CLF vs. ^DJI
Compare and contrast key facts about Cleveland-Cliffs Inc. (CLF) and Dow Jones Industrial Average (^DJI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLF or ^DJI.
Correlation
The correlation between CLF and ^DJI is 0.37, 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
CLF vs. ^DJI - Performance Comparison
Key characteristics
CLF:
-1.20
^DJI:
-0.05
CLF:
-2.39
^DJI:
0.03
CLF:
0.72
^DJI:
1.00
CLF:
-0.75
^DJI:
-0.05
CLF:
-1.61
^DJI:
-0.22
CLF:
43.31%
^DJI:
3.27%
CLF:
58.10%
^DJI:
14.24%
CLF:
-98.78%
^DJI:
-53.78%
CLF:
-92.91%
^DJI:
-14.88%
Returns By Period
In the year-to-date period, CLF achieves a -25.96% return, which is significantly lower than ^DJI's -9.94% return. Over the past 10 years, CLF has underperformed ^DJI with an annualized return of 4.08%, while ^DJI has yielded a comparatively higher 7.94% annualized return.
CLF
-25.96%
-30.68%
-46.46%
-68.96%
13.14%
4.08%
^DJI
-9.94%
-10.91%
-9.53%
-0.73%
12.74%
7.94%
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Risk-Adjusted Performance
CLF vs. ^DJI — Risk-Adjusted Performance Rank
CLF
^DJI
CLF vs. ^DJI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cleveland-Cliffs Inc. (CLF) and Dow Jones Industrial Average (^DJI). 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
CLF vs. ^DJI - Drawdown Comparison
The maximum CLF drawdown since its inception was -98.78%, which is greater than ^DJI's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for CLF and ^DJI. For additional features, visit the drawdowns tool.
Volatility
CLF vs. ^DJI - Volatility Comparison
Cleveland-Cliffs Inc. (CLF) has a higher volatility of 28.06% compared to Dow Jones Industrial Average (^DJI) at 8.07%. This indicates that CLF's price experiences larger fluctuations and is considered to be riskier than ^DJI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.