IIIN vs. MLI
IIIN (Insteel Industries, Inc.) and MLI (Mueller Industries, Inc.) are both stocks. Both operate in the Metal Fabrication industry within the Industrials sector. Over the past 10 years, IIIN returned 4.22%/yr vs 26.29%/yr for MLI. At a 0.33 correlation, their price movements are largely independent.
Performance
IIIN vs. MLI - Performance Comparison
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Returns By Period
In the year-to-date period, IIIN achieves a -10.75% return, which is significantly lower than MLI's 14.78% return. Over the past 10 years, IIIN has underperformed MLI with an annualized return of 4.22%, while MLI has yielded a comparatively higher 26.29% annualized return.
IIIN
- 1D
- 0.32%
- 1M
- 9.76%
- YTD
- -10.75%
- 6M
- -10.04%
- 1Y
- -18.60%
- 3Y*
- 1.36%
- 5Y*
- 2.11%
- 10Y*
- 4.22%
MLI
- 1D
- 0.60%
- 1M
- 0.38%
- YTD
- 14.78%
- 6M
- 18.33%
- 1Y
- 68.84%
- 3Y*
- 51.13%
- 5Y*
- 43.33%
- 10Y*
- 26.29%
IIIN vs. MLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IIIN Insteel Industries, Inc. | -10.75% | 21.53% | -26.77% | 50.01% | -25.64% | 88.28% | 10.88% | -10.98% | -13.93% | -20.22% |
MLI Mueller Industries, Inc. | 14.78% | 46.29% | 70.51% | 62.38% | 1.05% | 70.95% | 12.30% | 37.79% | -33.10% | -2.76% |
Correlation
The correlation between IIIN and MLI is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 1992 | 0.33 |
The correlation between IIIN and MLI shifts across timeframes, from 0.33 (all time) to 0.55 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
IIIN:
$2.17
MLI:
$10.18
IIIN:
13.00
MLI:
12.91
IIIN:
0.61
MLI:
0.83
IIIN:
0.80
MLI:
2.50
IIIN:
$689.91M
MLI:
$4.37B
IIIN:
$93.93M
MLI:
$871.92M
IIIN:
$69.41M
MLI:
$1.03B
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Return for Risk
IIIN vs. MLI — Risk / Return Rank
IIIN
MLI
IIIN vs. MLI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Insteel Industries, Inc. (IIIN) and Mueller Industries, Inc. (MLI). 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.
| IIIN | MLI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.74 | ||
| Sortino ratioReturn per unit of downside risk | -3.17 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.41 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 3.10 | -3.62 |
| Martin ratioReturn relative to average drawdown | -1.16 | 8.58 | -9.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IIIN | MLI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.44 | 2.30 | -2.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 1.32 | -1.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 0.74 | -0.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.49 | -0.36 |
Drawdowns
IIIN vs. MLI - Drawdown Comparison
The maximum IIIN drawdown since its inception was -96.63%, which is greater than MLI's maximum drawdown of -61.72%. Use the drawdown chart below to compare losses from any high point for IIIN and MLI.
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Drawdown Indicators
| IIIN | MLI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.63% | -61.72% | -34.91% |
Max Drawdown (1Y)Largest decline over 1 year | -36.11% | -22.33% | -13.78% |
Max Drawdown (3Y)Largest decline over 3 years | -36.98% | -27.79% | -9.19% |
Max Drawdown (5Y)Largest decline over 5 years | -47.32% | -27.79% | -19.53% |
Max Drawdown (10Y)Largest decline over 10 years | -74.37% | -52.95% | -21.42% |
Current DrawdownCurrent decline from peak | -26.29% | -6.73% | -19.56% |
Average DrawdownAverage peak-to-trough decline | -38.78% | -16.05% | -22.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.05% | 8.05% | +8.00% |
Volatility
IIIN vs. MLI - Volatility Comparison
Insteel Industries, Inc. (IIIN) and Mueller Industries, Inc. (MLI) have volatilities of 10.47% and 11.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IIIN | MLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.47% | 11.02% | -0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 35.39% | 25.74% | +9.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.65% | 30.10% | +12.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.49% | 33.04% | +6.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.82% | 35.76% | +8.06% |
Dividends
IIIN vs. MLI - Dividend Comparison
IIIN's dividend yield for the trailing twelve months is around 3.97%, more than MLI's 0.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIIN Insteel Industries, Inc. | 3.97% | 3.54% | 4.15% | 6.84% | 7.70% | 5.33% | 7.27% | 0.56% | 0.49% | 0.42% | 3.84% | 5.35% |
MLI Mueller Industries, Inc. | 0.84% | 0.87% | 1.01% | 1.27% | 1.69% | 0.88% | 1.14% | 1.26% | 1.71% | 9.60% | 0.94% | 1.11% |
Financials
IIIN vs. MLI - Financials Comparison
This section allows you to compare key financial metrics between Insteel Industries, Inc. and Mueller Industries, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
IIIN vs. MLI - Profitability Comparison
IIIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Insteel Industries, Inc. reported a gross profit of 16.49M and revenue of 172.65M. Therefore, the gross margin over that period was 9.6%.
MLI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mueller Industries, Inc. reported a gross profit of 0.00 and revenue of 1.19B. Therefore, the gross margin over that period was 0.0%.
IIIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Insteel Industries, Inc. reported an operating income of 6.74M and revenue of 172.65M, resulting in an operating margin of 3.9%.
MLI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mueller Industries, Inc. reported an operating income of 312.23M and revenue of 1.19B, resulting in an operating margin of 26.2%.
IIIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Insteel Industries, Inc. reported a net income of 5.22M and revenue of 172.65M, resulting in a net margin of 3.0%.
MLI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mueller Industries, Inc. reported a net income of 239.02M and revenue of 1.19B, resulting in a net margin of 20.0%.
Frequently Asked Questions
IIIN and MLI have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MLI has higher volatility (11.02%) compared to IIIN (10.47%). In terms of maximum drawdown, IIIN dropped -96.63% vs MLI's -61.72%.
MLI currently has the higher Sharpe Ratio (2.30 vs -0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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