NXE vs. URA
Compare and contrast key facts about NexGen Energy Ltd. (NXE) and Global X Uranium ETF (URA).
URA is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components Index. It was launched on Nov 4, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NXE or URA.
Key characteristics
| NXE | URA | |
|---|---|---|
| YTD Return | 4.71% | 9.01% |
| 1Y Return | 19.58% | 14.01% |
| 3Y Return (Ann) | 8.20% | 4.23% |
| 5Y Return (Ann) | 42.15% | 25.79% |
| Sharpe Ratio | 0.37 | 0.44 |
| Sortino Ratio | 0.87 | 0.86 |
| Omega Ratio | 1.11 | 1.10 |
| Calmar Ratio | 0.49 | 0.21 |
| Martin Ratio | 1.05 | 1.29 |
| Ulcer Index | 18.44% | 12.19% |
| Daily Std Dev | 52.64% | 35.81% |
| Max Drawdown | -82.98% | -93.54% |
| Current Drawdown | -16.80% | -68.19% |
Correlation
The correlation between NXE and URA 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.
Performance
NXE vs. URA - Performance Comparison
In the year-to-date period, NXE achieves a 4.71% return, which is significantly lower than URA's 9.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NXE vs. URA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NexGen Energy Ltd. (NXE) and Global X Uranium ETF (URA). 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
NXE vs. URA - Dividend Comparison
NXE has not paid dividends to shareholders, while URA's dividend yield for the trailing twelve months is around 5.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXE NexGen Energy Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URA Global X Uranium ETF | 5.66% | 6.07% | 0.76% | 5.85% | 1.69% | 1.66% | 0.45% | 2.03% | 7.28% | 1.96% | 4.28% | 0.54% |
Drawdowns
NXE vs. URA - Drawdown Comparison
The maximum NXE drawdown since its inception was -82.98%, smaller than the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for NXE and URA. For additional features, visit the drawdowns tool.
Volatility
NXE vs. URA - Volatility Comparison
NexGen Energy Ltd. (NXE) has a higher volatility of 15.14% compared to Global X Uranium ETF (URA) at 10.80%. This indicates that NXE's price experiences larger fluctuations and is considered to be riskier than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.