URND.L vs. URNP.L
Compare and contrast key facts about Global X Uranium UCITS ETF USD Distributing (URND.L) and HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L).
URND.L and URNP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. URND.L is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components. It was launched on Oct 28, 2022. URNP.L is a passively managed fund by HANetf that tracks the performance of the S&P Global Natural Resources TR USD. It was launched on May 3, 2022. Both URND.L and URNP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URND.L or URNP.L.
Key characteristics
| URND.L | URNP.L | |
|---|---|---|
| YTD Return | 9.59% | -7.27% |
| 1Y Return | 11.77% | -5.69% |
| Sharpe Ratio | 0.34 | -0.15 |
| Sortino Ratio | 0.75 | 0.04 |
| Omega Ratio | 1.09 | 1.01 |
| Calmar Ratio | 0.34 | -0.14 |
| Martin Ratio | 0.87 | -0.31 |
| Ulcer Index | 13.74% | 17.64% |
| Daily Std Dev | 35.25% | 36.89% |
| Max Drawdown | -34.88% | -38.62% |
| Current Drawdown | -10.72% | -24.94% |
Correlation
The correlation between URND.L and URNP.L is 0.90, 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
URND.L vs. URNP.L - Performance Comparison
In the year-to-date period, URND.L achieves a 9.59% return, which is significantly higher than URNP.L's -7.27% 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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URND.L vs. URNP.L - Expense Ratio Comparison
URND.L has a 0.65% expense ratio, which is lower than URNP.L's 0.85% expense ratio.
Risk-Adjusted Performance
URND.L vs. URNP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Uranium UCITS ETF USD Distributing (URND.L) and HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L). 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
URND.L vs. URNP.L - Dividend Comparison
Neither URND.L nor URNP.L has paid dividends to shareholders.
Drawdowns
URND.L vs. URNP.L - Drawdown Comparison
The maximum URND.L drawdown since its inception was -34.88%, smaller than the maximum URNP.L drawdown of -38.62%. Use the drawdown chart below to compare losses from any high point for URND.L and URNP.L. For additional features, visit the drawdowns tool.
Volatility
URND.L vs. URNP.L - Volatility Comparison
Global X Uranium UCITS ETF USD Distributing (URND.L) has a higher volatility of 11.56% compared to HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L) at 10.92%. This indicates that URND.L's price experiences larger fluctuations and is considered to be riskier than URNP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.