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.
Key characteristics
| URNJ | UEC | |
|---|---|---|
| YTD Return | -2.37% | 23.91% |
| 1Y Return | 7.01% | 42.63% |
| Sharpe Ratio | 0.20 | 0.74 |
| Sortino Ratio | 0.65 | 1.37 |
| Omega Ratio | 1.08 | 1.16 |
| Calmar Ratio | 0.22 | 0.91 |
| Martin Ratio | 0.50 | 2.05 |
| Ulcer Index | 19.75% | 21.40% |
| Daily Std Dev | 49.69% | 59.67% |
| Max Drawdown | -44.46% | -97.40% |
| Current Drawdown | -23.99% | -6.26% |
Correlation
The correlation between URNJ and UEC is 0.83, 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
In the year-to-date period, URNJ achieves a -2.37% return, which is significantly lower than UEC's 23.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 4.13%, while UEC has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
URNJ Sprott Junior Uranium Miners ETF | 4.13% | 4.03% |
UEC Uranium Energy Corp. | 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 12.39%, while Uranium Energy Corp. (UEC) has a volatility of 16.83%. 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.