Correlation
The correlation between URNJ and CCJ is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
URNJ vs. CCJ
Compare and contrast key facts about Sprott Junior Uranium Miners ETF (URNJ) and Cameco Corporation (CCJ).
URNJ is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Junior Uranium Miners Index - Benchmark TR Gross. It was launched on Feb 1, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URNJ or CCJ.
Performance
URNJ vs. CCJ - Performance Comparison
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Key characteristics
URNJ:
-0.62
CCJ:
0.29
URNJ:
-0.87
CCJ:
0.60
URNJ:
0.90
CCJ:
1.08
URNJ:
-0.64
CCJ:
0.24
URNJ:
-1.18
CCJ:
0.47
URNJ:
31.89%
CCJ:
20.14%
URNJ:
54.59%
CCJ:
48.41%
URNJ:
-59.21%
CCJ:
-87.86%
URNJ:
-37.65%
CCJ:
-4.01%
Returns By Period
In the year-to-date period, URNJ achieves a -1.94% return, which is significantly lower than CCJ's 14.21% return.
URNJ
-1.94%
19.95%
-18.89%
-34.22%
N/A
N/A
N/A
CCJ
14.21%
33.42%
1.20%
10.97%
35.60%
43.08%
15.77%
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Risk-Adjusted Performance
URNJ vs. CCJ — Risk-Adjusted Performance Rank
URNJ
CCJ
URNJ vs. CCJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Uranium Miners ETF (URNJ) 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.
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Dividends
URNJ vs. CCJ - Dividend Comparison
URNJ's dividend yield for the trailing twelve months is around 4.42%, more than CCJ's 0.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URNJ Sprott Junior Uranium Miners ETF | 4.42% | 4.33% | 4.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CCJ Cameco Corporation | 0.19% | 0.22% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% |
Drawdowns
URNJ vs. CCJ - Drawdown Comparison
The maximum URNJ drawdown since its inception was -59.21%, smaller than the maximum CCJ drawdown of -87.86%. Use the drawdown chart below to compare losses from any high point for URNJ and CCJ.
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Volatility
URNJ vs. CCJ - Volatility Comparison
Sprott Junior Uranium Miners ETF (URNJ) has a higher volatility of 17.37% compared to Cameco Corporation (CCJ) at 12.77%. This indicates that URNJ's price experiences larger fluctuations and is considered to be riskier than CCJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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