UROY vs. CCJ

Last updated Jun 3, 2026

UROY (Uranium Royalty Corp) and CCJ (Cameco Corporation) are both stocks. Both operate in the Uranium industry within the Energy sector. Over the past 5 years, UROY returned 4.81%/yr vs 42.20%/yr for CCJ. A 0.69 correlation means they provide meaningful diversification when combined.

Performance

UROY vs. CCJ - Performance Comparison

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

Returns By Period

In the year-to-date period, UROY achieves a 9.32% return, which is significantly lower than CCJ's 31.72% return.

UROY

• 1D: 9.63%
• 1M: 1.84%
• YTD: 9.32%
• 6M: 3.20%
• 1Y: 78.34%
• 3Y*: 23.59%
• 5Y*: 4.81%
• 10Y*: —

CCJ

• 1D: 7.03%
• 1M: -0.07%
• YTD: 31.72%
• 6M: 36.59%
• 1Y: 107.54%
• 3Y*: 59.13%
• 5Y*: 42.20%
• 10Y*: 27.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UROY vs. CCJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
UROY Uranium Royalty Corp	9.32%	61.64%	-18.89%	13.92%	-35.07%	12.57%
CCJ Cameco Corporation	31.72%	78.38%	19.47%	90.49%	4.35%	26.62%

Correlation

The correlation between UROY and CCJ is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Apr 29, 2021	0.69

The correlation between UROY and CCJ has been stable across timeframes, ranging from 0.69 to 0.70 - a consistent structural relationship.

Fundamentals

Market Cap UROY : $549.86M CCJ : $52.50B
EPS UROY : $0.03 CCJ : $1.49
PE Ratio UROY : 120.78 CCJ : 80.65
PS Ratio UROY : 9.70 CCJ : 14.83
PB Ratio UROY : 1.44 CCJ : 7.41
Total Revenue (TTM) UROY : $54.63M CCJ : $3.54B
Gross Profit (TTM) UROY : $9.68M CCJ : $1.04B
EBITDA (TTM) UROY : $5.26M CCJ : $996.66M

Return for Risk

UROY vs. CCJ — Risk / Return Rank

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

UROY

UROY Risk / Return Rank: 71
UROY Sharpe Ratio Rank: 73
UROY Sortino Ratio Rank: 72
UROY Omega Ratio Rank: 69
UROY Calmar Ratio Rank: 73
UROY Martin Ratio Rank: 69

CCJ

CCJ Risk / Return Rank: 85
CCJ Sharpe Ratio Rank: 87
CCJ Sortino Ratio Rank: 85
CCJ Omega Ratio Rank: 82
CCJ Calmar Ratio Rank: 88
CCJ Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UROY vs. CCJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Uranium Royalty Corp (UROY) 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.

	UROY	CCJ	Difference
Sharpe ratio Return per unit of total volatility	1.08	1.98	-0.90
Sortino ratio Return per unit of downside risk	1.89	2.74	-0.85
Omega ratio Gain probability vs. loss probability	1.22	1.33	-0.10
Calmar ratio Return relative to maximum drawdown	1.89	4.14	-2.25
Martin ratio Return relative to average drawdown	3.53	9.41	-5.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UROY vs. CCJ - Sharpe Ratio Comparison

The current UROY Sharpe Ratio is 1.08, which is lower than the CCJ Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of UROY and CCJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UROY	CCJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.98	-0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	0.86	-0.79
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.24	-0.19

Drawdowns

UROY vs. CCJ - Drawdown Comparison

The maximum UROY drawdown since its inception was -74.57%, smaller than the maximum CCJ drawdown of -87.53%. Use the drawdown chart below to compare losses from any high point for UROY and CCJ.

Drawdown Indicators

	UROY	CCJ	Difference
Max Drawdown Largest peak-to-trough decline	-74.57%	-87.53%	+12.96%
Max Drawdown (1Y) Largest decline over 1 year	-39.74%	-25.69%	-14.05%
Max Drawdown (3Y) Largest decline over 3 years	-59.73%	-40.01%	-19.72%
Max Drawdown (5Y) Largest decline over 5 years	-74.57%	-40.01%	-34.56%
Max Drawdown (10Y) Largest decline over 10 years	—	-57.22%	—
Current Drawdown Current decline from peak	-33.04%	-10.13%	-22.91%
Average Drawdown Average peak-to-trough decline	-47.60%	-46.10%	-1.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.28%	11.29%	+9.99%

Volatility

UROY vs. CCJ - Volatility Comparison

Uranium Royalty Corp (UROY) has a higher volatility of 20.12% compared to Cameco Corporation (CCJ) at 15.15%. This indicates that UROY'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.

Volatility by Period

	UROY	CCJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.12%	15.15%	+4.97%
Volatility (6M) Calculated over the trailing 6-month period	47.80%	37.70%	+10.10%
Volatility (1Y) Calculated over the trailing 1-year period	73.06%	54.69%	+18.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.58%	49.64%	+20.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.37%	46.58%	+23.79%

Dividends

UROY vs. CCJ - Dividend Comparison

UROY has not paid dividends to shareholders, while CCJ's dividend yield for the trailing twelve months is around 0.14%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCJ Cameco Corporation	0.14%	0.19%	0.22%	0.20%	0.39%	0.29%	0.46%	0.67%	0.53%	4.33%	3.82%	3.24%
UROY Uranium Royalty Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

UROY vs. CCJ - Profitability Comparison

The chart below illustrates the profitability comparison between Uranium Royalty Corp and Cameco Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

UROY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Uranium Royalty Corp reported a gross profit of 4.19M and revenue of 16.69M. Therefore, the gross margin over that period was 25.1%.

CCJ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a gross profit of 291.00M and revenue of 847.55M. Therefore, the gross margin over that period was 34.3%.

UROY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Uranium Royalty Corp reported an operating income of 2.93M and revenue of 16.69M, resulting in an operating margin of 17.6%.

CCJ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported an operating income of 154.28M and revenue of 847.55M, resulting in an operating margin of 18.2%.

UROY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Uranium Royalty Corp reported a net income of 1.97M and revenue of 16.69M, resulting in a net margin of 11.8%.

CCJ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a net income of 131.09M and revenue of 847.55M, resulting in a net margin of 15.5%.

Frequently Asked Questions

Can I hold both UROY and CCJ in my portfolio?

UROY and CCJ have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UROY or CCJ?

UROY has higher volatility (20.12%) compared to CCJ (15.15%). In terms of maximum drawdown, UROY dropped -74.57% vs CCJ's -87.53%.

Which has better risk-adjusted returns?

CCJ currently has the higher Sharpe Ratio (1.98 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.