MTA vs. CCJ
MTA (Metalla Royalty & Streaming Ltd.) and CCJ (Cameco Corporation) are both stocks. MTA operates in Other Precious Metals & Mining (Basic Materials), while CCJ operates in Uranium (Energy). Over the past 5 years, MTA returned -5.04%/yr vs 40.65%/yr for CCJ. At a 0.25 correlation, their price movements are largely independent.
Performance
MTA vs. CCJ - Performance Comparison
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Returns By Period
In the year-to-date period, MTA achieves a -10.03% return, which is significantly lower than CCJ's 19.02% return.
MTA
- 1D
- -3.45%
- 1M
- 3.09%
- YTD
- -10.03%
- 6M
- -15.66%
- 1Y
- 92.31%
- 3Y*
- 18.67%
- 5Y*
- -5.04%
- 10Y*
- —
CCJ
- 1D
- 1.70%
- 1M
- 3.95%
- YTD
- 19.02%
- 6M
- 16.57%
- 1Y
- 56.49%
- 3Y*
- 54.15%
- 5Y*
- 40.65%
- 10Y*
- 27.23%
MTA vs. CCJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTA Metalla Royalty & Streaming Ltd. | -10.03% | 209.96% | -18.51% | -36.95% | -29.15% | -44.82% | 133.14% | 122.65% | 20.19% | 8.30% |
CCJ Cameco Corporation | 19.02% | 78.38% | 19.47% | 90.49% | 4.35% | 63.19% | 51.47% | -21.08% | 23.58% | -5.46% |
Correlation
The correlation between MTA and CCJ is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2017 | 0.25 |
Over the past year, MTA and CCJ have become more correlated (0.47) than their long-term average of 0.25, meaning their price movements have been converging.
Fundamentals
MTA:
$669.70M
CCJ:
$47.44B
MTA:
-$0.04
CCJ:
CA$1.49
MTA:
44.71
CCJ:
18.98
MTA:
2.64
CCJ:
9.49
MTA:
$14.70M
CCJ:
CA$3.54B
MTA:
$12.51M
CCJ:
CA$1.04B
MTA:
$3.72M
CCJ:
CA$996.66M
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Return for Risk
MTA vs. CCJ — Risk / Return Rank
MTA
CCJ
MTA vs. CCJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Metalla Royalty & Streaming Ltd. (MTA) 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.
| MTA | CCJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.21 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | 1.95 | +0.86 |
| Martin ratioReturn relative to average drawdown | 7.14 | 4.57 | +2.56 |
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Drawdowns
MTA vs. CCJ - Drawdown Comparison
The maximum MTA drawdown since its inception was -81.73%, smaller than the maximum CCJ drawdown of -87.53%. Use the drawdown chart below to compare losses from any high point for MTA and CCJ.
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Drawdown Indicators
| MTA | CCJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.73% | -87.53% | +5.80% |
Max Drawdown (1Y)Largest decline over 1 year | -33.04% | -29.13% | -3.91% |
Max Drawdown (3Y)Largest decline over 3 years | -49.85% | -40.01% | -9.84% |
Max Drawdown (5Y)Largest decline over 5 years | -73.31% | -40.01% | -33.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.22% | — |
Current DrawdownCurrent decline from peak | -46.50% | -18.79% | -27.71% |
Average DrawdownAverage peak-to-trough decline | -41.39% | -46.05% | +4.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.98% | 12.38% | +0.60% |
Volatility
MTA vs. CCJ - Volatility Comparison
Metalla Royalty & Streaming Ltd. (MTA) and Cameco Corporation (CCJ) have volatilities of 18.44% and 18.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTA | CCJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.44% | 18.32% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 40.18% | 39.71% | +0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.96% | 55.36% | -1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.59% | 49.79% | +3.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.13% | 46.78% | +10.35% |
Dividends
MTA vs. CCJ - Dividend Comparison
MTA has not paid dividends to shareholders, while CCJ's dividend yield for the trailing twelve months is around 0.16%.
| 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% |
MTA Metalla Royalty & Streaming Ltd. | 0.00% | 0.00% | 0.00% | 0.75% | 0.00% | 0.00% | 0.10% | 0.75% | 2.16% | 0.00% | 0.00% | 0.00% |
Financials
MTA vs. CCJ - Financials Comparison
This section allows you to compare key financial metrics between Metalla Royalty & Streaming Ltd. and Cameco Corporation. 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
MTA vs. CCJ - Profitability Comparison
MTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Metalla Royalty & Streaming Ltd. reported a gross profit of 2.66M and revenue of 3.02M. Therefore, the gross margin over that period was 88.1%.
CCJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a gross profit of 291.00M and revenue of 847.55M. Therefore, the gross margin over that period was 34.3%.
MTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Metalla Royalty & Streaming Ltd. reported an operating income of 367.83K and revenue of 3.02M, resulting in an operating margin of 12.2%.
CCJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported an operating income of 154.28M and revenue of 847.55M, resulting in an operating margin of 18.2%.
MTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Metalla Royalty & Streaming Ltd. reported a net income of 109.46K and revenue of 3.02M, resulting in a net margin of 3.6%.
CCJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a net income of 131.09M and revenue of 847.55M, resulting in a net margin of 15.5%.
Frequently Asked Questions
MTA and CCJ have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTA has higher volatility (18.44%) compared to CCJ (18.32%). In terms of maximum drawdown, MTA dropped -81.73% vs CCJ's -87.53%.
MTA currently has the higher Sharpe Ratio (1.73 vs 1.03), 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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