URNG.L vs. BRK-B

Last updated Apr 3, 2026

Compare and contrast key facts about Global X Uranium UCITS ETF USD Accumulating (URNG.L) and Berkshire Hathaway Inc. (BRK-B).

URNG.L is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components. It was launched on Apr 20, 2022.

Performance

URNG.L vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Global X Uranium UCITS ETF USD Accumulating (URNG.L) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

URNG.L vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
URNG.L Global X Uranium UCITS ETF USD Accumulating	15.74%	58.50%	2.96%	30.86%	-14.11%
BRK-B Berkshire Hathaway Inc.	-3.26%	2.99%	29.31%	9.69%	-2.29%

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 15.74% return, which is significantly higher than BRK-B's -3.23% return.

URNG.L

• 1D: -3.24%
• 1M: -5.61%
• YTD: 15.74%
• 6M: 2.52%
• 1Y: 122.60%
• 3Y*: 37.81%
• 5Y*: —
• 10Y*: —

BRK-B

• 1D: 0.00%
• 1M: 0.17%
• YTD: -3.23%
• 6M: -2.17%
• 1Y: -12.73%
• 3Y*: 13.04%
• 5Y*: 14.10%
• 10Y*: 13.65%

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

Return for Risk

URNG.L vs. BRK-B — Risk / Return Rank

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

URNG.L

URNG.L Risk / Return Rank: 91
URNG.L Sharpe Ratio Rank: 95
URNG.L Sortino Ratio Rank: 94
URNG.L Omega Ratio Rank: 87
URNG.L Calmar Ratio Rank: 93
URNG.L Martin Ratio Rank: 84

BRK-B

BRK-B Risk / Return Rank: 15
BRK-B Sharpe Ratio Rank: 14
BRK-B Sortino Ratio Rank: 15
BRK-B Omega Ratio Rank: 14
BRK-B Calmar Ratio Rank: 15
BRK-B Martin Ratio Rank: 17

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.

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 ratio Return per unit of total volatility	2.49	-0.67	+3.17
Sortino ratio Return per unit of downside risk	3.00	-0.82	+3.82
Omega ratio Gain probability vs. loss probability	1.37	0.89	+0.48
Calmar ratio Return relative to maximum drawdown	4.06	-0.73	+4.79
Martin ratio Return relative to average drawdown	11.03	-1.12	+12.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

URNG.L vs. BRK-B - Sharpe Ratio Comparison

The current URNG.L Sharpe Ratio is 2.49, which is higher than the BRK-B Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of URNG.L and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	URNG.L	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	-0.67	+3.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.58	-0.05

Correlation

The correlation between URNG.L and BRK-B is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

URNG.L vs. BRK-B - Dividend Comparison

Neither URNG.L nor BRK-B has paid dividends to shareholders.

Tickers have no history of dividend payments

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.

Drawdown Indicators

	URNG.L	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-38.98%	-53.86%	+14.88%
Max Drawdown (1Y) Largest decline over 1 year	-32.59%	-14.95%	-17.64%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-15.75%	-11.57%	-4.18%
Average Drawdown Average peak-to-trough decline	-12.93%	-11.07%	-1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.00%	8.75%	+3.25%

Volatility

URNG.L vs. BRK-B - Volatility Comparison

Global X Uranium UCITS ETF USD Accumulating (URNG.L) has a higher volatility of 13.96% compared to Berkshire Hathaway Inc. (BRK-B) at 4.52%. 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.

Volatility by Period

	URNG.L	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.96%	4.52%	+9.44%
Volatility (6M) Calculated over the trailing 6-month period	38.60%	12.24%	+26.36%
Volatility (1Y) Calculated over the trailing 1-year period	48.91%	18.95%	+29.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.25%	16.94%	+22.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.25%	19.84%	+19.41%