UCU.V vs. MAL.TO

Last updated Jun 9, 2026

UCU.V (Ucore Rare Metals Inc) and MAL.TO (Magellan Aerospace Corporation) are both stocks. UCU.V operates in Other Industrial Metals & Mining (Basic Materials), while MAL.TO operates in Aerospace & Defense (Industrials). Over the past 10 years, UCU.V returned 5.28%/yr vs 8.67%/yr for MAL.TO. At a 0.07 correlation, their price movements are largely independent.

Performance

UCU.V vs. MAL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Ucore Rare Metals Inc (UCU.V) and Magellan Aerospace Corporation (MAL.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UCU.V achieves a -4.04% return, which is significantly lower than MAL.TO's 84.10% return. Over the past 10 years, UCU.V has underperformed MAL.TO with an annualized return of 5.28%, while MAL.TO has yielded a comparatively higher 8.67% annualized return.

UCU.V

• 1D: -2.24%
• 1M: -2.97%
• YTD: -4.04%
• 6M: -24.20%
• 1Y: 296.21%
• 3Y*: 67.15%
• 5Y*: 34.92%
• 10Y*: 5.28%

MAL.TO

• 1D: 6.45%
• 1M: 26.33%
• YTD: 84.10%
• 6M: 104.37%
• 1Y: 100.74%
• 3Y*: 62.06%
• 5Y*: 28.63%
• 10Y*: 8.67%

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

UCU.V vs. MAL.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UCU.V Ucore Rare Metals Inc	-4.04%	626.67%	-13.79%	27.94%	-6.85%	-38.14%	-47.56%	162.96%	-52.08%	-22.58%
MAL.TO Magellan Aerospace Corporation	84.10%	85.92%	29.71%	-20.45%	3.54%	18.19%	-33.84%	-3.75%	-27.23%	18.52%

Correlation

The correlation between UCU.V and MAL.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Oct 11, 2006	0.07

The correlation between UCU.V and MAL.TO shifts across timeframes, from 0.07 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap UCU.V : CA$595.19M MAL.TO : CA$1.94B
EPS UCU.V : -CA$0.40 MAL.TO : CA$0.79
PB Ratio UCU.V : 8.40 MAL.TO : 2.32
Total Revenue (TTM) UCU.V : CA$0.00 MAL.TO : CA$1.07B
Gross Profit (TTM) UCU.V : -CA$1.84M MAL.TO : CA$151.69M
EBITDA (TTM) UCU.V : -CA$31.97M MAL.TO : CA$115.01M

Return for Risk

UCU.V vs. MAL.TO — Risk / Return Rank

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

UCU.V

UCU.V Risk / Return Rank: 89
UCU.V Sharpe Ratio Rank: 92
UCU.V Sortino Ratio Rank: 89
UCU.V Omega Ratio Rank: 85
UCU.V Calmar Ratio Rank: 92
UCU.V Martin Ratio Rank: 85

MAL.TO

MAL.TO Risk / Return Rank: 89
MAL.TO Sharpe Ratio Rank: 92
MAL.TO Sortino Ratio Rank: 89
MAL.TO Omega Ratio Rank: 87
MAL.TO Calmar Ratio Rank: 90
MAL.TO Martin Ratio Rank: 86

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.

UCU.V vs. MAL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ucore Rare Metals Inc (UCU.V) and Magellan Aerospace Corporation (MAL.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.

	UCU.V	MAL.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.44	2.30	+0.14
Sortino ratio: Return per unit of downside risk	3.03	3.06	-0.03
Omega ratio: Gain probability vs. loss probability	1.35	1.37	-0.02
Calmar ratio: Return relative to maximum drawdown	5.06	4.45	+0.61
Martin ratio: Return relative to average drawdown	8.03	9.13	-1.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UCU.V vs. MAL.TO - Sharpe Ratio Comparison

The current UCU.V Sharpe Ratio is 2.44, which is comparable to the MAL.TO Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of UCU.V and MAL.TO, 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

	UCU.V	MAL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	2.30	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.83	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	0.25	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.12	-0.11

Drawdowns

UCU.V vs. MAL.TO - Drawdown Comparison

The maximum UCU.V drawdown since its inception was -98.60%, roughly equal to the maximum MAL.TO drawdown of -98.40%. Use the drawdown chart below to compare losses from any high point for UCU.V and MAL.TO.

Drawdown Indicators

	UCU.V	MAL.TO	Difference
Max Drawdown Largest peak-to-trough decline	-98.60%	-98.40%	-0.20%
Max Drawdown (1Y) Largest decline over 1 year	-59.01%	-22.77%	-36.24%
Max Drawdown (3Y) Largest decline over 3 years	-59.01%	-22.77%	-36.24%
Max Drawdown (5Y) Largest decline over 5 years	-65.81%	-35.44%	-30.37%
Max Drawdown (10Y) Largest decline over 10 years	-83.62%	-75.12%	-8.50%
Current Drawdown Current decline from peak	-60.73%	0.00%	-60.73%
Average Drawdown Average peak-to-trough decline	-80.87%	-45.08%	-35.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.10%	11.07%	+26.03%

Volatility

UCU.V vs. MAL.TO - Volatility Comparison

Ucore Rare Metals Inc (UCU.V) has a higher volatility of 25.95% compared to Magellan Aerospace Corporation (MAL.TO) at 19.03%. This indicates that UCU.V's price experiences larger fluctuations and is considered to be riskier than MAL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UCU.V	MAL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.95%	19.03%	+6.92%
Volatility (6M) Calculated over the trailing 6-month period	69.56%	36.31%	+33.25%
Volatility (1Y) Calculated over the trailing 1-year period	122.63%	44.17%	+78.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.21%	34.58%	+52.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	92.83%	35.29%	+57.54%

Dividends

UCU.V vs. MAL.TO - Dividend Comparison

UCU.V has not paid dividends to shareholders, while MAL.TO's dividend yield for the trailing twelve months is around 0.59%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAL.TO Magellan Aerospace Corporation	0.59%	0.94%	0.99%	1.27%	2.60%	4.22%	4.79%	2.88%	2.37%	1.33%	1.32%	1.38%
UCU.V Ucore Rare Metals Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both UCU.V and MAL.TO in my portfolio?

UCU.V and MAL.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.