U-U.TO vs. URNM
Compare and contrast key facts about Sprott Physical Uranium Trust Fund (U-U.TO) and NorthShore Global Uranium Mining ETF (URNM).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: U-U.TO or URNM.
Key characteristics
| U-U.TO | URNM | |
|---|---|---|
| YTD Return | 8.69% | 15.58% |
| 1Y Return | 84.90% | 76.82% |
| Sharpe Ratio | 2.53 | 2.10 |
| Daily Std Dev | 34.29% | 37.62% |
| Max Drawdown | -39.27% | -42.55% |
| Current Drawdown | -7.73% | -4.58% |
Correlation
The correlation between U-U.TO and URNM is 0.72, 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
U-U.TO vs. URNM - Performance Comparison
In the year-to-date period, U-U.TO achieves a 8.69% return, which is significantly lower than URNM's 15.58% 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
U-U.TO vs. URNM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Uranium Trust Fund (U-U.TO) 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
U-U.TO vs. URNM - Dividend Comparison
U-U.TO has not paid dividends to shareholders, while URNM's dividend yield for the trailing twelve months is around 3.14%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
U-U.TO Sprott Physical Uranium Trust Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URNM NorthShore Global Uranium Mining ETF | 3.14% | 3.63% | 0.00% | 6.70% | 2.57% |
Drawdowns
U-U.TO vs. URNM - Drawdown Comparison
The maximum U-U.TO drawdown since its inception was -39.27%, smaller than the maximum URNM drawdown of -42.55%. Use the drawdown chart below to compare losses from any high point for U-U.TO and URNM. For additional features, visit the drawdowns tool.
Volatility
U-U.TO vs. URNM - Volatility Comparison
The current volatility for Sprott Physical Uranium Trust Fund (U-U.TO) is 10.38%, while NorthShore Global Uranium Mining ETF (URNM) has a volatility of 11.53%. This indicates that U-U.TO 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.