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URA vs. CCJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between URA and CCJ is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

URA vs. CCJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Uranium ETF (URA) and Cameco Corporation (CCJ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

URA:

-0.18

CCJ:

0.15

Sortino Ratio

URA:

0.00

CCJ:

0.47

Omega Ratio

URA:

1.00

CCJ:

1.06

Calmar Ratio

URA:

-0.09

CCJ:

0.12

Martin Ratio

URA:

-0.41

CCJ:

0.24

Ulcer Index

URA:

17.69%

CCJ:

20.00%

Daily Std Dev

URA:

39.19%

CCJ:

47.54%

Max Drawdown

URA:

-93.54%

CCJ:

-87.86%

Current Drawdown

URA:

-69.51%

CCJ:

-12.82%

Returns By Period

In the year-to-date period, URA achieves a 5.12% return, which is significantly higher than CCJ's 3.72% return. Over the past 10 years, URA has underperformed CCJ with an annualized return of 4.83%, while CCJ has yielded a comparatively higher 13.19% annualized return.


URA

YTD

5.12%

1M

23.25%

6M

-4.14%

1Y

-7.07%

5Y*

26.51%

10Y*

4.83%

CCJ

YTD

3.72%

1M

29.02%

6M

0.80%

1Y

6.85%

5Y*

40.85%

10Y*

13.19%

*Annualized

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Risk-Adjusted Performance

URA vs. CCJ — Risk-Adjusted Performance Rank

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

URA
The Risk-Adjusted Performance Rank of URA is 1111
Overall Rank
The Sharpe Ratio Rank of URA is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of URA is 1212
Sortino Ratio Rank
The Omega Ratio Rank of URA is 1212
Omega Ratio Rank
The Calmar Ratio Rank of URA is 1111
Calmar Ratio Rank
The Martin Ratio Rank of URA is 1010
Martin Ratio Rank

CCJ
The Risk-Adjusted Performance Rank of CCJ is 5353
Overall Rank
The Sharpe Ratio Rank of CCJ is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of CCJ is 4949
Sortino Ratio Rank
The Omega Ratio Rank of CCJ is 4949
Omega Ratio Rank
The Calmar Ratio Rank of CCJ is 5757
Calmar Ratio Rank
The Martin Ratio Rank of CCJ is 5454
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current URA Sharpe Ratio is -0.18, which is lower than the CCJ Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of URA and CCJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

URA vs. CCJ - Dividend Comparison

URA's dividend yield for the trailing twelve months is around 2.72%, more than CCJ's 0.21% yield.


TTM20242023202220212020201920182017201620152014
URA
Global X Uranium ETF
2.72%2.86%6.07%0.76%5.84%1.69%1.66%0.44%2.03%7.28%1.96%4.28%
CCJ
Cameco Corporation
0.21%0.22%0.20%0.39%0.29%0.46%0.68%0.53%3.37%2.88%2.49%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 -87.86%. Use the drawdown chart below to compare losses from any high point for URA and CCJ. For additional features, visit the drawdowns tool.


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Volatility

URA vs. CCJ - Volatility Comparison

The current volatility for Global X Uranium ETF (URA) is 7.21%, while Cameco Corporation (CCJ) has a volatility of 9.93%. 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.


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