URNJ vs. UEC

Last updated Apr 1, 2026

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.

Performance

URNJ vs. UEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Junior Uranium Miners ETF (URNJ) and Uranium Energy Corp. (UEC). The values are adjusted to include any dividend payments, if applicable.

URNJ vs. UEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
URNJ Sprott Junior Uranium Miners ETF	16.23%	45.35%	-18.34%	19.92%
UEC Uranium Energy Corp.	15.58%	74.59%	4.53%	52.74%

Returns By Period

The year-to-date returns for both stocks are quite close, with URNJ having a 16.23% return and UEC slightly lower at 15.58%.

URNJ

• 1D: 9.99%
• 1M: -15.88%
• YTD: 16.23%
• 6M: 7.68%
• 1Y: 118.59%
• 3Y*: 29.85%
• 5Y*: —
• 10Y*: —

UEC

• 1D: 7.83%
• 1M: -11.94%
• YTD: 15.58%
• 6M: 1.20%
• 1Y: 182.43%
• 3Y*: 67.36%
• 5Y*: 33.28%
• 10Y*: 33.12%

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

Return for Risk

URNJ vs. UEC — Risk / Return Rank

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

URNJ

URNJ Risk / Return Rank: 87
URNJ Sharpe Ratio Rank: 89
URNJ Sortino Ratio Rank: 90
URNJ Omega Ratio Rank: 79
URNJ Calmar Ratio Rank: 94
URNJ Martin Ratio Rank: 82

UEC

UEC Risk / Return Rank: 91
UEC Sharpe Ratio Rank: 94
UEC Sortino Ratio Rank: 91
UEC Omega Ratio Rank: 86
UEC Calmar Ratio Rank: 92
UEC Martin Ratio Rank: 90

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. UEC - Risk-Adjusted Trends 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.

	URNJ	UEC	Difference
Sharpe ratio Return per unit of total volatility	1.88	2.41	-0.53
Sortino ratio Return per unit of downside risk	2.49	2.93	-0.44
Omega ratio Gain probability vs. loss probability	1.30	1.33	-0.04
Calmar ratio Return relative to maximum drawdown	3.55	4.29	-0.75
Martin ratio Return relative to average drawdown	8.73	10.42	-1.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

URNJ vs. UEC - Sharpe Ratio Comparison

The current URNJ Sharpe Ratio is 1.88, which is comparable to the UEC Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of URNJ and UEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	URNJ	UEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	2.41	-0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.04	+0.28

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.

Dividends

URNJ vs. UEC - Dividend Comparison

URNJ's dividend yield for the trailing twelve months is around 5.66%, while UEC has not paid dividends to shareholders.

	TTM	2025	2024	2023
URNJ Sprott Junior Uranium Miners ETF	5.66%	6.58%	4.33%	4.03%
UEC Uranium Energy Corp.	0.00%	0.00%	0.00%	0.00%

Drawdowns

URNJ vs. UEC - Drawdown Comparison

The maximum URNJ drawdown since its inception was -59.21%, 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.

Drawdown Indicators

	URNJ	UEC	Difference
Max Drawdown Largest peak-to-trough decline	-59.21%	-97.40%	+38.19%
Max Drawdown (1Y) Largest decline over 1 year	-34.13%	-39.97%	+5.84%
Max Drawdown (5Y) Largest decline over 5 years	—	-63.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-80.59%	—
Current Drawdown Current decline from peak	-27.55%	-32.97%	+5.42%
Average Drawdown Average peak-to-trough decline	-20.92%	-62.42%	+41.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.87%	16.47%	-2.60%

Volatility

URNJ vs. UEC - Volatility Comparison

The current volatility for Sprott Junior Uranium Miners ETF (URNJ) is 20.63%, while Uranium Energy Corp. (UEC) has a volatility of 23.02%. 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.

Volatility by Period

	URNJ	UEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.63%	23.02%	-2.39%
Volatility (6M) Calculated over the trailing 6-month period	47.79%	56.81%	-9.02%
Volatility (1Y) Calculated over the trailing 1-year period	63.33%	76.25%	-12.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.24%	74.64%	-21.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.24%	73.48%	-20.24%