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 33.09%/yr vs 12.04%/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 7.51% return, which is significantly higher than BRK-B's -0.93% return.
URNG.L
- 1D
- 0.00%
- 1M
- -10.70%
- YTD
- 7.51%
- 6M
- 3.18%
- 1Y
- 29.65%
- 3Y*
- 33.09%
- 5Y*
- —
- 10Y*
- —
BRK-B
- 1D
- -1.63%
- 1M
- 2.78%
- YTD
- -0.93%
- 6M
- -0.42%
- 1Y
- 3.85%
- 3Y*
- 12.04%
- 5Y*
- 13.00%
- 10Y*
- 13.44%
URNG.L vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
URNG.L Global X Uranium UCITS ETF USD Accumulating | 7.51% | 58.50% | 2.96% | 30.86% | -39.68% |
BRK-B Berkshire Hathaway Inc. | -0.93% | 2.99% | 29.31% | 9.69% | -3.12% |
Correlation
The correlation between URNG.L and BRK-B is -0.17, 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 | -0.17 |
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 -0.17 (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.
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 | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.06 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 0.33 | +0.59 |
| Martin ratioReturn relative to average drawdown | 2.18 | 0.70 | +1.48 |
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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.
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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 | -21.77% | -10.78% | -10.99% |
Average DrawdownAverage peak-to-trough decline | -22.92% | -7.41% | -15.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.64% | 5.54% | +8.10% |
Volatility
URNG.L vs. BRK-B - Volatility Comparison
Global X Uranium UCITS ETF USD Accumulating (URNG.L) has a higher volatility of 15.12% compared to Berkshire Hathaway Inc. (BRK-B) at 4.40%. 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 | 15.12% | 4.40% | +10.72% |
Volatility (6M)Calculated over the trailing 6-month period | 34.82% | 11.86% | +22.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.35% | 15.68% | +33.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.47% | 16.92% | +24.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.47% | 19.79% | +21.68% |
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 -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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