URNG.L vs. URA
Compare and contrast key facts about Global X Uranium UCITS ETF USD Accumulating (URNG.L) and Global X Uranium ETF (URA).
URNG.L and URA 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. URA is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components Index. It was launched on Nov 4, 2010. Both URNG.L and URA 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 URA.
Key characteristics
| URNG.L | URA | |
|---|---|---|
| YTD Return | 11.69% | 10.31% |
| 1Y Return | 17.61% | 20.61% |
| Sharpe Ratio | 0.40 | 0.60 |
| Sortino Ratio | 0.85 | 1.06 |
| Omega Ratio | 1.10 | 1.12 |
| Calmar Ratio | 0.41 | 0.28 |
| Martin Ratio | 1.03 | 1.76 |
| Ulcer Index | 13.61% | 12.16% |
| Daily Std Dev | 34.93% | 35.94% |
| Max Drawdown | -34.46% | -93.54% |
| Current Drawdown | -9.63% | -67.81% |
Correlation
The correlation between URNG.L and URA is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
URNG.L vs. URA - Performance Comparison
In the year-to-date period, URNG.L achieves a 11.69% return, which is significantly higher than URA's 10.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
URNG.L vs. URA - Expense Ratio Comparison
URNG.L has a 0.65% expense ratio, which is lower than URA's 0.69% expense ratio.
Risk-Adjusted Performance
URNG.L vs. URA - 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 Global X Uranium ETF (URA). 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. URA - Dividend Comparison
URNG.L has not paid dividends to shareholders, while URA's dividend yield for the trailing twelve months is around 5.59%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URNG.L Global X Uranium UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URA Global X Uranium ETF | 5.59% | 6.07% | 0.76% | 5.85% | 1.69% | 1.66% | 0.45% | 2.03% | 7.28% | 1.96% | 4.28% | 0.54% |
Drawdowns
URNG.L vs. URA - Drawdown Comparison
The maximum URNG.L drawdown since its inception was -34.46%, smaller than the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for URNG.L and URA. For additional features, visit the drawdowns tool.
Volatility
URNG.L vs. URA - Volatility Comparison
Global X Uranium UCITS ETF USD Accumulating (URNG.L) has a higher volatility of 12.40% compared to Global X Uranium ETF (URA) at 10.62%. This indicates that URNG.L's price experiences larger fluctuations and is considered to be riskier than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.