UUUU vs. DNN

Last updated Jun 10, 2026

UUUU (Energy Fuels Inc.) and DNN (Denison Mines Corp) are both stocks. Both operate in the Uranium industry within the Energy sector. Over the past 10 years, UUUU returned 19.21%/yr vs 17.97%/yr for DNN. At a 0.48 correlation, their price movements are largely independent.

Performance

UUUU vs. DNN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energy Fuels Inc. (UUUU) and Denison Mines Corp (DNN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UUUU achieves a -1.17% return, which is significantly lower than DNN's 10.90% return. Over the past 10 years, UUUU has outperformed DNN with an annualized return of 19.21%, while DNN has yielded a comparatively lower 17.97% annualized return.

UUUU

• 1D: -5.52%
• 1M: -32.79%
• YTD: -1.17%
• 6M: -6.69%
• 1Y: 154.34%
• 3Y*: 31.22%
• 5Y*: 15.77%
• 10Y*: 19.21%

DNN

• 1D: -3.91%
• 1M: -21.12%
• YTD: 10.90%
• 6M: 7.66%
• 1Y: 71.51%
• 3Y*: 34.22%
• 5Y*: 15.91%
• 10Y*: 17.97%

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

UUUU vs. DNN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UUUU Energy Fuels Inc.	-1.17%	183.43%	-28.65%	15.78%	-18.61%	79.11%	123.04%	-32.98%	59.22%	9.15%
DNN Denison Mines Corp	10.90%	47.78%	1.69%	53.91%	-16.06%	111.75%	54.05%	-9.48%	-15.64%	6.86%

Correlation

The correlation between UUUU and DNN is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Nov 24, 2006	0.48

Over the past year, UUUU and DNN have become more correlated (0.81) than their long-term average of 0.48, meaning their price movements have been converging.

Fundamentals

EPS UUUU : -$0.41 DNN : -CA$0.28
PS Ratio UUUU : 29.01 DNN : 612.77
Total Revenue (TTM) UUUU : $84.86M DNN : CA$4.34M
Gross Profit (TTM) UUUU : $31.69M DNN : -CA$12.87M
EBITDA (TTM) UUUU : -$78.89M DNN : -CA$155.36M

Return for Risk

UUUU vs. DNN — Risk / Return Rank

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

UUUU

UUUU Risk / Return Rank: 82
UUUU Sharpe Ratio Rank: 85
UUUU Sortino Ratio Rank: 82
UUUU Omega Ratio Rank: 78
UUUU Calmar Ratio Rank: 84
UUUU Martin Ratio Rank: 80

DNN

DNN Risk / Return Rank: 76
DNN Sharpe Ratio Rank: 78
DNN Sortino Ratio Rank: 74
DNN Omega Ratio Rank: 71
DNN Calmar Ratio Rank: 78
DNN Martin Ratio Rank: 78

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.

UUUU vs. DNN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Energy Fuels Inc. (UUUU) and Denison Mines Corp (DNN). 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.

	UUUU	DNN	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.17	+0.46
Sortino ratio: Return per unit of downside risk	2.30	1.82	+0.48
Omega ratio: Gain probability vs. loss probability	1.27	1.21	+0.06
Calmar ratio: Return relative to maximum drawdown	3.03	2.21	+0.82
Martin ratio: Return relative to average drawdown	5.98	5.40	+0.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UUUU vs. DNN - Sharpe Ratio Comparison

The current UUUU Sharpe Ratio is 1.63, which is higher than the DNN Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of UUUU and DNN, 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

	UUUU	DNN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	1.17	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.25	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	0.28	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	-0.08	-0.06

Drawdowns

UUUU vs. DNN - Drawdown Comparison

The maximum UUUU drawdown since its inception was -99.64%, roughly equal to the maximum DNN drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for UUUU and DNN.

Drawdown Indicators

	UUUU	DNN	Difference
Max Drawdown Largest peak-to-trough decline	-99.64%	-98.96%	-0.68%
Max Drawdown (1Y) Largest decline over 1 year	-51.28%	-32.49%	-18.79%
Max Drawdown (3Y) Largest decline over 3 years	-61.52%	-52.48%	-9.04%
Max Drawdown (5Y) Largest decline over 5 years	-68.70%	-55.66%	-13.04%
Max Drawdown (10Y) Largest decline over 10 years	-79.31%	-75.90%	-3.41%
Current Drawdown Current decline from peak	-93.88%	-84.70%	-9.18%
Average Drawdown Average peak-to-trough decline	-92.63%	-85.05%	-7.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.93%	13.31%	+12.62%

Volatility

UUUU vs. DNN - Volatility Comparison

Energy Fuels Inc. (UUUU) has a higher volatility of 25.17% compared to Denison Mines Corp (DNN) at 18.83%. This indicates that UUUU's price experiences larger fluctuations and is considered to be riskier than DNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UUUU	DNN	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.17%	18.83%	+6.34%
Volatility (6M) Calculated over the trailing 6-month period	66.30%	46.20%	+20.10%
Volatility (1Y) Calculated over the trailing 1-year period	95.28%	61.53%	+33.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.26%	63.49%	+9.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.54%	64.29%	+8.25%

Dividends

UUUU vs. DNN - Dividend Comparison

Neither UUUU nor DNN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both UUUU and DNN in my portfolio?

UUUU and DNN have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UUUU or DNN?

UUUU has higher volatility (25.17%) compared to DNN (18.83%). In terms of maximum drawdown, UUUU dropped -99.64% vs DNN's -98.96%.

Which has better risk-adjusted returns?

UUUU currently has the higher Sharpe Ratio (1.63 vs 1.17), 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.