URNM.AX vs. GLIN.AX
URNM.AX (BetaShares Global Uranium ETF) and GLIN.AX (iShares Core FTSE Global Infrastructure (AUD Hedged) ETF) are both Global Equities funds - URNM.AX tracks the BetaShares Global Uranium Index while GLIN.AX tracks the iShares Core FTSE Global Infrastructure (AUD Hedged) Index. Both are passively managed. Over the past 3 years, URNM.AX returned 21.15%/yr vs 12.07%/yr for GLIN.AX. At a 0.09 correlation, their price movements are largely independent.
Performance
URNM.AX vs. GLIN.AX - Performance Comparison
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Returns By Period
In the year-to-date period, URNM.AX achieves a -4.77% return, which is significantly lower than GLIN.AX's 12.44% return.
URNM.AX
- 1D
- -1.41%
- 1M
- -6.63%
- 6M
- -18.81%
- YTD
- -4.77%
- 1Y
- 15.26%
- 3Y*
- 21.15%
- 5Y*
- —
- 10Y*
- —
GLIN.AX
- 1D
- -0.77%
- 1M
- 0.78%
- 6M
- 12.69%
- YTD
- 12.44%
- 1Y
- 17.78%
- 3Y*
- 12.07%
- 5Y*
- —
- 10Y*
- —
URNM.AX vs. GLIN.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
URNM.AX BetaShares Global Uranium ETF | -4.77% | 33.59% | -5.17% | 54.80% |
GLIN.AX iShares Core FTSE Global Infrastructure (AUD Hedged) ETF | 12.44% | 12.04% | 12.01% | 0.06% |
Correlation
The correlation between URNM.AX and GLIN.AX is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.09 |
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Return for Risk
URNM.AX vs. GLIN.AX — Risk / Return Rank
URNM.AX
GLIN.AX
URNM.AX vs. GLIN.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaShares Global Uranium ETF (URNM.AX) and iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN.AX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| URNM.AX | GLIN.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.30 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 3.19 | -2.83 |
| Martin ratioReturn relative to average drawdown | 0.71 | 9.92 | -9.21 |
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Drawdowns
URNM.AX vs. GLIN.AX - Drawdown Comparison
The maximum URNM.AX drawdown since its inception was -45.88%, which is greater than GLIN.AX's maximum drawdown of -12.66%. Use the drawdown chart below to compare losses from any high point for URNM.AX and GLIN.AX.
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Drawdown Indicators
| URNM.AX | GLIN.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.88% | -12.66% | -33.22% |
Max Drawdown (1Y)Largest decline over 1 year | -34.67% | -5.76% | -28.91% |
Max Drawdown (3Y)Largest decline over 3 years | -45.88% | -12.66% | -33.22% |
Current DrawdownCurrent decline from peak | -34.20% | -1.16% | -33.04% |
Average DrawdownAverage peak-to-trough decline | -16.24% | -2.24% | -14.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.57% | 1.87% | +15.70% |
Volatility
URNM.AX vs. GLIN.AX - Volatility Comparison
BetaShares Global Uranium ETF (URNM.AX) has a higher volatility of 8.19% compared to iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN.AX) at 3.15%. This indicates that URNM.AX's price experiences larger fluctuations and is considered to be riskier than GLIN.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| URNM.AX | GLIN.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.19% | 3.15% | +5.04% |
Volatility (6M)Calculated over the trailing 6-month period | 34.37% | 8.80% | +25.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.90% | 10.72% | +36.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.55% | 12.33% | +27.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.55% | 12.33% | +27.22% |
Dividends
URNM.AX vs. GLIN.AX - Dividend Comparison
URNM.AX's dividend yield for the trailing twelve months is around 2.21%, less than GLIN.AX's 5.93% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GLIN.AX iShares Core FTSE Global Infrastructure (AUD Hedged) ETF | 5.93% | 2.94% | 2.60% | 1.16% |
URNM.AX BetaShares Global Uranium ETF | 2.21% | 2.27% | 2.26% | 0.04% |
Frequently Asked Questions
URNM.AX and GLIN.AX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
URNM.AX tracks BetaShares Global Uranium Index, while GLIN.AX tracks iShares Core FTSE Global Infrastructure (AUD Hedged) Index. They also come from different issuers: BetaShares and iShares.
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