URNM vs. FXZ
Compare and contrast key facts about NorthShore Global Uranium Mining ETF (URNM) and First Trust Materials AlphaDEX Fund (FXZ).
URNM and FXZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FXZ is a passively managed fund by First Trust that tracks the performance of the StrataQuant Materials Index. It was launched on May 8, 2007. Both URNM and FXZ 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: URNM or FXZ.
Key characteristics
| URNM | FXZ | |
|---|---|---|
| YTD Return | -3.63% | -3.21% |
| 1Y Return | 6.96% | 12.38% |
| 3Y Return (Ann) | 0.09% | 3.73% |
| Sharpe Ratio | 0.22 | 0.61 |
| Sortino Ratio | 0.62 | 0.98 |
| Omega Ratio | 1.07 | 1.12 |
| Calmar Ratio | 0.25 | 0.67 |
| Martin Ratio | 0.54 | 1.71 |
| Ulcer Index | 16.61% | 6.81% |
| Daily Std Dev | 40.22% | 18.92% |
| Max Drawdown | -42.55% | -65.46% |
| Current Drawdown | -20.90% | -7.61% |
Correlation
The correlation between URNM and FXZ is 0.49, 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. FXZ - Performance Comparison
In the year-to-date period, URNM achieves a -3.63% return, which is significantly lower than FXZ's -3.21% 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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URNM vs. FXZ - Expense Ratio Comparison
URNM has a 0.85% expense ratio, which is higher than FXZ's 0.67% expense ratio.
Risk-Adjusted Performance
URNM vs. FXZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NorthShore Global Uranium Mining ETF (URNM) and First Trust Materials AlphaDEX Fund (FXZ). 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
URNM vs. FXZ - Dividend Comparison
URNM's dividend yield for the trailing twelve months is around 3.76%, more than FXZ's 1.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FXZ First Trust Materials AlphaDEX Fund | 1.51% | 1.97% | 1.56% | 1.11% | 1.51% | 1.58% | 1.38% | 1.01% | 1.19% | 1.26% | 1.73% | 0.90% |
Drawdowns
URNM vs. FXZ - Drawdown Comparison
The maximum URNM drawdown since its inception was -42.55%, smaller than the maximum FXZ drawdown of -65.46%. Use the drawdown chart below to compare losses from any high point for URNM and FXZ. For additional features, visit the drawdowns tool.
Volatility
URNM vs. FXZ - Volatility Comparison
NorthShore Global Uranium Mining ETF (URNM) has a higher volatility of 10.13% compared to First Trust Materials AlphaDEX Fund (FXZ) at 5.63%. This indicates that URNM's price experiences larger fluctuations and is considered to be riskier than FXZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.