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URNM vs. FPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


URNMFPX
YTD Return-3.63%29.80%
1Y Return6.96%54.70%
3Y Return (Ann)0.09%-2.49%
Sharpe Ratio0.222.42
Sortino Ratio0.623.24
Omega Ratio1.071.41
Calmar Ratio0.251.31
Martin Ratio0.5411.77
Ulcer Index16.61%4.46%
Daily Std Dev40.22%21.66%
Max Drawdown-42.55%-56.29%
Current Drawdown-20.90%-7.26%

Correlation

-0.50.00.51.00.5

The correlation between URNM and FPX is 0.48, 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. FPX - Performance Comparison

In the year-to-date period, URNM achieves a -3.63% return, which is significantly lower than FPX's 29.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-14.92%
21.43%
URNM
FPX

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URNM vs. FPX - Expense Ratio Comparison

URNM has a 0.85% expense ratio, which is higher than FPX's 0.57% expense ratio.


URNM
NorthShore Global Uranium Mining ETF
Expense ratio chart for URNM: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for FPX: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%

Risk-Adjusted Performance

URNM vs. FPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NorthShore Global Uranium Mining ETF (URNM) and First Trust US Equity Opportunities ETF (FPX). 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.


URNM
Sharpe ratio
The chart of Sharpe ratio for URNM, currently valued at 0.22, compared to the broader market-2.000.002.004.006.000.22
Sortino ratio
The chart of Sortino ratio for URNM, currently valued at 0.62, compared to the broader market-2.000.002.004.006.008.0010.0012.000.62
Omega ratio
The chart of Omega ratio for URNM, currently valued at 1.07, compared to the broader market1.001.502.002.503.001.07
Calmar ratio
The chart of Calmar ratio for URNM, currently valued at 0.25, compared to the broader market0.005.0010.0015.000.25
Martin ratio
The chart of Martin ratio for URNM, currently valued at 0.54, compared to the broader market0.0020.0040.0060.0080.00100.00120.000.54
FPX
Sharpe ratio
The chart of Sharpe ratio for FPX, currently valued at 2.42, compared to the broader market-2.000.002.004.006.002.42
Sortino ratio
The chart of Sortino ratio for FPX, currently valued at 3.24, compared to the broader market-2.000.002.004.006.008.0010.0012.003.24
Omega ratio
The chart of Omega ratio for FPX, currently valued at 1.41, compared to the broader market1.001.502.002.503.001.41
Calmar ratio
The chart of Calmar ratio for FPX, currently valued at 1.31, compared to the broader market0.005.0010.0015.001.31
Martin ratio
The chart of Martin ratio for FPX, currently valued at 11.77, compared to the broader market0.0020.0040.0060.0080.00100.00120.0011.77

URNM vs. FPX - Sharpe Ratio Comparison

The current URNM Sharpe Ratio is 0.22, which is lower than the FPX Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of URNM and FPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.22
2.42
URNM
FPX

Dividends

URNM vs. FPX - Dividend Comparison

URNM's dividend yield for the trailing twelve months is around 3.76%, more than FPX's 0.02% yield.


TTM20232022202120202019201820172016201520142013
URNM
NorthShore Global Uranium Mining ETF
3.76%3.63%0.00%6.70%2.57%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FPX
First Trust US Equity Opportunities ETF
0.02%0.27%1.08%0.14%0.28%0.67%0.88%0.68%0.77%0.62%0.79%0.51%

Drawdowns

URNM vs. FPX - Drawdown Comparison

The maximum URNM drawdown since its inception was -42.55%, smaller than the maximum FPX drawdown of -56.29%. Use the drawdown chart below to compare losses from any high point for URNM and FPX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-20.90%
-7.26%
URNM
FPX

Volatility

URNM vs. FPX - Volatility Comparison

NorthShore Global Uranium Mining ETF (URNM) has a higher volatility of 10.13% compared to First Trust US Equity Opportunities ETF (FPX) at 6.90%. This indicates that URNM's price experiences larger fluctuations and is considered to be riskier than FPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
10.13%
6.90%
URNM
FPX