EAF vs UUUU: Correlation
How closely do GrafTech International Ltd. (EAF) and Energy Fuels Inc (UUUU) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EAF and UUUU?
On 3 years of weekly data the EAF/UUUU correlation comes out at 0.44, moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.44 over 3. The 5-year figure is 0.42, and annualized covariance runs at 2947.1 %².
UUUU is one of the assets that tracks EAF most closely: it ranks #1 out of the 12 assets we track against EAF. Their recent paths diverged sharply: over the last 12 months UUUU outperformed by 63.4 percentage points (-25.3% for EAF against +38.1% for UUUU).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EAF vs UUUU: side by side
| EAF (GrafTech International Ltd.) | UUUU (Energy Fuels Inc) | |
|---|---|---|
| 1-year return | -25.3% | +38.1% |
| 5-year return | -93.3% | +207.4% |
| Volatility (ann.) | 96.0% | 70.3% |
| Beta vs S&P 500 | 1.47 | 1.46 |
| Max drawdown (3Y) | -86.7% | -61.5% |
| Market cap | $0.2B | $3.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EAF | UUUU |
|---|---|---|
| 2022 | -59.5% | -18.6% |
| 2023 | -53.8% | +15.8% |
| 2024 | -21.0% | -28.7% |
| 2025 | -10.3% | +183.4% |
| 2026 | -52.1% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EAF and UUUU good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EAF and UUUU?
The EAF/UUUU correlation stands at 0.44 on a 3-year window (1 year: 0.50, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is UUUU a good diversifier for EAF?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eaf-vs-uuuu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eaf-vs-uuuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EAF correlations · UUUU correlations
