METI.L vs. CCJ
METI.L (IncomeShares META Options ETP GBP) is Derivative Income fund actively managed by Leverage Shares, while CCJ (Cameco Corporation) is a stock. Over the past year, METI.L returned -33.00% vs 46.26% for CCJ. At a 0.18 correlation, their price movements are largely independent.
Performance
METI.L vs. CCJ - Performance Comparison
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Different Trading Currencies
METI.L is traded in GBp, while CCJ is traded in USD. To make them comparable, the CCJ values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, METI.L achieves a -27.60% return, which is significantly lower than CCJ's 16.60% return.
METI.L
- 1D
- 0.00%
- 1M
- -9.59%
- YTD
- -27.60%
- 6M
- -26.84%
- 1Y
- -33.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CCJ
- 1D
- 0.87%
- 1M
- -1.05%
- YTD
- 16.60%
- 6M
- 15.12%
- 1Y
- 46.26%
- 3Y*
- 50.84%
- 5Y*
- 41.01%
- 10Y*
- 27.08%
METI.L vs. CCJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
METI.L IncomeShares META Options ETP GBP | -27.60% | -0.90% | 3.56% |
CCJ Cameco Corporation | 16.60% | 65.67% | 4.68% |
Correlation
The correlation between METI.L and CCJ is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2024 | 0.18 |
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Return for Risk
METI.L vs. CCJ — Risk / Return Rank
METI.L
CCJ
METI.L vs. CCJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares META Options ETP GBP (METI.L) and Cameco Corporation (CCJ). 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.
| METI.L | CCJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.49 | ||
| Sortino ratioReturn per unit of downside risk | -2.37 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.19 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 1.73 | -2.36 |
| Martin ratioReturn relative to average drawdown | -0.95 | 4.03 | -4.98 |
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Drawdowns
METI.L vs. CCJ - Drawdown Comparison
The maximum METI.L drawdown since its inception was -52.73%, smaller than the maximum CCJ drawdown of -78.68%. Use the drawdown chart below to compare losses from any high point for METI.L and CCJ.
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Drawdown Indicators
| METI.L | CCJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.73% | -78.68% | +25.95% |
Max Drawdown (1Y)Largest decline over 1 year | -52.73% | -26.84% | -25.89% |
Max Drawdown (3Y)Largest decline over 3 years | — | -40.54% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.54% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -54.09% | — |
Current DrawdownCurrent decline from peak | -52.73% | -18.48% | -34.25% |
Average DrawdownAverage peak-to-trough decline | -22.63% | -41.13% | +18.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.71% | 11.51% | +23.20% |
Volatility
METI.L vs. CCJ - Volatility Comparison
The current volatility for IncomeShares META Options ETP GBP (METI.L) is 10.42%, while Cameco Corporation (CCJ) has a volatility of 17.86%. This indicates that METI.L experiences smaller price fluctuations and is considered to be less risky than CCJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| METI.L | CCJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.42% | 17.86% | -7.44% |
Volatility (6M)Calculated over the trailing 6-month period | 24.77% | 38.19% | -13.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.42% | 54.63% | -3.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.17% | 48.47% | -4.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.17% | 45.93% | -1.76% |
Dividends
METI.L vs. CCJ - Dividend Comparison
METI.L's dividend yield for the trailing twelve months is around 21.32%, more than CCJ's 0.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCJ Cameco Corporation | 0.16% | 0.19% | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 4.33% | 3.82% | 3.24% |
METI.L IncomeShares META Options ETP GBP | 21.32% | 20.59% | 3.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
METI.L and CCJ have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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