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.
Key characteristics
| URNJ | CCJ | |
|---|---|---|
| YTD Return | -2.37% | 21.90% |
| 1Y Return | 7.01% | 24.69% |
| Sharpe Ratio | 0.20 | 0.69 |
| Sortino Ratio | 0.65 | 1.20 |
| Omega Ratio | 1.08 | 1.15 |
| Calmar Ratio | 0.22 | 0.90 |
| Martin Ratio | 0.50 | 2.16 |
| Ulcer Index | 19.75% | 13.98% |
| Daily Std Dev | 49.69% | 43.74% |
| Max Drawdown | -44.46% | -87.87% |
| Current Drawdown | -23.99% | -9.45% |
Correlation
The correlation between URNJ and CCJ is 0.82, 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
URNJ vs. CCJ - Performance Comparison
In the year-to-date period, URNJ achieves a -2.37% return, which is significantly lower than CCJ's 21.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
Dividends
URNJ vs. CCJ - Dividend Comparison
URNJ's dividend yield for the trailing twelve months is around 4.13%, more than CCJ's 0.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URNJ Sprott Junior Uranium Miners ETF | 4.13% | 4.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CCJ Cameco Corporation | 0.17% | 0.20% | 0.39% | 0.29% | 0.46% | 0.67% | 0.53% | 3.36% | 2.88% | 2.50% | 2.19% | 1.85% |
Drawdowns
URNJ vs. CCJ - Drawdown Comparison
The maximum URNJ drawdown since its inception was -44.46%, smaller than the maximum CCJ drawdown of -87.87%. Use the drawdown chart below to compare losses from any high point for URNJ and CCJ. For additional features, visit the drawdowns tool.
Volatility
URNJ vs. CCJ - Volatility Comparison
Sprott Junior Uranium Miners ETF (URNJ) and Cameco Corporation (CCJ) have volatilities of 12.39% and 12.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.