UX vs. TURF

Last updated Jun 4, 2026

UX (Roundhill Uranium ETF) and TURF (T. Rowe Price Natural Resources ETF) are both Commodity Producers Equities funds. At a 0.41 correlation, their price movements are largely independent. UX charges 0.75%/yr vs 0.44%/yr for TURF.

Performance

UX vs. TURF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Uranium ETF (UX) and T. Rowe Price Natural Resources ETF (TURF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UX achieves a -0.61% return, which is significantly lower than TURF's 19.55% return.

UX

• 1D: -2.53%
• 1M: -3.11%
• YTD: -0.61%
• 6M: 6.59%
• 1Y: 17.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TURF

• 1D: -0.82%
• 1M: 0.33%
• YTD: 19.55%
• 6M: 22.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UX vs. TURF - Yearly Performance Comparison

	2026 (YTD)	2025
UX Roundhill Uranium ETF	-0.61%	12.14%
TURF T. Rowe Price Natural Resources ETF	19.55%	17.05%

Correlation

The correlation between UX and TURF is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 13, 2025	0.41

UX vs. TURF - Sectors Allocation Comparison

Sectors	UX	TURF
Energy	100.0%	29.2%
Basic Materials	-	33.9%
Communication Services	-	3.8%
Consumer Cyclical	-	-
Consumer Defensive	-	8.5%
Financial Services	-	2.3%
Healthcare	-	-
Industrials	-	1.6%
Real Estate	-	-
Technology	-	0.4%
Utilities	-	0.3%

Return for Risk

UX vs. TURF — Risk / Return Rank

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

UX

UX Risk / Return Rank: 17
UX Sharpe Ratio Rank: 17
UX Sortino Ratio Rank: 18
UX Omega Ratio Rank: 18
UX Calmar Ratio Rank: 18
UX Martin Ratio Rank: 16

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.

UX vs. TURF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Uranium ETF (UX) and T. Rowe Price Natural Resources ETF (TURF). 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.

	UX	TURF	Difference
Sharpe ratio: Return per unit of total volatility	0.50	—	—
Sortino ratio: Return per unit of downside risk	0.93	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.73	—	—
Martin ratio: Return relative to average drawdown	1.45	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	UX	TURF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	2.52	-2.21

Drawdowns

UX vs. TURF - Drawdown Comparison

The maximum UX drawdown since its inception was -23.72%, which is greater than TURF's maximum drawdown of -6.84%. Use the drawdown chart below to compare losses from any high point for UX and TURF.

Drawdown Indicators

	UX	TURF	Difference
Max Drawdown Largest peak-to-trough decline	-23.72%	-6.84%	-16.88%
Max Drawdown (1Y) Largest decline over 1 year	-23.72%	—	—
Current Drawdown Current decline from peak	-19.59%	-2.54%	-17.05%
Average Drawdown Average peak-to-trough decline	-10.13%	-1.53%	-8.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.87%	—	—

Volatility

Volatility by Period

	UX	TURF	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.07%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	34.45%	16.50%	+17.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.20%	16.50%	+19.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.20%	16.50%	+19.70%

UX vs. TURF - Expense Ratio Comparison

UX has a 0.75% expense ratio, which is higher than TURF's 0.44% expense ratio.

Dividends

UX vs. TURF - Dividend Comparison

UX's dividend yield for the trailing twelve months is around 1.49%, more than TURF's 1.25% yield.

Position	TTM	2025
TURF T. Rowe Price Natural Resources ETF	1.25%	1.49%
UX Roundhill Uranium ETF	1.49%	1.48%

Frequently Asked Questions

Can I hold both UX and TURF in my portfolio?

UX and TURF have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UX or TURF?

On fees, TURF is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UX or TURF?

TURF is cheaper with a 0.44% expense ratio, compared with 0.75% for UX.

Which ETF pays a higher dividend yield, UX or TURF?

UX has the higher dividend yield at 1.49%, compared with 1.25% for TURF.

What is the main difference between UX and TURF?

They also come from different issuers: Roundhill and T. Rowe Price. Their fees differ too: 0.75% for UX and 0.44% for TURF.