URNG.L vs. BRK-B
URNG.L (Global X Uranium UCITS ETF USD Accumulating) is Uranium 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 28.65%/yr vs 11.48%/yr for BRK-B. At a 0.07 correlation, their price movements are largely independent.
Performance
URNG.L vs. BRK-B - Performance Comparison
Loading charts...
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 -2.89% return, which is significantly higher than BRK-B's -3.24% return.
URNG.L
- 1D
- 0.00%
- 1M
- -14.21%
- 6M
- -20.73%
- YTD
- -2.89%
- 1Y
- 11.83%
- 3Y*
- 28.65%
- 5Y*
- —
- 10Y*
- —
BRK-B
- 1D
- -1.59%
- 1M
- -2.31%
- 6M
- -1.58%
- YTD
- -3.24%
- 1Y
- 2.77%
- 3Y*
- 11.48%
- 5Y*
- 12.32%
- 10Y*
- 12.54%
URNG.L vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
URNG.L Global X Uranium UCITS ETF USD Accumulating | -2.89% | 58.50% | 2.96% | 30.86% | -39.68% |
BRK-B Berkshire Hathaway Inc. | -3.24% | 2.99% | 29.31% | 9.69% | -3.12% |
Correlation
The correlation between URNG.L and BRK-B is -0.15, 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 | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2022 | 0.07 |
The correlation between URNG.L and BRK-B shifts across timeframes, from -0.15 (1 year) to 0.07 (all time), 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.
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.
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.
| URNG.L | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.04 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 0.23 | +0.13 |
| Martin ratioReturn relative to average drawdown | 0.79 | 0.49 | +0.29 |
Loading charts...
Drawdowns
URNG.L vs. BRK-B - Drawdown Comparison
The maximum URNG.L drawdown since its inception was -46.74%, which is greater than BRK-B's maximum drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for URNG.L and BRK-B.
Loading charts...
Drawdown Indicators
| URNG.L | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.74% | -37.92% | -8.82% |
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 | -29.33% | -12.87% | -16.46% |
Average DrawdownAverage peak-to-trough decline | -22.97% | -7.44% | -15.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.05% | 5.62% | +9.43% |
Volatility
URNG.L vs. BRK-B - Volatility Comparison
Global X Uranium UCITS ETF USD Accumulating (URNG.L) has a higher volatility of 10.40% compared to Berkshire Hathaway Inc. (BRK-B) at 5.10%. 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.
Loading charts...
Volatility by Period
| URNG.L | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.40% | 5.10% | +5.30% |
Volatility (6M)Calculated over the trailing 6-month period | 34.88% | 12.45% | +22.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.15% | 15.99% | +34.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.49% | 16.97% | +24.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.49% | 19.77% | +21.72% |
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 -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for URNG.L and BRK-B
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