CCJ vs. URA

Last updated Apr 1, 2026

Compare and contrast key facts about Cameco Corporation (CCJ) and Global X Uranium ETF (URA).

URA is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components Index. It was launched on Nov 4, 2010.

Performance

CCJ vs. URA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cameco Corporation (CCJ) and Global X Uranium ETF (URA). The values are adjusted to include any dividend payments, if applicable.

CCJ vs. URA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCJ Cameco Corporation	18.71%	78.38%	19.47%	90.49%	4.35%	63.19%	51.47%	-21.08%	23.58%	-8.20%
URA Global X Uranium ETF	13.34%	67.18%	-0.58%	46.25%	-11.32%	57.57%	41.33%	-3.54%	-22.11%	19.36%

Returns By Period

In the year-to-date period, CCJ achieves a 18.71% return, which is significantly higher than URA's 13.34% return. Over the past 10 years, CCJ has outperformed URA with an annualized return of 25.21%, while URA has yielded a comparatively lower 16.47% annualized return.

CCJ

• 1D: 5.61%
• 1M: -8.27%
• YTD: 18.71%
• 6M: 29.77%
• 1Y: 164.39%
• 3Y*: 61.02%
• 5Y*: 44.84%
• 10Y*: 25.21%

URA

• 1D: 6.93%
• 1M: -10.88%
• YTD: 13.34%
• 6M: 6.44%
• 1Y: 121.39%
• 3Y*: 40.54%
• 5Y*: 24.65%
• 10Y*: 16.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CCJ vs. URA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCJ

CCJ Risk / Return Rank: 95
CCJ Sharpe Ratio Rank: 97
CCJ Sortino Ratio Rank: 95
CCJ Omega Ratio Rank: 93
CCJ Calmar Ratio Rank: 96
CCJ Martin Ratio Rank: 96

URA

URA Risk / Return Rank: 93
URA Sharpe Ratio Rank: 96
URA Sortino Ratio Rank: 95
URA Omega Ratio Rank: 90
URA Calmar Ratio Rank: 96
URA Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCJ vs. URA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCJ) and Global X Uranium ETF (URA). 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.

	CCJ	URA	Difference
Sharpe ratio Return per unit of total volatility	3.03	2.48	+0.55
Sortino ratio Return per unit of downside risk	3.56	2.97	+0.59
Omega ratio Gain probability vs. loss probability	1.44	1.37	+0.08
Calmar ratio Return relative to maximum drawdown	6.23	4.21	+2.02
Martin ratio Return relative to average drawdown	16.57	10.13	+6.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCJ vs. URA - Sharpe Ratio Comparison

The current CCJ Sharpe Ratio is 3.03, which is comparable to the URA Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of CCJ and URA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CCJ	URA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.03	2.48	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.58	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.44	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	-0.06	+0.29

Correlation

The correlation between CCJ and URA is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CCJ vs. URA - Dividend Comparison

CCJ's dividend yield for the trailing twelve months is around 0.16%, less than URA's 4.30% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCJ Cameco Corporation	0.16%	0.19%	0.22%	0.20%	0.39%	0.29%	0.46%	0.67%	0.53%	4.33%	3.82%	3.24%
URA Global X Uranium ETF	4.30%	4.88%	2.86%	6.07%	0.76%	5.84%	1.69%	1.66%	0.44%	2.03%	7.28%	1.96%

Drawdowns

CCJ vs. URA - Drawdown Comparison

The maximum CCJ drawdown since its inception was -87.53%, smaller than the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for CCJ and URA.

Drawdown Indicators

	CCJ	URA	Difference
Max Drawdown Largest peak-to-trough decline	-87.53%	-93.54%	+6.01%
Max Drawdown (1Y) Largest decline over 1 year	-25.69%	-28.43%	+2.74%
Max Drawdown (5Y) Largest decline over 5 years	-40.01%	-37.90%	-2.11%
Max Drawdown (10Y) Largest decline over 10 years	-57.22%	-61.45%	+4.23%
Current Drawdown Current decline from peak	-19.00%	-45.04%	+26.04%
Average Drawdown Average peak-to-trough decline	-46.29%	-75.40%	+29.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.67%	11.82%	-2.15%

Volatility

CCJ vs. URA - Volatility Comparison

Cameco Corporation (CCJ) has a higher volatility of 17.51% compared to Global X Uranium ETF (URA) at 16.31%. This indicates that CCJ's price experiences larger fluctuations and is considered to be riskier than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCJ	URA	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.51%	16.31%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	41.70%	38.54%	+3.16%
Volatility (1Y) Calculated over the trailing 1-year period	54.64%	49.21%	+5.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.71%	43.00%	+6.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.28%	37.23%	+9.05%