ISOU vs UEC: Correlation
IsoEnergy Ltd. (ISOU) and Uranium Energy Corp. (UEC) show a strong relationship: their 3-year correlation of weekly returns is 0.74.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ISOU and UEC?
Over the past 3 years, ISOU and UEC moved with a correlation of 0.74, which is strong. The relationship has been stable: the 1-year correlation (0.73) sits close to the 3-year figure. Over 5 years the correlation is 0.71, and the annualized covariance of weekly returns is 3076.8 %².
In ISOU's tracked universe of 14 assets, UEC sits right near the top at #3. Correlation aside, the last 12 months split them widely, with ISOU ahead by 24.7 points (+56.0% versus +31.3%).
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.
ISOU vs UEC: side by side
| ISOU (IsoEnergy Ltd.) | UEC (Uranium Energy Corp.) | |
|---|---|---|
| 1-year return | +56.0% | +31.3% |
| 5-year return | +42.5% | +467.5% |
| Volatility (ann.) | 65.5% | 63.2% |
| Beta vs S&P 500 | 1.86 | 1.71 |
| Max drawdown (3Y) | -69.0% | -55.1% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ISOU | UEC |
|---|---|---|
| 2022 | -28.1% | +15.8% |
| 2023 | +31.1% | +64.9% |
| 2024 | -35.1% | +4.5% |
| 2025 | +26.0% | +74.6% |
| 2026 | +34.1% | +16.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ISOU and UEC good diversifiers for each other?
To a limited degree. At 0.74 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ISOU and UEC?
As of 2026-08-27, the correlation of weekly returns between ISOU and UEC is 0.74 over 3 years, 0.73 over 1 year and 0.71 over 5 years.
Is UEC a good diversifier for ISOU?
To a limited degree. At 0.74 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.74 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/isou-vs-uec.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/isou-vs-uec/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ISOU correlations · UEC correlations
