UROY vs. IGM
Compare and contrast key facts about Uranium Royalty Corp (UROY) and iShares Expanded Tech Sector ETF (IGM).
IGM is a passively managed fund by iShares that tracks the performance of the S&P North American Technology Sector Index. It was launched on Mar 13, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UROY or IGM.
Key characteristics
| UROY | IGM | |
|---|---|---|
| YTD Return | 0.74% | 36.90% |
| 1Y Return | 0.74% | 54.03% |
| 3Y Return (Ann) | -21.91% | 11.67% |
| Sharpe Ratio | 0.03 | 2.53 |
| Sortino Ratio | 0.48 | 3.23 |
| Omega Ratio | 1.05 | 1.44 |
| Calmar Ratio | 0.02 | 3.60 |
| Martin Ratio | 0.05 | 13.06 |
| Ulcer Index | 29.14% | 4.08% |
| Daily Std Dev | 56.86% | 21.05% |
| Max Drawdown | -68.17% | -65.59% |
| Current Drawdown | -52.94% | -0.22% |
Correlation
The correlation between UROY and IGM is 0.35, 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
UROY vs. IGM - Performance Comparison
In the year-to-date period, UROY achieves a 0.74% return, which is significantly lower than IGM's 36.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
UROY vs. IGM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Uranium Royalty Corp (UROY) and iShares Expanded Tech Sector ETF (IGM). 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
UROY vs. IGM - Dividend Comparison
UROY has not paid dividends to shareholders, while IGM's dividend yield for the trailing twelve months is around 0.31%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UROY Uranium Royalty Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGM iShares Expanded Tech Sector ETF | 0.31% | 0.39% | 0.53% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% | 0.88% | 0.78% |
Drawdowns
UROY vs. IGM - Drawdown Comparison
The maximum UROY drawdown since its inception was -68.17%, roughly equal to the maximum IGM drawdown of -65.59%. Use the drawdown chart below to compare losses from any high point for UROY and IGM. For additional features, visit the drawdowns tool.
Volatility
UROY vs. IGM - Volatility Comparison
Uranium Royalty Corp (UROY) has a higher volatility of 14.46% compared to iShares Expanded Tech Sector ETF (IGM) at 6.02%. This indicates that UROY's price experiences larger fluctuations and is considered to be riskier than IGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.