REMX vs. CCJ
Compare and contrast key facts about VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Cameco Corporation (CCJ).
REMX is a passively managed fund by VanEck that tracks the performance of the MVIS Global Rare Earth/Strategic Metals Index. It was launched on Oct 27, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REMX or CCJ.
Performance
REMX vs. CCJ - Performance Comparison
Returns By Period
In the year-to-date period, REMX achieves a -25.95% return, which is significantly lower than CCJ's 24.34% return. Over the past 10 years, REMX has underperformed CCJ with an annualized return of -2.47%, while CCJ has yielded a comparatively higher 11.86% annualized return.
REMX
-25.95%
-2.86%
-19.82%
-19.37%
5.65%
-2.47%
CCJ
24.34%
-7.64%
1.02%
20.39%
42.36%
11.86%
Key characteristics
| REMX | CCJ | |
|---|---|---|
| Sharpe Ratio | -0.61 | 0.56 |
| Sortino Ratio | -0.73 | 1.05 |
| Omega Ratio | 0.92 | 1.13 |
| Calmar Ratio | -0.27 | 0.73 |
| Martin Ratio | -0.96 | 1.74 |
| Ulcer Index | 24.13% | 14.03% |
| Daily Std Dev | 37.54% | 43.70% |
| Max Drawdown | -90.21% | -87.87% |
| Current Drawdown | -80.02% | -7.64% |
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Correlation
The correlation between REMX and CCJ is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
REMX vs. CCJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) 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.
Dividends
REMX vs. CCJ - Dividend Comparison
REMX has not paid dividends to shareholders, while CCJ's dividend yield for the trailing twelve months is around 0.16%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REMX VanEck Vectors Rare Earth/Strategic Metals ETF | 0.00% | 0.00% | 1.56% | 5.25% | 0.81% | 1.60% | 12.43% | 2.89% | 2.23% | 4.77% | 1.53% | 0.23% |
CCJ Cameco Corporation | 0.16% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% | 1.85% |
Drawdowns
REMX vs. CCJ - Drawdown Comparison
The maximum REMX drawdown since its inception was -90.21%, roughly equal to the maximum CCJ drawdown of -87.87%. Use the drawdown chart below to compare losses from any high point for REMX and CCJ. For additional features, visit the drawdowns tool.
Volatility
REMX vs. CCJ - Volatility Comparison
VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Cameco Corporation (CCJ) have volatilities of 10.28% and 10.77%, 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.