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:
-0.94
^DJI:
1.38
CLF:
-1.41
^DJI:
2.00
CLF:
0.83
^DJI:
1.25
CLF:
-0.47
^DJI:
2.35
CLF:
-1.19
^DJI:
6.42
CLF:
35.92%
^DJI:
2.50%
CLF:
45.40%
^DJI:
11.60%
CLF:
-98.78%
^DJI:
-53.78%
CLF:
-89.54%
^DJI:
-3.39%
Returns By Period
In the year-to-date period, CLF achieves a 9.26% return, which is significantly higher than ^DJI's 2.22% return. Over the past 10 years, CLF has underperformed ^DJI with an annualized return of 1.81%, while ^DJI has yielded a comparatively higher 9.52% annualized return.
CLF
9.26%
10.08%
-32.30%
-42.08%
5.76%
1.81%
^DJI
2.22%
2.71%
7.94%
14.85%
8.20%
9.52%
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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 10.32% compared to Dow Jones Industrial Average (^DJI) at 4.43%. 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.