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.
Performance
CCJ vs. URA - Performance Comparison
Returns By Period
In the year-to-date period, CCJ achieves a 24.34% return, which is significantly higher than URA's 9.52% return. Over the past 10 years, CCJ has outperformed URA with an annualized return of 11.86%, while URA has yielded a comparatively lower 4.12% annualized return.
CCJ
24.34%
-7.64%
1.02%
20.39%
42.36%
11.86%
URA
9.52%
-6.34%
-7.12%
14.66%
25.86%
4.12%
Key characteristics
| CCJ | URA | |
|---|---|---|
| Sharpe Ratio | 0.56 | 0.46 |
| Sortino Ratio | 1.05 | 0.88 |
| Omega Ratio | 1.13 | 1.10 |
| Calmar Ratio | 0.73 | 0.22 |
| Martin Ratio | 1.74 | 1.34 |
| Ulcer Index | 14.03% | 12.21% |
| Daily Std Dev | 43.70% | 35.75% |
| Max Drawdown | -87.87% | -93.54% |
| Current Drawdown | -7.64% | -68.05% |
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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.
Risk-Adjusted Performance
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 0.16%, less than URA's 5.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.16% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% | 1.85% |
URA Global X Uranium ETF | 5.63% | 6.07% | 0.76% | 5.85% | 1.69% | 1.66% | 0.45% | 2.03% | 7.28% | 1.96% | 4.28% | 0.54% |
Drawdowns
CCJ vs. URA - Drawdown Comparison
The maximum CCJ drawdown since its inception was -87.87%, 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 10.77% compared to Global X Uranium ETF (URA) at 8.02%. 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.