LEU vs. URNM

Last updated Apr 1, 2026

Compare and contrast key facts about Centrus Energy Corp. (LEU) and NorthShore Global Uranium Mining ETF (URNM).

URNM is a passively managed fund by Exchange Traded Concepts that tracks the performance of the North Shore Global Uranium Mining Index. It was launched on Dec 3, 2019.

Performance

LEU vs. URNM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Centrus Energy Corp. (LEU) and NorthShore Global Uranium Mining ETF (URNM). The values are adjusted to include any dividend payments, if applicable.

LEU vs. URNM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LEU Centrus Energy Corp.	-28.49%	264.45%	22.42%	67.52%	-34.92%	115.78%	236.19%	22.86%
URNM NorthShore Global Uranium Mining ETF	15.05%	40.78%	-14.13%	57.80%	-11.86%	78.32%	68.36%	3.70%

Returns By Period

In the year-to-date period, LEU achieves a -28.49% return, which is significantly lower than URNM's 15.05% return.

LEU

• 1D: 3.01%
• 1M: -14.31%
• YTD: -28.49%
• 6M: -44.02%
• 1Y: 179.04%
• 3Y*: 75.34%
• 5Y*: 48.51%
• 10Y*: 44.32%

URNM

• 1D: 8.06%
• 1M: -12.22%
• YTD: 15.05%
• 6M: 8.04%
• 1Y: 101.26%
• 3Y*: 30.47%
• 5Y*: 20.22%
• 10Y*: —

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

Return for Risk

LEU vs. URNM — Risk / Return Rank

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

LEU

LEU Risk / Return Rank: 85
LEU Sharpe Ratio Rank: 90
LEU Sortino Ratio Rank: 86
LEU Omega Ratio Rank: 83
LEU Calmar Ratio Rank: 84
LEU Martin Ratio Rank: 80

URNM

URNM Risk / Return Rank: 88
URNM Sharpe Ratio Rank: 91
URNM Sortino Ratio Rank: 91
URNM Omega Ratio Rank: 83
URNM Calmar Ratio Rank: 93
URNM Martin Ratio Rank: 84

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.

LEU vs. URNM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Centrus Energy Corp. (LEU) and NorthShore Global Uranium Mining 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.

	LEU	URNM	Difference
Sharpe ratio Return per unit of total volatility	1.92	1.98	-0.05
Sortino ratio Return per unit of downside risk	2.46	2.57	-0.11
Omega ratio Gain probability vs. loss probability	1.30	1.31	-0.01
Calmar ratio Return relative to maximum drawdown	2.64	3.28	-0.64
Martin ratio Return relative to average drawdown	5.57	9.12	-3.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEU vs. URNM - Sharpe Ratio Comparison

The current LEU Sharpe Ratio is 1.92, which is comparable to the URNM Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of LEU and URNM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LEU	URNM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	1.98	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.42	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	0.71	-0.80

Correlation

The correlation between LEU and URNM is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LEU vs. URNM - Dividend Comparison

LEU has not paid dividends to shareholders, while URNM's dividend yield for the trailing twelve months is around 2.76%.

	TTM	2025	2024	2023	2022	2021	2020
LEU Centrus Energy Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
URNM NorthShore Global Uranium Mining ETF	2.76%	3.18%	3.18%	3.63%	0.00%	6.70%	2.57%

Drawdowns

LEU vs. URNM - Drawdown Comparison

The maximum LEU drawdown since its inception was -99.98%, which is greater than URNM's maximum drawdown of -50.78%. Use the drawdown chart below to compare losses from any high point for LEU and URNM.

Drawdown Indicators

	LEU	URNM	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-50.78%	-49.20%
Max Drawdown (1Y) Largest decline over 1 year	-61.35%	-30.79%	-30.56%
Max Drawdown (5Y) Largest decline over 5 years	-78.23%	-50.78%	-27.45%
Max Drawdown (10Y) Largest decline over 10 years	-83.84%	—	—
Current Drawdown Current decline from peak	-97.44%	-24.81%	-72.63%
Average Drawdown Average peak-to-trough decline	-73.82%	-17.89%	-55.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.08%	11.08%	+18.00%

Volatility

LEU vs. URNM - Volatility Comparison

Centrus Energy Corp. (LEU) and NorthShore Global Uranium Mining ETF (URNM) have volatilities of 18.99% and 18.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEU	URNM	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.99%	18.90%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	67.98%	40.47%	+27.51%
Volatility (1Y) Calculated over the trailing 1-year period	93.93%	51.55%	+42.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.22%	48.02%	+37.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.31%	46.76%	+35.55%