URNJ vs. URA
Compare and contrast key facts about Sprott Junior Uranium Miners ETF (URNJ) and Global X Uranium ETF (URA).
URNJ and URA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. URA is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components Index. It was launched on Nov 4, 2010. Both URNJ and URA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URNJ or URA.
Key characteristics
| URNJ | URA | |
|---|---|---|
| YTD Return | -2.37% | 12.05% |
| 1Y Return | 7.01% | 23.29% |
| Sharpe Ratio | 0.20 | 0.73 |
| Sortino Ratio | 0.65 | 1.23 |
| Omega Ratio | 1.08 | 1.14 |
| Calmar Ratio | 0.22 | 0.35 |
| Martin Ratio | 0.50 | 2.16 |
| Ulcer Index | 19.75% | 12.15% |
| Daily Std Dev | 49.69% | 35.91% |
| Max Drawdown | -44.46% | -93.54% |
| Current Drawdown | -23.99% | -67.31% |
Correlation
The correlation between URNJ and URA is 0.95, 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. URA - Performance Comparison
In the year-to-date period, URNJ achieves a -2.37% return, which is significantly lower than URA's 12.05% 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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URNJ vs. URA - Expense Ratio Comparison
URNJ has a 0.80% expense ratio, which is higher than URA's 0.69% expense ratio.
Risk-Adjusted Performance
URNJ vs. URA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Uranium Miners ETF (URNJ) and Global X Uranium ETF (URA). 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. URA - Dividend Comparison
URNJ's dividend yield for the trailing twelve months is around 4.13%, less than URA's 5.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URNJ Sprott Junior Uranium Miners ETF | 4.13% | 4.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URA Global X Uranium ETF | 5.51% | 6.07% | 0.76% | 5.85% | 1.69% | 1.66% | 0.45% | 2.03% | 7.28% | 1.96% | 4.28% | 0.54% |
Drawdowns
URNJ vs. URA - Drawdown Comparison
The maximum URNJ drawdown since its inception was -44.46%, smaller than the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for URNJ and URA. For additional features, visit the drawdowns tool.
Volatility
URNJ vs. URA - Volatility Comparison
Sprott Junior Uranium Miners ETF (URNJ) has a higher volatility of 12.39% compared to Global X Uranium ETF (URA) at 10.56%. This indicates that URNJ's price experiences larger fluctuations and is considered to be riskier than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.