CCJ vs. UUUU

Last updated Jun 4, 2026

CCJ (Cameco Corporation) and UUUU (Energy Fuels Inc.) are both stocks. Both operate in the Uranium industry within the Energy sector. Over the past 10 years, CCJ returned 26.89%/yr vs 22.48%/yr for UUUU. At a 0.48 correlation, their price movements are largely independent.

Performance

CCJ vs. UUUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cameco Corporation (CCJ) and Energy Fuels Inc. (UUUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCJ achieves a 25.22% return, which is significantly higher than UUUU's 23.80% return. Over the past 10 years, CCJ has outperformed UUUU with an annualized return of 26.89%, while UUUU has yielded a comparatively lower 22.48% annualized return.

CCJ

• 1D: -4.94%
• 1M: -3.13%
• YTD: 25.22%
• 6M: 28.07%
• 1Y: 92.33%
• 3Y*: 56.47%
• 5Y*: 40.19%
• 10Y*: 26.89%

UUUU

• 1D: -7.88%
• 1M: -16.74%
• YTD: 23.80%
• 6M: 19.21%
• 1Y: 222.58%
• 3Y*: 41.23%
• 5Y*: 20.69%
• 10Y*: 22.48%

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

CCJ vs. UUUU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCJ Cameco Corporation	25.22%	78.38%	19.47%	90.49%	4.35%	63.19%	51.47%	-21.08%	23.58%	-8.20%
UUUU Energy Fuels Inc.	23.80%	183.43%	-28.65%	15.78%	-18.61%	79.11%	123.04%	-32.98%	59.22%	9.15%

Correlation

The correlation between CCJ and UUUU is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Nov 27, 2006	0.48

Over the past year, CCJ and UUUU have become more correlated (0.70) than their long-term average of 0.48, meaning their price movements have been converging.

Fundamentals

EPS CCJ : $1.49 UUUU : -$0.41
PS Ratio CCJ : 14.10 UUUU : 36.33
Total Revenue (TTM) CCJ : $3.54B UUUU : $84.86M
Gross Profit (TTM) CCJ : $1.04B UUUU : $31.69M
EBITDA (TTM) CCJ : $996.66M UUUU : -$78.89M

Return for Risk

CCJ vs. UUUU — Risk / Return Rank

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

CCJ

CCJ Risk / Return Rank: 82
CCJ Sharpe Ratio Rank: 84
CCJ Sortino Ratio Rank: 82
CCJ Omega Ratio Rank: 78
CCJ Calmar Ratio Rank: 85
CCJ Martin Ratio Rank: 83

UUUU

UUUU Risk / Return Rank: 86
UUUU Sharpe Ratio Rank: 91
UUUU Sortino Ratio Rank: 85
UUUU Omega Ratio Rank: 81
UUUU Calmar Ratio Rank: 89
UUUU Martin Ratio Rank: 85

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. UUUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCJ) and Energy Fuels Inc. (UUUU). 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	UUUU	Difference
Sharpe ratio Return per unit of total volatility	1.69	2.38	-0.69
Sortino ratio Return per unit of downside risk	2.48	2.76	-0.28
Omega ratio Gain probability vs. loss probability	1.29	1.33	-0.03
Calmar ratio Return relative to maximum drawdown	3.61	4.37	-0.76
Martin ratio Return relative to average drawdown	8.18	8.83	-0.65
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. UUUU - Sharpe Ratio Comparison

The current CCJ Sharpe Ratio is 1.69, which is comparable to the UUUU Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of CCJ and UUUU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CCJ	UUUU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	2.38	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.28	+0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.31	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	-0.13	+0.37

Drawdowns

CCJ vs. UUUU - Drawdown Comparison

The maximum CCJ drawdown since its inception was -87.53%, smaller than the maximum UUUU drawdown of -99.64%. Use the drawdown chart below to compare losses from any high point for CCJ and UUUU.

Drawdown Indicators

	CCJ	UUUU	Difference
Max Drawdown Largest peak-to-trough decline	-87.53%	-99.64%	+12.11%
Max Drawdown (1Y) Largest decline over 1 year	-25.69%	-51.28%	+25.59%
Max Drawdown (3Y) Largest decline over 3 years	-40.01%	-61.52%	+21.51%
Max Drawdown (5Y) Largest decline over 5 years	-40.01%	-68.70%	+28.69%
Max Drawdown (10Y) Largest decline over 10 years	-57.22%	-79.31%	+22.09%
Current Drawdown Current decline from peak	-14.56%	-92.34%	+77.78%
Average Drawdown Average peak-to-trough decline	-46.10%	-92.65%	+46.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.33%	25.33%	-14.00%

Volatility

CCJ vs. UUUU - Volatility Comparison

The current volatility for Cameco Corporation (CCJ) is 15.87%, while Energy Fuels Inc. (UUUU) has a volatility of 25.45%. This indicates that CCJ experiences smaller price fluctuations and is considered to be less risky than UUUU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCJ	UUUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.87%	25.45%	-9.58%
Volatility (6M) Calculated over the trailing 6-month period	38.06%	65.27%	-27.21%
Volatility (1Y) Calculated over the trailing 1-year period	54.94%	95.07%	-40.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.69%	73.00%	-23.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.60%	72.53%	-25.93%

Dividends

CCJ vs. UUUU - Dividend Comparison

CCJ's dividend yield for the trailing twelve months is around 0.15%, while UUUU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCJ Cameco Corporation	0.15%	0.19%	0.22%	0.20%	0.39%	0.29%	0.46%	0.67%	0.53%	4.33%	3.82%	3.24%
UUUU Energy Fuels Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

CCJ vs. UUUU - Profitability Comparison

The chart below illustrates the profitability comparison between Cameco Corporation and Energy Fuels Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CCJ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a gross profit of 291.00M and revenue of 847.55M. Therefore, the gross margin over that period was 34.3%.

UUUU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Energy Fuels Inc. reported a gross profit of 14.36M and revenue of 35.84M. Therefore, the gross margin over that period was 40.1%.

CCJ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported an operating income of 154.28M and revenue of 847.55M, resulting in an operating margin of 18.2%.

UUUU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Energy Fuels Inc. reported an operating income of -16.93M and revenue of 35.84M, resulting in an operating margin of -47.2%.

CCJ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a net income of 131.09M and revenue of 847.55M, resulting in a net margin of 15.5%.

UUUU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Energy Fuels Inc. reported a net income of -10.84M and revenue of 35.84M, resulting in a net margin of -30.3%.

Frequently Asked Questions

Can I hold both CCJ and UUUU in my portfolio?

CCJ and UUUU have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCJ or UUUU?

UUUU has higher volatility (25.45%) compared to CCJ (15.87%). In terms of maximum drawdown, CCJ dropped -87.53% vs UUUU's -99.64%.

Which has better risk-adjusted returns?

UUUU currently has the higher Sharpe Ratio (2.38 vs 1.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.