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CCJ vs. IWM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CCJ vs. IWM

Last updated Jun 9, 2026

CCJ (Cameco Corporation) is a stock, while IWM (iShares Russell 2000 ETF) is Small Cap Blend Equities fund tracking the Russell 2000 Index. Over the past 10 years, CCJ returned 25.85%/yr vs 10.78%/yr for IWM. At a 0.43 correlation, their price movements are largely independent.

Performance

CCJ vs. IWM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cameco Corporation (CCJ) and iShares Russell 2000 ETF (IWM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with CCJ having a 15.25% return and IWM slightly higher at 15.62%. Over the past 10 years, CCJ has outperformed IWM with an annualized return of 25.85%, while IWM has yielded a comparatively lower 10.78% annualized 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%

IWM

1D
0.87%
1M
-0.02%
YTD
15.62%
6M
13.83%
1Y
35.52%
3Y*
16.64%
5Y*
5.48%
10Y*
10.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CCJ vs. IWM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CCJ
Cameco Corporation		15.25%78.38%19.47%90.49%4.35%63.19%51.47%-21.08%23.58%-8.20%
IWM
iShares Russell 2000 ETF		15.62%12.66%11.38%16.83%-20.48%14.54%20.03%25.39%-11.12%14.58%

Correlation

The correlation between CCJ and IWM is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.48

Correlation (3Y)
Calculated over the trailing 3-year period

0.42

Correlation (5Y)
Calculated over the trailing 5-year period

0.48

Correlation (10Y)
Calculated over the trailing 10-year period

0.45

Correlation (All Time)
Calculated using the full available price history since May 30, 2000

0.43

Compare stocks, funds, or ETFs

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Cameco Corporation

iShares Russell 2000 ETF

Often compared with CCJ:
CCJ vs. UECCCJ vs. URACCJ vs. LEUCCJ vs. UUUUCCJ vs. DNNCCJ vs. NXECCJ vs. FCX
Often compared with IWM:
IWM vs. SPYIWM vs. VTWOIWM vs. IJRIWM vs. AVUVIWM vs. IWNIWM vs. VOOIWM vs. IWO

Return for Risk

CCJ vs. IWM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CCJ
CCJ Risk / Return Rank: 7979
Overall Rank
CCJ Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
CCJ Sortino Ratio Rank: 7878
Sortino Ratio Rank
CCJ Omega Ratio Rank: 7575
Omega Ratio Rank
CCJ Calmar Ratio Rank: 8383
Calmar Ratio Rank
CCJ Martin Ratio Rank: 8181
Martin Ratio Rank
IWM
IWM Risk / Return Rank: 6363
Overall Rank
IWM Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
IWM Sortino Ratio Rank: 6060
Sortino Ratio Rank
IWM Omega Ratio Rank: 5454
Omega Ratio Rank
IWM Calmar Ratio Rank: 7171
Calmar Ratio Rank
IWM Martin Ratio Rank: 6868
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCJ vs. IWM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCJ) and iShares Russell 2000 ETF (IWM). 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.

CCJIWMDifference
Sharpe ratioReturn per unit of total volatility
1.35
1.83

-0.48

Sortino ratioReturn per unit of downside risk
2.11
2.54

-0.43

Omega ratioGain probability vs. loss probability

1.25

1.30

-0.05

Calmar ratioReturn relative to maximum drawdown

2.93

3.24

-0.31

Martin ratioReturn relative to average drawdown

6.51

11.44

-4.93

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCJ vs. IWM - Sharpe Ratio Comparison

The current CCJ Sharpe Ratio is 1.35, which is comparable to the IWM Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of CCJ and IWM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

CCJIWMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.35

1.83

-0.48

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

0.24

+0.52

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.47

+0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.23

0.36

-0.13

Drawdowns

CCJ vs. IWM - Drawdown Comparison

The maximum CCJ drawdown since its inception was -87.53%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for CCJ and IWM.

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Drawdown Indicators

CCJIWMDifference

Max Drawdown

Largest peak-to-trough decline

-87.53%

-59.05%

-28.48%

Max Drawdown (1Y)

Largest decline over 1 year

-25.69%

-11.03%

-14.66%

Max Drawdown (3Y)

Largest decline over 3 years

-40.01%

-27.50%

-12.51%

Max Drawdown (5Y)

Largest decline over 5 years

-40.01%

-31.91%

-8.10%

Max Drawdown (10Y)

Largest decline over 10 years

-57.22%

-41.13%

-16.09%

Current Drawdown

Current decline from peak

-21.37%

-2.71%

-18.66%

Average Drawdown

Average peak-to-trough decline

-46.09%

-10.76%

-35.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.54%

3.11%

+8.43%

Volatility

CCJ vs. IWM - Volatility Comparison

Cameco Corporation (CCJ) has a higher volatility of 15.98% compared to iShares Russell 2000 ETF (IWM) at 6.52%. This indicates that CCJ's price experiences larger fluctuations and is considered to be riskier than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CCJIWMDifference

Volatility (1M)

Calculated over the trailing 1-month period

15.98%

6.52%

+9.46%

Volatility (6M)

Calculated over the trailing 6-month period

39.04%

14.00%

+25.04%

Volatility (1Y)

Calculated over the trailing 1-year period

55.87%

19.53%

+36.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

49.87%

22.58%

+27.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

46.69%

23.07%

+23.62%

Dividends

CCJ vs. IWM - Dividend Comparison

CCJ's dividend yield for the trailing twelve months is around 0.16%, less than IWM's 0.89% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
IWM
iShares Russell 2000 ETF		0.89%1.04%1.15%1.35%1.48%0.94%1.04%1.26%1.40%1.26%1.38%1.54%

Frequently Asked Questions

CCJ and IWM have a correlation of 0.48, 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 IWM (6.52%). In terms of maximum drawdown, CCJ dropped -87.53% vs IWM's -59.05%.

IWM currently has the higher Sharpe Ratio (1.83 vs 1.35), 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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