^DJI vs. CLF
^DJI (Dow Jones Industrial Average) is an index, while CLF (Cleveland-Cliffs Inc.) is a stock. Over the past 10 years, ^DJI returned 10.98%/yr vs 3.46%/yr for CLF. At a 0.39 correlation, their price movements are largely independent.
Performance
^DJI vs. CLF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ^DJI achieves a 9.23% return, which is significantly higher than CLF's -26.88% return. Over the past 10 years, ^DJI has outperformed CLF with an annualized return of 10.98%, while CLF has yielded a comparatively lower 3.46% annualized return.
^DJI
- 1D
- -0.26%
- 1M
- 2.53%
- 6M
- 5.86%
- YTD
- 9.23%
- 1Y
- 18.32%
- 3Y*
- 15.01%
- 5Y*
- 8.49%
- 10Y*
- 10.98%
CLF
- 1D
- 3.30%
- 1M
- -29.54%
- 6M
- -24.79%
- YTD
- -26.88%
- 1Y
- -1.62%
- 3Y*
- -16.64%
- 5Y*
- -14.97%
- 10Y*
- 3.46%
^DJI vs. CLF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^DJI Dow Jones Industrial Average | 9.23% | 12.97% | 12.88% | 13.70% | -8.78% | 18.73% | 7.25% | 22.34% | -5.63% | 25.08% |
CLF Cleveland-Cliffs Inc. | -26.88% | 41.28% | -53.97% | 26.75% | -26.00% | 49.52% | 77.38% | 12.72% | 6.66% | -14.27% |
Correlation
The correlation between ^DJI and CLF is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1992 | 0.39 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
^DJI vs. CLF — Risk / Return Rank
^DJI
CLF
^DJI vs. CLF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Industrial Average (^DJI) and Cleveland-Cliffs Inc. (CLF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^DJI | CLF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.06 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | -0.03 | +1.87 |
| Martin ratioReturn relative to average drawdown | 6.99 | -0.06 | +7.05 |
Loading charts...
Drawdowns
^DJI vs. CLF - Drawdown Comparison
The maximum ^DJI drawdown since its inception was -53.78%, smaller than the maximum CLF drawdown of -98.78%. Use the drawdown chart below to compare losses from any high point for ^DJI and CLF.
Loading charts...
Drawdown Indicators
| ^DJI | CLF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.78% | -98.78% | +45.00% |
Max Drawdown (1Y)Largest decline over 1 year | -10.01% | -51.67% | +41.66% |
Max Drawdown (3Y)Largest decline over 3 years | -16.37% | -74.46% | +58.09% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -82.37% | +60.43% |
Max Drawdown (10Y)Largest decline over 10 years | -37.09% | -82.37% | +45.28% |
Current DrawdownCurrent decline from peak | -1.05% | -90.10% | +89.05% |
Average DrawdownAverage peak-to-trough decline | -8.01% | -47.71% | +39.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 26.86% | -24.23% |
Volatility
^DJI vs. CLF - Volatility Comparison
The current volatility for Dow Jones Industrial Average (^DJI) is 2.97%, while Cleveland-Cliffs Inc. (CLF) has a volatility of 18.58%. This indicates that ^DJI experiences smaller price fluctuations and is considered to be less risky than CLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ^DJI | CLF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 18.58% | -15.61% |
Volatility (6M)Calculated over the trailing 6-month period | 9.74% | 47.89% | -38.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.35% | 67.77% | -55.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.86% | 59.19% | -44.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.59% | 61.94% | -44.35% |
Frequently Asked Questions
^DJI and CLF have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLF has higher volatility (18.58%) compared to ^DJI (2.97%). In terms of maximum drawdown, ^DJI dropped -53.78% vs CLF's -98.78%.
^DJI currently has the higher Sharpe Ratio (1.49 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ^DJI and CLF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer