^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.
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
Key characteristics
^DJUSST:
-1.17
NUE:
-1.24
^DJUSST:
-1.77
NUE:
-1.97
^DJUSST:
0.79
NUE:
0.76
^DJUSST:
-0.95
NUE:
-0.97
^DJUSST:
-1.66
NUE:
-1.68
^DJUSST:
22.15%
NUE:
27.63%
^DJUSST:
31.55%
NUE:
37.53%
^DJUSST:
-81.48%
NUE:
-68.34%
^DJUSST:
-36.91%
NUE:
-46.91%
Returns By Period
In the year-to-date period, ^DJUSST achieves a -5.89% return, which is significantly higher than NUE's -9.65% return. Over the past 10 years, ^DJUSST has underperformed NUE with an annualized return of 8.55%, while NUE has yielded a comparatively higher 10.78% annualized return.
^DJUSST
-5.89%
-13.06%
-20.48%
-36.79%
22.96%
8.55%
NUE
-9.65%
-21.14%
-30.64%
-46.91%
24.26%
10.78%
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Risk-Adjusted Performance
^DJUSST vs. NUE — Risk-Adjusted Performance Rank
^DJUSST
NUE
^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
The current volatility for Dow Jones U.S. Iron & Steel Index (^DJUSST) is 14.79%, while Nucor Corporation (NUE) has a volatility of 16.94%. This indicates that ^DJUSST experiences smaller price fluctuations and is considered to be less risky than NUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.