CCJ vs. URA
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCJ or URA.
Correlation
The correlation between CCJ and URA is 0.78, 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.
Performance
CCJ vs. URA - Performance Comparison
Key characteristics
CCJ:
-0.54
URA:
-0.84
CCJ:
-0.52
URA:
-1.07
CCJ:
0.93
URA:
0.87
CCJ:
-0.63
URA:
-0.41
CCJ:
-1.40
URA:
-2.00
CCJ:
18.09%
URA:
15.92%
CCJ:
46.64%
URA:
38.03%
CCJ:
-87.86%
URA:
-93.54%
CCJ:
-40.01%
URA:
-78.05%
Returns By Period
In the year-to-date period, CCJ achieves a -28.62% return, which is significantly lower than URA's -24.35% return. Over the past 10 years, CCJ has outperformed URA with an annualized return of 10.39%, while URA has yielded a comparatively lower 2.91% annualized return.
CCJ
-28.62%
-12.31%
-28.75%
-24.61%
32.24%
10.39%
URA
-24.35%
-15.37%
-30.64%
-31.38%
20.55%
2.91%
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Risk-Adjusted Performance
CCJ vs. URA — Risk-Adjusted Performance Rank
CCJ
URA
CCJ vs. URA - Risk-Adjusted Performance 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.
Dividends
CCJ vs. URA - Dividend Comparison
CCJ's dividend yield for the trailing twelve months is around 0.31%, less than URA's 3.78% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.31% | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% |
URA Global X Uranium ETF | 3.78% | 2.86% | 6.07% | 0.76% | 5.85% | 1.69% | 1.66% | 0.45% | 2.03% | 7.28% | 1.96% | 4.28% |
Drawdowns
CCJ vs. URA - Drawdown Comparison
The maximum CCJ drawdown since its inception was -87.86%, 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. For additional features, visit the drawdowns tool.
Volatility
CCJ vs. URA - Volatility Comparison
Cameco Corporation (CCJ) has a higher volatility of 12.20% compared to Global X Uranium ETF (URA) at 11.28%. 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.