NLR vs. URNM
Compare and contrast key facts about VanEck Vectors Uranium+Nuclear Energy ETF (NLR) and NorthShore Global Uranium Mining ETF (URNM).
NLR and URNM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NLR is a passively managed fund by VanEck that tracks the performance of the DAXglobal Nuclear Energy Index. It was launched on Aug 13, 2007. 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. Both NLR and URNM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NLR or URNM.
Performance
NLR vs. URNM - Performance Comparison
Returns By Period
In the year-to-date period, NLR achieves a 28.63% return, which is significantly higher than URNM's 0.21% return.
NLR
28.63%
-4.54%
4.24%
30.01%
16.89%
9.54%
URNM
0.21%
-8.55%
-17.75%
2.28%
N/A
N/A
Key characteristics
| NLR | URNM | |
|---|---|---|
| Sharpe Ratio | 1.20 | 0.11 |
| Sortino Ratio | 1.83 | 0.47 |
| Omega Ratio | 1.22 | 1.05 |
| Calmar Ratio | 1.51 | 0.13 |
| Martin Ratio | 4.00 | 0.27 |
| Ulcer Index | 8.11% | 16.94% |
| Daily Std Dev | 26.96% | 40.38% |
| Max Drawdown | -66.96% | -42.55% |
| Current Drawdown | -4.57% | -17.75% |
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NLR vs. URNM - Expense Ratio Comparison
NLR has a 0.60% expense ratio, which is lower than URNM's 0.85% expense ratio.
Correlation
The correlation between NLR and URNM is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
NLR vs. URNM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Uranium+Nuclear Energy ETF (NLR) 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.
Dividends
NLR vs. URNM - Dividend Comparison
NLR's dividend yield for the trailing twelve months is around 3.53%, less than URNM's 3.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLR VanEck Vectors Uranium+Nuclear Energy ETF | 3.53% | 4.54% | 2.02% | 1.99% | 2.23% | 2.43% | 3.91% | 4.86% | 3.62% | 3.30% | 2.48% | 0.69% |
URNM NorthShore Global Uranium Mining ETF | 3.62% | 3.63% | 0.00% | 6.70% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NLR vs. URNM - Drawdown Comparison
The maximum NLR drawdown since its inception was -66.96%, which is greater than URNM's maximum drawdown of -42.55%. Use the drawdown chart below to compare losses from any high point for NLR and URNM. For additional features, visit the drawdowns tool.
Volatility
NLR vs. URNM - Volatility Comparison
The current volatility for VanEck Vectors Uranium+Nuclear Energy ETF (NLR) is 8.98%, while NorthShore Global Uranium Mining ETF (URNM) has a volatility of 9.70%. This indicates that NLR experiences smaller price fluctuations and is considered to be less risky than URNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.