UEC vs UUUU: Correlation
Uranium Energy Corp. (UEC) and Energy Fuels Inc (UUUU) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UEC and UUUU?
Over the past 3 years, UEC and UUUU moved with a correlation of 0.78, which is strong. Recent behaviour matches the longer record: 0.78 over 1 year against 0.78 over 3. Over 5 years the correlation is 0.82, and the annualized covariance of weekly returns is 3464.5 %².
By 3-year correlation, UUUU places #4 of the 18 assets tracked against UEC. The trailing year gives UUUU the advantage: +31.3% versus +38.1%, a 6.8-point spread.
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.
UEC vs UUUU: side by side
| UEC (Uranium Energy Corp.) | UUUU (Energy Fuels Inc) | |
|---|---|---|
| 1-year return | +31.3% | +38.1% |
| 5-year return | +467.5% | +207.4% |
| Volatility (ann.) | 63.2% | 70.3% |
| Beta vs S&P 500 | 1.71 | 1.46 |
| Max drawdown (3Y) | -55.1% | -61.5% |
| Market cap | – | $3.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | UEC | UUUU |
|---|---|---|
| 2022 | +15.8% | -18.6% |
| 2023 | +64.9% | +15.8% |
| 2024 | +4.5% | -28.7% |
| 2025 | +74.6% | +183.4% |
| 2026 | +16.6% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UEC and UUUU good diversifiers for each other?
To a limited degree. At 0.78 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 UEC and UUUU?
The UEC/UUUU correlation stands at 0.78 on a 3-year window (1 year: 0.78, 5 years: 0.82), computed from weekly returns as of 2026-08-27.
Is UUUU a good diversifier for UEC?
To a limited degree. At 0.78 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 0.78 mean?
A reading of 0.78 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/uec-vs-uuuu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/uec-vs-uuuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: UEC correlations · UUUU correlations
