Skip to content

URA: Global X Uranium ETF returns, drawdowns and risk

Funds on a theme: clean energy, robotics, cybersecurity, uranium, gold miners and others.

Data updated October 2026

URA · US exchange · USDCategory: Thematic ETFsData from June 2020

From June 2020 to October 2026 URA returned 23.9% a year on average with dividends reinvested, in US dollars: $10,000 invested at the start grew to $39,231.

Its deepest fall was 43.1%, from January 2026 to October 2026, and it has not yet returned to the previous high. Annual volatility was 42.5%; at the last close it was 42.5% below its high.

Against SPY (SPDR S&P 500 ETF Trust), over the 76 months both have data, the correlation of monthly returns was 0.48: they moved together only in part. Beta was 1.23. In months when SPY rose, URA moved 142% as much on average; in months when SPY fell, 103% as much.

Key figures

Annual return (CAGR)
+23.9%
1-year return
−25.4%
5 years, a year
+8.6%
10 years, a year
—
Annual volatility
42.5%
Maximum drawdown
−43.1%
Sharpe ratio
0.65
Worst year
2022: −11.3%

Trailing returns

PeriodURASPY
1 year−25.4%+16.6%
3 years, a year+16.5%+23.1%
5 years, a year+8.6%+12.7%

To the last close of October 2026. Periods longer than a year are annualised.

Growth of $10,000: URA vs SPY

$20,000$40,000$60,000202120222023202420252026
URA — Global X Uranium ETFSPY — SPDR S&P 500 ETF Trust

Month-end values from July 2020, the first month both funds have data.

URA drawdowns

-40%-20%0%202120222023202420252026

Percentage below the previous high, weekly.

Returns by calendar year

YearURASPY
2026(partial)−16.8%+13.3%
2025+67.2%+17.7%
2024−0.6%+24.9%
2023+46.3%+26.2%
2022−11.3%−18.2%
2021+57.6%+28.7%
2020(partial)+38.8%—

URA compared

How the figures are calculated

Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.

Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.

Questions

What is the average annual return of URA?

From June 2020 to October 2026 URA returned 23.9% a year on average (CAGR) with dividends reinvested, in USD. Over the last 5 years: +8.6% a year. Over the last 12 months: −25.4%.

What was the worst drawdown of URA?

43.1%, from January 2026 to October 2026; it has not yet returned to the previous high.

How volatile is URA?

Annual volatility was 42.5% over the period. Its worst month was −17.9% and 55% of months were positive. Worst calendar year: 2022 (−11.3%).

How closely does URA follow SPY?

Over 76 months the correlation of monthly returns was 0.48, so they moved together only in part, with a beta of 1.23.

Use URA in a free tool

Other Thematic ETFs

Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.