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:
-0.78
^DJI:
1.25
CLF:
-1.11
^DJI:
1.83
CLF:
0.87
^DJI:
1.23
CLF:
-0.44
^DJI:
2.13
CLF:
-1.01
^DJI:
5.77
CLF:
39.22%
^DJI:
2.52%
CLF:
51.18%
^DJI:
11.62%
CLF:
-98.78%
^DJI:
-53.78%
CLF:
-87.80%
^DJI:
-1.86%
Returns By Period
In the year-to-date period, CLF achieves a 27.45% return, which is significantly higher than ^DJI's 3.84% return. Over the past 10 years, CLF has underperformed ^DJI with an annualized return of 6.66%, while ^DJI has yielded a comparatively higher 9.35% annualized return.
CLF
27.45%
18.73%
-6.92%
-38.69%
11.45%
6.66%
^DJI
3.84%
0.34%
8.51%
14.41%
8.81%
9.35%
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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 24.44% compared to Dow Jones Industrial Average (^DJI) at 2.58%. 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.