SRUUF vs. VCMDX

Last updated Jun 4, 2026

SRUUF (Sprott Physical Uranium Trust Fund) and VCMDX (Vanguard Commodity Strategy Fund Admiral Shares) are both Commodities funds. Over the past 3 years, SRUUF returned 14.65%/yr vs 15.74%/yr for VCMDX. At a 0.21 correlation, their price movements are largely independent. SRUUF charges 0.70%/yr vs 0.20%/yr for VCMDX.

Performance

SRUUF vs. VCMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Physical Uranium Trust Fund (SRUUF) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRUUF achieves a 0.93% return, which is significantly lower than VCMDX's 22.84% return.

SRUUF

• 1D: -2.82%
• 1M: -3.15%
• YTD: 0.93%
• 6M: 8.74%
• 1Y: 21.00%
• 3Y*: 14.65%
• 5Y*: —
• 10Y*: —

VCMDX

• 1D: 0.35%
• 1M: -2.11%
• YTD: 22.84%
• 6M: 22.83%
• 1Y: 35.30%
• 3Y*: 15.74%
• 5Y*: 12.17%
• 10Y*: —

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

SRUUF vs. VCMDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SRUUF Sprott Physical Uranium Trust Fund	0.93%	12.66%	-18.89%	82.09%	7.65%	17.26%
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	22.84%	18.20%	5.27%	-7.45%	13.83%	6.77%

Correlation

The correlation between SRUUF and VCMDX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Jul 23, 2021	0.21

Return for Risk

SRUUF vs. VCMDX — Risk / Return Rank

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

SRUUF

SRUUF Risk / Return Rank: 8
SRUUF Sharpe Ratio Rank: 7
SRUUF Sortino Ratio Rank: 8
SRUUF Omega Ratio Rank: 8
SRUUF Calmar Ratio Rank: 9
SRUUF Martin Ratio Rank: 7

VCMDX

VCMDX Risk / Return Rank: 70
VCMDX Sharpe Ratio Rank: 68
VCMDX Sortino Ratio Rank: 53
VCMDX Omega Ratio Rank: 59
VCMDX Calmar Ratio Rank: 92
VCMDX Martin Ratio Rank: 80

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.

SRUUF vs. VCMDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Uranium Trust Fund (SRUUF) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX). 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.

	SRUUF	VCMDX	Difference
Sharpe ratio: Return per unit of total volatility	0.61	2.41	-1.80
Sortino ratio: Return per unit of downside risk	1.06	3.06	-2.00
Omega ratio: Gain probability vs. loss probability	1.13	1.43	-0.30
Calmar ratio: Return relative to maximum drawdown	0.92	4.92	-4.01
Martin ratio: Return relative to average drawdown	1.86	15.03	-13.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SRUUF vs. VCMDX - Sharpe Ratio Comparison

The current SRUUF Sharpe Ratio is 0.61, which is lower than the VCMDX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of SRUUF and VCMDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SRUUF	VCMDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	2.41	-1.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.85	-0.45

Drawdowns

SRUUF vs. VCMDX - Drawdown Comparison

The maximum SRUUF drawdown since its inception was -48.68%, which is greater than VCMDX's maximum drawdown of -26.67%. Use the drawdown chart below to compare losses from any high point for SRUUF and VCMDX.

Drawdown Indicators

	SRUUF	VCMDX	Difference
Max Drawdown Largest peak-to-trough decline	-48.68%	-26.67%	-22.01%
Max Drawdown (1Y) Largest decline over 1 year	-22.98%	-7.25%	-15.73%
Max Drawdown (3Y) Largest decline over 3 years	-48.68%	-9.90%	-38.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.45%	—
Current Drawdown Current decline from peak	-21.59%	-3.45%	-18.14%
Average Drawdown Average peak-to-trough decline	-21.79%	-10.86%	-10.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.29%	2.37%	+8.92%

Volatility

SRUUF vs. VCMDX - Volatility Comparison

Sprott Physical Uranium Trust Fund (SRUUF) has a higher volatility of 7.75% compared to Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) at 5.03%. This indicates that SRUUF's price experiences larger fluctuations and is considered to be riskier than VCMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SRUUF	VCMDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.75%	5.03%	+2.72%
Volatility (6M) Calculated over the trailing 6-month period	24.53%	12.68%	+11.85%
Volatility (1Y) Calculated over the trailing 1-year period	34.51%	14.90%	+19.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.81%	15.86%	+25.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.81%	15.39%	+26.42%

SRUUF vs. VCMDX - Expense Ratio Comparison

SRUUF has a 0.70% expense ratio, which is higher than VCMDX's 0.20% expense ratio.

Dividends

SRUUF vs. VCMDX - Dividend Comparison

SRUUF has not paid dividends to shareholders, while VCMDX's dividend yield for the trailing twelve months is around 12.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SRUUF Sprott Physical Uranium Trust Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	12.38%	15.21%	2.19%	2.50%	14.21%	30.56%	0.50%	0.60%

Frequently Asked Questions

Can I hold both SRUUF and VCMDX in my portfolio?

SRUUF and VCMDX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SRUUF or VCMDX?

SRUUF has higher volatility (7.75%) compared to VCMDX (5.03%). In terms of maximum drawdown, SRUUF dropped -48.68% vs VCMDX's -26.67%.

Which has better risk-adjusted returns?

VCMDX currently has the higher Sharpe Ratio (2.41 vs 0.61), 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.