URNJ vs. UEC
Compare and contrast key facts about Sprott Junior Uranium Miners ETF (URNJ) and Uranium Energy Corp. (UEC).
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 UEC.
Correlation
The correlation between URNJ and UEC is 0.84, 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
URNJ vs. UEC - Performance Comparison
Key characteristics
URNJ:
-0.62
UEC:
-0.32
URNJ:
-0.70
UEC:
-0.07
URNJ:
0.92
UEC:
0.99
URNJ:
-0.71
UEC:
-0.43
URNJ:
-1.29
UEC:
-1.07
URNJ:
24.36%
UEC:
19.15%
URNJ:
50.57%
UEC:
63.43%
URNJ:
-44.46%
UEC:
-97.40%
URNJ:
-39.74%
UEC:
-30.35%
Returns By Period
In the year-to-date period, URNJ achieves a -5.22% return, which is significantly higher than UEC's -10.46% return.
URNJ
-5.22%
-11.95%
-5.59%
-26.64%
N/A
N/A
UEC
-10.46%
-15.40%
18.85%
-10.73%
48.42%
15.04%
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Risk-Adjusted Performance
URNJ vs. UEC — Risk-Adjusted Performance Rank
URNJ
UEC
URNJ vs. UEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Uranium Miners ETF (URNJ) and Uranium Energy Corp. (UEC). 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. UEC - Dividend Comparison
URNJ's dividend yield for the trailing twelve months is around 4.57%, while UEC has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
URNJ Sprott Junior Uranium Miners ETF | 4.57% | 4.33% | 4.03% |
UEC Uranium Energy Corp. | 0.00% | 0.00% | 0.00% |
Drawdowns
URNJ vs. UEC - Drawdown Comparison
The maximum URNJ drawdown since its inception was -44.46%, smaller than the maximum UEC drawdown of -97.40%. Use the drawdown chart below to compare losses from any high point for URNJ and UEC. For additional features, visit the drawdowns tool.
Volatility
URNJ vs. UEC - Volatility Comparison
The current volatility for Sprott Junior Uranium Miners ETF (URNJ) is 16.85%, while Uranium Energy Corp. (UEC) has a volatility of 20.79%. This indicates that URNJ experiences smaller price fluctuations and is considered to be less risky than UEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.