CCJ vs. SPY
Compare and contrast key facts about Cameco Corporation (CCJ) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCJ or SPY.
Correlation
The correlation between CCJ and SPY is 0.39, 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
CCJ vs. SPY - Performance Comparison
Key characteristics
CCJ:
0.03
SPY:
2.05
CCJ:
0.36
SPY:
2.73
CCJ:
1.04
SPY:
1.38
CCJ:
0.04
SPY:
3.11
CCJ:
0.09
SPY:
13.02
CCJ:
14.63%
SPY:
2.01%
CCJ:
44.10%
SPY:
12.77%
CCJ:
-87.87%
SPY:
-55.19%
CCJ:
-19.02%
SPY:
-2.33%
Returns By Period
In the year-to-date period, CCJ achieves a -3.66% return, which is significantly lower than SPY's 0.95% return. Over the past 10 years, CCJ has outperformed SPY with an annualized return of 14.48%, while SPY has yielded a comparatively lower 13.35% annualized return.
CCJ
-3.66%
-7.32%
6.80%
3.52%
41.63%
14.48%
SPY
0.95%
-1.76%
7.74%
26.88%
14.01%
13.35%
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Risk-Adjusted Performance
CCJ vs. SPY — Risk-Adjusted Performance Rank
CCJ
SPY
CCJ vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCJ) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
CCJ's dividend yield for the trailing twelve months is around 0.23%, less than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.23% | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% |
SPY SPDR S&P 500 ETF | 1.19% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CCJ vs. SPY - Drawdown Comparison
The maximum CCJ drawdown since its inception was -87.87%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CCJ and SPY. For additional features, visit the drawdowns tool.
Volatility
CCJ vs. SPY - Volatility Comparison
Cameco Corporation (CCJ) has a higher volatility of 9.79% compared to SPDR S&P 500 ETF (SPY) at 5.01%. This indicates that CCJ's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.