QGLDX vs. U-UN.TO

Last updated Apr 1, 2026

Compare and contrast key facts about The Gold Bullion Strategy Fund Investor Class (QGLDX) and Sprott Physical Uranium Trust Fund (U-UN.TO).

QGLDX is managed by Quantified Funds. It was launched on Apr 19, 2016. U-UN.TO is an actively managed fund by Sprott. It was launched on Jul 19, 2021.

Performance

QGLDX vs. U-UN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Gold Bullion Strategy Fund Investor Class (QGLDX) and Sprott Physical Uranium Trust Fund (U-UN.TO). The values are adjusted to include any dividend payments, if applicable.

QGLDX vs. U-UN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QGLDX The Gold Bullion Strategy Fund Investor Class	4.26%	59.91%	24.52%	10.39%	-4.64%	-6.25%	19.35%	17.03%	-4.07%	11.44%
U-UN.TO Sprott Physical Uranium Trust Fund	3.39%	13.10%	-18.98%	82.59%	7.23%	182.62%	22.75%	-4.38%	-2.31%	19.00%

Different Trading Currencies

QGLDX is traded in USD, while U-UN.TO is traded in CAD. To make them comparable, the U-UN.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QGLDX achieves a 4.26% return, which is significantly higher than U-UN.TO's 3.39% return. Over the past 10 years, QGLDX has underperformed U-UN.TO with an annualized return of 10.94%, while U-UN.TO has yielded a comparatively higher 19.09% annualized return.

QGLDX

• 1D: -0.01%
• 1M: -14.50%
• YTD: 4.26%
• 6M: 15.79%
• 1Y: 41.00%
• 3Y*: 28.74%
• 5Y*: 18.15%
• 10Y*: 10.94%

U-UN.TO

• 1D: 4.96%
• 1M: 0.21%
• YTD: 3.39%
• 6M: 1.09%
• 1Y: 41.54%
• 3Y*: 20.03%
• 5Y*: 36.10%
• 10Y*: 19.09%

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

QGLDX vs. U-UN.TO - Expense Ratio Comparison

QGLDX has a 1.00% expense ratio, which is higher than U-UN.TO's 0.60% expense ratio.

QGLDX

The Gold Bullion Strategy Fund Investor Class

U-UN.TO

Sprott Physical Uranium Trust Fund

Return for Risk

QGLDX vs. U-UN.TO — Risk / Return Rank

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

QGLDX

QGLDX Risk / Return Rank: 82
QGLDX Sharpe Ratio Rank: 83
QGLDX Sortino Ratio Rank: 79
QGLDX Omega Ratio Rank: 77
QGLDX Calmar Ratio Rank: 87
QGLDX Martin Ratio Rank: 83

U-UN.TO

U-UN.TO Risk / Return Rank: 55
U-UN.TO Sharpe Ratio Rank: 52
U-UN.TO Sortino Ratio Rank: 58
U-UN.TO Omega Ratio Rank: 41
U-UN.TO Calmar Ratio Rank: 78
U-UN.TO Martin Ratio Rank: 44

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.

QGLDX vs. U-UN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Gold Bullion Strategy Fund Investor Class (QGLDX) and Sprott Physical Uranium Trust Fund (U-UN.TO). 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.

	QGLDX	U-UN.TO	Difference
Sharpe ratio Return per unit of total volatility	1.57	1.07	+0.50
Sortino ratio Return per unit of downside risk	1.99	1.63	+0.36
Omega ratio Gain probability vs. loss probability	1.29	1.20	+0.09
Calmar ratio Return relative to maximum drawdown	2.28	1.96	+0.32
Martin ratio Return relative to average drawdown	8.43	4.85	+3.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QGLDX vs. U-UN.TO - Sharpe Ratio Comparison

The current QGLDX Sharpe Ratio is 1.57, which is higher than the U-UN.TO Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of QGLDX and U-UN.TO, 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

	QGLDX	U-UN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	1.07	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.02	0.54	+0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.37	+0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.20	+0.33

Correlation

The correlation between QGLDX and U-UN.TO is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QGLDX vs. U-UN.TO - Dividend Comparison

QGLDX's dividend yield for the trailing twelve months is around 58.07%, while U-UN.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QGLDX The Gold Bullion Strategy Fund Investor Class	58.07%	60.49%	28.70%	10.20%	0.00%	0.00%	9.92%	14.32%	1.23%	5.75%	2.08%
U-UN.TO 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%

Drawdowns

QGLDX vs. U-UN.TO - Drawdown Comparison

The maximum QGLDX drawdown since its inception was -27.17%, smaller than the maximum U-UN.TO drawdown of -77.11%. Use the drawdown chart below to compare losses from any high point for QGLDX and U-UN.TO.

Drawdown Indicators

	QGLDX	U-UN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-27.17%	-83.06%	+55.89%
Max Drawdown (1Y) Largest decline over 1 year	-19.22%	-21.81%	+2.59%
Max Drawdown (5Y) Largest decline over 5 years	-23.34%	-45.84%	+22.50%
Max Drawdown (10Y) Largest decline over 10 years	-27.17%	-45.84%	+18.67%
Current Drawdown Current decline from peak	-16.52%	-16.84%	+0.32%
Average Drawdown Average peak-to-trough decline	-11.28%	-52.16%	+40.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.19%	8.89%	-3.70%

Volatility

QGLDX vs. U-UN.TO - Volatility Comparison

The current volatility for The Gold Bullion Strategy Fund Investor Class (QGLDX) is 10.16%, while Sprott Physical Uranium Trust Fund (U-UN.TO) has a volatility of 11.76%. This indicates that QGLDX experiences smaller price fluctuations and is considered to be less risky than U-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QGLDX	U-UN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.16%	11.76%	-1.60%
Volatility (6M) Calculated over the trailing 6-month period	23.91%	27.81%	-3.90%
Volatility (1Y) Calculated over the trailing 1-year period	27.56%	38.89%	-11.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.87%	68.04%	-50.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.34%	52.35%	-36.01%