XCG.TO vs. URNM
Compare and contrast key facts about iShares Canadian Growth Index ETF (XCG.TO) and NorthShore Global Uranium Mining ETF (URNM).
XCG.TO and URNM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XCG.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Canada GR CAD. It was launched on Nov 6, 2006. URNM is a passively managed fund by Exchange Traded Concepts that tracks the performance of the North Shore Global Uranium Mining Index. It was launched on Dec 3, 2019. Both XCG.TO and URNM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XCG.TO or URNM.
Key characteristics
| XCG.TO | URNM | |
|---|---|---|
| YTD Return | 6.42% | 19.45% |
| 1Y Return | 13.59% | 93.31% |
| 3Y Return (Ann) | 6.26% | 23.70% |
| Sharpe Ratio | 1.09 | 2.46 |
| Daily Std Dev | 12.42% | 37.66% |
| Max Drawdown | -52.64% | -42.55% |
| Current Drawdown | -2.00% | -1.39% |
Correlation
The correlation between XCG.TO and URNM is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XCG.TO vs. URNM - Performance Comparison
In the year-to-date period, XCG.TO achieves a 6.42% return, which is significantly lower than URNM's 19.45% 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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XCG.TO vs. URNM - Expense Ratio Comparison
XCG.TO has a 0.55% expense ratio, which is lower than URNM's 0.85% expense ratio.
Risk-Adjusted Performance
XCG.TO vs. URNM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Canadian Growth Index ETF (XCG.TO) and NorthShore Global Uranium Mining ETF (URNM). 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
XCG.TO vs. URNM - Dividend Comparison
XCG.TO's dividend yield for the trailing twelve months is around 1.33%, less than URNM's 3.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XCG.TO iShares Canadian Growth Index ETF | 1.33% | 1.43% | 1.71% | 1.57% | 1.83% | 1.65% | 1.79% | 1.11% | 1.05% | 0.78% | 0.92% | 1.50% |
URNM NorthShore Global Uranium Mining ETF | 3.04% | 3.63% | 0.00% | 6.70% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XCG.TO vs. URNM - Drawdown Comparison
The maximum XCG.TO drawdown since its inception was -52.64%, which is greater than URNM's maximum drawdown of -42.55%. Use the drawdown chart below to compare losses from any high point for XCG.TO and URNM. For additional features, visit the drawdowns tool.
Volatility
XCG.TO vs. URNM - Volatility Comparison
The current volatility for iShares Canadian Growth Index ETF (XCG.TO) is 4.67%, while NorthShore Global Uranium Mining ETF (URNM) has a volatility of 11.02%. This indicates that XCG.TO experiences smaller price fluctuations and is considered to be less risky than URNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.