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INOD vs. URNM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

INOD vs. URNM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innodata Inc. (INOD) and Sprott Uranium Miners ETF (URNM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, INOD achieves a 98.04% return, which is significantly higher than URNM's -0.56% return.


INOD

1D
-4.23%
1M
12.17%
YTD
98.04%
6M
92.56%
1Y
137.86%
3Y*
114.32%
5Y*
69.37%
10Y*
45.64%

URNM

1D
0.53%
1M
-14.56%
YTD
-0.56%
6M
-0.53%
1Y
31.54%
3Y*
20.14%
5Y*
12.61%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

INOD vs. URNM - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
INOD
Innodata Inc.
98.04%28.92%385.50%174.54%-49.92%11.70%364.91%-11.63%
URNM
Sprott Uranium Miners ETF
-0.56%40.78%-14.13%57.80%-11.86%78.32%68.36%4.05%

Correlation

The correlation between INOD and URNM is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.30

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

0.24

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

0.26

Correlation (All Time)
Calculated using the full available price history since Dec 4, 2019

0.24

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Return for Risk

INOD vs. URNM — Risk / Return Rank

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

INOD
INOD Risk / Return Rank: 7979
Overall Rank
INOD Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
INOD Sortino Ratio Rank: 8686
Sortino Ratio Rank
INOD Omega Ratio Rank: 8383
Omega Ratio Rank
INOD Calmar Ratio Rank: 7878
Calmar Ratio Rank
INOD Martin Ratio Rank: 7373
Martin Ratio Rank

URNM
URNM Risk / Return Rank: 2222
Overall Rank
URNM Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
URNM Sortino Ratio Rank: 2424
Sortino Ratio Rank
URNM Omega Ratio Rank: 2323
Omega Ratio Rank
URNM Calmar Ratio Rank: 2121
Calmar Ratio Rank
URNM Martin Ratio Rank: 2020
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.

INOD vs. URNM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innodata Inc. (INOD) and Sprott Uranium Miners 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.

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.


INODURNMDifference
Sharpe ratioReturn per unit of total volatility

+0.53

Sortino ratioReturn per unit of downside risk

+1.46

Omega ratioGain probability vs. loss probability

1.31

1.14

+0.18

Calmar ratioReturn relative to maximum drawdown

2.20

0.82

+1.38

Martin ratioReturn relative to average drawdown

3.97

2.00

+1.97

INOD vs. URNM - Sharpe Ratio Comparison

The current INOD Sharpe Ratio is 1.14, which is higher than the URNM Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of INOD and URNM, 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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Drawdowns

INOD vs. URNM - Drawdown Comparison

The maximum INOD drawdown since its inception was -95.47%, which is greater than URNM's maximum drawdown of -50.78%. Use the drawdown chart below to compare losses from any high point for INOD and URNM.


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Drawdown Indicators


INODURNMDifference

Max Drawdown

Largest peak-to-trough decline

-95.47%

-50.78%

-44.69%

Max Drawdown (1Y)

Largest decline over 1 year

-63.03%

-38.72%

-24.31%

Max Drawdown (3Y)

Largest decline over 3 years

-63.03%

-50.78%

-12.25%

Max Drawdown (5Y)

Largest decline over 5 years

-74.44%

-50.78%

-23.66%

Max Drawdown (10Y)

Largest decline over 10 years

-74.44%

Current Drawdown

Current decline from peak

-16.95%

-35.02%

+18.07%

Average Drawdown

Average peak-to-trough decline

-60.07%

-18.09%

-41.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

34.83%

15.78%

+19.05%

Volatility

INOD vs. URNM - Volatility Comparison

Innodata Inc. (INOD) has a higher volatility of 32.31% compared to Sprott Uranium Miners ETF (URNM) at 17.40%. This indicates that INOD's price experiences larger fluctuations and is considered to be riskier than URNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


INODURNMDifference

Volatility (1M)

Calculated over the trailing 1-month period

32.31%

17.40%

+14.91%

Volatility (6M)

Calculated over the trailing 6-month period

89.40%

41.84%

+47.56%

Volatility (1Y)

Calculated over the trailing 1-year period

122.08%

52.48%

+69.60%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

106.74%

48.58%

+58.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

89.36%

47.04%

+42.32%

Dividends

INOD vs. URNM - Dividend Comparison

INOD has not paid dividends to shareholders, while URNM's dividend yield for the trailing twelve months is around 3.19%.


PositionTTM202520242023202220212020
INOD
Innodata Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%
URNM
Sprott Uranium Miners ETF
3.19%3.18%3.18%3.63%0.00%6.70%2.57%

Frequently Asked Questions


INOD and URNM have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

INOD has higher volatility (32.31%) compared to URNM (17.40%). In terms of maximum drawdown, INOD dropped -95.47% vs URNM's -50.78%.

INOD currently has the higher Sharpe Ratio (1.14 vs 0.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for INOD and URNM

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