KAP.IL vs. UEC

Last updated Jun 5, 2026

KAP.IL (JSC National Atomic Company Kazatomprom) and UEC (Uranium Energy Corp.) are both stocks. Both operate in the Uranium industry within the Energy sector. Over the past 5 years, KAP.IL returned 27.54%/yr vs 30.75%/yr for UEC. At a 0.24 correlation, their price movements are largely independent.

Performance

KAP.IL vs. UEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JSC National Atomic Company Kazatomprom (KAP.IL) 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, KAP.IL achieves a 33.15% return, which is significantly higher than UEC's 8.30% return.

KAP.IL

• 1D: 1.36%
• 1M: -13.90%
• YTD: 33.15%
• 6M: 20.42%
• 1Y: 92.17%
• 3Y*: 49.95%
• 5Y*: 27.54%
• 10Y*: —

UEC

• 1D: -10.54%
• 1M: -19.78%
• YTD: 8.30%
• 6M: -8.07%
• 1Y: 106.70%
• 3Y*: 60.67%
• 5Y*: 30.75%
• 10Y*: 27.90%

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

KAP.IL vs. UEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KAP.IL JSC National Atomic Company Kazatomprom	33.15%	56.56%	-1.79%	55.11%	-17.73%	114.56%	48.52%	1.24%	13.43%
UEC Uranium Energy Corp.	8.30%	74.59%	4.53%	64.95%	15.82%	90.34%	91.47%	-26.46%	-0.79%

Correlation

The correlation between KAP.IL and UEC 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	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Nov 14, 2018	0.24

The correlation between KAP.IL and UEC shifts across timeframes, from 0.24 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

KAP.IL vs. UEC — Risk / Return Rank

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

KAP.IL

KAP.IL Risk / Return Rank: 87
KAP.IL Sharpe Ratio Rank: 89
KAP.IL Sortino Ratio Rank: 85
KAP.IL Omega Ratio Rank: 84
KAP.IL Calmar Ratio Rank: 87
KAP.IL Martin Ratio Rank: 91

UEC

UEC Risk / Return Rank: 77
UEC Sharpe Ratio Rank: 80
UEC Sortino Ratio Rank: 76
UEC Omega Ratio Rank: 72
UEC Calmar Ratio Rank: 80
UEC Martin Ratio Rank: 76

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.

KAP.IL vs. UEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JSC National Atomic Company Kazatomprom (KAP.IL) 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.

	KAP.IL	UEC	Difference
Sharpe ratio: Return per unit of total volatility	2.10	1.41	+0.69
Sortino ratio: Return per unit of downside risk	2.68	2.08	+0.60
Omega ratio: Gain probability vs. loss probability	1.35	1.24	+0.10
Calmar ratio: Return relative to maximum drawdown	3.88	2.63	+1.25
Martin ratio: Return relative to average drawdown	12.54	5.19	+7.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KAP.IL vs. UEC - Sharpe Ratio Comparison

The current KAP.IL Sharpe Ratio is 2.10, which is higher than the UEC Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of KAP.IL 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.

Sharpe Ratios by Period

	KAP.IL	UEC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	1.41	+0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.42	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.04	+0.77

Drawdowns

KAP.IL vs. UEC - Drawdown Comparison

The maximum KAP.IL drawdown since its inception was -49.67%, smaller than the maximum UEC drawdown of -97.40%. Use the drawdown chart below to compare losses from any high point for KAP.IL and UEC.

Drawdown Indicators

	KAP.IL	UEC	Difference
Max Drawdown Largest peak-to-trough decline	-49.67%	-97.40%	+47.73%
Max Drawdown (1Y) Largest decline over 1 year	-25.44%	-40.86%	+15.42%
Max Drawdown (3Y) Largest decline over 3 years	-33.25%	-53.49%	+20.24%
Max Drawdown (5Y) Largest decline over 5 years	-49.67%	-63.76%	+14.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-80.59%	—
Current Drawdown Current decline from peak	-18.53%	-37.19%	+18.66%
Average Drawdown Average peak-to-trough decline	-14.99%	-62.11%	+47.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.89%	20.62%	-12.73%

Volatility

KAP.IL vs. UEC - Volatility Comparison

The current volatility for JSC National Atomic Company Kazatomprom (KAP.IL) is 15.07%, while Uranium Energy Corp. (UEC) has a volatility of 27.75%. This indicates that KAP.IL experiences smaller price fluctuations and is considered to be less risky than UEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KAP.IL	UEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.07%	27.75%	-12.68%
Volatility (6M) Calculated over the trailing 6-month period	37.94%	57.67%	-19.73%
Volatility (1Y) Calculated over the trailing 1-year period	47.09%	76.06%	-28.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.37%	74.18%	-26.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.08%	73.64%	-30.56%

Dividends

KAP.IL vs. UEC - Dividend Comparison

KAP.IL's dividend yield for the trailing twelve months is around 3.33%, while UEC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
KAP.IL JSC National Atomic Company Kazatomprom	3.33%	4.43%	6.85%	4.25%	6.44%	3.69%	5.14%	6.23%
UEC Uranium Energy Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both KAP.IL and UEC in my portfolio?

KAP.IL and UEC 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.