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 0.83, 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
Key characteristics
URNJ:
-0.22
UEC:
0.18
URNJ:
0.02
UEC:
0.73
URNJ:
1.00
UEC:
1.08
URNJ:
-0.25
UEC:
0.23
URNJ:
-0.50
UEC:
0.51
URNJ:
22.73%
UEC:
21.81%
URNJ:
50.74%
UEC:
62.72%
URNJ:
-44.46%
UEC:
-97.40%
URNJ:
-31.73%
UEC:
-16.63%
Returns By Period
The year-to-date returns for both stocks are quite close, with URNJ having a 7.37% return and UEC slightly lower at 7.17%.
URNJ
7.37%
-5.72%
-20.17%
-15.85%
N/A
N/A
UEC
7.17%
-10.49%
10.65%
6.07%
51.65%
16.97%
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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 4.04%, while UEC has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
URNJ Sprott Junior Uranium Miners ETF | 4.04% | 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 15.31%, while Uranium Energy Corp. (UEC) has a volatility of 19.75%. 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.