CCJ vs. REMX
Compare and contrast key facts about Cameco Corporation (CCJ) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX).
REMX is a passively managed fund by VanEck that tracks the performance of the MVIS Global Rare Earth/Strategic Metals Index. It was launched on Oct 27, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCJ or REMX.
Performance
CCJ vs. REMX - Performance Comparison
Returns By Period
In the year-to-date period, CCJ achieves a 24.34% return, which is significantly higher than REMX's -25.95% return. Over the past 10 years, CCJ has outperformed REMX with an annualized return of 11.86%, while REMX has yielded a comparatively lower -2.47% annualized return.
CCJ
24.34%
-7.64%
1.02%
20.39%
42.36%
11.86%
REMX
-25.95%
-2.86%
-19.82%
-19.37%
5.65%
-2.47%
Key characteristics
| CCJ | REMX | |
|---|---|---|
| Sharpe Ratio | 0.56 | -0.61 |
| Sortino Ratio | 1.05 | -0.73 |
| Omega Ratio | 1.13 | 0.92 |
| Calmar Ratio | 0.73 | -0.27 |
| Martin Ratio | 1.74 | -0.96 |
| Ulcer Index | 14.03% | 24.13% |
| Daily Std Dev | 43.70% | 37.54% |
| Max Drawdown | -87.87% | -90.21% |
| Current Drawdown | -7.64% | -80.02% |
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Correlation
The correlation between CCJ and REMX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
CCJ vs. REMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCJ) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). 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.
Dividends
CCJ vs. REMX - Dividend Comparison
CCJ's dividend yield for the trailing twelve months is around 0.16%, while REMX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.16% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% | 1.85% |
REMX VanEck Vectors Rare Earth/Strategic Metals ETF | 0.00% | 0.00% | 1.56% | 5.25% | 0.81% | 1.60% | 12.43% | 2.89% | 2.23% | 4.77% | 1.53% | 0.23% |
Drawdowns
CCJ vs. REMX - Drawdown Comparison
The maximum CCJ drawdown since its inception was -87.87%, roughly equal to the maximum REMX drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for CCJ and REMX. For additional features, visit the drawdowns tool.
Volatility
CCJ vs. REMX - Volatility Comparison
Cameco Corporation (CCJ) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) have volatilities of 10.77% and 10.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.