PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
URNM vs. NLR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

URNM vs. NLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NorthShore Global Uranium Mining ETF (URNM) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-10.36%
12.17%
URNM
NLR

Returns By Period

In the year-to-date period, URNM achieves a 3.05% return, which is significantly lower than NLR's 33.81% return.


URNM

YTD

3.05%

1M

-4.38%

6M

-10.36%

1Y

4.25%

5Y (annualized)

N/A

10Y (annualized)

N/A

NLR

YTD

33.81%

1M

0.93%

6M

12.17%

1Y

33.96%

5Y (annualized)

17.85%

10Y (annualized)

10.04%

Key characteristics


URNMNLR
Sharpe Ratio0.111.28
Sortino Ratio0.461.94
Omega Ratio1.051.23
Calmar Ratio0.121.62
Martin Ratio0.264.28
Ulcer Index17.04%8.12%
Daily Std Dev40.47%27.18%
Max Drawdown-42.55%-66.96%
Current Drawdown-15.42%-0.72%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


URNM vs. NLR - Expense Ratio Comparison

URNM has a 0.85% expense ratio, which is higher than NLR's 0.60% 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 NLR: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Correlation

-0.50.00.51.00.7

The correlation between URNM and NLR is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

URNM vs. NLR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NorthShore Global Uranium Mining ETF (URNM) and VanEck Vectors Uranium+Nuclear Energy ETF (NLR). 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.


Sharpe ratio
The chart of Sharpe ratio for URNM, currently valued at 0.11, compared to the broader market0.002.004.000.111.28
The chart of Sortino ratio for URNM, currently valued at 0.46, compared to the broader market-2.000.002.004.006.008.0010.0012.000.461.94
The chart of Omega ratio for URNM, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.001.051.23
The chart of Calmar ratio for URNM, currently valued at 0.12, compared to the broader market0.005.0010.0015.000.121.62
The chart of Martin ratio for URNM, currently valued at 0.26, compared to the broader market0.0020.0040.0060.0080.00100.000.264.28
URNM
NLR

The current URNM Sharpe Ratio is 0.11, which is lower than the NLR Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of URNM and NLR, 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 Ratio-0.500.000.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
0.11
1.28
URNM
NLR

Dividends

URNM vs. NLR - Dividend Comparison

URNM's dividend yield for the trailing twelve months is around 3.52%, more than NLR's 3.39% yield.


TTM20232022202120202019201820172016201520142013
URNM
NorthShore Global Uranium Mining ETF
3.52%3.63%0.00%6.70%2.57%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NLR
VanEck Vectors Uranium+Nuclear Energy ETF
3.39%4.54%2.02%1.99%2.23%2.43%3.91%4.86%3.62%3.30%2.48%0.69%

Drawdowns

URNM vs. NLR - Drawdown Comparison

The maximum URNM drawdown since its inception was -42.55%, smaller than the maximum NLR drawdown of -66.96%. Use the drawdown chart below to compare losses from any high point for URNM and NLR. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-15.42%
-0.72%
URNM
NLR

Volatility

URNM vs. NLR - Volatility Comparison

NorthShore Global Uranium Mining ETF (URNM) has a higher volatility of 10.01% compared to VanEck Vectors Uranium+Nuclear Energy ETF (NLR) at 9.40%. This indicates that URNM's price experiences larger fluctuations and is considered to be riskier than NLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
10.01%
9.40%
URNM
NLR