WRN vs. URA

Last updated Aug 1, 2026

WRN (Western Copper and Gold Corporation) is a stock, while URA (Global X Uranium ETF) is Uranium fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index. Over the past 10 years, WRN returned 8.40%/yr vs 14.85%/yr for URA. Their 0.35 correlation means their historical movements had little consistent relationship.

Performance

WRN vs. URA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Western Copper and Gold Corporation (WRN) and Global X Uranium ETF (URA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WRN achieves a -23.60% return, which is significantly lower than URA's -8.57% return. Over the past 10 years, WRN has underperformed URA with an annualized return of 8.40%, while URA has yielded a comparatively higher 14.85% annualized return.

WRN

• 1D: -3.32%
• 1M: -11.30%
• 6M: -36.05%
• YTD: -23.60%
• 1Y: 70.00%
• 3Y*: 9.83%
• 5Y*: 1.01%
• 10Y*: 8.40%
• ALL TIME*: 1.24%

URA

• 1D: -1.64%
• 1M: -9.62%
• 6M: -28.95%
• YTD: -8.57%
• 1Y: 7.10%
• 3Y*: 25.57%
• 5Y*: 18.90%
• 10Y*: 14.85%
• ALL TIME*: -3.36%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
URA Global X Uranium ETF	$122.45M	$118.35M	$170.14M
WRN Western Copper and Gold Corporation	$2.74M	$3.40M	$4.85M

WRN vs. URA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WRN Western Copper and Gold Corporation	-23.60%	154.29%	-21.05%	-25.28%	14.10%	26.83%	50.00%	82.22%	-55.45%	-26.81%
URA Global X Uranium ETF	-8.57%	67.18%	-0.58%	46.25%	-11.32%	57.57%	41.33%	-3.54%	-22.11%	19.36%

Correlation

The correlation between WRN and URA is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.61
Correlation (3Y) Balances recent behavior with more history.	0.40
Correlation (5Y) Shows whether the relationship held over a longer period.	0.42
Correlation (10Y) Provides a long-term view across more market conditions.	0.37
Correlation (All Time) Calculated using the full available price history since Nov 5, 2010	0.35

Over the past year, WRN and URA have become more correlated (0.61) than their long-term average of 0.35, meaning their price movements have been converging.

Return for Risk

WRN vs. URA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WRN

WRN Risk / Return Rank: 71
WRN Sharpe Ratio Rank: 75
WRN Sortino Ratio Rank: 71
WRN Omega Ratio Rank: 71
WRN Calmar Ratio Rank: 71
WRN Martin Ratio Rank: 69

URA

URA Risk / Return Rank: 14
URA Sharpe Ratio Rank: 13
URA Sortino Ratio Rank: 16
URA Omega Ratio Rank: 16
URA Calmar Ratio Rank: 12
URA Martin Ratio Rank: 12

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WRN vs. URA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Western Copper and Gold Corporation (WRN) and Global X Uranium ETF (URA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WRN	URA	Difference
Sharpe ratio: Return per unit of total volatility	0.96	0.08	+0.89
Sortino ratio: Return per unit of downside risk	1.53	0.49	+1.04
Omega ratio: Gain probability vs. loss probability	1.20	1.06	+0.14
Calmar ratio: Return relative to maximum drawdown	1.32	0.10	+1.22
Martin ratio: Return relative to average drawdown	2.61	0.22	+2.39

WRN vs. URA - Sharpe Ratio Comparison

The current WRN Sharpe Ratio is 0.96, which is higher than the URA Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of WRN and URA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WRN vs. URA - Drawdown Comparison

The maximum WRN drawdown since its inception was -95.24%, roughly equal to the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for WRN and URA.

Drawdown Indicators

	WRN	URA	Difference
Max Drawdown Largest peak-to-trough decline	-95.24%	-93.54%	-1.70%
Max Drawdown (1Y) Largest decline over 1 year	-50.12%	-39.30%	-10.82%
Max Drawdown (3Y) Largest decline over 3 years	-50.12%	-39.30%	-10.82%
Max Drawdown (5Y) Largest decline over 5 years	-61.92%	-39.30%	-22.62%
Max Drawdown (10Y) Largest decline over 10 years	-80.12%	-61.45%	-18.67%
Current Drawdown Current decline from peak	-51.90%	-55.66%	+3.76%
Average Drawdown Average peak-to-trough decline	-64.28%	-74.75%	+10.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.27%	18.11%	+7.16%

Volatility

WRN vs. URA - Volatility Comparison

Western Copper and Gold Corporation (WRN) has a higher volatility of 14.57% compared to Global X Uranium ETF (URA) at 13.54%. This indicates that WRN's price experiences larger fluctuations and is considered to be riskier than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WRN	URA	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.57%	13.54%	+1.03%
Volatility (6M) Calculated over the trailing 6-month period	53.48%	38.35%	+15.13%
Volatility (1Y) Calculated over the trailing 1-year period	68.62%	52.24%	+16.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.89%	44.10%	+12.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.76%	38.10%	+23.66%

Dividends

WRN vs. URA - Dividend Comparison

WRN has not paid dividends to shareholders, while URA's dividend yield for the trailing twelve months is around 5.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
URA Global X Uranium ETF	5.33%	4.88%	2.86%	6.07%	0.76%	5.84%	1.69%	1.66%	0.44%	2.03%	7.28%	1.96%
WRN Western Copper and Gold Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WRN and URA in my portfolio?

WRN and URA have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WRN or URA?

WRN has higher volatility (14.57%) compared to URA (13.54%). In terms of maximum drawdown, WRN dropped -95.24% vs URA's -93.54%.

Which has better risk-adjusted returns?

WRN currently has the higher Sharpe Ratio (0.96 vs 0.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.