URA vs. IBIT
URA (Global X Uranium ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - URA is a Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, URA returned 43.02% vs -39.44% for IBIT. At a 0.33 correlation, their price movements are largely independent. URA charges 0.69%/yr vs 0.25%/yr for IBIT.
Performance
URA vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, URA achieves a 7.47% return, which is significantly higher than IBIT's -27.71% return.
URA
- 1D
- 1.35%
- 1M
- -16.78%
- YTD
- 7.47%
- 6M
- 0.63%
- 1Y
- 43.02%
- 3Y*
- 33.80%
- 5Y*
- 19.23%
- 10Y*
- 15.57%
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
URA vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
URA Global X Uranium ETF | 7.47% | 67.18% | -4.38% |
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 89.87% |
Correlation
The correlation between URA and IBIT is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.33 |
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Return for Risk
URA vs. IBIT — Risk / Return Rank
URA
IBIT
URA vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Uranium ETF (URA) and iShares Bitcoin Trust ETF (IBIT). 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.
| URA | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.74 | ||
| Sortino ratioReturn per unit of downside risk | +2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.86 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | -0.76 | +2.28 |
| Martin ratioReturn relative to average drawdown | 3.16 | -1.36 | +4.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| URA | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | -0.90 | +1.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.26 | -0.33 |
Drawdowns
URA vs. IBIT - Drawdown Comparison
The maximum URA drawdown since its inception was -93.54%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for URA and IBIT.
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Drawdown Indicators
| URA | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.54% | -52.11% | -41.43% |
Max Drawdown (1Y)Largest decline over 1 year | -28.43% | -52.11% | +23.68% |
Max Drawdown (3Y)Largest decline over 3 years | -37.81% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -37.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -61.45% | — | — |
Current DrawdownCurrent decline from peak | -47.89% | -49.66% | +1.77% |
Average DrawdownAverage peak-to-trough decline | -74.99% | -16.19% | -58.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.66% | 28.97% | -15.31% |
Volatility
URA vs. IBIT - Volatility Comparison
Global X Uranium ETF (URA) has a higher volatility of 16.85% compared to iShares Bitcoin Trust ETF (IBIT) at 11.85%. This indicates that URA's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| URA | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.85% | 11.85% | +5.00% |
Volatility (6M)Calculated over the trailing 6-month period | 39.19% | 34.60% | +4.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.23% | 44.28% | +6.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.83% | 50.32% | -6.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.84% | 50.32% | -12.48% |
URA vs. IBIT - Expense Ratio Comparison
URA has a 0.69% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
URA vs. IBIT - Dividend Comparison
URA's dividend yield for the trailing twelve months is around 4.54%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 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 | 4.54% | 4.88% | 2.86% | 6.07% | 0.76% | 5.84% | 1.69% | 1.66% | 0.44% | 2.03% | 7.28% | 1.96% |
Frequently Asked Questions
URA and IBIT 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.
URA has higher volatility (16.85%) compared to IBIT (11.85%). In terms of maximum drawdown, URA dropped -93.54% vs IBIT's -52.11%.
On 1-year performance, URA leads with 43.02% vs -39.44% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IBIT has been the lower-risk option at 11.85%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, URA has performed better with a 43.02% return vs -39.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.69% for URA.
URA has the higher dividend yield at 4.54%, compared with 0.00% for IBIT.
URA is categorized as Commodity Producers Equities, while IBIT is Cryptocurrency. URA tracks Solactive Global Uranium & Nuclear Components Total Return Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. They also come from different issuers: Global X and iShares. Their fees differ too: 0.69% for URA and 0.25% for IBIT.
URA currently has the higher Sharpe Ratio (0.85 vs -0.90), 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.
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