USAR vs UUUU: Correlation
Measured on weekly returns over the past three years, USA Rare Earth, Inc. (USAR) and Energy Fuels Inc (UUUU) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are USAR and UUUU?
Over the past 3 years, USAR and UUUU moved with a correlation of 0.41, which is moderate. The past 12 months show a tighter link (0.63) than the 3-year average (0.41). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2863.9 %².
Within USAR's tracked universe of 34 assets, UUUU comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months UUUU outperformed by 15.4 percentage points (+22.7% for USAR 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.
USAR vs UUUU: side by side
| USAR (USA Rare Earth, Inc.) | UUUU (Energy Fuels Inc) | |
|---|---|---|
| 1-year return | +22.7% | +38.1% |
| 5-year return | n/a | +207.4% |
| Volatility (ann.) | 98.3% | 70.3% |
| Beta vs S&P 500 | -0.14 | 1.46 |
| Max drawdown (3Y) | -69.2% | -61.5% |
| Market cap | $4.7B | $3.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | USAR | UUUU |
|---|---|---|
| 2022 | – | -18.6% |
| 2023 | – | +15.8% |
| 2024 | +11.1% | -28.7% |
| 2025 | +3.7% | +183.4% |
| 2026 | +61.8% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are USAR and UUUU good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between USAR and UUUU?
As of 2026-08-27, the correlation of weekly returns between USAR and UUUU is 0.41 over 3 years, 0.63 over 1 year and n/a over 5 years.
Is UUUU a good diversifier for USAR?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/usar-vs-uuuu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/usar-vs-uuuu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: USAR correlations · UUUU correlations
