UUUU vs. NGEX.TO

Last updated Jun 13, 2026

UUUU (Energy Fuels Inc.) and NGEX.TO (NGEx Minerals Ltd) are both stocks. UUUU operates in Uranium (Energy), while NGEX.TO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, UUUU returned 16.43%/yr vs 100.50%/yr for NGEX.TO. At a 0.15 correlation, their price movements are largely independent.

Performance

UUUU vs. NGEX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energy Fuels Inc. (UUUU) and NGEx Minerals Ltd (NGEX.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UUUU is traded in USD, while NGEX.TO is traded in CAD. To make them comparable, the NGEX.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, UUUU achieves a 3.44% return, which is significantly higher than NGEX.TO's 1.77% return.

UUUU

• 1D: -0.27%
• 1M: -25.47%
• YTD: 3.44%
• 6M: 3.23%
• 1Y: 180.07%
• 3Y*: 32.20%
• 5Y*: 16.43%
• 10Y*: 20.04%

NGEX.TO

• 1D: 6.56%
• 1M: -12.32%
• YTD: 1.77%
• 6M: 4.46%
• 1Y: 71.50%
• 3Y*: 56.05%
• 5Y*: 100.50%
• 10Y*: —

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

UUUU vs. NGEX.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
UUUU Energy Fuels Inc.	3.44%	183.43%	-28.65%	15.78%	-18.61%	79.11%	123.04%	15.76%
NGEX.TO NGEx Minerals Ltd	1.77%	100.03%	72.67%	138.13%	56.57%	255.95%	38.35%	-40.47%

Correlation

The correlation between UUUU and NGEX.TO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Aug 20, 2019	0.15

The correlation between UUUU and NGEX.TO shifts across timeframes, from 0.15 (all time) to 0.33 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS UUUU : -$0.41 NGEX.TO : -CA$0.63
Total Revenue (TTM) UUUU : $84.86M NGEX.TO : CA$0.00
Gross Profit (TTM) UUUU : $31.69M NGEX.TO : -CA$36.44K
EBITDA (TTM) UUUU : -$78.89M NGEX.TO : -CA$134.74M

Return for Risk

UUUU vs. NGEX.TO — Risk / Return Rank

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

UUUU

UUUU Risk / Return Rank: 84
UUUU Sharpe Ratio Rank: 88
UUUU Sortino Ratio Rank: 84
UUUU Omega Ratio Rank: 80
UUUU Calmar Ratio Rank: 87
UUUU Martin Ratio Rank: 82

NGEX.TO

NGEX.TO Risk / Return Rank: 77
NGEX.TO Sharpe Ratio Rank: 80
NGEX.TO Sortino Ratio Rank: 72
NGEX.TO Omega Ratio Rank: 74
NGEX.TO Calmar Ratio Rank: 80
NGEX.TO Martin Ratio Rank: 80

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. NGEX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Energy Fuels Inc. (UUUU) and NGEx Minerals Ltd (NGEX.TO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UUUU	NGEX.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.89	1.23	+0.67
Sortino ratio: Return per unit of downside risk	2.47	1.70	+0.77
Omega ratio: Gain probability vs. loss probability	1.29	1.23	+0.06
Calmar ratio: Return relative to maximum drawdown	3.53	2.33	+1.20
Martin ratio: Return relative to average drawdown	6.84	5.79	+1.05

UUUU vs. NGEX.TO - Sharpe Ratio Comparison

The current UUUU Sharpe Ratio is 1.89, which is higher than the NGEX.TO Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of UUUU and NGEX.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UUUU vs. NGEX.TO - Drawdown Comparison

The maximum UUUU drawdown since its inception was -99.64%, which is greater than NGEX.TO's maximum drawdown of -68.12%. Use the drawdown chart below to compare losses from any high point for UUUU and NGEX.TO.

Drawdown Indicators

	UUUU	NGEX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-99.64%	-68.12%	-31.52%
Max Drawdown (1Y) Largest decline over 1 year	-51.28%	-30.80%	-20.48%
Max Drawdown (3Y) Largest decline over 3 years	-61.52%	-30.80%	-30.72%
Max Drawdown (5Y) Largest decline over 5 years	-68.70%	-68.12%	-0.58%
Max Drawdown (10Y) Largest decline over 10 years	-79.31%	—	—
Current Drawdown Current decline from peak	-93.60%	-18.14%	-75.46%
Average Drawdown Average peak-to-trough decline	-92.63%	-19.44%	-73.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.43%	12.38%	+14.05%

Volatility

UUUU vs. NGEX.TO - Volatility Comparison

Energy Fuels Inc. (UUUU) and NGEx Minerals Ltd (NGEX.TO) have volatilities of 27.22% and 26.50%, 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.

Volatility by Period

	UUUU	NGEX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.22%	26.50%	+0.72%
Volatility (6M) Calculated over the trailing 6-month period	67.09%	46.12%	+20.97%
Volatility (1Y) Calculated over the trailing 1-year period	95.70%	58.60%	+37.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.40%	63.39%	+10.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.59%	72.51%	+0.08%

Dividends

UUUU vs. NGEX.TO - Dividend Comparison

Neither UUUU nor NGEX.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both UUUU and NGEX.TO in my portfolio?

UUUU and NGEX.TO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.