URA vs. CCJ
Compare and contrast key facts about Global X Uranium ETF (URA) and Cameco Corporation (CCJ).
URA is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components Index. It was launched on Nov 4, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URA or CCJ.
Correlation
The correlation between URA and CCJ is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
URA vs. CCJ - Performance Comparison
Key characteristics
URA:
-0.09
CCJ:
0.22
URA:
0.14
CCJ:
0.62
URA:
1.02
CCJ:
1.08
URA:
-0.04
CCJ:
0.31
URA:
-0.26
CCJ:
0.74
URA:
12.70%
CCJ:
14.30%
URA:
37.25%
CCJ:
46.99%
URA:
-93.54%
CCJ:
-87.87%
URA:
-70.48%
CCJ:
-23.88%
Returns By Period
In the year-to-date period, URA achieves a 1.76% return, which is significantly higher than CCJ's -9.44% return. Over the past 10 years, URA has underperformed CCJ with an annualized return of 5.23%, while CCJ has yielded a comparatively higher 12.84% annualized return.
URA
1.76%
-6.61%
11.55%
-1.19%
24.97%
5.23%
CCJ
-9.44%
-13.11%
15.54%
11.74%
39.38%
12.84%
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Risk-Adjusted Performance
URA vs. CCJ — Risk-Adjusted Performance Rank
URA
CCJ
URA vs. CCJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Uranium ETF (URA) 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
URA vs. CCJ - Dividend Comparison
URA's dividend yield for the trailing twelve months is around 2.81%, more than CCJ's 0.24% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
URA Global X Uranium ETF | 2.81% | 2.86% | 6.07% | 0.76% | 5.85% | 1.69% | 1.66% | 0.45% | 2.03% | 7.28% | 1.96% | 4.28% |
CCJ Cameco Corporation | 0.24% | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% |
Drawdowns
URA vs. CCJ - Drawdown Comparison
The maximum URA drawdown since its inception was -93.54%, which is greater than CCJ's maximum drawdown of -87.87%. Use the drawdown chart below to compare losses from any high point for URA and CCJ. For additional features, visit the drawdowns tool.
Volatility
URA vs. CCJ - Volatility Comparison
The current volatility for Global X Uranium ETF (URA) is 15.48%, while Cameco Corporation (CCJ) has a volatility of 20.61%. This indicates that URA experiences smaller price fluctuations and is considered to be less risky than CCJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.