URNM vs. URNJ
Compare and contrast key facts about NorthShore Global Uranium Mining ETF (URNM) and Sprott Junior Uranium Miners ETF (URNJ).
URNM and URNJ 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. URNJ is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Junior Uranium Miners Index - Benchmark TR Gross. It was launched on Feb 1, 2023. Both URNM and URNJ 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 URNJ.
Correlation
The correlation between URNM and URNJ is 0.39, 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.
Performance
URNM vs. URNJ - Performance Comparison
Key characteristics
URNM:
-0.74
URNJ:
-0.71
URNM:
-0.93
URNJ:
-0.89
URNM:
0.89
URNJ:
0.90
URNM:
-0.60
URNJ:
-0.64
URNM:
-1.14
URNJ:
-1.17
URNM:
26.93%
URNJ:
32.22%
URNM:
41.59%
URNJ:
53.62%
URNM:
-50.78%
URNJ:
-59.21%
URNM:
-40.60%
URNJ:
-48.02%
Returns By Period
In the year-to-date period, URNM achieves a -15.73% return, which is significantly higher than URNJ's -18.25% return.
URNM
-15.73%
1.92%
-29.35%
-31.52%
23.07%
N/A
URNJ
-18.25%
2.84%
-35.95%
-38.38%
N/A
N/A
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URNM vs. URNJ - Expense Ratio Comparison
URNM has a 0.85% expense ratio, which is higher than URNJ's 0.80% expense ratio.
Risk-Adjusted Performance
URNM vs. URNJ — Risk-Adjusted Performance Rank
URNM
URNJ
URNM vs. URNJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NorthShore Global Uranium Mining ETF (URNM) and Sprott Junior Uranium Miners ETF (URNJ). 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. URNJ - Dividend Comparison
URNM's dividend yield for the trailing twelve months is around 3.76%, less than URNJ's 5.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
URNM NorthShore Global Uranium Mining ETF | 3.76% | 3.17% | 3.63% | 0.00% | 6.70% | 2.57% |
URNJ Sprott Junior Uranium Miners ETF | 5.30% | 4.33% | 4.03% | 0.00% | 0.00% | 0.00% |
Drawdowns
URNM vs. URNJ - Drawdown Comparison
The maximum URNM drawdown since its inception was -50.78%, smaller than the maximum URNJ drawdown of -59.21%. Use the drawdown chart below to compare losses from any high point for URNM and URNJ. For additional features, visit the drawdowns tool.
Volatility
URNM vs. URNJ - Volatility Comparison
The current volatility for NorthShore Global Uranium Mining ETF (URNM) is 16.68%, while Sprott Junior Uranium Miners ETF (URNJ) has a volatility of 21.13%. This indicates that URNM experiences smaller price fluctuations and is considered to be less risky than URNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.