URNP.L vs. WREE.L

Last updated Jun 5, 2026

URNP.L (HANetf Sprott Uranium Miners UCITS ETF Acc) and WREE.L (WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc) are both Commodity Producers Equities funds - URNP.L tracks the S&P Global Natural Resources TR USD while WREE.L tracks the WisdomTree Strategic Metals and Rare Earths Miners Index. Both are passively managed. Over the past year, URNP.L returned 59.87% vs 112.06% for WREE.L. A 0.56 correlation means they provide meaningful diversification when combined. URNP.L charges 0.85%/yr vs 0.50%/yr for WREE.L.

Performance

URNP.L vs. WREE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L) and WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URNP.L achieves a 15.46% return, which is significantly lower than WREE.L's 16.75% return.

URNP.L

• 1D: 0.00%
• 1M: -6.77%
• YTD: 15.46%
• 6M: 11.40%
• 1Y: 59.87%
• 3Y*: 25.15%
• 5Y*: —
• 10Y*: —

WREE.L

• 1D: -1.12%
• 1M: -7.90%
• YTD: 16.75%
• 6M: 26.79%
• 1Y: 112.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

URNP.L vs. WREE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
URNP.L HANetf Sprott Uranium Miners UCITS ETF Acc	15.46%	33.02%	-19.87%
WREE.L WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc	16.75%	100.33%	-10.09%

Correlation

The correlation between URNP.L and WREE.L is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (All Time) Calculated using the full available price history since Apr 11, 2024	0.56

The correlation between URNP.L and WREE.L has been stable across timeframes, ranging from 0.56 to 0.56 - a consistent structural relationship.

Return for Risk

URNP.L vs. WREE.L — Risk / Return Rank

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

URNP.L

URNP.L Risk / Return Rank: 39
URNP.L Sharpe Ratio Rank: 37
URNP.L Sortino Ratio Rank: 37
URNP.L Omega Ratio Rank: 37
URNP.L Calmar Ratio Rank: 50
URNP.L Martin Ratio Rank: 35

WREE.L

WREE.L Risk / Return Rank: 82
WREE.L Sharpe Ratio Rank: 90
WREE.L Sortino Ratio Rank: 76
WREE.L Omega Ratio Rank: 75
WREE.L Calmar Ratio Rank: 87
WREE.L Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

URNP.L vs. WREE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L) and WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.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.

	URNP.L	WREE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.31	3.03	-1.72
Sortino ratio: Return per unit of downside risk	1.89	3.38	-1.49
Omega ratio: Gain probability vs. loss probability	1.24	1.44	-0.20
Calmar ratio: Return relative to maximum drawdown	2.41	4.84	-2.43
Martin ratio: Return relative to average drawdown	5.24	16.54	-11.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

URNP.L vs. WREE.L - Sharpe Ratio Comparison

The current URNP.L Sharpe Ratio is 1.31, which is lower than the WREE.L Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of URNP.L and WREE.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	URNP.L	WREE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	3.03	-1.72
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	1.36	-0.95

Drawdowns

URNP.L vs. WREE.L - Drawdown Comparison

The maximum URNP.L drawdown since its inception was -51.01%, which is greater than WREE.L's maximum drawdown of -27.50%. Use the drawdown chart below to compare losses from any high point for URNP.L and WREE.L.

Drawdown Indicators

	URNP.L	WREE.L	Difference
Max Drawdown Largest peak-to-trough decline	-51.01%	-27.50%	-23.51%
Max Drawdown (1Y) Largest decline over 1 year	-24.71%	-23.01%	-1.70%
Max Drawdown (3Y) Largest decline over 3 years	-51.01%	—	—
Current Drawdown Current decline from peak	-19.95%	-12.62%	-7.33%
Average Drawdown Average peak-to-trough decline	-17.85%	-8.58%	-9.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.38%	6.75%	+4.63%

Volatility

URNP.L vs. WREE.L - Volatility Comparison

The current volatility for HANetf Sprott Uranium Miners UCITS ETF Acc (URNP.L) is 12.68%, while WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L) has a volatility of 13.81%. This indicates that URNP.L experiences smaller price fluctuations and is considered to be less risky than WREE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URNP.L	WREE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.68%	13.81%	-1.13%
Volatility (6M) Calculated over the trailing 6-month period	31.75%	29.92%	+1.83%
Volatility (1Y) Calculated over the trailing 1-year period	45.52%	36.84%	+8.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.93%	30.41%	+9.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.93%	30.41%	+9.52%

URNP.L vs. WREE.L - Expense Ratio Comparison

URNP.L has a 0.85% expense ratio, which is higher than WREE.L's 0.50% expense ratio.

Dividends

URNP.L vs. WREE.L - Dividend Comparison

Neither URNP.L nor WREE.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both URNP.L and WREE.L in my portfolio?

URNP.L and WREE.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, URNP.L or WREE.L?

On fees, WREE.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, URNP.L or WREE.L?

WREE.L is cheaper with a 0.50% expense ratio, compared with 0.85% for URNP.L.

What is the main difference between URNP.L and WREE.L?

URNP.L tracks S&P Global Natural Resources TR USD, while WREE.L tracks WisdomTree Strategic Metals and Rare Earths Miners Index. They also come from different issuers: HANetf and WisdomTree. Their fees differ too: 0.85% for URNP.L and 0.50% for WREE.L.