URNM vs. AM
Compare and contrast key facts about NorthShore Global Uranium Mining ETF (URNM) and Antero Midstream Corporation (AM).
URNM is a passively managed fund by Exchange Traded Concepts that tracks the performance of the North Shore Global Uranium Mining Index. It was launched on Dec 3, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URNM or AM.
Correlation
The correlation between URNM and AM is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
URNM vs. AM - Performance Comparison
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Key characteristics
URNM:
-0.78
AM:
1.43
URNM:
-0.97
AM:
1.94
URNM:
0.89
AM:
1.27
URNM:
-0.61
AM:
2.66
URNM:
-1.09
AM:
8.76
URNM:
28.32%
AM:
4.24%
URNM:
40.89%
AM:
25.56%
URNM:
-50.78%
AM:
-89.37%
URNM:
-36.02%
AM:
0.00%
Returns By Period
In the year-to-date period, URNM achieves a -9.23% return, which is significantly lower than AM's 29.20% return.
URNM
-9.23%
17.05%
-17.96%
-31.80%
26.21%
N/A
AM
29.20%
13.99%
27.84%
36.20%
53.27%
N/A
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Risk-Adjusted Performance
URNM vs. AM — Risk-Adjusted Performance Rank
URNM
AM
URNM vs. AM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NorthShore Global Uranium Mining ETF (URNM) and Antero Midstream Corporation (AM). 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.
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Dividends
URNM vs. AM - Dividend Comparison
URNM's dividend yield for the trailing twelve months is around 3.49%, less than AM's 4.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
URNM NorthShore Global Uranium Mining ETF | 3.49% | 3.17% | 3.63% | 0.00% | 6.70% | 2.57% | 0.00% | 0.00% | 0.00% |
AM Antero Midstream Corporation | 4.75% | 5.96% | 7.18% | 8.34% | 10.15% | 15.95% | 14.25% | 4.04% | 0.44% |
Drawdowns
URNM vs. AM - Drawdown Comparison
The maximum URNM drawdown since its inception was -50.78%, smaller than the maximum AM drawdown of -89.37%. Use the drawdown chart below to compare losses from any high point for URNM and AM. For additional features, visit the drawdowns tool.
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Volatility
URNM vs. AM - Volatility Comparison
NorthShore Global Uranium Mining ETF (URNM) has a higher volatility of 11.25% compared to Antero Midstream Corporation (AM) at 7.52%. This indicates that URNM's price experiences larger fluctuations and is considered to be riskier than AM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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