UEC vs. DML.TO
UEC (Uranium Energy Corp.) and DML.TO (Denison Mines Corp.) are both stocks. Both operate in the Uranium industry within the Energy sector. Over the past 10 years, UEC returned 31.30%/yr vs 20.74%/yr for DML.TO. At a 0.49 correlation, their price movements are largely independent.
Performance
UEC vs. DML.TO - Performance Comparison
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Different Trading Currencies
UEC is traded in USD, while DML.TO is traded in CAD. To make them comparable, the DML.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, UEC achieves a 20.63% return, which is significantly lower than DML.TO's 28.61% return. Over the past 10 years, UEC has outperformed DML.TO with an annualized return of 31.30%, while DML.TO has yielded a comparatively lower 20.74% annualized return.
UEC
- 1D
- -8.74%
- 1M
- -4.93%
- YTD
- 20.63%
- 6M
- 8.80%
- 1Y
- 121.54%
- 3Y*
- 66.37%
- 5Y*
- 33.60%
- 10Y*
- 31.30%
DML.TO
- 1D
- -6.52%
- 1M
- -9.09%
- YTD
- 28.61%
- 6M
- 26.56%
- 1Y
- 102.57%
- 3Y*
- 42.89%
- 5Y*
- 20.09%
- 10Y*
- 20.74%
UEC vs. DML.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UEC Uranium Energy Corp. | 20.63% | 74.59% | 4.53% | 64.95% | 15.82% | 90.34% | 91.47% | -26.46% | -29.38% | 58.04% |
DML.TO Denison Mines Corp. | 28.61% | 46.15% | 3.61% | 53.09% | -16.88% | 108.67% | 58.67% | -10.00% | -15.79% | 5.38% |
Correlation
The correlation between UEC and DML.TO is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since May 6, 2009 | 0.49 |
Over the past year, UEC and DML.TO have become more correlated (0.78) than their long-term average of 0.49, meaning their price movements have been converging.
Fundamentals
UEC:
$6.82B
DML.TO:
CA$4.28B
UEC:
-$0.18
DML.TO:
-CA$0.32
UEC:
324.99
DML.TO:
918.75
UEC:
4.83
DML.TO:
16.46
UEC:
$20.20M
DML.TO:
CA$4.65M
UEC:
$5.72M
DML.TO:
-CA$43.31M
UEC:
-$104.07M
DML.TO:
-CA$141.96M
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Return for Risk
UEC vs. DML.TO — Risk / Return Rank
UEC
DML.TO
UEC vs. DML.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Uranium Energy Corp. (UEC) and Denison Mines Corp. (DML.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.
| UEC | DML.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 3.46 | -0.47 |
| Martin ratioReturn relative to average drawdown | 5.98 | 8.06 | -2.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UEC | DML.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 1.70 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.32 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.32 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.05 | -0.01 |
Drawdowns
UEC vs. DML.TO - Drawdown Comparison
The maximum UEC drawdown since its inception was -97.40%, roughly equal to the maximum DML.TO drawdown of -94.44%. Use the drawdown chart below to compare losses from any high point for UEC and DML.TO.
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Drawdown Indicators
| UEC | DML.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.40% | -94.44% | -2.96% |
Max Drawdown (1Y)Largest decline over 1 year | -40.86% | -29.79% | -11.07% |
Max Drawdown (3Y)Largest decline over 3 years | -53.49% | -52.66% | -0.83% |
Max Drawdown (5Y)Largest decline over 5 years | -63.76% | -55.21% | -8.55% |
Max Drawdown (10Y)Largest decline over 10 years | -80.59% | -75.20% | -5.39% |
Current DrawdownCurrent decline from peak | -30.04% | -21.84% | -8.20% |
Average DrawdownAverage peak-to-trough decline | -62.12% | -64.90% | +2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.41% | 12.78% | +7.63% |
Volatility
UEC vs. DML.TO - Volatility Comparison
Uranium Energy Corp. (UEC) has a higher volatility of 27.23% compared to Denison Mines Corp. (DML.TO) at 17.10%. This indicates that UEC's price experiences larger fluctuations and is considered to be riskier than DML.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UEC | DML.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.23% | 17.10% | +10.13% |
Volatility (6M)Calculated over the trailing 6-month period | 57.08% | 44.94% | +12.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 76.21% | 61.69% | +14.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.08% | 62.37% | +11.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.87% | 64.25% | +9.62% |
Dividends
UEC vs. DML.TO - Dividend Comparison
Neither UEC nor DML.TO has paid dividends to shareholders.
Financials
UEC vs. DML.TO - Financials Comparison
This section allows you to compare key financial metrics between Uranium Energy Corp. and Denison Mines Corp.. 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
UEC and DML.TO have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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