UEC vs. NEOV

Last updated Jun 9, 2026

UEC (Uranium Energy Corp.) and NEOV (NeoVolta Inc. Common Stock) are both stocks. UEC operates in Uranium (Energy), while NEOV operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, UEC returned 31.89%/yr vs -22.17%/yr for NEOV. At a 0.11 correlation, their price movements are largely independent.

Performance

UEC vs. NEOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Uranium Energy Corp. (UEC) and NeoVolta Inc. Common Stock (NEOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UEC achieves a 7.96% return, which is significantly higher than NEOV's -35.20% return.

UEC

• 1D: -0.32%
• 1M: -16.82%
• YTD: 7.96%
• 6M: -7.62%
• 1Y: 101.12%
• 3Y*: 59.63%
• 5Y*: 31.89%
• 10Y*: 28.85%

NEOV

• 1D: 0.51%
• 1M: -25.38%
• YTD: -35.20%
• 6M: -43.39%
• 1Y: -35.62%
• 3Y*: -13.27%
• 5Y*: -22.17%
• 10Y*: —

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

UEC vs. NEOV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
UEC Uranium Energy Corp.	7.96%	74.59%	4.53%	64.95%	15.82%	90.34%	55.75%
NEOV NeoVolta Inc. Common Stock	-35.20%	-41.65%	225.62%	-42.65%	-60.20%	60.78%	237.98%

Correlation

The correlation between UEC and NEOV is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since May 21, 2020	0.11

The correlation between UEC and NEOV shifts across timeframes, from 0.11 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap UEC : $6.10B NEOV : $79.17M
EPS UEC : -$0.18 NEOV : -$0.32
PS Ratio UEC : 290.85 NEOV : 4.40
PB Ratio UEC : 4.32 NEOV : 3.57
Total Revenue (TTM) UEC : $20.20M NEOV : $16.05M
Gross Profit (TTM) UEC : $5.72M NEOV : $3.74M
EBITDA (TTM) UEC : -$104.07M NEOV : -$9.07M

Return for Risk

UEC vs. NEOV — Risk / Return Rank

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

UEC

UEC Risk / Return Rank: 77
UEC Sharpe Ratio Rank: 80
UEC Sortino Ratio Rank: 76
UEC Omega Ratio Rank: 72
UEC Calmar Ratio Rank: 80
UEC Martin Ratio Rank: 76

NEOV

NEOV Risk / Return Rank: 31
NEOV Sharpe Ratio Rank: 30
NEOV Sortino Ratio Rank: 40
NEOV Omega Ratio Rank: 40
NEOV Calmar Ratio Rank: 25
NEOV Martin Ratio Rank: 22

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.

UEC vs. NEOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Uranium Energy Corp. (UEC) and NeoVolta Inc. Common Stock (NEOV). 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	NEOV	Difference
Sharpe ratio: Return per unit of total volatility	1.34	-0.29	+1.63
Sortino ratio: Return per unit of downside risk	2.03	0.37	+1.66
Omega ratio: Gain probability vs. loss probability	1.23	1.05	+0.19
Calmar ratio: Return relative to maximum drawdown	2.49	-0.49	+2.97
Martin ratio: Return relative to average drawdown	4.89	-1.00	+5.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UEC vs. NEOV - Sharpe Ratio Comparison

The current UEC Sharpe Ratio is 1.34, which is higher than the NEOV Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of UEC and NEOV, 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

	UEC	NEOV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	-0.29	+1.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	-0.24	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.08	-0.04

Drawdowns

UEC vs. NEOV - Drawdown Comparison

The maximum UEC drawdown since its inception was -97.40%, which is greater than NEOV's maximum drawdown of -90.38%. Use the drawdown chart below to compare losses from any high point for UEC and NEOV.

Drawdown Indicators

	UEC	NEOV	Difference
Max Drawdown Largest peak-to-trough decline	-97.40%	-90.38%	-7.02%
Max Drawdown (1Y) Largest decline over 1 year	-40.86%	-73.60%	+32.74%
Max Drawdown (3Y) Largest decline over 3 years	-53.49%	-84.32%	+30.83%
Max Drawdown (5Y) Largest decline over 5 years	-63.76%	-90.38%	+26.62%
Max Drawdown (10Y) Largest decline over 10 years	-80.59%	—	—
Current Drawdown Current decline from peak	-37.39%	-72.52%	+35.13%
Average Drawdown Average peak-to-trough decline	-62.10%	-38.92%	-23.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.76%	35.68%	-14.92%

Volatility

UEC vs. NEOV - Volatility Comparison

The current volatility for Uranium Energy Corp. (UEC) is 27.76%, while NeoVolta Inc. Common Stock (NEOV) has a volatility of 71.79%. This indicates that UEC experiences smaller price fluctuations and is considered to be less risky than NEOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UEC	NEOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.76%	71.79%	-44.03%
Volatility (6M) Calculated over the trailing 6-month period	56.94%	102.83%	-45.89%
Volatility (1Y) Calculated over the trailing 1-year period	76.19%	121.65%	-45.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.18%	93.71%	-19.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.61%	86.56%	-12.95%

Dividends

UEC vs. NEOV - Dividend Comparison

Neither UEC nor NEOV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both UEC and NEOV in my portfolio?

UEC and NEOV have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UEC or NEOV?

NEOV has higher volatility (71.79%) compared to UEC (27.76%). In terms of maximum drawdown, UEC dropped -97.40% vs NEOV's -90.38%.

Which has better risk-adjusted returns?

UEC currently has the higher Sharpe Ratio (1.34 vs -0.29), 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.