URNJ vs. SWPPX

Last updated Jun 24, 2026

URNJ (Sprott Junior Uranium Miners ETF) and SWPPX (Schwab S&P 500 Index Fund) are both funds - URNJ is a Uranium fund tracking the Nasdaq Sprott Junior Uranium Miners Index - Benchmark TR Gross, while SWPPX is a Large Cap Blend Equities fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, URNJ returned 19.86%/yr vs 21.36%/yr for SWPPX. At a 0.39 correlation, their price movements are largely independent. URNJ charges 0.80%/yr vs 0.02%/yr for SWPPX.

Performance

URNJ vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Junior Uranium Miners ETF (URNJ) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URNJ achieves a -2.58% return, which is significantly lower than SWPPX's 9.75% return.

URNJ

• 1D: -2.35%
• 1M: -8.77%
• YTD: -2.58%
• 6M: -6.12%
• 1Y: 29.80%
• 3Y*: 19.86%
• 5Y*: —
• 10Y*: —

SWPPX

• 1D: -0.36%
• 1M: 0.10%
• YTD: 9.75%
• 6M: 8.76%
• 1Y: 25.48%
• 3Y*: 21.36%
• 5Y*: 13.58%
• 10Y*: 15.77%

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

URNJ vs. SWPPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
URNJ Sprott Junior Uranium Miners ETF	-2.58%	45.35%	-18.34%	18.66%
SWPPX Schwab S&P 500 Index Fund	9.75%	17.87%	24.96%	17.57%

Correlation

The correlation between URNJ and SWPPX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023	0.39

URNJ vs. SWPPX - Sectors Allocation Comparison

Sectors	URNJ	SWPPX
Energy	95.3%	3.1%
Basic Materials	4.7%	1.7%
Communication Services	-	10.6%
Consumer Cyclical	-	9.9%
Consumer Defensive	-	4.5%
Financial Services	-	11.1%
Healthcare	-	8.3%
Industrials	-	7.8%
Real Estate	-	1.8%
Technology	-	39.0%
Utilities	-	2.1%

Return for Risk

URNJ vs. SWPPX — Risk / Return Rank

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

URNJ

URNJ Risk / Return Rank: 18
URNJ Sharpe Ratio Rank: 16
URNJ Sortino Ratio Rank: 20
URNJ Omega Ratio Rank: 19
URNJ Calmar Ratio Rank: 17
URNJ Martin Ratio Rank: 16

SWPPX

SWPPX Risk / Return Rank: 65
SWPPX Sharpe Ratio Rank: 63
SWPPX Sortino Ratio Rank: 56
SWPPX Omega Ratio Rank: 59
SWPPX Calmar Ratio Rank: 68
SWPPX Martin Ratio Rank: 78

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. SWPPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Uranium Miners ETF (URNJ) and Schwab S&P 500 Index Fund (SWPPX). 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	SWPPX	Difference
Sharpe ratio: Return per unit of total volatility	0.48	2.14	-1.66
Sortino ratio: Return per unit of downside risk	1.09	2.89	-1.80
Omega ratio: Gain probability vs. loss probability	1.13	1.39	-0.26
Calmar ratio: Return relative to maximum drawdown	0.69	3.02	-2.33
Martin ratio: Return relative to average drawdown	1.53	13.59	-12.05

URNJ vs. SWPPX - Sharpe Ratio Comparison

The current URNJ Sharpe Ratio is 0.48, which is lower than the SWPPX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of URNJ and SWPPX, 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. SWPPX - Drawdown Comparison

The maximum URNJ drawdown since its inception was -59.21%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for URNJ and SWPPX.

Drawdown Indicators

	URNJ	SWPPX	Difference
Max Drawdown Largest peak-to-trough decline	-59.21%	-55.06%	-4.15%
Max Drawdown (1Y) Largest decline over 1 year	-43.66%	-8.89%	-34.77%
Max Drawdown (3Y) Largest decline over 3 years	-59.21%	-18.74%	-40.47%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.51%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.80%	—
Current Drawdown Current decline from peak	-39.28%	-1.74%	-37.54%
Average Drawdown Average peak-to-trough decline	-21.55%	-9.93%	-11.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.47%	1.97%	+17.50%

Volatility

URNJ vs. SWPPX - Volatility Comparison

Sprott Junior Uranium Miners ETF (URNJ) has a higher volatility of 19.82% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.73%. This indicates that URNJ's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URNJ	SWPPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.82%	4.73%	+15.09%
Volatility (6M) Calculated over the trailing 6-month period	47.06%	9.87%	+37.19%
Volatility (1Y) Calculated over the trailing 1-year period	61.84%	12.53%	+49.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.68%	17.02%	+36.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.68%	18.27%	+35.41%

URNJ vs. SWPPX - Expense Ratio Comparison

URNJ has a 0.80% expense ratio, which is higher than SWPPX's 0.02% expense ratio.

Dividends

URNJ vs. SWPPX - Dividend Comparison

URNJ's dividend yield for the trailing twelve months is around 6.76%, more than SWPPX's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWPPX Schwab S&P 500 Index Fund	1.01%	1.11%	1.23%	1.43%	1.67%	1.27%	1.81%	1.95%	2.67%	1.79%	2.55%	3.17%
URNJ Sprott Junior Uranium Miners ETF	6.76%	6.58%	4.33%	4.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both URNJ and SWPPX in my portfolio?

URNJ and SWPPX have a correlation of 0.43, 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 SWPPX?

URNJ has higher volatility (19.82%) compared to SWPPX (4.73%). In terms of maximum drawdown, URNJ dropped -59.21% vs SWPPX's -55.06%.

Which has better risk-adjusted returns?

SWPPX currently has the higher Sharpe Ratio (2.14 vs 0.48), 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.