NGEX.TO vs. EFR.TO
NGEX.TO (NGEx Minerals Ltd) and EFR.TO (Energy Fuels Inc.) are both stocks. NGEX.TO operates in Other Industrial Metals & Mining (Basic Materials), while EFR.TO operates in Uranium (Energy). Over the past 5 years, NGEX.TO returned 106.42%/yr vs 19.77%/yr for EFR.TO. At a 0.15 correlation, their price movements are largely independent.
Performance
NGEX.TO vs. EFR.TO - Performance Comparison
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Returns By Period
In the year-to-date period, NGEX.TO achieves a 3.95% return, which is significantly lower than EFR.TO's 5.89% return.
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
- 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 vs. EFR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NGEX.TO NGEx Minerals Ltd | 3.95% | 90.90% | 87.29% | 132.47% | 66.49% | 255.77% | 35.06% | -41.67% |
EFR.TO Energy Fuels Inc. | 5.89% | 169.01% | -22.21% | 13.37% | -13.25% | 78.89% | 117.74% | 12.73% |
Correlation
The correlation between NGEX.TO and EFR.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 NGEX.TO and EFR.TO shifts across timeframes, from 0.15 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NGEX.TO:
CA$5.77B
EFR.TO:
CA$5.08B
NGEX.TO:
-CA$0.63
EFR.TO:
-$0.30
NGEX.TO:
9.07
EFR.TO:
5.03
NGEX.TO:
CA$0.00
EFR.TO:
$84.86M
NGEX.TO:
-CA$36.44K
EFR.TO:
$25.23M
NGEX.TO:
-CA$134.74M
EFR.TO:
-$72.89M
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Return for Risk
NGEX.TO vs. EFR.TO — Risk / Return Rank
NGEX.TO
EFR.TO
NGEX.TO vs. EFR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NGEx Minerals Ltd (NGEX.TO) and Energy Fuels Inc. (EFR.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.
| NGEX.TO | EFR.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 | 1.24 | 1.30 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 3.70 | -1.22 |
| Martin ratioReturn relative to average drawdown | 6.16 | 7.20 | -1.04 |
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Drawdowns
NGEX.TO vs. EFR.TO - Drawdown Comparison
The maximum NGEX.TO drawdown since its inception was -66.75%, smaller than the maximum EFR.TO drawdown of -99.57%. Use the drawdown chart below to compare losses from any high point for NGEX.TO and EFR.TO.
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Drawdown Indicators
| NGEX.TO | EFR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.75% | -99.57% | +32.82% |
Max Drawdown (1Y)Largest decline over 1 year | -30.62% | -51.09% | +20.47% |
Max Drawdown (3Y)Largest decline over 3 years | -30.62% | -59.28% | +28.66% |
Max Drawdown (5Y)Largest decline over 5 years | -66.75% | -64.59% | -2.16% |
Max Drawdown (10Y)Largest decline over 10 years | — | -78.32% | — |
Current DrawdownCurrent decline from peak | -16.43% | -92.13% | +75.70% |
Average DrawdownAverage peak-to-trough decline | -18.77% | -91.43% | +72.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.31% | 26.24% | -13.93% |
Volatility
NGEX.TO vs. EFR.TO - Volatility Comparison
The current volatility for NGEx Minerals Ltd (NGEX.TO) is 26.53%, while Energy Fuels Inc. (EFR.TO) has a volatility of 29.13%. This indicates that NGEX.TO experiences smaller price fluctuations and is considered to be less risky than EFR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGEX.TO | EFR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.53% | 29.13% | -2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 45.97% | 66.37% | -20.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.36% | 97.73% | -39.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.92% | 71.77% | -8.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.85% | 70.81% | +1.04% |
Dividends
NGEX.TO vs. EFR.TO - Dividend Comparison
Neither NGEX.TO nor EFR.TO has paid dividends to shareholders.
Financials
NGEX.TO vs. EFR.TO - Financials Comparison
This section allows you to compare key financial metrics between NGEx Minerals Ltd and Energy Fuels Inc.. 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
NGEX.TO and EFR.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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