URA vs. WNTR

Last updated Jun 26, 2026

URA (Global X Uranium ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - URA is a Uranium fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index, while WNTR is a Derivative Income fund actively managed by YieldMax. URA is passively managed, while WNTR is actively managed. Over the past year, URA returned 21.61% vs 115.98% for WNTR. At a correlation of -0.41, they often move in opposite directions. URA charges 0.69%/yr vs 1.01%/yr for WNTR.

Performance

URA vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Uranium ETF (URA) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URA achieves a 2.78% return, which is significantly lower than WNTR's 17.65% return.

URA

• 1D: -1.79%
• 1M: -13.65%
• YTD: 2.78%
• 6M: -1.17%
• 1Y: 21.61%
• 3Y*: 32.99%
• 5Y*: 19.36%
• 10Y*: 16.40%

WNTR

• 1D: 6.51%
• 1M: 45.64%
• YTD: 17.65%
• 6M: 21.49%
• 1Y: 115.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

URA vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
URA Global X Uranium ETF	2.78%	84.32%
WNTR YieldMax Short MSTR Option Income Strategy ETF	17.65%	52.78%

Correlation

The correlation between URA and WNTR is -0.44, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.44
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.41

Return for Risk

URA vs. WNTR — Risk / Return Rank

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

URA

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

WNTR

WNTR Risk / Return Rank: 63
WNTR Sharpe Ratio Rank: 80
WNTR Sortino Ratio Rank: 60
WNTR Omega Ratio Rank: 64
WNTR Calmar Ratio Rank: 64
WNTR Martin Ratio Rank: 47

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. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Uranium ETF (URA) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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.

	URA	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	0.42	2.20	-1.77
Sortino ratio: Return per unit of downside risk	0.95	2.46	-1.51
Omega ratio: Gain probability vs. loss probability	1.11	1.33	-0.22
Calmar ratio: Return relative to maximum drawdown	0.69	2.73	-2.05
Martin ratio: Return relative to average drawdown	1.46	6.99	-5.53

URA vs. WNTR - Sharpe Ratio Comparison

The current URA Sharpe Ratio is 0.42, which is lower than the WNTR Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of URA and WNTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

URA vs. WNTR - Drawdown Comparison

The maximum URA drawdown since its inception was -93.54%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for URA and WNTR.

Drawdown Indicators

	URA	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-93.54%	-42.65%	-50.89%
Max Drawdown (1Y) Largest decline over 1 year	-31.48%	-42.65%	+11.17%
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 Drawdown Current decline from peak	-50.16%	-4.02%	-46.14%
Average Drawdown Average peak-to-trough decline	-74.88%	-20.87%	-54.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.80%	16.66%	-1.86%

Volatility

URA vs. WNTR - Volatility Comparison

Global X Uranium ETF (URA) and YieldMax Short MSTR Option Income Strategy ETF (WNTR) have volatilities of 17.39% and 18.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URA	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.39%	18.14%	-0.75%
Volatility (6M) Calculated over the trailing 6-month period	39.39%	46.41%	-7.02%
Volatility (1Y) Calculated over the trailing 1-year period	51.29%	53.16%	-1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.92%	53.31%	-9.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.94%	53.31%	-15.37%

URA vs. WNTR - Expense Ratio Comparison

URA has a 0.69% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

URA vs. WNTR - Dividend Comparison

URA's dividend yield for the trailing twelve months is around 4.75%, less than WNTR's 94.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
URA Global X Uranium ETF	4.75%	4.88%	2.86%	6.07%	0.76%	5.84%	1.69%	1.66%	0.44%	2.03%	7.28%	1.96%
WNTR YieldMax Short MSTR Option Income Strategy ETF	94.34%	58.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both URA and WNTR in my portfolio?

URA and WNTR have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, URA or WNTR?

WNTR has higher volatility (18.14%) compared to URA (17.39%). In terms of maximum drawdown, URA dropped -93.54% vs WNTR's -42.65%.

Which ETF is better, URA or WNTR?

On 1-year performance, WNTR leads with 115.98% vs 21.61% for URA. On fees, URA is cheaper at 0.69% per year. On volatility, URA has been the lower-risk option at 17.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, URA or WNTR?

Over the 1-year period, WNTR has performed better with a 115.98% return vs 21.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, URA or WNTR?

URA is cheaper with a 0.69% expense ratio, compared with 1.01% for WNTR.

Which ETF pays a higher dividend yield, URA or WNTR?

WNTR has the higher dividend yield at 94.34%, compared with 4.75% for URA.

What is the main difference between URA and WNTR?

URA is categorized as Uranium, while WNTR is Derivative Income. They also come from different issuers: Global X and YieldMax. Their fees differ too: 0.69% for URA and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.20 vs 0.42), 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.