CCJ vs. NXE
CCJ (Cameco Corporation) and NXE (NexGen Energy Ltd.) are both stocks. Both operate in the Uranium industry within the Energy sector. Over the past 5 years, CCJ returned 37.49%/yr vs 16.63%/yr for NXE. Their 0.69 correlation means they have sometimes moved together and sometimes differently.
Performance
CCJ vs. NXE - Performance Comparison
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Returns By Period
In the year-to-date period, CCJ achieves a -5.59% return, which is significantly lower than NXE's -0.54% return.
CCJ
- 1D
- -2.10%
- 1M
- -10.52%
- 6M
- -29.99%
- YTD
- -5.59%
- 1Y
- 18.67%
- 3Y*
- 36.00%
- 5Y*
- 37.49%
- 10Y*
- 25.91%
- ALL TIME*
- 9.28%
NXE
- 1D
- -1.82%
- 1M
- -4.98%
- 6M
- -27.21%
- YTD
- -0.54%
- 1Y
- 41.20%
- 3Y*
- 23.48%
- 5Y*
- 16.63%
- 10Y*
- —
- ALL TIME*
- 15.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $353.80M | $350.26M | $354.16M | |
| $47.87M | $44.12M | $61.33M |
CCJ vs. NXE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | -5.59% | 78.38% | 19.47% | 90.49% | 4.35% | 63.19% | 51.47% | -21.08% | 23.58% | -3.78% |
NXE NexGen Energy Ltd. | -0.54% | 39.39% | -5.71% | 58.01% | 1.37% | 58.33% | 115.63% | -28.09% | -30.47% | 3.64% |
Correlation
The correlation between CCJ and NXE is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (All Time) Calculated using the full available price history since May 17, 2017 | 0.69 |
The correlation between CCJ and NXE shifts across timeframes, from 0.69 (all time) to 0.84 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CCJ:
$37.62B
NXE:
$6.06B
CCJ:
CA$1.49
NXE:
-CA$0.67
CCJ:
7.44
NXE:
4.98
CCJ:
CA$3.54B
NXE:
CA$0.00
CCJ:
CA$1.04B
NXE:
-CA$992.64K
CCJ:
CA$996.66M
NXE:
-CA$247.46M
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Return for Risk
CCJ vs. NXE — Risk / Return Rank
CCJ
NXE
CCJ vs. NXE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCJ) and NexGen Energy Ltd. (NXE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CCJ | NXE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.14 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 0.98 | -0.56 |
| Martin ratioReturn relative to average drawdown | 0.98 | 2.27 | -1.29 |
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Drawdowns
CCJ vs. NXE - Drawdown Comparison
The maximum CCJ drawdown since its inception was -87.53%, which is greater than NXE's maximum drawdown of -80.60%. Use the drawdown chart below to compare losses from any high point for CCJ and NXE.
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Drawdown Indicators
| CCJ | NXE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.53% | -80.60% | -6.93% |
Max Drawdown (1Y)Largest decline over 1 year | -36.93% | -37.28% | +0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -40.01% | -54.28% | +14.27% |
Max Drawdown (5Y)Largest decline over 5 years | -40.01% | -54.28% | +14.27% |
Max Drawdown (10Y)Largest decline over 10 years | -57.22% | — | — |
Current DrawdownCurrent decline from peak | -35.58% | -34.27% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -46.00% | -26.69% | -19.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.91% | 16.06% | -0.15% |
Volatility
CCJ vs. NXE - Volatility Comparison
The current volatility for Cameco Corporation (CCJ) is 11.91%, while NexGen Energy Ltd. (NXE) has a volatility of 15.14%. This indicates that CCJ experiences smaller price fluctuations and is considered to be less risky than NXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCJ | NXE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.91% | 15.14% | -3.23% |
Volatility (6M)Calculated over the trailing 6-month period | 39.28% | 39.08% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.93% | 56.75% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.93% | 58.07% | -8.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.76% | 61.32% | -14.56% |
Dividends
CCJ vs. NXE - Dividend Comparison
CCJ's dividend yield for the trailing twelve months is around 0.20%, while NXE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.20% | 0.19% | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 4.33% | 3.82% | 3.24% |
NXE NexGen Energy Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CCJ vs. NXE - Financials Comparison
This section allows you to compare key financial metrics between Cameco Corporation and NexGen Energy Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CCJ and NXE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NXE has higher volatility (15.14%) compared to CCJ (11.91%). In terms of maximum drawdown, CCJ dropped -87.53% vs NXE's -80.60%.
NXE currently has the higher Sharpe Ratio (0.64 vs 0.28), 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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