UEC vs. SO

Last updated Jun 10, 2026

UEC (Uranium Energy Corp.) and SO (The Southern Company) are both stocks. UEC operates in Uranium (Energy), while SO operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, UEC returned 26.69%/yr vs 10.65%/yr for SO. At a 0.07 correlation, their price movements are largely independent.

Performance

UEC vs. SO - Performance Comparison

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

Returns By Period

In the year-to-date period, UEC achieves a -8.82% return, which is significantly lower than SO's 8.32% return. Over the past 10 years, UEC has outperformed SO with an annualized return of 26.69%, while SO has yielded a comparatively lower 10.65% annualized return.

UEC

• 1D: -15.54%
• 1M: -29.75%
• YTD: -8.82%
• 6M: -23.71%
• 1Y: 61.12%
• 3Y*: 50.89%
• 5Y*: 27.75%
• 10Y*: 26.69%

SO

• 1D: 1.83%
• 1M: 2.09%
• YTD: 8.32%
• 6M: 10.49%
• 1Y: 8.46%
• 3Y*: 13.17%
• 5Y*: 11.84%
• 10Y*: 10.65%

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

UEC vs. SO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UEC Uranium Energy Corp.	-8.82%	74.59%	4.53%	64.95%	15.82%	90.34%	91.47%	-26.46%	-29.38%	58.04%
SO The Southern Company	8.32%	9.47%	21.72%	2.21%	8.24%	16.34%	0.63%	51.65%	-3.75%	2.42%

Correlation

The correlation between UEC and SO is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.00
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Apr 5, 2007	0.07

The correlation between UEC and SO shifts across timeframes, from -0.04 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap UEC : $5.23B SO : $104.85B
EPS UEC : -$0.22 SO : $3.92
PS Ratio UEC : 248.91 SO : 3.43
PB Ratio UEC : 3.68 SO : 2.82
Total Revenue (TTM) UEC : $20.20M SO : $30.17B
Gross Profit (TTM) UEC : -$18.26M SO : $13.01B
EBITDA (TTM) UEC : -$114.96M SO : $14.44B

Return for Risk

UEC vs. SO — Risk / Return Rank

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

UEC

UEC Risk / Return Rank: 68
UEC Sharpe Ratio Rank: 69
UEC Sortino Ratio Rank: 68
UEC Omega Ratio Rank: 65
UEC Calmar Ratio Rank: 69
UEC Martin Ratio Rank: 68

SO

SO Risk / Return Rank: 56
SO Sharpe Ratio Rank: 61
SO Sortino Ratio Rank: 53
SO Omega Ratio Rank: 51
SO Calmar Ratio Rank: 56
SO Martin Ratio Rank: 57

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. SO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Uranium Energy Corp. (UEC) and The Southern Company (SO). 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	SO	Difference
Sharpe ratio: Return per unit of total volatility	0.79	0.53	+0.27
Sortino ratio: Return per unit of downside risk	1.52	0.86	+0.66
Omega ratio: Gain probability vs. loss probability	1.18	1.10	+0.08
Calmar ratio: Return relative to maximum drawdown	1.30	0.57	+0.74
Martin ratio: Return relative to average drawdown	2.93	1.33	+1.59
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. SO - Sharpe Ratio Comparison

The current UEC Sharpe Ratio is 0.79, which is higher than the SO Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of UEC and SO, 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	SO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	0.53	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.64	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.49	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.62	-0.59

Drawdowns

UEC vs. SO - Drawdown Comparison

The maximum UEC drawdown since its inception was -97.40%, which is greater than SO's maximum drawdown of -38.43%. Use the drawdown chart below to compare losses from any high point for UEC and SO.

Drawdown Indicators

	UEC	SO	Difference
Max Drawdown Largest peak-to-trough decline	-97.40%	-38.43%	-58.97%
Max Drawdown (1Y) Largest decline over 1 year	-47.12%	-14.99%	-32.13%
Max Drawdown (3Y) Largest decline over 3 years	-53.49%	-14.99%	-38.50%
Max Drawdown (5Y) Largest decline over 5 years	-63.76%	-23.28%	-40.48%
Max Drawdown (10Y) Largest decline over 10 years	-80.59%	-38.43%	-42.16%
Current Drawdown Current decline from peak	-47.12%	-5.44%	-41.68%
Average Drawdown Average peak-to-trough decline	-62.08%	-6.87%	-55.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.97%	6.37%	+14.60%

Volatility

UEC vs. SO - Volatility Comparison

Uranium Energy Corp. (UEC) has a higher volatility of 31.97% compared to The Southern Company (SO) at 5.92%. This indicates that UEC's price experiences larger fluctuations and is considered to be riskier than SO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UEC	SO	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.97%	5.92%	+26.05%
Volatility (6M) Calculated over the trailing 6-month period	59.30%	13.10%	+46.20%
Volatility (1Y) Calculated over the trailing 1-year period	77.69%	16.13%	+61.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.49%	18.66%	+55.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.78%	21.96%	+51.82%

Dividends

UEC vs. SO - Dividend Comparison

UEC has not paid dividends to shareholders, while SO's dividend yield for the trailing twelve months is around 3.21%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SO The Southern Company	3.21%	3.37%	3.47%	3.96%	3.78%	3.82%	4.13%	3.86%	5.42%	4.78%	4.52%	4.60%
UEC Uranium Energy Corp.	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 UEC and SO in my portfolio?

UEC and SO have a correlation of -0.04, 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 SO?

UEC has higher volatility (31.97%) compared to SO (5.92%). In terms of maximum drawdown, UEC dropped -97.40% vs SO's -38.43%.

Which has better risk-adjusted returns?

UEC currently has the higher Sharpe Ratio (0.79 vs 0.53), 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.