CMTL vs. UEC

Last updated Jun 25, 2026

CMTL (Comtech Telecommunications Corp.) and UEC (Uranium Energy Corp.) are both stocks. CMTL operates in Communication Equipment (Technology), while UEC operates in Uranium (Energy). Over the past 10 years, CMTL returned -13.69%/yr vs 28.91%/yr for UEC. At a 0.24 correlation, their price movements are largely independent.

Performance

CMTL vs. UEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Comtech Telecommunications Corp. (CMTL) and Uranium Energy Corp. (UEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CMTL achieves a -55.58% return, which is significantly lower than UEC's -6.68% return. Over the past 10 years, CMTL has underperformed UEC with an annualized return of -13.69%, while UEC has yielded a comparatively higher 28.91% annualized return.

CMTL

• 1D: -1.67%
• 1M: -50.94%
• YTD: -55.58%
• 6M: -47.07%
• 1Y: -9.96%
• 3Y*: -36.37%
• 5Y*: -37.85%
• 10Y*: -13.69%

UEC

• 1D: -3.88%
• 1M: -16.28%
• YTD: -6.68%
• 6M: -12.03%
• 1Y: 63.91%
• 3Y*: 47.31%
• 5Y*: 32.89%
• 10Y*: 28.91%

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

CMTL vs. UEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CMTL Comtech Telecommunications Corp.	-55.58%	31.92%	-52.43%	-30.04%	-47.10%	16.52%	-40.46%	48.02%	11.56%	91.66%
UEC Uranium Energy Corp.	-6.68%	74.59%	4.53%	64.95%	15.82%	90.34%	91.47%	-26.46%	-29.38%	58.04%

Correlation

The correlation between CMTL and UEC is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Apr 5, 2007	0.24

Fundamentals

Market Cap CMTL : $70.58M UEC : $5.35B
EPS CMTL : -$479.78K UEC : -$0.22
PS Ratio CMTL : 0.00 UEC : 254.75
Total Revenue (TTM) CMTL : $106.00T UEC : $20.20M
Gross Profit (TTM) CMTL : $36.07T UEC : -$18.26M
EBITDA (TTM) CMTL : $1.52T UEC : -$114.96M

Return for Risk

CMTL vs. UEC — Risk / Return Rank

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

CMTL

CMTL Risk / Return Rank: 41
CMTL Sharpe Ratio Rank: 39
CMTL Sortino Ratio Rank: 45
CMTL Omega Ratio Rank: 47
CMTL Calmar Ratio Rank: 38
CMTL Martin Ratio Rank: 36

UEC

UEC Risk / Return Rank: 67
UEC Sharpe Ratio Rank: 69
UEC Sortino Ratio Rank: 68
UEC Omega Ratio Rank: 65
UEC Calmar Ratio Rank: 67
UEC Martin Ratio Rank: 68

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.

CMTL vs. UEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Comtech Telecommunications Corp. (CMTL) and Uranium Energy Corp. (UEC). 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.

	CMTL	UEC	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	0.81	-0.91
Sortino ratio: Return per unit of downside risk	0.53	1.55	-1.02
Omega ratio: Gain probability vs. loss probability	1.08	1.18	-0.10
Calmar ratio: Return relative to maximum drawdown	-0.16	1.21	-1.37
Martin ratio: Return relative to average drawdown	-0.43	2.82	-3.24

CMTL vs. UEC - Sharpe Ratio Comparison

The current CMTL Sharpe Ratio is -0.11, which is lower than the UEC Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of CMTL and UEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CMTL vs. UEC - Drawdown Comparison

The maximum CMTL drawdown since its inception was -96.69%, roughly equal to the maximum UEC drawdown of -97.40%. Use the drawdown chart below to compare losses from any high point for CMTL and UEC.

Drawdown Indicators

	CMTL	UEC	Difference
Max Drawdown Largest peak-to-trough decline	-96.69%	-97.40%	+0.71%
Max Drawdown (1Y) Largest decline over 1 year	-60.70%	-53.23%	-7.47%
Max Drawdown (3Y) Largest decline over 3 years	-90.21%	-53.49%	-36.72%
Max Drawdown (5Y) Largest decline over 5 years	-95.27%	-63.76%	-31.51%
Max Drawdown (10Y) Largest decline over 10 years	-96.42%	-80.59%	-15.83%
Current Drawdown Current decline from peak	-93.77%	-45.88%	-47.89%
Average Drawdown Average peak-to-trough decline	-47.49%	-62.05%	+14.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.27%	22.77%	+0.50%

Volatility

CMTL vs. UEC - Volatility Comparison

Comtech Telecommunications Corp. (CMTL) has a higher volatility of 62.98% compared to Uranium Energy Corp. (UEC) at 33.70%. This indicates that CMTL's price experiences larger fluctuations and is considered to be riskier than UEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMTL	UEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	62.98%	33.70%	+29.28%
Volatility (6M) Calculated over the trailing 6-month period	86.45%	60.30%	+26.15%
Volatility (1Y) Calculated over the trailing 1-year period	93.33%	79.58%	+13.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	92.51%	74.85%	+17.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.13%	73.87%	+1.26%

Dividends

CMTL vs. UEC - Dividend Comparison

Neither CMTL nor UEC has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMTL Comtech Telecommunications Corp.	0.00%	0.00%	0.00%	1.19%	3.29%	1.69%	1.93%	1.13%	1.64%	1.81%	10.13%	5.97%
UEC Uranium 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

Frequently Asked Questions

Can I hold both CMTL and UEC in my portfolio?

CMTL and UEC have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CMTL or UEC?

CMTL has higher volatility (62.98%) compared to UEC (33.70%). In terms of maximum drawdown, CMTL dropped -96.69% vs UEC's -97.40%.

Which has better risk-adjusted returns?

UEC currently has the higher Sharpe Ratio (0.81 vs -0.11), 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.