URNG.L vs. BRK-B
URNG.L (Global X Uranium UCITS ETF USD Accumulating) is Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 3 years, URNG.L returned 36.12%/yr vs 10.51%/yr for BRK-B. At a 0.07 correlation, their price movements are largely independent.
Performance
URNG.L vs. BRK-B - Performance Comparison
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Different Trading Currencies
URNG.L is traded in GBP, while BRK-B is traded in USD. To make them comparable, the BRK-B values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, URNG.L achieves a 18.27% return, which is significantly higher than BRK-B's -4.39% return.
URNG.L
- 1D
- -0.48%
- 1M
- -7.77%
- YTD
- 18.27%
- 6M
- 7.25%
- 1Y
- 64.64%
- 3Y*
- 36.12%
- 5Y*
- —
- 10Y*
- —
BRK-B
- 1D
- 0.69%
- 1M
- 3.76%
- YTD
- -4.39%
- 6M
- -5.55%
- 1Y
- -1.57%
- 3Y*
- 10.51%
- 5Y*
- 11.54%
- 10Y*
- 13.78%
URNG.L vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
URNG.L Global X Uranium UCITS ETF USD Accumulating | 18.27% | 58.50% | 2.96% | 30.86% | -14.11% |
BRK-B Berkshire Hathaway Inc. | -4.39% | 2.99% | 29.31% | 9.69% | -2.29% |
Correlation
The correlation between URNG.L and BRK-B is -0.16, 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 | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2022 | 0.07 |
The correlation between URNG.L and BRK-B shifts across timeframes, from -0.16 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
URNG.L vs. BRK-B — Risk / Return Rank
URNG.L
BRK-B
URNG.L vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Uranium UCITS ETF USD Accumulating (URNG.L) and Berkshire Hathaway Inc. (BRK-B). 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.
| URNG.L | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.00 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | -0.13 | +2.11 |
| Martin ratioReturn relative to average drawdown | 5.06 | -0.29 | +5.34 |
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
| URNG.L | BRK-B | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | -0.10 | +1.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.69 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.59 | -0.07 |
Drawdowns
URNG.L vs. BRK-B - Drawdown Comparison
The maximum URNG.L drawdown since its inception was -38.98%, roughly equal to the maximum BRK-B drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for URNG.L and BRK-B.
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Drawdown Indicators
| URNG.L | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.98% | -37.92% | -1.06% |
Max Drawdown (1Y)Largest decline over 1 year | -32.59% | -11.88% | -20.71% |
Max Drawdown (3Y)Largest decline over 3 years | -38.98% | -17.26% | -21.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.44% | — |
Current DrawdownCurrent decline from peak | -13.93% | -13.90% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -12.79% | -7.39% | -5.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.75% | 5.50% | +7.25% |
Volatility
URNG.L vs. BRK-B - Volatility Comparison
Global X Uranium UCITS ETF USD Accumulating (URNG.L) has a higher volatility of 14.89% compared to Berkshire Hathaway Inc. (BRK-B) at 3.86%. This indicates that URNG.L's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| URNG.L | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.89% | 3.86% | +11.03% |
Volatility (6M)Calculated over the trailing 6-month period | 33.87% | 11.95% | +21.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.10% | 15.41% | +33.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.66% | 16.90% | +22.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.66% | 19.85% | +19.81% |
Dividends
URNG.L vs. BRK-B - Dividend Comparison
Neither URNG.L nor BRK-B has paid dividends to shareholders.
Frequently Asked Questions
URNG.L and BRK-B have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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