DNN vs SPY

Comparison between Denison Mines Corp (DNN, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceDNN has outperformed SPY, delivering a return of +22.3% compared to +14.0%

DNN vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DNN(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$3.06B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	99.13%	56.47%
Sharpe Ratio	1.39	2.02
5Y Beta	1.44	1.00
Industry	Uranium	N/A
P/E Ratio	-16.50	28.62
Forward P/E	188.68	22.20
PEG Ratio	-0.13	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	63.44%	26.35%
Debt to Equity	280.62%	33.33%
Free Cash Flow Yield	-3.45%	N/A
P/S Ratio	N/A	3.68
P/B Ratio	N/A	5.52

Market Cap / Net Assets

DNN

$3.06B

Winner

SPY

$735B

Expense Ratio

DNN

N/A

SPY

0.09%

Max Drawdown

DNN

99.13%

Winner

SPY

56.47%

Sharpe Ratio

DNN

1.39

Winner

SPY

2.02

5Y Beta

DNN

1.44

Winner

SPY

1.00

Industry

DNN

Uranium

SPY

N/A

P/E Ratio

Winner

DNN

-16.50

SPY

28.62

Forward P/E

DNN

188.68

Winner

SPY

22.20

PEG Ratio

DNN

-0.13

SPY

N/A

5Y Dividends CAGR

DNN

N/A

SPY

5.43%

5Y EPS CAGR

Winner

DNN

63.44%

SPY

26.35%

Debt to Equity

DNN

280.62%

Winner

SPY

33.33%

Free Cash Flow Yield

DNN

-3.45%

SPY

N/A

P/S Ratio

DNN

N/A

SPY

3.68

P/B Ratio

DNN

N/A

SPY

5.52

DNN vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	DNN	SPY
1 month	-8.93%	+6.03%
3 months	-18.30%	+10.31%
6 months	+33.40%	+11.05%
1 year	+99.71%	+29.87%
5 years(CAGR)	+22.27%	+13.99%
10 years(CAGR)	+21.73%	+15.51%
Max(CAGR)	-5.05%	+8.57%

DNN

-8.93%

Winner

SPY

+6.03%

DNN

-18.30%

Winner

SPY

+10.31%

Winner

DNN

+33.40%

SPY

+11.05%

Winner

DNN

+99.71%

SPY

+29.87%

5Y(CAGR)

Winner

DNN

+22.27%

SPY

+13.99%

10Y(CAGR)

Winner

DNN

+21.73%

SPY

+15.51%

Max(CAGR)

DNN

-5.05%

Winner

SPY

+8.57%

DNN vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DNN	SPY
2026	+12.71%	+10.76%
2025	+27.88%	+18.00%
2024	+6.51%	+25.59%
2023	+59.46%	+26.72%
2022	-23.84%	-18.64%
2021	+104.45%	+30.52%
2020	+57.80%	+17.28%
2019	-14.16%	+31.09%
2018	-21.36%	-5.24%
2017	-0.16%	+20.78%
2016	+7.90%	+13.59%
2015	-49.70%	+1.31%
2014	-21.19%	+14.56%
2013	-4.76%	+29.00%
2012	+26.26%	+14.17%
2011	-63.72%	+0.85%
2010	+165.11%	+13.14%
2009	-25.29%	+22.67%
2008	-87.00%	-36.25%
2007	-8.33%	+5.32%
2006	-22.26%	+13.85%
2005	-11.50%	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

DNN vs SPY Drawdown Comparison

The maximum drawdown for DNN was -98.98%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current DNN drawdown is -82.52%.

Rank	DNN	SPY
#1	-98.98% Dec 5, 2006 - Mar 18, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-38.04% Mar 4, 2005 - Oct 23, 2006	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-12.37% Nov 9, 2006 - Nov 21, 2006	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-9.85% Feb 17, 2005 - Mar 4, 2005	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-6.90% Oct 30, 2006 - Nov 2, 2006	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-2.98% Nov 6, 2006 - Nov 8, 2006	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-2.09% Feb 11, 2005 - Feb 15, 2005	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-1.07% Nov 21, 2006 - Nov 27, 2006	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-0.16% Oct 26, 2006 - Oct 30, 2006	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	N/A	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	N/A	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	N/A	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	N/A	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	N/A	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	N/A	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between DNN and SPY is -0.24 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.24

-101

Dividend Comparison (1999 - 2026)

DNN vs SPY dividend yield comparison.

Year	DNN	SPY
2026	0.00%	0.24%
2025	0.00%	1.07%
2024	0.00%	1.21%
2023	0.00%	1.40%
2022	0.00%	1.65%
2021	0.00%	1.20%
2020	0.00%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	16.81%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%