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

Correlation

The correlation between URNM and TAN is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

URNM vs. TAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NorthShore Global Uranium Mining ETF (URNM) and Invesco Solar ETF (TAN). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%AugustSeptemberOctoberNovemberDecember2025
-10.60%
-18.28%
URNM
TAN

Key characteristics

Sharpe Ratio

URNM:

-0.62

TAN:

-0.65

Sortino Ratio

URNM:

-0.74

TAN:

-0.78

Omega Ratio

URNM:

0.92

TAN:

0.91

Calmar Ratio

URNM:

-0.67

TAN:

-0.30

Martin Ratio

URNM:

-1.26

TAN:

-1.49

Ulcer Index

URNM:

19.35%

TAN:

17.21%

Daily Std Dev

URNM:

39.23%

TAN:

39.25%

Max Drawdown

URNM:

-42.55%

TAN:

-95.29%

Current Drawdown

URNM:

-27.25%

TAN:

-84.22%

Returns By Period

In the year-to-date period, URNM achieves a 3.23% return, which is significantly lower than TAN's 3.71% return.


URNM

YTD

3.23%

1M

-0.90%

6M

-10.60%

1Y

-24.32%

5Y*

30.69%

10Y*

N/A

TAN

YTD

3.71%

1M

1.05%

6M

-18.28%

1Y

-22.02%

5Y*

0.54%

10Y*

1.47%

*Annualized

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. TAN - Expense Ratio Comparison

URNM has a 0.85% expense ratio, which is higher than TAN's 0.69% 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 TAN: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

URNM vs. TAN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

URNM
The Risk-Adjusted Performance Rank of URNM is 22
Overall Rank
The Sharpe Ratio Rank of URNM is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of URNM is 33
Sortino Ratio Rank
The Omega Ratio Rank of URNM is 33
Omega Ratio Rank
The Calmar Ratio Rank of URNM is 11
Calmar Ratio Rank
The Martin Ratio Rank of URNM is 22
Martin Ratio Rank

TAN
The Risk-Adjusted Performance Rank of TAN is 22
Overall Rank
The Sharpe Ratio Rank of TAN is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of TAN is 33
Sortino Ratio Rank
The Omega Ratio Rank of TAN is 33
Omega Ratio Rank
The Calmar Ratio Rank of TAN is 33
Calmar Ratio Rank
The Martin Ratio Rank of TAN is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

URNM vs. TAN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NorthShore Global Uranium Mining ETF (URNM) and Invesco Solar ETF (TAN). 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 -0.62, compared to the broader market0.002.004.00-0.62-0.65
The chart of Sortino ratio for URNM, currently valued at -0.74, compared to the broader market-2.000.002.004.006.008.0010.0012.00-0.74-0.78
The chart of Omega ratio for URNM, currently valued at 0.92, compared to the broader market0.501.001.502.002.503.000.920.91
The chart of Calmar ratio for URNM, currently valued at -0.67, compared to the broader market0.005.0010.0015.00-0.67-0.35
The chart of Martin ratio for URNM, currently valued at -1.26, compared to the broader market0.0020.0040.0060.0080.00100.00-1.26-1.49
URNM
TAN

The current URNM Sharpe Ratio is -0.62, which is comparable to the TAN Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of URNM and TAN, 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-1.00-0.500.000.501.00AugustSeptemberOctoberNovemberDecember2025
-0.62
-0.65
URNM
TAN

Dividends

URNM vs. TAN - Dividend Comparison

URNM's dividend yield for the trailing twelve months is around 3.07%, more than TAN's 0.48% yield.


TTM20242023202220212020201920182017201620152014
URNM
NorthShore Global Uranium Mining ETF
3.07%3.17%3.63%0.00%6.70%2.57%0.00%0.00%0.00%0.00%0.00%0.00%
TAN
Invesco Solar ETF
0.48%0.50%0.09%0.00%0.00%0.09%0.30%0.70%1.77%5.04%1.60%1.88%

Drawdowns

URNM vs. TAN - Drawdown Comparison

The maximum URNM drawdown since its inception was -42.55%, smaller than the maximum TAN drawdown of -95.29%. Use the drawdown chart below to compare losses from any high point for URNM and TAN. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%AugustSeptemberOctoberNovemberDecember2025
-27.25%
-71.66%
URNM
TAN

Volatility

URNM vs. TAN - Volatility Comparison

NorthShore Global Uranium Mining ETF (URNM) and Invesco Solar ETF (TAN) have volatilities of 10.64% and 10.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%AugustSeptemberOctoberNovemberDecember2025
10.64%
10.67%
URNM
TAN
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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