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:
-0.51
SPY:
-0.09
CCJ:
-0.46
SPY:
-0.02
CCJ:
0.94
SPY:
1.00
CCJ:
-0.63
SPY:
-0.09
CCJ:
-1.35
SPY:
-0.45
CCJ:
17.74%
SPY:
3.31%
CCJ:
46.73%
SPY:
15.87%
CCJ:
-87.86%
SPY:
-55.19%
CCJ:
-38.13%
SPY:
-17.32%
Returns By Period
In the year-to-date period, CCJ achieves a -26.39% return, which is significantly lower than SPY's -13.53% return. Both investments have delivered pretty close results over the past 10 years, with CCJ having a 11.13% annualized return and SPY not far ahead at 11.25%.
CCJ
-26.39%
-12.00%
-26.88%
-21.62%
35.18%
11.13%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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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 0.30%, less than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.30% | 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 | 1.42% | 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 12.35% compared to SPDR S&P 500 ETF (SPY) at 9.29%. 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.