IH2O.L vs. SRUUF
IH2O.L (iShares Global Water UCITS ETF) and SRUUF (Sprott Physical Uranium Trust Fund) are both funds - IH2O.L is a Water Equities fund tracking the S&P Global Water TR, while SRUUF is a Commodities fund actively managed by Sprott. IH2O.L is passively managed, while SRUUF is actively managed. Over the past 3 years, IH2O.L returned 5.78%/yr vs 9.29%/yr for SRUUF. At a 0.12 correlation, their price movements are largely independent. IH2O.L charges 0.65%/yr vs 0.70%/yr for SRUUF.
Performance
IH2O.L vs. SRUUF - Performance Comparison
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Different Trading Currencies
IH2O.L is traded in GBp, while SRUUF is traded in USD. To make them comparable, the SRUUF values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IH2O.L achieves a -1.27% return, which is significantly higher than SRUUF's -4.28% return.
IH2O.L
- 1D
- 1.15%
- 1M
- -0.91%
- YTD
- -1.27%
- 6M
- -1.32%
- 1Y
- 4.55%
- 3Y*
- 5.78%
- 5Y*
- 5.22%
- 10Y*
- 10.09%
SRUUF
- 1D
- -0.40%
- 1M
- -6.57%
- YTD
- -4.28%
- 6M
- 3.03%
- 1Y
- 10.81%
- 3Y*
- 9.29%
- 5Y*
- —
- 10Y*
- —
IH2O.L vs. SRUUF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IH2O.L iShares Global Water UCITS ETF | -1.27% | 9.75% | 6.03% | 7.33% | -11.32% | 12.74% |
SRUUF Sprott Physical Uranium Trust Fund | -4.28% | 4.64% | -17.48% | 72.99% | 20.44% | 19.24% |
Correlation
The correlation between IH2O.L and SRUUF is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2021 | 0.12 |
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Return for Risk
IH2O.L vs. SRUUF — Risk / Return Rank
IH2O.L
SRUUF
IH2O.L vs. SRUUF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Water UCITS ETF (IH2O.L) and Sprott Physical Uranium Trust Fund (SRUUF). 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.
| IH2O.L | SRUUF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.08 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 0.49 | -0.11 |
| Martin ratioReturn relative to average drawdown | 0.97 | 0.99 | -0.01 |
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Drawdowns
IH2O.L vs. SRUUF - Drawdown Comparison
The maximum IH2O.L drawdown since its inception was -67.32%, which is greater than SRUUF's maximum drawdown of -49.06%. Use the drawdown chart below to compare losses from any high point for IH2O.L and SRUUF.
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Drawdown Indicators
| IH2O.L | SRUUF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.32% | -49.06% | -18.26% |
Max Drawdown (1Y)Largest decline over 1 year | -10.50% | -20.89% | +10.39% |
Max Drawdown (3Y)Largest decline over 3 years | -13.96% | -49.06% | +35.10% |
Max Drawdown (5Y)Largest decline over 5 years | -23.19% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.16% | — | — |
Current DrawdownCurrent decline from peak | -8.77% | -30.29% | +21.52% |
Average DrawdownAverage peak-to-trough decline | -20.55% | -21.34% | +0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 10.42% | -6.27% |
Volatility
IH2O.L vs. SRUUF - Volatility Comparison
The current volatility for iShares Global Water UCITS ETF (IH2O.L) is 3.90%, while Sprott Physical Uranium Trust Fund (SRUUF) has a volatility of 6.26%. This indicates that IH2O.L experiences smaller price fluctuations and is considered to be less risky than SRUUF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IH2O.L | SRUUF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | 6.26% | -2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 23.93% | -13.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.36% | 33.75% | -21.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.99% | 40.64% | -26.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.93% | 40.64% | -25.71% |
IH2O.L vs. SRUUF - Expense Ratio Comparison
IH2O.L has a 0.65% expense ratio, which is lower than SRUUF's 0.70% expense ratio.
Dividends
IH2O.L vs. SRUUF - Dividend Comparison
IH2O.L's dividend yield for the trailing twelve months is around 1.43%, while SRUUF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IH2O.L iShares Global Water UCITS ETF | 1.43% | 1.35% | 1.05% | 1.21% | 1.11% | 1.67% | 1.00% | 1.43% | 1.77% | 1.52% | 1.62% | 1.61% |
SRUUF Sprott Physical Uranium Trust Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IH2O.L and SRUUF have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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