TO vs. XBM.TOHUC.TO vs. CCOM.TOHUC.TO vs. ZCOM.NEOHUC.TO vs. COW.TOHUC.TO vs. PPA
Often compared with URA:
URA vs. NLRURA vs. URNMURA vs. NUKZURA vs. CCJURA vs. UUUUURA vs. URANURA vs. U-U.TO

Return for Risk

HUC.TO vs. URA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HUC.TO
HUC.TO Risk / Return Rank: 4141
Overall Rank
HUC.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
HUC.TO Sortino Ratio Rank: 3939
Sortino Ratio Rank
HUC.TO Omega Ratio Rank: 4343
Omega Ratio Rank
HUC.TO Calmar Ratio Rank: 4747
Calmar Ratio Rank
HUC.TO Martin Ratio Rank: 3232
Martin Ratio Rank
URA
URA Risk / Return Rank: 3535
Overall Rank
URA Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
URA Sortino Ratio Rank: 3636
Sortino Ratio Rank
URA Omega Ratio Rank: 3232
Omega Ratio Rank
URA Calmar Ratio Rank: 4343
Calmar Ratio Rank
URA Martin Ratio Rank: 3131
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.

HUC.TO vs. URA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Crude Oil ETF (HUC.TO) and Global X Uranium ETF (URA). 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.

HUC.TOURADifference
Sharpe ratioReturn per unit of total volatility
1.48
1.27

+0.21

Sortino ratioReturn per unit of downside risk
1.97
1.91

+0.06

Omega ratioGain probability vs. loss probability

1.27

1.22

+0.05

Calmar ratioReturn relative to maximum drawdown

2.32

2.21

+0.11

Martin ratioReturn relative to average drawdown

4.59

4.70

-0.12

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUC.TO vs. URA - Sharpe Ratio Comparison

The current HUC.TO Sharpe Ratio is 1.48, which is comparable to the URA Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of HUC.TO and URA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

HUC.TOURADifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.48

1.27

+0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.61

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

0.50

-0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.13

0.01

+0.12

Drawdowns

HUC.TO vs. URA - Drawdown Comparison

The maximum HUC.TO drawdown since its inception was -76.99%, smaller than the maximum URA drawdown of -90.50%. Use the drawdown chart below to compare losses from any high point for HUC.TO and URA.

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Drawdown Indicators

HUC.TOURADifference

Max Drawdown

Largest peak-to-trough decline

-76.99%

-90.50%

+13.51%

Max Drawdown (1Y)

Largest decline over 1 year

-16.20%

-28.13%

+11.93%

Max Drawdown (3Y)

Largest decline over 3 years

-23.83%

-35.85%

+12.02%

Max Drawdown (5Y)

Largest decline over 5 years

-30.83%

-35.85%

+5.02%

Max Drawdown (10Y)

Largest decline over 10 years

-61.56%

-57.17%

-4.39%

Current Drawdown

Current decline from peak

-4.77%

-19.66%

+14.89%

Average Drawdown

Average peak-to-trough decline

-34.60%

-69.54%

+34.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.18%

13.21%

-5.03%

Volatility

HUC.TO vs. URA - Volatility Comparison

The current volatility for Global X Crude Oil ETF (HUC.TO) is 11.36%, while Global X Uranium ETF (URA) has a volatility of 15.66%. This indicates that HUC.TO experiences smaller price fluctuations and is considered to be less risky than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HUC.TOURADifference

Volatility (1M)

Calculated over the trailing 1-month period

11.36%

15.66%

-4.30%

Volatility (6M)

Calculated over the trailing 6-month period

21.24%

37.30%

-16.06%

Volatility (1Y)

Calculated over the trailing 1-year period

25.42%

48.99%

-23.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.87%

41.18%

-13.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.04%

35.38%

-6.34%

HUC.TO vs. URA - Expense Ratio Comparison

HUC.TO has a 1.09% expense ratio, which is higher than URA's 0.69% expense ratio.

Dividends

HUC.TO vs. URA - Dividend Comparison

HUC.TO has not paid dividends to shareholders, while URA's dividend yield for the trailing twelve months is around 4.15%.

PositionTTM20252024202320222021202020192018201720162015
HUC.TO
Global X Crude Oil ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
URA
Global X Uranium ETF		4.15%4.88%2.86%6.07%0.76%5.84%1.69%1.66%0.44%2.03%7.28%1.96%

Frequently Asked Questions

HUC.TO and URA have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, URA is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

URA is cheaper with a 0.69% expense ratio, compared with 1.09% for HUC.TO.

HUC.TO is categorized as Commodities, while URA is Commodity Producers Equities. HUC.TO tracks Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER, while URA tracks Solactive Global Uranium & Nuclear Components Total Return Index. Their fees differ too: 1.09% for HUC.TO and 0.69% for URA.

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