URNM vs. URNP.L
Compare and contrast key facts about NorthShore Global Uranium Mining ETF (URNM) and HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L).
URNM and URNP.L 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. URNP.L is a passively managed fund by HANetf that tracks the performance of the S&P Global Natural Resources TR USD. It was launched on May 3, 2022. Both URNM and URNP.L 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 URNP.L.
Correlation
The correlation between URNM and URNP.L is 0.38, 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. URNP.L - Performance Comparison
Key characteristics
URNM:
-0.70
URNP.L:
-0.90
URNM:
-0.87
URNP.L:
-1.26
URNM:
0.90
URNP.L:
0.86
URNM:
-0.58
URNP.L:
-0.66
URNM:
-1.09
URNP.L:
-1.22
URNM:
26.80%
URNP.L:
27.47%
URNM:
41.59%
URNP.L:
37.22%
URNM:
-50.78%
URNP.L:
-51.01%
URNM:
-40.03%
URNP.L:
-43.24%
Returns By Period
In the year-to-date period, URNM achieves a -14.91% return, which is significantly higher than URNP.L's -20.28% return.
URNM
-14.91%
-1.24%
-29.59%
-29.53%
23.59%
N/A
URNP.L
-20.28%
-5.58%
-31.12%
-34.29%
N/A
N/A
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URNM vs. URNP.L - Expense Ratio Comparison
Both URNM and URNP.L have an expense ratio of 0.85%.
Risk-Adjusted Performance
URNM vs. URNP.L — Risk-Adjusted Performance Rank
URNM
URNP.L
URNM vs. URNP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NorthShore Global Uranium Mining ETF (URNM) and HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L). 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. URNP.L - Dividend Comparison
URNM's dividend yield for the trailing twelve months is around 3.73%, while URNP.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
URNM NorthShore Global Uranium Mining ETF | 3.73% | 3.17% | 3.63% | 0.00% | 6.70% | 2.57% |
URNP.L HANetf Sprott Uranium Miners UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
URNM vs. URNP.L - Drawdown Comparison
The maximum URNM drawdown since its inception was -50.78%, roughly equal to the maximum URNP.L drawdown of -51.01%. Use the drawdown chart below to compare losses from any high point for URNM and URNP.L. For additional features, visit the drawdowns tool.
Volatility
URNM vs. URNP.L - Volatility Comparison
NorthShore Global Uranium Mining ETF (URNM) has a higher volatility of 16.69% compared to HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L) at 15.84%. This indicates that URNM's price experiences larger fluctuations and is considered to be riskier than URNP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.