YCA.L vs. URA

Last updated Jun 4, 2026

YCA.L (Yellow Cake plc) is a stock, while URA (Global X Uranium ETF) is Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index. Over the past 5 years, YCA.L returned 15.73%/yr vs 22.69%/yr for URA. At a 0.40 correlation, their price movements are largely independent.

Performance

YCA.L vs. URA - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Yellow Cake plc (YCA.L) and Global X Uranium ETF (URA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

YCA.L is traded in GBp, while URA is traded in USD. To make them comparable, the URA values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, YCA.L achieves a -3.21% return, which is significantly lower than URA's 18.36% return.

YCA.L

• 1D: -2.88%
• 1M: -4.90%
• YTD: -3.21%
• 6M: 6.51%
• 1Y: 17.18%
• 3Y*: 10.18%
• 5Y*: 15.73%
• 10Y*: —

URA

• 1D: -5.42%
• 1M: -7.25%
• YTD: 18.36%
• 6M: 12.65%
• 1Y: 62.38%
• 3Y*: 35.82%
• 5Y*: 22.69%
• 10Y*: 18.04%

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

YCA.L vs. URA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
YCA.L Yellow Cake plc	-3.21%	18.45%	-19.19%	65.11%	10.18%	36.55%	23.88%	-12.23%	12.25%
URA Global X Uranium ETF	18.36%	55.27%	1.16%	38.94%	-0.77%	59.07%	37.18%	-7.21%	-6.04%

Correlation

The correlation between YCA.L and URA is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jul 6, 2018	0.40

The correlation between YCA.L and URA shifts across timeframes, from 0.40 (all time) to 0.52 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

YCA.L vs. URA — Risk / Return Rank

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

YCA.L

YCA.L Risk / Return Rank: 55
YCA.L Sharpe Ratio Rank: 58
YCA.L Sortino Ratio Rank: 53
YCA.L Omega Ratio Rank: 50
YCA.L Calmar Ratio Rank: 57
YCA.L Martin Ratio Rank: 56

URA

URA Risk / Return Rank: 34
URA Sharpe Ratio Rank: 33
URA Sortino Ratio Rank: 34
URA Omega Ratio Rank: 31
URA Calmar Ratio Rank: 43
URA Martin Ratio Rank: 30

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.

YCA.L vs. URA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Yellow Cake plc (YCA.L) 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.

	YCA.L	URA	Difference
Sharpe ratio: Return per unit of total volatility	0.49	1.28	-0.79
Sortino ratio: Return per unit of downside risk	0.95	1.92	-0.97
Omega ratio: Gain probability vs. loss probability	1.11	1.22	-0.11
Calmar ratio: Return relative to maximum drawdown	0.74	2.34	-1.60
Martin ratio: Return relative to average drawdown	1.54	5.07	-3.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YCA.L vs. URA - Sharpe Ratio Comparison

The current YCA.L Sharpe Ratio is 0.49, which is lower than the URA Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of YCA.L 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.

Sharpe Ratios by Period

	YCA.L	URA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	1.28	-0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.55	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	-0.02	+0.42

Drawdowns

YCA.L vs. URA - Drawdown Comparison

The maximum YCA.L drawdown since its inception was -48.15%, smaller than the maximum URA drawdown of -91.12%. Use the drawdown chart below to compare losses from any high point for YCA.L and URA.

Drawdown Indicators

	YCA.L	URA	Difference
Max Drawdown Largest peak-to-trough decline	-48.15%	-91.12%	+42.97%
Max Drawdown (1Y) Largest decline over 1 year	-23.13%	-26.82%	+3.69%
Max Drawdown (3Y) Largest decline over 3 years	-48.15%	-38.35%	-9.80%
Max Drawdown (5Y) Largest decline over 5 years	-48.15%	-38.35%	-9.80%
Max Drawdown (10Y) Largest decline over 10 years	—	-59.13%	—
Current Drawdown Current decline from peak	-23.04%	-31.18%	+8.14%
Average Drawdown Average peak-to-trough decline	-17.56%	-71.53%	+53.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.11%	12.33%	-1.22%

Volatility

YCA.L vs. URA - Volatility Comparison

The current volatility for Yellow Cake plc (YCA.L) is 9.21%, while Global X Uranium ETF (URA) has a volatility of 15.39%. This indicates that YCA.L experiences smaller price fluctuations and is considered to be less risky than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YCA.L	URA	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.21%	15.39%	-6.18%
Volatility (6M) Calculated over the trailing 6-month period	22.02%	36.54%	-14.52%
Volatility (1Y) Calculated over the trailing 1-year period	35.07%	49.04%	-13.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.29%	41.59%	-4.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.88%	36.35%	-1.47%

Dividends

YCA.L vs. URA - Dividend Comparison

YCA.L has not paid dividends to shareholders, while URA's dividend yield for the trailing twelve months is around 4.14%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
URA Global X Uranium ETF	4.14%	4.88%	2.86%	6.07%	0.76%	5.84%	1.69%	1.66%	0.44%	2.03%	7.28%	1.96%
YCA.L Yellow Cake plc	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 YCA.L and URA in my portfolio?

YCA.L and URA have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.