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URA vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

URA vs. QQQ

Last updated Jun 24, 2026

URA (Global X Uranium ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - URA is a Uranium fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, URA returned 16.42%/yr vs 22.07%/yr for QQQ. At a 0.48 correlation, their price movements are largely independent. URA charges 0.69%/yr vs 0.18%/yr for QQQ.

Performance

URA vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Uranium ETF (URA) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, URA achieves a 6.67% return, which is significantly lower than QQQ's 16.45% return. Over the past 10 years, URA has underperformed QQQ with an annualized return of 16.42%, while QQQ has yielded a comparatively higher 22.07% annualized return.

URA

1D
-2.61%
1M
-6.90%
YTD
6.67%
6M
2.57%
1Y
27.21%
3Y*
34.68%
5Y*
20.40%
10Y*
16.42%

QQQ

1D
-3.29%
1M
-0.43%
YTD
16.45%
6M
14.99%
1Y
34.88%
3Y*
26.05%
5Y*
16.01%
10Y*
22.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

URA vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
URA
Global X Uranium ETF		6.67%67.18%-0.58%46.25%-11.32%57.57%41.33%-3.54%-22.11%19.36%
QQQ
Invesco QQQ ETF		16.45%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%

Correlation

The correlation between URA and QQQ is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.59

Correlation (3Y)
Calculated over the trailing 3-year period

0.49

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (10Y)
Calculated over the trailing 10-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Nov 5, 2010

0.48

The correlation between URA and QQQ shifts across timeframes, from 0.46 (10 years) to 0.59 (1 year), reflecting how their relationship changes across market environments.

URA vs. QQQ - Sectors Allocation Comparison

Sectors
URA
QQQ

Energy

64.2%
0.5%

Industrials

22.7%
2.6%

Utilities

7.4%
1.2%

Basic Materials

4.8%
1.0%

Technology

0.9%
58.7%

Communication Services

-

14.3%

Consumer Cyclical

-

11.4%

Consumer Defensive

-

6.4%

Financial Services

-

0.2%

Healthcare

-

3.7%

Real Estate

-

0.1%

Energy

URA
64.2%
QQQ
0.5%

Industrials

URA
22.7%
QQQ
2.6%

Utilities

URA
7.4%
QQQ
1.2%

Basic Materials

URA
4.8%
QQQ
1.0%

Technology

URA
0.9%
QQQ
58.7%

Communication Services

URA

-

QQQ
14.3%

Consumer Cyclical

URA

-

QQQ
11.4%

Consumer Defensive

URA

-

QQQ
6.4%

Financial Services

URA

-

QQQ
0.2%

Healthcare

URA

-

QQQ
3.7%

Real Estate

URA

-

QQQ
0.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Uranium ETF

Invesco QQQ ETF

Often compared with URA:
URA vs. NLRURA vs. URNMURA vs. NUKZURA vs. CCJURA vs. UUUUURA vs. URANURA vs. SPY
Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. SMHQQQ vs. QQQMQQQ vs. SPMO

Return for Risk

URA vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
URA
URA Risk / Return Rank: 1919
Overall Rank
URA Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
URA Sortino Ratio Rank: 2020
Sortino Ratio Rank
URA Omega Ratio Rank: 1919
Omega Ratio Rank
URA Calmar Ratio Rank: 2020
Calmar Ratio Rank
URA Martin Ratio Rank: 1818
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 5959
Overall Rank
QQQ Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 5555
Sortino Ratio Rank
QQQ Omega Ratio Rank: 5858
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6161
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6262
Martin Ratio Rank
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.

URA vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Uranium ETF (URA) and Invesco QQQ ETF (QQQ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

URAQQQDifference
Sharpe ratioReturn per unit of total volatility
0.53
1.95

-1.42

Sortino ratioReturn per unit of downside risk
1.09
2.57

-1.48

Omega ratioGain probability vs. loss probability

1.13

1.35

-0.22

Calmar ratioReturn relative to maximum drawdown

0.87

2.93

-2.06

Martin ratioReturn relative to average drawdown

1.87

10.86

-8.99

URA vs. QQQ - Sharpe Ratio Comparison

The current URA Sharpe Ratio is 0.53, which is lower than the QQQ Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of URA and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

URA vs. QQQ - Drawdown Comparison

The maximum URA drawdown since its inception was -93.54%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for URA and QQQ.

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Drawdown Indicators

URAQQQDifference

Max Drawdown

Largest peak-to-trough decline

-93.54%

-82.97%

-10.57%

Max Drawdown (1Y)

Largest decline over 1 year

-31.48%

-11.96%

-19.52%

Max Drawdown (3Y)

Largest decline over 3 years

-37.81%

-22.77%

-15.04%

Max Drawdown (5Y)

Largest decline over 5 years

-37.90%

-35.12%

-2.78%

Max Drawdown (10Y)

Largest decline over 10 years

-61.45%

-35.12%

-26.33%

Current Drawdown

Current decline from peak

-48.27%

-4.25%

-44.02%

Average Drawdown

Average peak-to-trough decline

-74.90%

-32.73%

-42.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.58%

3.22%

+11.36%

Volatility

URA vs. QQQ - Volatility Comparison

Global X Uranium ETF (URA) has a higher volatility of 17.86% compared to Invesco QQQ ETF (QQQ) at 9.17%. This indicates that URA's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

URAQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.86%

9.17%

+8.69%

Volatility (6M)

Calculated over the trailing 6-month period

39.53%

14.57%

+24.96%

Volatility (1Y)

Calculated over the trailing 1-year period

51.33%

17.96%

+33.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.92%

22.69%

+21.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.95%

22.42%

+15.53%

URA vs. QQQ - Expense Ratio Comparison

URA has a 0.69% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

URA vs. QQQ - Dividend Comparison

URA's dividend yield for the trailing twelve months is around 4.57%, more than QQQ's 0.43% yield.

PositionTTM20252024202320222021202020192018201720162015
QQQ
Invesco QQQ ETF		0.43%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%
URA
Global X Uranium ETF		4.57%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 QQQ have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

URA has higher volatility (17.86%) compared to QQQ (9.17%). In terms of maximum drawdown, URA dropped -93.54% vs QQQ's -82.97%.

On 10-year performance, QQQ leads with 22.07% vs 16.42% for URA. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 9.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, QQQ has performed better with a 22.07% return vs 16.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QQQ is cheaper with a 0.18% expense ratio, compared with 0.69% for URA.

URA has the higher dividend yield at 4.57%, compared with 0.43% for QQQ.

URA is categorized as Uranium, while QQQ is Nasdaq-100. URA tracks Solactive Global Uranium & Nuclear Components Total Return Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.69% for URA and 0.18% for QQQ.

QQQ currently has the higher Sharpe Ratio (1.95 vs 0.53), 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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