URNM vs. AMPX
URNM (Sprott Uranium Miners ETF) is Commodity Producers Equities fund tracking the VettaFi Global Uranium Miners Index, while AMPX (Amprius Technologies Inc.) is a stock. Over the past 3 years, URNM returned 20.14%/yr vs 16.37%/yr for AMPX. At a 0.27 correlation, their price movements are largely independent.
Performance
URNM vs. AMPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, URNM achieves a -0.56% return, which is significantly lower than AMPX's 106.72% return.
URNM
- 1D
- 0.53%
- 1M
- -14.56%
- YTD
- -0.56%
- 6M
- -0.53%
- 1Y
- 31.54%
- 3Y*
- 20.14%
- 5Y*
- 12.61%
- 10Y*
- —
AMPX
- 1D
- -4.62%
- 1M
- -6.91%
- YTD
- 106.72%
- 6M
- 49.50%
- 1Y
- 313.96%
- 3Y*
- 16.37%
- 5Y*
- —
- 10Y*
- —
URNM vs. AMPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
URNM Sprott Uranium Miners ETF | -0.56% | 40.78% | -14.13% | 57.80% | -18.60% |
AMPX Amprius Technologies Inc. | 106.72% | 181.79% | -47.07% | -33.29% | -11.99% |
Correlation
The correlation between URNM and AMPX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2022 | 0.27 |
The correlation between URNM and AMPX shifts across timeframes, from 0.27 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
URNM vs. AMPX — Risk / Return Rank
URNM
AMPX
URNM vs. AMPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Uranium Miners ETF (URNM) and Amprius Technologies Inc. (AMPX). 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 | AMPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.34 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 6.82 | -6.00 |
| Martin ratioReturn relative to average drawdown | 2.00 | 16.45 | -14.45 |
Loading charts...
Drawdowns
URNM vs. AMPX - Drawdown Comparison
The maximum URNM drawdown since its inception was -50.78%, smaller than the maximum AMPX drawdown of -94.49%. Use the drawdown chart below to compare losses from any high point for URNM and AMPX.
Loading charts...
Drawdown Indicators
| URNM | AMPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.78% | -94.49% | +43.71% |
Max Drawdown (1Y)Largest decline over 1 year | -38.72% | -46.41% | +7.69% |
Max Drawdown (3Y)Largest decline over 3 years | -50.78% | -92.44% | +41.66% |
Max Drawdown (5Y)Largest decline over 5 years | -50.78% | — | — |
Current DrawdownCurrent decline from peak | -35.02% | -28.81% | -6.21% |
Average DrawdownAverage peak-to-trough decline | -18.09% | -54.95% | +36.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.78% | 19.19% | -3.41% |
Volatility
URNM vs. AMPX - Volatility Comparison
The current volatility for Sprott Uranium Miners ETF (URNM) is 17.40%, while Amprius Technologies Inc. (AMPX) has a volatility of 33.62%. This indicates that URNM experiences smaller price fluctuations and is considered to be less risky than AMPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| URNM | AMPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.40% | 33.62% | -16.22% |
Volatility (6M)Calculated over the trailing 6-month period | 41.84% | 79.90% | -38.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.48% | 109.24% | -56.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.58% | 128.75% | -80.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.04% | 128.75% | -81.71% |
Dividends
URNM vs. AMPX - Dividend Comparison
URNM's dividend yield for the trailing twelve months is around 3.19%, while AMPX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
AMPX Amprius Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URNM Sprott Uranium Miners ETF | 3.19% | 3.18% | 3.18% | 3.63% | 0.00% | 6.70% | 2.57% |
Frequently Asked Questions
URNM and AMPX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMPX has higher volatility (33.62%) compared to URNM (17.40%). In terms of maximum drawdown, URNM dropped -50.78% vs AMPX's -94.49%.
AMPX currently has the higher Sharpe Ratio (2.93 vs 0.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for URNM and AMPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer