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:
-0.20
SPY:
0.51
CCJ:
0.05
SPY:
0.86
CCJ:
1.01
SPY:
1.13
CCJ:
-0.24
SPY:
0.55
CCJ:
-0.49
SPY:
2.26
CCJ:
19.43%
SPY:
4.55%
CCJ:
48.33%
SPY:
20.08%
CCJ:
-87.86%
SPY:
-55.19%
CCJ:
-28.05%
SPY:
-9.89%
Returns By Period
In the year-to-date period, CCJ achieves a -14.40% return, which is significantly lower than SPY's -5.76% return. Over the past 10 years, CCJ has underperformed SPY with an annualized return of 10.88%, while SPY has yielded a comparatively higher 12.04% annualized return.
CCJ
-14.40%
3.19%
-18.06%
-10.69%
35.00%
10.88%
SPY
-5.76%
-2.90%
-4.30%
9.72%
15.64%
12.04%
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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 0.26%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.26% | 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 | 1.30% | 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 -87.86%, 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 16.91% compared to SPDR S&P 500 ETF (SPY) at 15.12%. 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.