Sprott Junior Uranium Miners ETF (URNJ) Performance
URNJ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −33.7% since Dec 31, 2025
- 1 year
- −36.4% total return
- 3 years
- −4.7% a year
- Since first price
- −1.5% a year since 2023
URNJ trailing returns vs SPY, QQQ, AGG
| Period | URNJ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −25.1% | −25.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −27.8% | −27.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −48.5% | −48.5% | +7.8% | +8.4% | −1.5% |
| YTD | −33.7% | −33.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −36.4% | −40.6% | +14.4% | +15.9% | −1.1% |
| 3 years | −13.4%−4.7%/yr | −25.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionFeb 2, 2023 | −5.6%−1.5%/yr | −18.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: URNJ vs SPY
From Feb 2, 2023: URNJ grew to $9,445, SPY to $19,117.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
URNJ returns by calendar year
1 of 2 full years positive. Best 2025 (+45.4%), worst 2024 (−18.3%). 2026 is year to date.
URNJ annual returns table
| Year | URNJ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −33.7% | −58.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +45.4% | −46.1% | +17.7% | +20.8% | +7.2% |
| 2024 | −18.3% | −44.5% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
URNJ largest drawdowns
Now 58.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 21, 2024 | −59.2% | Apr 8, 2025 | Sep 25, 2025 | 11 months | 1.3 years |
| Jan 28, 2026 | −58.7% | Oct 22, 2026 | not yet | 9 months | 9 months so far |
| Oct 15, 2025 | −32.1% | Nov 21, 2025 | Jan 16, 2026 | 37 days | 3 months |
| Feb 2, 2023 | −31.8% | Apr 25, 2023 | Sep 5, 2023 | 3 months | 7 months |
| Feb 1, 2024 | −21.2% | Feb 23, 2024 | May 20, 2024 | 22 days | 4 months |
| Sep 28, 2023 | −15.2% | Oct 16, 2023 | Nov 17, 2023 | 18 days | 50 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
URNJ risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | −0.4% | +8.5% |
| Volatility (annualized) | 49.8% | 48.6% |
| Sharpe ratio | 0.14 | 0.31 |
| Sortino ratio | 0.22 | 0.50 |
| Best month | +38.8% | +38.8% |
| Worst month | −22.0% | −22.0% |
| Best 12 months | +136.6% | +136.6% |
| Worst 12 months | −41.5% | −41.5% |
| Positive months | 50% | 49% |
| Beta vs S&P 500 | 1.46 | — |
| Correlation with S&P 500 | 0.36 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
URNJ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 33 | −42.8% | +15.9% | +136.6% | 64% |
| 3-year (a year) | 9 | −5.9% | +16.1% | +34.2% | 78% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
URNJ performance overview
Sprott Junior Uranium Miners ETF (URNJ) returned −36.4% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned −1.5% a year, turning $10,000 into about $9,445. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −59.2%, from May 21, 2024 to Apr 8, 2025, and it took 6 months to get back to the old high. Volatility has been 48.6% a year.
Related: URNJ chart, URNJ holdings, URNJ dividends. See the URNJ overview for the latest quote and fund facts.
URNJ performance FAQ
What is the URNJ return over the past year?
URNJ returned −36.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 40.6%.
How much would $10,000 invested in URNJ be worth?
$10,000 invested in URNJ at its first recorded close on February 2, 2023 would be worth about $9,445 on October 23, 2026 with distributions reinvested.
What was the worst year for URNJ?
The worst calendar year was 2024, with a total return of −18.3%. The best was 2025 at +45.4%.
What is the biggest drawdown of URNJ?
The largest peak-to-trough decline was −59.2% between May 21, 2024 and April 8, 2025. It recovered to the old high on September 25, 2025, 6 months after the bottom.
How volatile is URNJ?
Over the past 3 years URNJ had an annualized volatility of 49.8% and a Sharpe ratio of 0.14 (excess return over 1–3 month T-bills per unit of risk).