^DJUSST vs. NUE
Compare and contrast key facts about Dow Jones U.S. Iron & Steel Index (^DJUSST) and Nucor Corporation (NUE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJUSST or NUE.
Key characteristics
| ^DJUSST | NUE | |
|---|---|---|
| YTD Return | -14.70% | -16.98% |
| 1Y Return | -3.78% | -12.15% |
| 3Y Return (Ann) | 12.01% | 12.24% |
| 5Y Return (Ann) | 18.49% | 24.46% |
| 10Y Return (Ann) | 7.55% | 12.78% |
| Sharpe Ratio | -0.05 | -0.35 |
| Daily Std Dev | 23.63% | 27.54% |
| Max Drawdown | -81.48% | -68.34% |
| Current Drawdown | -25.43% | -28.30% |
Correlation
The correlation between ^DJUSST and NUE is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^DJUSST vs. NUE - Performance Comparison
In the year-to-date period, ^DJUSST achieves a -14.70% return, which is significantly higher than NUE's -16.98% return. Over the past 10 years, ^DJUSST has underperformed NUE with an annualized return of 7.55%, while NUE has yielded a comparatively higher 12.78% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^DJUSST vs. NUE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Iron & Steel Index (^DJUSST) and Nucor Corporation (NUE). 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. NUE - Drawdown Comparison
The maximum ^DJUSST drawdown since its inception was -81.48%, which is greater than NUE's maximum drawdown of -68.34%. Use the drawdown chart below to compare losses from any high point for ^DJUSST and NUE. For additional features, visit the drawdowns tool.
Volatility
^DJUSST vs. NUE - Volatility Comparison
Dow Jones U.S. Iron & Steel Index (^DJUSST) and Nucor Corporation (NUE) have volatilities of 8.44% and 8.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.