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

Key characteristics


CCJURNM
YTD Return26.24%-4.23%
1Y Return24.67%0.97%
3Y Return (Ann)25.90%0.79%
Sharpe Ratio0.650.13
Sortino Ratio1.160.48
Omega Ratio1.141.06
Calmar Ratio0.840.14
Martin Ratio2.020.30
Ulcer Index14.00%16.72%
Daily Std Dev43.76%40.19%
Max Drawdown-87.87%-42.55%
Current Drawdown-6.22%-21.39%

Correlation

-0.50.00.51.00.8

The correlation between CCJ and URNM is 0.83, 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

CCJ vs. URNM - Performance Comparison

In the year-to-date period, CCJ achieves a 26.24% return, which is significantly higher than URNM's -4.23% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
8.86%
-15.16%
CCJ
URNM

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Risk-Adjusted Performance

CCJ vs. URNM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cameco Corporation (CCJ) and NorthShore Global Uranium Mining ETF (URNM). 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.


CCJ
Sharpe ratio
The chart of Sharpe ratio for CCJ, currently valued at 0.65, compared to the broader market-4.00-2.000.002.004.000.65
Sortino ratio
The chart of Sortino ratio for CCJ, currently valued at 1.16, compared to the broader market-4.00-2.000.002.004.006.001.16
Omega ratio
The chart of Omega ratio for CCJ, currently valued at 1.14, compared to the broader market0.501.001.502.001.14
Calmar ratio
The chart of Calmar ratio for CCJ, currently valued at 0.84, compared to the broader market0.002.004.006.000.84
Martin ratio
The chart of Martin ratio for CCJ, currently valued at 2.02, compared to the broader market0.0010.0020.0030.002.02
URNM
Sharpe ratio
The chart of Sharpe ratio for URNM, currently valued at 0.13, compared to the broader market-4.00-2.000.002.004.000.13
Sortino ratio
The chart of Sortino ratio for URNM, currently valued at 0.48, compared to the broader market-4.00-2.000.002.004.006.000.48
Omega ratio
The chart of Omega ratio for URNM, currently valued at 1.05, compared to the broader market0.501.001.502.001.06
Calmar ratio
The chart of Calmar ratio for URNM, currently valued at 0.14, compared to the broader market0.002.004.006.000.14
Martin ratio
The chart of Martin ratio for URNM, currently valued at 0.30, compared to the broader market0.0010.0020.0030.000.30

CCJ vs. URNM - Sharpe Ratio Comparison

The current CCJ Sharpe Ratio is 0.65, which is higher than the URNM Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of CCJ and URNM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.65
0.13
CCJ
URNM

Dividends

CCJ vs. URNM - Dividend Comparison

CCJ's dividend yield for the trailing twelve months is around 0.16%, less than URNM's 3.79% yield.


TTM20232022202120202019201820172016201520142013
CCJ
Cameco Corporation
0.16%0.20%0.39%0.29%0.46%0.67%0.53%3.36%2.88%2.50%2.19%1.85%
URNM
NorthShore Global Uranium Mining ETF
3.79%3.63%0.00%6.70%2.57%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

CCJ vs. URNM - Drawdown Comparison

The maximum CCJ drawdown since its inception was -87.87%, which is greater than URNM's maximum drawdown of -42.55%. Use the drawdown chart below to compare losses from any high point for CCJ and URNM. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.22%
-21.39%
CCJ
URNM

Volatility

CCJ vs. URNM - Volatility Comparison

Cameco Corporation (CCJ) has a higher volatility of 13.08% compared to NorthShore Global Uranium Mining ETF (URNM) at 10.16%. This indicates that CCJ's price experiences larger fluctuations and is considered to be riskier than URNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%18.00%20.00%JuneJulyAugustSeptemberOctoberNovember
13.08%
10.16%
CCJ
URNM