PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
URA vs. SSRM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

URA vs. SSRM

Last updated Jun 13, 2026

URA (Global X Uranium ETF) is Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index, while SSRM (SSR Mining Inc.) is a stock. Over the past 10 years, URA returned 15.90%/yr vs 9.58%/yr for SSRM. At a 0.33 correlation, their price movements are largely independent.

Performance

URA vs. SSRM - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, URA achieves a 6.53% return, which is significantly lower than SSRM's 24.22% return. Over the past 10 years, URA has outperformed SSRM with an annualized return of 15.90%, while SSRM has yielded a comparatively lower 9.58% annualized return.

URA

1D
1.54%
1M
-14.61%
YTD
6.53%
6M
3.57%
1Y
32.44%
3Y*
32.17%
5Y*
18.77%
10Y*
15.90%

SSRM

1D
3.46%
1M
-21.64%
YTD
24.22%
6M
22.60%
1Y
119.07%
3Y*
25.15%
5Y*
9.84%
10Y*
9.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

URA vs. SSRM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
URA
Global X Uranium ETF		6.53%67.18%-0.58%46.25%-11.32%57.57%41.33%-3.54%-22.11%19.36%
SSRM
SSR Mining Inc.		24.22%214.94%-35.32%-29.94%-10.02%-10.90%4.41%59.31%37.54%-1.46%

Correlation

The correlation between URA and SSRM is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.46

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

0.39

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

0.39

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

0.31

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

0.33

The correlation between URA and SSRM shifts across timeframes, from 0.31 (10 years) to 0.46 (1 year), reflecting how their relationship changes across market environments.

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

SSR Mining Inc.

Often compared with URA:
URA vs. NLRURA vs. URNMURA vs. NUKZURA vs. CCJURA vs. UUUUURA vs. URANURA vs. SPY
Often compared with SSRM:
SSRM vs. STGSSRM vs. COMPSSRM vs. SCHDSSRM vs. SCHWSSRM vs. TSSRM vs. VTSSRM vs. TCEHY

Return for Risk

URA vs. SSRM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
URA
URA Risk / Return Rank: 2323
Overall Rank
URA Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
URA Sortino Ratio Rank: 2424
Sortino Ratio Rank
URA Omega Ratio Rank: 2323
Omega Ratio Rank
URA Calmar Ratio Rank: 2525
Calmar Ratio Rank
URA Martin Ratio Rank: 2121
Martin Ratio Rank
SSRM
SSRM Risk / Return Rank: 8686
Overall Rank
SSRM Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
SSRM Sortino Ratio Rank: 8282
Sortino Ratio Rank
SSRM Omega Ratio Rank: 8282
Omega Ratio Rank
SSRM Calmar Ratio Rank: 8888
Calmar Ratio Rank
SSRM Martin Ratio Rank: 8888
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. SSRM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Uranium ETF (URA) and SSR Mining Inc. (SSRM). 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.

URASSRMDifference
Sharpe ratioReturn per unit of total volatility
0.64
1.80

-1.16

Sortino ratioReturn per unit of downside risk
1.21
2.35

-1.15

Omega ratioGain probability vs. loss probability

1.14

1.30

-0.16

Calmar ratioReturn relative to maximum drawdown

1.04

3.83

-2.79

Martin ratioReturn relative to average drawdown

2.30

9.89

-7.58

URA vs. SSRM - Sharpe Ratio Comparison

The current URA Sharpe Ratio is 0.64, which is lower than the SSRM Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of URA and SSRM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

URA vs. SSRM - Drawdown Comparison

The maximum URA drawdown since its inception was -93.54%, roughly equal to the maximum SSRM drawdown of -91.68%. Use the drawdown chart below to compare losses from any high point for URA and SSRM.

Loading charts...

Drawdown Indicators

URASSRMDifference

Max Drawdown

Largest peak-to-trough decline

-93.54%

-91.68%

-1.86%

Max Drawdown (1Y)

Largest decline over 1 year

-31.48%

-31.28%

-0.20%

Max Drawdown (3Y)

Largest decline over 3 years

-37.81%

-73.41%

+35.60%

Max Drawdown (5Y)

Largest decline over 5 years

-37.90%

-83.16%

+45.26%

Max Drawdown (10Y)

Largest decline over 10 years

-61.45%

-83.16%

+21.71%

Current Drawdown

Current decline from peak

-48.34%

-37.45%

-10.89%

Average Drawdown

Average peak-to-trough decline

-74.94%

-57.15%

-17.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.12%

12.09%

+2.03%

Volatility

URA vs. SSRM - Volatility Comparison

The current volatility for Global X Uranium ETF (URA) is 17.69%, while SSR Mining Inc. (SSRM) has a volatility of 19.31%. This indicates that URA experiences smaller price fluctuations and is considered to be less risky than SSRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

URASSRMDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.69%

19.31%

-1.62%

Volatility (6M)

Calculated over the trailing 6-month period

39.95%

54.27%

-14.32%

Volatility (1Y)

Calculated over the trailing 1-year period

51.24%

66.63%

-15.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.96%

55.93%

-11.97%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.91%

52.96%

-15.05%

Dividends

URA vs. SSRM - Dividend Comparison

URA's dividend yield for the trailing twelve months is around 4.58%, while SSRM has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
SSRM
SSR Mining Inc.		0.00%0.00%0.00%2.60%1.79%1.13%0.00%0.00%0.00%0.00%0.00%0.00%
URA
Global X Uranium ETF		4.58%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 SSRM have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SSRM has higher volatility (19.31%) compared to URA (17.69%). In terms of maximum drawdown, URA dropped -93.54% vs SSRM's -91.68%.

SSRM currently has the higher Sharpe Ratio (1.80 vs 0.64), 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.

Portfolio Optimizer

Find the right allocation for URA and SSRM

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer