URNG.L vs. SPOG.L
Compare and contrast key facts about Global X Uranium UCITS ETF USD Accumulating (URNG.L) and iShares Oil & Gas Exploration & Production UCITS ETF (SPOG.L).
URNG.L and SPOG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SPOG.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Energy NR USD. It was launched on Sep 16, 2011. Both URNG.L and SPOG.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: URNG.L or SPOG.L.
Key characteristics
| URNG.L | SPOG.L | |
|---|---|---|
| YTD Return | 11.69% | 4.18% |
| 1Y Return | 17.61% | 0.61% |
| Sharpe Ratio | 0.40 | -0.02 |
| Sortino Ratio | 0.85 | 0.12 |
| Omega Ratio | 1.10 | 1.01 |
| Calmar Ratio | 0.41 | -0.01 |
| Martin Ratio | 1.03 | -0.03 |
| Ulcer Index | 13.61% | 10.57% |
| Daily Std Dev | 34.93% | 20.65% |
| Max Drawdown | -34.46% | -76.49% |
| Current Drawdown | -9.63% | -16.08% |
Correlation
The correlation between URNG.L and SPOG.L is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
URNG.L vs. SPOG.L - Performance Comparison
In the year-to-date period, URNG.L achieves a 11.69% return, which is significantly higher than SPOG.L's 4.18% 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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URNG.L vs. SPOG.L - Expense Ratio Comparison
URNG.L has a 0.65% expense ratio, which is higher than SPOG.L's 0.55% expense ratio.
Risk-Adjusted Performance
URNG.L vs. SPOG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Uranium UCITS ETF USD Accumulating (URNG.L) and iShares Oil & Gas Exploration & Production UCITS ETF (SPOG.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
URNG.L vs. SPOG.L - Dividend Comparison
Neither URNG.L nor SPOG.L has paid dividends to shareholders.
Drawdowns
URNG.L vs. SPOG.L - Drawdown Comparison
The maximum URNG.L drawdown since its inception was -34.46%, smaller than the maximum SPOG.L drawdown of -76.49%. Use the drawdown chart below to compare losses from any high point for URNG.L and SPOG.L. For additional features, visit the drawdowns tool.
Volatility
URNG.L vs. SPOG.L - Volatility Comparison
Global X Uranium UCITS ETF USD Accumulating (URNG.L) has a higher volatility of 12.40% compared to iShares Oil & Gas Exploration & Production UCITS ETF (SPOG.L) at 5.69%. This indicates that URNG.L's price experiences larger fluctuations and is considered to be riskier than SPOG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.