AUD=X vs. CCJ
Compare and contrast key facts about USD/AUD (AUD=X) and Cameco Corporation (CCJ).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUD=X or CCJ.
Key characteristics
| AUD=X | CCJ | |
|---|---|---|
| YTD Return | 3.42% | 21.90% |
| 1Y Return | -3.34% | 24.69% |
| 3Y Return (Ann) | 3.39% | 24.18% |
| 5Y Return (Ann) | 0.75% | 41.18% |
| 10Y Return (Ann) | 2.63% | 11.67% |
| Sharpe Ratio | 0.02 | 0.69 |
| Sortino Ratio | 0.09 | 1.20 |
| Omega Ratio | 1.01 | 1.15 |
| Calmar Ratio | 0.01 | 0.90 |
| Martin Ratio | 0.05 | 2.16 |
| Ulcer Index | 3.56% | 13.98% |
| Daily Std Dev | 7.86% | 43.74% |
| Max Drawdown | -56.54% | -87.87% |
| Current Drawdown | -27.23% | -9.45% |
Correlation
The correlation between AUD=X and CCJ is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AUD=X vs. CCJ - Performance Comparison
In the year-to-date period, AUD=X achieves a 3.42% return, which is significantly lower than CCJ's 21.90% return. Over the past 10 years, AUD=X has underperformed CCJ with an annualized return of 2.63%, while CCJ has yielded a comparatively higher 11.67% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AUD=X vs. CCJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/AUD (AUD=X) and Cameco Corporation (CCJ). 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.
Drawdowns
AUD=X vs. CCJ - Drawdown Comparison
The maximum AUD=X drawdown since its inception was -56.54%, smaller than the maximum CCJ drawdown of -87.87%. Use the drawdown chart below to compare losses from any high point for AUD=X and CCJ. For additional features, visit the drawdowns tool.
Volatility
AUD=X vs. CCJ - Volatility Comparison
The current volatility for USD/AUD (AUD=X) is 0.28%, while Cameco Corporation (CCJ) has a volatility of 12.29%. This indicates that AUD=X experiences smaller price fluctuations and is considered to be less risky than CCJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.