URNJ vs. NEP
Compare and contrast key facts about Sprott Junior Uranium Miners ETF (URNJ) and NextEra Energy Partners, LP (NEP).
URNJ is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Junior Uranium Miners Index - Benchmark TR Gross. It was launched on Feb 1, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URNJ or NEP.
Correlation
The correlation between URNJ and NEP is 0.19, 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.
Performance
URNJ vs. NEP - Performance Comparison
Key characteristics
URNJ:
-0.22
NEP:
-0.67
URNJ:
0.02
NEP:
-0.76
URNJ:
1.00
NEP:
0.91
URNJ:
-0.25
NEP:
-0.41
URNJ:
-0.50
NEP:
-1.27
URNJ:
22.73%
NEP:
24.74%
URNJ:
50.74%
NEP:
46.85%
URNJ:
-44.46%
NEP:
-76.65%
URNJ:
-31.73%
NEP:
-73.14%
Returns By Period
In the year-to-date period, URNJ achieves a 7.37% return, which is significantly higher than NEP's 2.58% return.
URNJ
7.37%
-5.72%
-20.17%
-15.85%
N/A
N/A
NEP
2.58%
1.61%
-24.37%
-30.11%
-13.92%
-2.07%
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Risk-Adjusted Performance
URNJ vs. NEP — Risk-Adjusted Performance Rank
URNJ
NEP
URNJ vs. NEP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Uranium Miners ETF (URNJ) and NextEra Energy Partners, LP (NEP). 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
URNJ vs. NEP - Dividend Comparison
URNJ's dividend yield for the trailing twelve months is around 4.04%, less than NEP's 19.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URNJ Sprott Junior Uranium Miners ETF | 4.04% | 4.33% | 4.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEP NextEra Energy Partners, LP | 19.69% | 20.20% | 11.11% | 4.27% | 3.08% | 3.38% | 3.74% | 3.98% | 3.46% | 5.08% | 3.03% | 0.56% |
Drawdowns
URNJ vs. NEP - Drawdown Comparison
The maximum URNJ drawdown since its inception was -44.46%, smaller than the maximum NEP drawdown of -76.65%. Use the drawdown chart below to compare losses from any high point for URNJ and NEP. For additional features, visit the drawdowns tool.
Volatility
URNJ vs. NEP - Volatility Comparison
Sprott Junior Uranium Miners ETF (URNJ) has a higher volatility of 15.31% compared to NextEra Energy Partners, LP (NEP) at 6.93%. This indicates that URNJ's price experiences larger fluctuations and is considered to be riskier than NEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.