^DJUSST vs. MAGN.ME
Compare and contrast key facts about Dow Jones U.S. Iron & Steel Index (^DJUSST) and Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJUSST or MAGN.ME.
Key characteristics
| ^DJUSST | MAGN.ME | |
|---|---|---|
| YTD Return | -14.70% | -11.43% |
| 1Y Return | -3.78% | -10.92% |
| 3Y Return (Ann) | 12.01% | -12.39% |
| 5Y Return (Ann) | 18.49% | 8.31% |
| 10Y Return (Ann) | 7.55% | 27.67% |
| Sharpe Ratio | -0.05 | -0.40 |
| Daily Std Dev | 23.63% | 23.07% |
| Max Drawdown | -81.48% | -87.40% |
| Current Drawdown | -25.43% | -36.09% |
Correlation
The correlation between ^DJUSST and MAGN.ME is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^DJUSST vs. MAGN.ME - Performance Comparison
In the year-to-date period, ^DJUSST achieves a -14.70% return, which is significantly lower than MAGN.ME's -11.43% return. Over the past 10 years, ^DJUSST has underperformed MAGN.ME with an annualized return of 7.55%, while MAGN.ME has yielded a comparatively higher 27.67% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^DJUSST vs. MAGN.ME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Iron & Steel Index (^DJUSST) and Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME). 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.
Drawdowns
^DJUSST vs. MAGN.ME - Drawdown Comparison
The maximum ^DJUSST drawdown since its inception was -81.48%, smaller than the maximum MAGN.ME drawdown of -87.40%. Use the drawdown chart below to compare losses from any high point for ^DJUSST and MAGN.ME. For additional features, visit the drawdowns tool.
Volatility
^DJUSST vs. MAGN.ME - Volatility Comparison
The current volatility for Dow Jones U.S. Iron & Steel Index (^DJUSST) is 8.20%, while Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME) has a volatility of 12.47%. This indicates that ^DJUSST experiences smaller price fluctuations and is considered to be less risky than MAGN.ME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.