HURA.TO vs. U-UN.TO

Last updated Jun 4, 2026

HURA.TO (Global X Uranium Index ETF) and U-UN.TO (Sprott Physical Uranium Trust Fund) are both funds - HURA.TO is a Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index, while U-UN.TO is a Gold fund actively managed by Sprott. HURA.TO is passively managed, while U-UN.TO is actively managed. Over the past 5 years, HURA.TO returned 24.85%/yr vs 35.74%/yr for U-UN.TO. A 0.55 correlation means they provide meaningful diversification when combined. HURA.TO charges 0.98%/yr vs 0.60%/yr for U-UN.TO.

Performance

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

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Uranium Index ETF (HURA.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, HURA.TO achieves a 14.10% return, which is significantly higher than U-UN.TO's 1.68% return.

HURA.TO

• 1D: -3.64%
• 1M: -4.79%
• YTD: 14.10%
• 6M: 7.34%
• 1Y: 58.90%
• 3Y*: 36.71%
• 5Y*: 24.85%
• 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)

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HURA.TO Global X Uranium Index ETF	14.10%	43.18%	3.05%	61.03%	-4.56%	71.05%	65.97%	-16.96%
U-UN.TO Sprott Physical Uranium Trust Fund	1.68%	7.92%	-12.03%	78.52%	14.05%	182.69%	20.34%	-2.39%

Correlation

The correlation between HURA.TO and U-UN.TO is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since May 17, 2019	0.55

The correlation between HURA.TO and U-UN.TO has been stable across timeframes, ranging from 0.55 to 0.63 - a consistent structural relationship.

Return for Risk

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

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

HURA.TO

HURA.TO Risk / Return Rank: 33
HURA.TO Sharpe Ratio Rank: 34
HURA.TO Sortino Ratio Rank: 35
HURA.TO Omega Ratio Rank: 32
HURA.TO Calmar Ratio Rank: 39
HURA.TO Martin Ratio Rank: 27

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.

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

This table presents a comparison of risk-adjusted performance metrics for Global X Uranium Index ETF (HURA.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.

	HURA.TO	U-UN.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.25	0.66	+0.59
Sortino ratio: Return per unit of downside risk	1.90	1.12	+0.78
Omega ratio: Gain probability vs. loss probability	1.22	1.14	+0.08
Calmar ratio: Return relative to maximum drawdown	1.93	1.03	+0.90
Martin ratio: Return relative to average drawdown	3.87	2.13	+1.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current HURA.TO Sharpe Ratio is 1.25, which is higher than the U-UN.TO Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of HURA.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

	HURA.TO	U-UN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	0.66	+0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.55	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.19	+0.57

Drawdowns

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

The maximum HURA.TO drawdown since its inception was -43.51%, smaller than the maximum U-UN.TO drawdown of -83.06%. Use the drawdown chart below to compare losses from any high point for HURA.TO and U-UN.TO.

Drawdown Indicators

	HURA.TO	U-UN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-43.51%	-83.06%	+39.55%
Max Drawdown (1Y) Largest decline over 1 year	-30.61%	-21.81%	-8.80%
Max Drawdown (3Y) Largest decline over 3 years	-42.97%	-45.84%	+2.87%
Max Drawdown (5Y) Largest decline over 5 years	-42.97%	-45.84%	+2.87%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.84%	—
Current Drawdown Current decline from peak	-20.74%	-19.27%	-1.47%
Average Drawdown Average peak-to-trough decline	-14.47%	-51.87%	+37.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.25%	10.52%	+4.73%

Volatility

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

Global X Uranium Index ETF (HURA.TO) has a higher volatility of 13.83% compared to Sprott Physical Uranium Trust Fund (U-UN.TO) at 7.68%. This indicates that HURA.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

	HURA.TO	U-UN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.83%	7.68%	+6.15%
Volatility (6M) Calculated over the trailing 6-month period	33.13%	24.47%	+8.66%
Volatility (1Y) Calculated over the trailing 1-year period	47.52%	34.17%	+13.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.20%	66.21%	-26.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.82%	50.81%	-11.99%

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

HURA.TO has a 0.98% expense ratio, which is higher than U-UN.TO's 0.60% expense ratio.

Dividends

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

HURA.TO's dividend yield for the trailing twelve months is around 0.08%, while U-UN.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HURA.TO Global X Uranium Index ETF	0.08%	0.09%	0.75%	1.03%	1.46%	1.26%	0.63%	0.82%
U-UN.TO Sprott Physical Uranium Trust Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

HURA.TO and U-UN.TO have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.