URNJ vs. IBID

Last updated Jun 23, 2026

URNJ (Sprott Junior Uranium Miners ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - URNJ is a Uranium fund tracking the Nasdaq Sprott Junior Uranium Miners Index - Benchmark TR Gross, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, URNJ returned 35.18% vs 4.04% for IBID. At a 0.01 correlation, their price movements are largely independent. URNJ charges 0.80%/yr vs 0.10%/yr for IBID.

Performance

URNJ vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Junior Uranium Miners ETF (URNJ) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URNJ achieves a -0.24% return, which is significantly lower than IBID's 1.99% return.

URNJ

• 1D: -4.34%
• 1M: -6.58%
• YTD: -0.24%
• 6M: -3.16%
• 1Y: 35.18%
• 3Y*: 20.81%
• 5Y*: —
• 10Y*: —

IBID

• 1D: 0.00%
• 1M: -0.19%
• YTD: 1.99%
• 6M: 2.08%
• 1Y: 4.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

URNJ vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
URNJ Sprott Junior Uranium Miners ETF	-0.24%	45.35%	-18.34%	8.02%
IBID iShares iBonds Oct 2027 Term TIPS ETF	1.99%	5.66%	4.71%	2.61%

Correlation

The correlation between URNJ and IBID is -0.14, 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	-0.14
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023	0.01

The correlation between URNJ and IBID shifts across timeframes, from -0.14 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

URNJ vs. IBID — Risk / Return Rank

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

URNJ

URNJ Risk / Return Rank: 19
URNJ Sharpe Ratio Rank: 18
URNJ Sortino Ratio Rank: 22
URNJ Omega Ratio Rank: 20
URNJ Calmar Ratio Rank: 19
URNJ Martin Ratio Rank: 17

IBID

IBID Risk / Return Rank: 95
IBID Sharpe Ratio Rank: 93
IBID Sortino Ratio Rank: 96
IBID Omega Ratio Rank: 96
IBID Calmar Ratio Rank: 96
IBID Martin Ratio Rank: 95

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.

URNJ vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Uranium Miners ETF (URNJ) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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.

	URNJ	IBID	Difference
Sharpe ratio: Return per unit of total volatility	0.57	3.29	-2.72
Sortino ratio: Return per unit of downside risk	1.19	5.55	-4.36
Omega ratio: Gain probability vs. loss probability	1.14	1.75	-0.61
Calmar ratio: Return relative to maximum drawdown	0.81	8.22	-7.41
Martin ratio: Return relative to average drawdown	1.83	30.99	-29.16

URNJ vs. IBID - Sharpe Ratio Comparison

The current URNJ Sharpe Ratio is 0.57, which is lower than the IBID Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of URNJ and IBID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

URNJ vs. IBID - Drawdown Comparison

The maximum URNJ drawdown since its inception was -59.21%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for URNJ and IBID.

Drawdown Indicators

	URNJ	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-59.21%	-1.28%	-57.93%
Max Drawdown (1Y) Largest decline over 1 year	-43.66%	-0.49%	-43.17%
Max Drawdown (3Y) Largest decline over 3 years	-59.21%	—	—
Current Drawdown Current decline from peak	-37.82%	-0.49%	-37.33%
Average Drawdown Average peak-to-trough decline	-21.53%	-0.22%	-21.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.31%	0.13%	+19.18%

Volatility

URNJ vs. IBID - Volatility Comparison

Sprott Junior Uranium Miners ETF (URNJ) has a higher volatility of 19.76% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that URNJ's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URNJ	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.76%	0.35%	+19.41%
Volatility (6M) Calculated over the trailing 6-month period	47.08%	0.86%	+46.22%
Volatility (1Y) Calculated over the trailing 1-year period	61.91%	1.23%	+60.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.69%	2.24%	+51.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.69%	2.24%	+51.45%

URNJ vs. IBID - Expense Ratio Comparison

URNJ has a 0.80% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

URNJ vs. IBID - Dividend Comparison

URNJ's dividend yield for the trailing twelve months is around 6.60%, more than IBID's 3.68% yield.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.68%	4.43%	4.24%	0.81%
URNJ Sprott Junior Uranium Miners ETF	6.60%	6.58%	4.33%	4.03%

Frequently Asked Questions

Can I hold both URNJ and IBID in my portfolio?

URNJ and IBID have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, URNJ or IBID?

URNJ has higher volatility (19.76%) compared to IBID (0.35%). In terms of maximum drawdown, URNJ dropped -59.21% vs IBID's -1.28%.

Which ETF is better, URNJ or IBID?

On 1-year performance, URNJ leads with 35.18% vs 4.04% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, URNJ or IBID?

Over the 1-year period, URNJ has performed better with a 35.18% return vs 4.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, URNJ or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.80% for URNJ.

Which ETF pays a higher dividend yield, URNJ or IBID?

URNJ has the higher dividend yield at 6.60%, compared with 3.68% for IBID.

What is the main difference between URNJ and IBID?

URNJ is categorized as Uranium, while IBID is Inflation-Protected Bonds. URNJ tracks Nasdaq Sprott Junior Uranium Miners Index - Benchmark TR Gross, while IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: Sprott and iShares. Their fees differ too: 0.80% for URNJ and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.29 vs 0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.