URG vs UUUU: Correlation
Ur Energy Inc (URG) and Energy Fuels Inc (UUUU) show a strong relationship: their 3-year correlation of weekly returns is 0.71.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are URG and UUUU?
Over the past 3 years, URG and UUUU moved with a correlation of 0.71, which is strong. Recent behaviour matches the longer record: 0.69 over 1 year against 0.71 over 3. Over 5 years the correlation is 0.78, and the annualized covariance of weekly returns is 2952.9 %².
By 3-year correlation, UUUU places #5 of the 12 assets tracked against URG. Their recent paths diverged sharply: over the last 12 months UUUU outperformed by 25.6 percentage points (+12.5% for URG 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.
URG vs UUUU: side by side
| URG (Ur Energy Inc) | UUUU (Energy Fuels Inc) | |
|---|---|---|
| 1-year return | +12.5% | +38.1% |
| 5-year return | +26.4% | +207.4% |
| Volatility (ann.) | 59.1% | 70.3% |
| Beta vs S&P 500 | 1.21 | 1.46 |
| Max drawdown (3Y) | -72.1% | -61.5% |
| Market cap | $0.6B | $3.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | URG | UUUU |
|---|---|---|
| 2022 | -5.7% | -18.6% |
| 2023 | +33.9% | +15.8% |
| 2024 | -25.3% | -28.7% |
| 2025 | +20.9% | +183.4% |
| 2026 | +10.1% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are URG and UUUU good diversifiers for each other?
Somewhat, no more. With 0.71 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between URG and UUUU?
Using weekly returns as of 2026-08-27: 0.71 over 3 years, with 0.69 over the last year and 0.78 over 5 years.
Is UUUU a good diversifier for URG?
Somewhat, no more. With 0.71 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.71 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/urg-vs-uuuu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/urg-vs-uuuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: URG correlations · UUUU correlations
