CCO.TO vs. LEU
CCO.TO (Cameco Corporation) and LEU (Centrus Energy Corp.) are both stocks. Both operate in the Uranium industry within the Energy sector. Over the past 10 years, CCO.TO returned 26.60%/yr vs 48.79%/yr for LEU. At a 0.31 correlation, their price movements are largely independent.
Performance
CCO.TO vs. LEU - Performance Comparison
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Different Trading Currencies
CCO.TO is traded in CAD, while LEU is traded in USD. To make them comparable, the LEU 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 12.21% return, which is significantly higher than LEU's -31.67% return. Over the past 10 years, CCO.TO has underperformed LEU with an annualized return of 26.60%, while LEU has yielded a comparatively higher 48.79% annualized return.
CCO.TO
- 1D
- 2.17%
- 1M
- -4.70%
- YTD
- 12.21%
- 6M
- 11.96%
- 1Y
- 56.08%
- 3Y*
- 49.98%
- 5Y*
- 40.56%
- 10Y*
- 26.60%
LEU
- 1D
- 2.65%
- 1M
- -9.35%
- YTD
- -31.67%
- 6M
- -33.78%
- 1Y
- 2.98%
- 3Y*
- 71.28%
- 5Y*
- 47.74%
- 10Y*
- 48.79%
CCO.TO vs. LEU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCO.TO Cameco Corporation | 12.21% | 70.37% | 29.62% | 86.52% | 11.71% | 62.18% | 48.65% | -24.97% | 34.00% | -14.67% |
LEU Centrus Energy Corp. | -31.67% | 247.81% | 32.79% | 63.53% | -30.80% | 115.67% | 228.21% | 290.32% | -54.31% | -41.40% |
Correlation
The correlation between CCO.TO and LEU is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.31 |
Over the past year, CCO.TO and LEU have become more correlated (0.63) than their long-term average of 0.31, meaning their price movements have been converging.
Fundamentals
CCO.TO:
CA$61.44B
LEU:
$3.65B
CCO.TO:
CA$1.49
LEU:
$2.89
CCO.TO:
94.41
LEU:
56.19
CCO.TO:
17.36
LEU:
7.53
CCO.TO:
8.70
LEU:
4.71
CCO.TO:
CA$3.54B
LEU:
$452.30M
CCO.TO:
CA$1.13B
LEU:
$116.10M
CCO.TO:
CA$818.74M
LEU:
$70.50M
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Return for Risk
CCO.TO vs. LEU — Risk / Return Rank
CCO.TO
LEU
CCO.TO vs. LEU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCO.TO) and Centrus Energy Corp. (LEU). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CCO.TO | LEU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.09 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | 0.07 | +2.04 |
| Martin ratioReturn relative to average drawdown | 5.02 | 0.13 | +4.90 |
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Drawdowns
CCO.TO vs. LEU - Drawdown Comparison
The maximum CCO.TO drawdown since its inception was -83.63%, smaller than the maximum LEU drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for CCO.TO and LEU.
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Drawdown Indicators
| CCO.TO | LEU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.63% | -99.98% | +16.35% |
Max Drawdown (1Y)Largest decline over 1 year | -27.09% | -66.59% | +39.50% |
Max Drawdown (3Y)Largest decline over 3 years | -39.52% | -66.59% | +27.07% |
Max Drawdown (5Y)Largest decline over 5 years | -39.52% | -77.53% | +38.01% |
Max Drawdown (10Y)Largest decline over 10 years | -52.84% | -83.63% | +30.79% |
Current DrawdownCurrent decline from peak | -22.37% | -96.90% | +74.53% |
Average DrawdownAverage peak-to-trough decline | -48.40% | -81.81% | +33.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.38% | 39.29% | -27.91% |
Volatility
CCO.TO vs. LEU - Volatility Comparison
The current volatility for Cameco Corporation (CCO.TO) is 17.67%, while Centrus Energy Corp. (LEU) has a volatility of 24.36%. This indicates that CCO.TO experiences smaller price fluctuations and is considered to be less risky than LEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCO.TO | LEU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.67% | 24.36% | -6.69% |
Volatility (6M)Calculated over the trailing 6-month period | 38.63% | 66.67% | -28.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.97% | 91.49% | -37.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.05% | 86.63% | -38.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.10% | 82.39% | -37.29% |
Dividends
CCO.TO vs. LEU - Dividend Comparison
CCO.TO's dividend yield for the trailing twelve months is around 0.17%, while LEU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCO.TO Cameco Corporation | 0.17% | 0.19% | 0.22% | 0.21% | 0.39% | 0.29% | 0.47% | 0.69% | 0.52% | 3.45% | 2.85% | 2.34% |
LEU Centrus Energy Corp. | 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
CCO.TO vs. LEU - Financials Comparison
This section allows you to compare key financial metrics between Cameco Corporation and Centrus Energy Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CCO.TO vs. LEU - Profitability Comparison
CCO.TO - 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 290.25M and revenue of 845.37M. Therefore, the gross margin over that period was 34.3%.
LEU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Centrus Energy Corp. reported a gross profit of 31.50M and revenue of 76.70M. Therefore, the gross margin over that period was 41.1%.
CCO.TO - 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 153.89M and revenue of 845.37M, resulting in an operating margin of 18.2%.
LEU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Centrus Energy Corp. reported an operating income of 800.00K and revenue of 76.70M, resulting in an operating margin of 1.0%.
CCO.TO - 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 130.75M and revenue of 845.37M, resulting in a net margin of 15.5%.
LEU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Centrus Energy Corp. reported a net income of 10.00M and revenue of 76.70M, resulting in a net margin of 13.0%.
Frequently Asked Questions
CCO.TO and LEU have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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