EFR.TO vs. NGEX.TO
EFR.TO (Energy Fuels Inc.) and NGEX.TO (NGEx Minerals Ltd) are both stocks. EFR.TO operates in Uranium (Energy), while NGEX.TO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, EFR.TO returned 19.77%/yr vs 106.42%/yr for NGEX.TO. At a 0.15 correlation, their price movements are largely independent.
Performance
EFR.TO vs. NGEX.TO - Performance Comparison
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Returns By Period
In the year-to-date period, EFR.TO achieves a 5.89% return, which is significantly higher than NGEX.TO's 3.95% return.
EFR.TO
- 1D
- -0.14%
- 1M
- -24.06%
- YTD
- 5.89%
- 6M
- 4.83%
- 1Y
- 187.96%
- 3Y*
- 34.35%
- 5Y*
- 19.77%
- 10Y*
- 21.00%
NGEX.TO
- 1D
- 6.87%
- 1M
- -10.46%
- YTD
- 3.95%
- 6M
- 6.06%
- 1Y
- 75.53%
- 3Y*
- 58.44%
- 5Y*
- 106.42%
- 10Y*
- —
EFR.TO vs. NGEX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EFR.TO Energy Fuels Inc. | 5.89% | 169.01% | -22.21% | 13.37% | -13.25% | 78.89% | 117.74% | 12.73% |
NGEX.TO NGEx Minerals Ltd | 3.95% | 90.90% | 87.29% | 132.47% | 66.49% | 255.77% | 35.06% | -41.67% |
Correlation
The correlation between EFR.TO and NGEX.TO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2019 | 0.15 |
The correlation between EFR.TO and NGEX.TO shifts across timeframes, from 0.15 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
EFR.TO:
CA$5.08B
NGEX.TO:
CA$5.77B
EFR.TO:
-$0.30
NGEX.TO:
-CA$0.63
EFR.TO:
5.03
NGEX.TO:
9.07
EFR.TO:
$84.86M
NGEX.TO:
CA$0.00
EFR.TO:
$25.23M
NGEX.TO:
-CA$36.44K
EFR.TO:
-$72.89M
NGEX.TO:
-CA$134.74M
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Return for Risk
EFR.TO vs. NGEX.TO — Risk / Return Rank
EFR.TO
NGEX.TO
EFR.TO vs. NGEX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Energy Fuels Inc. (EFR.TO) and NGEx Minerals Ltd (NGEX.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.
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.
| EFR.TO | NGEX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.24 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | 2.48 | +1.22 |
| Martin ratioReturn relative to average drawdown | 7.20 | 6.16 | +1.04 |
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Drawdowns
EFR.TO vs. NGEX.TO - Drawdown Comparison
The maximum EFR.TO drawdown since its inception was -99.57%, which is greater than NGEX.TO's maximum drawdown of -66.75%. Use the drawdown chart below to compare losses from any high point for EFR.TO and NGEX.TO.
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Drawdown Indicators
| EFR.TO | NGEX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.57% | -66.75% | -32.82% |
Max Drawdown (1Y)Largest decline over 1 year | -51.09% | -30.62% | -20.47% |
Max Drawdown (3Y)Largest decline over 3 years | -59.28% | -30.62% | -28.66% |
Max Drawdown (5Y)Largest decline over 5 years | -64.59% | -66.75% | +2.16% |
Max Drawdown (10Y)Largest decline over 10 years | -78.32% | — | — |
Current DrawdownCurrent decline from peak | -92.13% | -16.43% | -75.70% |
Average DrawdownAverage peak-to-trough decline | -91.43% | -18.77% | -72.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.24% | 12.31% | +13.93% |
Volatility
EFR.TO vs. NGEX.TO - Volatility Comparison
Energy Fuels Inc. (EFR.TO) has a higher volatility of 29.13% compared to NGEx Minerals Ltd (NGEX.TO) at 26.53%. This indicates that EFR.TO's price experiences larger fluctuations and is considered to be riskier than NGEX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EFR.TO | NGEX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.13% | 26.53% | +2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 66.37% | 45.97% | +20.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 97.73% | 58.36% | +39.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.77% | 62.92% | +8.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.81% | 71.85% | -1.04% |
Dividends
EFR.TO vs. NGEX.TO - Dividend Comparison
Neither EFR.TO nor NGEX.TO has paid dividends to shareholders.
Financials
EFR.TO vs. NGEX.TO - Financials Comparison
This section allows you to compare key financial metrics between Energy Fuels Inc. and NGEx Minerals Ltd. 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
Frequently Asked Questions
EFR.TO and NGEX.TO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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