URA vs CARR
- 2 of 19 forces clearly differ
- Data through Oct 30, 2026
- Market move removed first
URA and CARR clearly differ on 2 of 19 forces. The widest gap is gold: in weeks when the price of gold rose 5%, URA typically moved +3.2% and CARR −1.8%.
| Economic force | URAGlobal X Uranium ETF | CARRCarrier Global |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −0.34%−2.0% to +1.3%Not distinguishable from zero | −1.0%−2.1% to 0.00%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +5.5%+1.6% to +9.4%Tentative | +4.2%+1.2% to +7.2%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −4.0%−6.7% to −1.2%Tentative | −2.1%−4.0% to −0.28%Tentative |
| Oil and energyIn weeks when the price of oil rose 10% | −0.92%−1.9% to +0.10%Not distinguishable from zero | −0.85%−1.7% to +0.03%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +2.0%−1.0% to +4.9%Not distinguishable from zero | +1.5%−2.3% to +5.3%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +1.5%−1.5% to +4.5%Not distinguishable from zero | +4.3%+1.8% to +6.8%Tentative |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | +0.22%−1.1% to +1.5%Not distinguishable from zero | −0.93%−1.8% to −0.01%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.03%−1.4% to +1.5%Not distinguishable from zero | −0.71%−1.9% to +0.46%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5%Clear difference | +3.2%+2.1% to +4.3%Clear | −1.8%−2.9% to −0.67%Tentative |
| CopperIn weeks when the price of copper rose 5% | +0.82%+0.10% to +1.5%Tentative | −0.17%−1.8% to +1.5%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.10%0.00% to +0.19%Tentative | +0.02%−0.01% to +0.04%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +1.3%+0.40% to +2.1%Tentative | +0.05%−0.87% to +1.0%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.43%0.00% to +0.85%Tentative | +0.56%+0.30% to +0.82%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | −0.48%−0.93% to −0.02%Tentative | +0.60%+0.28% to +0.93%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +1.0%+0.62% to +1.3%Clear | +0.36%−0.05% to +0.77%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −5.3%−7.7% to −3.0%Clear | −2.2%−5.4% to +0.93%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.78%−1.7% to +0.19%Not distinguishable from zero | −0.24%−1.4% to +0.88%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.68%+0.31% to +1.1%Clear | +0.17%−0.08% to +0.42%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.24%−0.61% to +0.12%Not distinguishable from zero | −0.11%−0.31% to +0.08%Not distinguishable from zero |
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.
This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.