CCJ vs. IBIT
CCJ (Cameco Corporation) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, CCJ returned 74.85% vs -39.44% for IBIT. At a 0.26 correlation, their price movements are largely independent.
Performance
CCJ vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, CCJ achieves a 15.25% return, which is significantly higher than IBIT's -27.71% return.
CCJ
- 1D
- 1.93%
- 1M
- -9.69%
- YTD
- 15.25%
- 6M
- 16.00%
- 1Y
- 74.85%
- 3Y*
- 51.07%
- 5Y*
- 37.97%
- 10Y*
- 25.85%
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CCJ vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CCJ Cameco Corporation | 15.25% | 78.38% | 10.35% |
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 99.21% |
Correlation
The correlation between CCJ and IBIT is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.26 |
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Return for Risk
CCJ vs. IBIT — Risk / Return Rank
CCJ
IBIT
CCJ vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCJ) and iShares Bitcoin Trust ETF (IBIT). 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.
| CCJ | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +3.35 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.86 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | -0.76 | +3.69 |
| Martin ratioReturn relative to average drawdown | 6.51 | -1.36 | +7.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CCJ | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | -0.90 | +2.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.26 | -0.03 |
Drawdowns
CCJ vs. IBIT - Drawdown Comparison
The maximum CCJ drawdown since its inception was -87.53%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for CCJ and IBIT.
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Drawdown Indicators
| CCJ | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.53% | -52.11% | -35.42% |
Max Drawdown (1Y)Largest decline over 1 year | -25.69% | -52.11% | +26.42% |
Max Drawdown (3Y)Largest decline over 3 years | -40.01% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.01% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.22% | — | — |
Current DrawdownCurrent decline from peak | -21.37% | -49.66% | +28.29% |
Average DrawdownAverage peak-to-trough decline | -46.09% | -16.19% | -29.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.54% | 28.97% | -17.43% |
Volatility
CCJ vs. IBIT - Volatility Comparison
Cameco Corporation (CCJ) has a higher volatility of 15.98% compared to iShares Bitcoin Trust ETF (IBIT) at 11.85%. This indicates that CCJ's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCJ | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.98% | 11.85% | +4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 39.04% | 34.60% | +4.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.87% | 44.28% | +11.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.87% | 50.32% | -0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.69% | 50.32% | -3.63% |
Dividends
CCJ vs. IBIT - Dividend Comparison
CCJ's dividend yield for the trailing twelve months is around 0.16%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.16% | 0.19% | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 4.33% | 3.82% | 3.24% |
IBIT iShares Bitcoin Trust ETF | 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
CCJ and IBIT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CCJ has higher volatility (15.98%) compared to IBIT (11.85%). In terms of maximum drawdown, CCJ dropped -87.53% vs IBIT's -52.11%.
CCJ currently has the higher Sharpe Ratio (1.35 vs -0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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