TURF vs. UX

Last updated Jun 4, 2026

TURF (T. Rowe Price Natural Resources ETF) and UX (Roundhill Uranium ETF) are both Commodity Producers Equities funds. At a 0.41 correlation, their price movements are largely independent. TURF charges 0.44%/yr vs 0.75%/yr for UX.

Performance

TURF vs. UX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Natural Resources ETF (TURF) and Roundhill Uranium ETF (UX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TURF achieves a 19.55% return, which is significantly higher than UX's -0.61% return.

TURF

• 1D: -0.82%
• 1M: 0.33%
• YTD: 19.55%
• 6M: 22.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UX

• 1D: -2.53%
• 1M: -3.11%
• YTD: -0.61%
• 6M: 6.59%
• 1Y: 17.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TURF vs. UX - Yearly Performance Comparison

	2026 (YTD)	2025
TURF T. Rowe Price Natural Resources ETF	19.55%	17.05%
UX Roundhill Uranium ETF	-0.61%	12.14%

Correlation

The correlation between TURF and UX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 13, 2025	0.41

TURF vs. UX - Sectors Allocation Comparison

Sectors	TURF	UX
Basic Materials	33.9%	-
Energy	29.2%	100.0%
Consumer Defensive	8.5%	-
Communication Services	3.8%	-
Financial Services	2.3%	-
Industrials	1.6%	-
Technology	0.4%	-
Utilities	0.3%	-
Consumer Cyclical	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

TURF vs. UX — Risk / Return Rank

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

UX

UX Risk / Return Rank: 17
UX Sharpe Ratio Rank: 17
UX Sortino Ratio Rank: 18
UX Omega Ratio Rank: 18
UX Calmar Ratio Rank: 18
UX Martin Ratio Rank: 16

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.

TURF vs. UX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Natural Resources ETF (TURF) and Roundhill Uranium ETF (UX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TURF	UX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.52	0.31	+2.21

Drawdowns

TURF vs. UX - Drawdown Comparison

The maximum TURF drawdown since its inception was -6.84%, smaller than the maximum UX drawdown of -23.72%. Use the drawdown chart below to compare losses from any high point for TURF and UX.

Drawdown Indicators

	TURF	UX	Difference
Max Drawdown Largest peak-to-trough decline	-6.84%	-23.72%	+16.88%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.72%	—
Current Drawdown Current decline from peak	-2.54%	-19.59%	+17.05%
Average Drawdown Average peak-to-trough decline	-1.53%	-10.13%	+8.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.87%	—

Volatility

Volatility by Period

	TURF	UX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.50%	34.45%	-17.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.50%	36.20%	-19.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.50%	36.20%	-19.70%

TURF vs. UX - Expense Ratio Comparison

TURF has a 0.44% expense ratio, which is lower than UX's 0.75% expense ratio.

Dividends

TURF vs. UX - Dividend Comparison

TURF's dividend yield for the trailing twelve months is around 1.25%, less than UX's 1.49% yield.

Position	TTM	2025
TURF T. Rowe Price Natural Resources ETF	1.25%	1.49%
UX Roundhill Uranium ETF	1.49%	1.48%

Frequently Asked Questions

Can I hold both TURF and UX in my portfolio?

TURF and UX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TURF or UX?

On fees, TURF is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TURF or UX?

TURF is cheaper with a 0.44% expense ratio, compared with 0.75% for UX.

Which ETF pays a higher dividend yield, TURF or UX?

UX has the higher dividend yield at 1.49%, compared with 1.25% for TURF.

What is the main difference between TURF and UX?

They also come from different issuers: T. Rowe Price and Roundhill. Their fees differ too: 0.44% for TURF and 0.75% for UX.