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:
-1.23
^DJI:
1.37
CLF:
-2.14
^DJI:
1.99
CLF:
0.76
^DJI:
1.26
CLF:
-0.61
^DJI:
2.56
CLF:
-1.67
^DJI:
7.31
CLF:
32.88%
^DJI:
2.12%
CLF:
44.81%
^DJI:
11.30%
CLF:
-98.78%
^DJI:
-53.78%
CLF:
-90.45%
^DJI:
-4.83%
Returns By Period
In the year-to-date period, CLF achieves a -54.06% return, which is significantly lower than ^DJI's 13.67% return. Over the past 10 years, CLF has underperformed ^DJI with an annualized return of 4.89%, while ^DJI has yielded a comparatively higher 9.07% annualized return.
CLF
-54.06%
-19.55%
-36.62%
-55.10%
3.13%
4.89%
^DJI
13.67%
-1.31%
9.43%
14.53%
8.54%
9.07%
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Risk-Adjusted Performance
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 14.95% compared to Dow Jones Industrial Average (^DJI) at 3.80%. 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.