CCO.TO vs. HISU-U.TO

Last updated Jun 4, 2026

CCO.TO (Cameco Corporation) is a stock, while HISU-U.TO (Evolve US High Interest Savings Account Fund) is Money Market fund actively managed by Evolve. Over the past 3 years, CCO.TO returned 58.39%/yr vs 4.59%/yr for HISU-U.TO. At a correlation of -0.19, they often move in opposite directions.

Performance

CCO.TO vs. HISU-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Cameco Corporation (CCO.TO) and Evolve US High Interest Savings Account Fund (HISU-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CCO.TO is traded in CAD, while HISU-U.TO is traded in USD. To make them comparable, the HISU-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CCO.TO achieves a 26.93% return, which is significantly higher than HISU-U.TO's 2.33% return.

CCO.TO

• 1D: -4.40%
• 1M: -1.05%
• YTD: 26.93%
• 6M: 27.80%
• 1Y: 95.25%
• 3Y*: 58.39%
• 5Y*: 44.28%
• 10Y*: 27.60%

HISU-U.TO

• 1D: 0.42%
• 1M: 2.21%
• YTD: 2.33%
• 6M: 0.87%
• 1Y: 4.08%
• 3Y*: 4.59%
• 5Y*: —
• 10Y*: —

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

CCO.TO vs. HISU-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CCO.TO Cameco Corporation	26.93%	70.37%	29.62%	86.52%	-20.76%
HISU-U.TO Evolve US High Interest Savings Account Fund	2.33%	-1.75%	12.72%	1.60%	4.39%

Correlation

The correlation between CCO.TO and HISU-U.TO is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (3Y) Calculated over the trailing 3-year period	-0.14
Correlation (All Time) Calculated using the full available price history since Aug 31, 2022	-0.19

Return for Risk

CCO.TO vs. HISU-U.TO — Risk / Return Rank

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

CCO.TO

CCO.TO Risk / Return Rank: 84
CCO.TO Sharpe Ratio Rank: 85
CCO.TO Sortino Ratio Rank: 83
CCO.TO Omega Ratio Rank: 80
CCO.TO Calmar Ratio Rank: 86
CCO.TO Martin Ratio Rank: 85

HISU-U.TO

HISU-U.TO Risk / Return Rank: 99
HISU-U.TO Sharpe Ratio Rank: 99
HISU-U.TO Sortino Ratio Rank: 99
HISU-U.TO Omega Ratio Rank: 99
HISU-U.TO Calmar Ratio Rank: 99
HISU-U.TO Martin Ratio Rank: 99

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.

CCO.TO vs. HISU-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCO.TO) and Evolve US High Interest Savings Account Fund (HISU-U.TO). 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.

	CCO.TO	HISU-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.78	0.90	+0.89
Sortino ratio: Return per unit of downside risk	2.57	1.25	+1.32
Omega ratio: Gain probability vs. loss probability	1.31	1.16	+0.15
Calmar ratio: Return relative to maximum drawdown	3.85	1.02	+2.83
Martin ratio: Return relative to average drawdown	8.84	2.66	+6.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCO.TO vs. HISU-U.TO - Sharpe Ratio Comparison

The current CCO.TO Sharpe Ratio is 1.78, which is higher than the HISU-U.TO Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of CCO.TO and HISU-U.TO, 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

	CCO.TO	HISU-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.78	0.90	+0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.85	-0.48

Drawdowns

CCO.TO vs. HISU-U.TO - Drawdown Comparison

The maximum CCO.TO drawdown since its inception was -83.63%, which is greater than HISU-U.TO's maximum drawdown of -5.49%. Use the drawdown chart below to compare losses from any high point for CCO.TO and HISU-U.TO.

Drawdown Indicators

	CCO.TO	HISU-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-83.63%	-5.49%	-78.14%
Max Drawdown (1Y) Largest decline over 1 year	-24.86%	-4.01%	-20.85%
Max Drawdown (3Y) Largest decline over 3 years	-39.52%	-5.49%	-34.03%
Max Drawdown (5Y) Largest decline over 5 years	-39.52%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.84%	—	—
Current Drawdown Current decline from peak	-12.19%	-0.69%	-11.50%
Average Drawdown Average peak-to-trough decline	-39.05%	-1.78%	-37.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.81%	1.54%	+9.27%

Volatility

CCO.TO vs. HISU-U.TO - Volatility Comparison

Cameco Corporation (CCO.TO) has a higher volatility of 15.48% compared to Evolve US High Interest Savings Account Fund (HISU-U.TO) at 0.79%. This indicates that CCO.TO's price experiences larger fluctuations and is considered to be riskier than HISU-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCO.TO	HISU-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.48%	0.79%	+14.69%
Volatility (6M) Calculated over the trailing 6-month period	36.84%	3.43%	+33.41%
Volatility (1Y) Calculated over the trailing 1-year period	53.75%	4.58%	+49.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.74%	5.94%	+41.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.95%	5.94%	+39.01%

Dividends

CCO.TO vs. HISU-U.TO - Dividend Comparison

CCO.TO's dividend yield for the trailing twelve months is around 0.15%, less than HISU-U.TO's 2.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCO.TO Cameco Corporation	0.15%	0.19%	0.22%	0.21%	0.39%	0.29%	0.47%	0.69%	0.52%	3.45%	2.85%	2.34%
HISU-U.TO Evolve US High Interest Savings Account Fund	2.74%	2.93%	3.70%	3.85%	0.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CCO.TO and HISU-U.TO in my portfolio?

CCO.TO and HISU-U.TO have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.