DNN vs. UUUU

Last updated Jul 14, 2026

DNN (Denison Mines Corp) and UUUU (Energy Fuels Inc.) are both stocks. Both operate in the Uranium industry within the Energy sector. Over the past 10 years, DNN returned 18.39%/yr vs 19.06%/yr for UUUU. At a 0.48 correlation, their price movements are largely independent.

Performance

DNN vs. UUUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Denison Mines Corp (DNN) 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, DNN achieves a 13.91% return, which is significantly higher than UUUU's -10.25% return. Both investments have delivered pretty close results over the past 10 years, with DNN having a 18.39% annualized return and UUUU not far ahead at 19.06%.

DNN

• 1D: -6.19%
• 1M: -0.98%
• 6M: -10.36%
• YTD: 13.91%
• 1Y: 70.22%
• 3Y*: 34.69%
• 5Y*: 22.46%
• 10Y*: 18.39%

UUUU

• 1D: -3.90%
• 1M: -13.23%
• 6M: -32.24%
• YTD: -10.25%
• 1Y: 97.73%
• 3Y*: 28.23%
• 5Y*: 20.96%
• 10Y*: 19.06%

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

DNN vs. UUUU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DNN Denison Mines Corp	13.91%	47.78%	1.69%	53.91%	-16.06%	111.75%	54.05%	-9.48%	-15.64%	6.86%
UUUU Energy Fuels Inc.	-10.25%	183.43%	-28.65%	15.78%	-18.61%	79.11%	123.04%	-32.98%	59.22%	9.15%

Correlation

The correlation between DNN and UUUU is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Nov 24, 2006	0.48

Over the past year, DNN and UUUU have become more correlated (0.80) than their long-term average of 0.48, meaning their price movements have been converging.

Fundamentals

Market Cap DNN : $2.74B UUUU : $3.26B
EPS DNN : -CA$0.28 UUUU : -$0.45
PS Ratio DNN : 891.19 UUUU : 23.86
Total Revenue (TTM) DNN : CA$4.34M UUUU : $84.86M
Gross Profit (TTM) DNN : -CA$12.87M UUUU : $31.69M
EBITDA (TTM) DNN : -CA$155.36M UUUU : -$78.89M

Return for Risk

DNN vs. UUUU — Risk / Return Rank

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

DNN

DNN Risk / Return Rank: 77
DNN Sharpe Ratio Rank: 80
DNN Sortino Ratio Rank: 76
DNN Omega Ratio Rank: 73
DNN Calmar Ratio Rank: 79
DNN Martin Ratio Rank: 78

UUUU

UUUU Risk / Return Rank: 76
UUUU Sharpe Ratio Rank: 78
UUUU Sortino Ratio Rank: 77
UUUU Omega Ratio Rank: 74
UUUU Calmar Ratio Rank: 77
UUUU Martin Ratio Rank: 73

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.

DNN vs. UUUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Denison Mines Corp (DNN) 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.

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.

	DNN	UUUU	Difference
Sharpe ratio: Return per unit of total volatility	1.17	1.04	+0.13
Sortino ratio: Return per unit of downside risk	1.81	1.86	-0.05
Omega ratio: Gain probability vs. loss probability	1.21	1.22	0.00
Calmar ratio: Return relative to maximum drawdown	2.00	1.83	+0.17
Martin ratio: Return relative to average drawdown	4.52	3.33	+1.19

DNN vs. UUUU - Sharpe Ratio Comparison

The current DNN Sharpe Ratio is 1.17, which is comparable to the UUUU Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of DNN 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.

Drawdowns

DNN vs. UUUU - Drawdown Comparison

The maximum DNN drawdown since its inception was -98.96%, roughly equal to the maximum UUUU drawdown of -99.64%. Use the drawdown chart below to compare losses from any high point for DNN and UUUU.

Drawdown Indicators

	DNN	UUUU	Difference
Max Drawdown Largest peak-to-trough decline	-98.96%	-99.64%	+0.68%
Max Drawdown (1Y) Largest decline over 1 year	-35.24%	-53.61%	+18.37%
Max Drawdown (3Y) Largest decline over 3 years	-52.48%	-61.52%	+9.04%
Max Drawdown (5Y) Largest decline over 5 years	-55.66%	-68.70%	+13.04%
Max Drawdown (10Y) Largest decline over 10 years	-75.90%	-79.31%	+3.41%
Current Drawdown Current decline from peak	-84.29%	-94.44%	+10.15%
Average Drawdown Average peak-to-trough decline	-85.04%	-92.64%	+7.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.59%	29.49%	-13.90%

Volatility

DNN vs. UUUU - Volatility Comparison

The current volatility for Denison Mines Corp (DNN) is 14.66%, while Energy Fuels Inc. (UUUU) has a volatility of 18.14%. This indicates that DNN 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

	DNN	UUUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.66%	18.14%	-3.48%
Volatility (6M) Calculated over the trailing 6-month period	44.68%	64.27%	-19.59%
Volatility (1Y) Calculated over the trailing 1-year period	60.38%	94.27%	-33.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.29%	73.28%	-9.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.33%	72.56%	-8.23%

Dividends

DNN vs. UUUU - Dividend Comparison

Neither DNN nor UUUU has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both DNN and UUUU in my portfolio?

DNN and UUUU have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DNN or UUUU?

UUUU has higher volatility (18.14%) compared to DNN (14.66%). In terms of maximum drawdown, DNN dropped -98.96% vs UUUU's -99.64%.

Which has better risk-adjusted returns?

DNN currently has the higher Sharpe Ratio (1.17 vs 1.04), 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.