CXW vs. UFO
CXW (CoreCivic, Inc.) is a stock, while UFO (Procure Space ETF) is Global Equities fund tracking the S-Network Space Index. Over the past 5 years, CXW returned 20.62%/yr vs 16.24%/yr for UFO. At a 0.35 correlation, their price movements are largely independent.
Performance
CXW vs. UFO - Performance Comparison
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Returns By Period
In the year-to-date period, CXW achieves a 20.67% return, which is significantly lower than UFO's 53.53% return.
CXW
- 1D
- 6.22%
- 1M
- 18.74%
- YTD
- 20.67%
- 6M
- 23.91%
- 1Y
- 4.82%
- 3Y*
- 38.82%
- 5Y*
- 20.62%
- 10Y*
- -0.49%
UFO
- 1D
- 2.77%
- 1M
- 16.90%
- YTD
- 53.53%
- 6M
- 68.11%
- 1Y
- 138.54%
- 3Y*
- 48.04%
- 5Y*
- 16.24%
- 10Y*
- —
CXW vs. UFO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CXW CoreCivic, Inc. | 20.67% | -12.10% | 49.62% | 25.69% | 15.95% | 52.21% | -59.85% | -10.18% |
UFO Procure Space ETF | 53.53% | 67.36% | 27.22% | -2.34% | -25.85% | 7.17% | -2.15% | 5.34% |
Correlation
The correlation between CXW and UFO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2019 | 0.35 |
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Return for Risk
CXW vs. UFO — Risk / Return Rank
CXW
UFO
CXW vs. UFO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoreCivic, Inc. (CXW) and Procure Space ETF (UFO). 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.
| CXW | UFO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.53 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.48 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 6.35 | -6.18 |
| Martin ratioReturn relative to average drawdown | 0.34 | 20.55 | -20.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CXW | UFO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 3.66 | -3.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.54 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.47 | -0.45 |
Drawdowns
CXW vs. UFO - Drawdown Comparison
The maximum CXW drawdown since its inception was -98.54%, which is greater than UFO's maximum drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for CXW and UFO.
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Drawdown Indicators
| CXW | UFO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.54% | -50.33% | -48.21% |
Max Drawdown (1Y)Largest decline over 1 year | -28.41% | -21.95% | -6.46% |
Max Drawdown (3Y)Largest decline over 3 years | -32.62% | -25.91% | -6.71% |
Max Drawdown (5Y)Largest decline over 5 years | -39.68% | -50.33% | +10.65% |
Max Drawdown (10Y)Largest decline over 10 years | -77.93% | — | — |
Current DrawdownCurrent decline from peak | -21.43% | -12.48% | -8.95% |
Average DrawdownAverage peak-to-trough decline | -56.73% | -21.81% | -34.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.06% | 6.77% | +7.29% |
Volatility
CXW vs. UFO - Volatility Comparison
The current volatility for CoreCivic, Inc. (CXW) is 15.76%, while Procure Space ETF (UFO) has a volatility of 16.68%. This indicates that CXW experiences smaller price fluctuations and is considered to be less risky than UFO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CXW | UFO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.76% | 16.68% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 28.68% | 31.33% | -2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.25% | 38.15% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.14% | 29.94% | +14.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.23% | 30.76% | +18.47% |
Dividends
CXW vs. UFO - Dividend Comparison
CXW has not paid dividends to shareholders, while UFO's dividend yield for the trailing twelve months is around 0.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CXW CoreCivic, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 13.44% | 7.59% | 9.65% | 7.47% | 8.34% | 8.15% |
UFO Procure Space ETF | 0.28% | 0.46% | 1.98% | 1.90% | 3.19% | 1.00% | 1.07% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CXW and UFO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UFO has higher volatility (16.68%) compared to CXW (15.76%). In terms of maximum drawdown, CXW dropped -98.54% vs UFO's -50.33%.
UFO currently has the higher Sharpe Ratio (3.66 vs 0.13), 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.
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