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.
Correlation
The correlation between UROY and IGM is 0.34, 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
Key characteristics
UROY:
-0.34
IGM:
1.76
UROY:
-0.15
IGM:
2.35
UROY:
0.98
IGM:
1.31
UROY:
-0.29
IGM:
2.55
UROY:
-0.64
IGM:
9.16
UROY:
30.88%
IGM:
4.12%
UROY:
57.85%
IGM:
21.45%
UROY:
-68.17%
IGM:
-65.59%
UROY:
-63.84%
IGM:
-4.42%
Returns By Period
In the year-to-date period, UROY achieves a -22.59% return, which is significantly lower than IGM's 37.10% return.
UROY
-22.59%
-24.55%
-13.99%
-19.62%
N/A
N/A
IGM
37.10%
1.98%
8.34%
39.57%
21.03%
20.17%
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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 0.22%.
| 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 | 0.22% | 0.52% | 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 15.72% compared to iShares Expanded Tech Sector ETF (IGM) at 5.69%. 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.