INO vs. CLF
INO (Inovio Pharmaceuticals, Inc.) and CLF (Cleveland-Cliffs Inc.) are both stocks. INO operates in Biotechnology (Healthcare), while CLF operates in Steel (Basic Materials). Over the past 10 years, INO returned -40.51%/yr vs 4.33%/yr for CLF. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
INO vs. CLF - Performance Comparison
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Returns By Period
In the year-to-date period, INO achieves a -61.09% return, which is significantly lower than CLF's -13.25% return. Over the past 10 years, INO has underperformed CLF with an annualized return of -40.51%, while CLF has yielded a comparatively higher 4.33% annualized return.
INO
- 1D
- 3.20%
- 1M
- -44.51%
- 6M
- -58.47%
- YTD
- -61.09%
- 1Y
- -52.66%
- 3Y*
- -51.59%
- 5Y*
- -63.24%
- 10Y*
- -40.51%
- ALL TIME*
- -22.28%
CLF
- 1D
- -0.95%
- 1M
- 16.84%
- 6M
- -16.28%
- YTD
- -13.25%
- 1Y
- 14.51%
- 3Y*
- -13.29%
- 5Y*
- -14.35%
- 10Y*
- 4.33%
- ALL TIME*
- 6.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $404.71M | $285.99M | $240.22M | |
| $4.50M | $2.97M | $3.39M |
INO vs. CLF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INO Inovio Pharmaceuticals, Inc. | -61.09% | -4.92% | -70.10% | -67.31% | -68.74% | -43.62% | 168.18% | -17.50% | -3.15% | -40.49% |
CLF Cleveland-Cliffs Inc. | -13.25% | 41.28% | -53.97% | 26.75% | -26.00% | 49.52% | 77.38% | 12.72% | 6.66% | -14.27% |
Correlation
The correlation between INO and CLF is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 1998 | 0.14 |
The correlation between INO and CLF shifts across timeframes, from 0.10 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
INO:
$36.28M
CLF:
$6.57B
INO:
-$48.88
CLF:
-$2.26
INO:
$0.00
CLF:
$19.20B
INO:
-$1.50M
CLF:
-$319.00M
INO:
-$22.01B
CLF:
$294.00M
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Return for Risk
INO vs. CLF — Risk / Return Rank
INO
CLF
INO vs. CLF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Inovio Pharmaceuticals, Inc. (INO) and Cleveland-Cliffs Inc. (CLF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| INO | CLF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.09 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 0.18 | -0.86 |
| Martin ratioReturn relative to average drawdown | -1.23 | 0.34 | -1.57 |
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Drawdowns
INO vs. CLF - Drawdown Comparison
The maximum INO drawdown since its inception was -99.97%, roughly equal to the maximum CLF drawdown of -98.78%. Use the drawdown chart below to compare losses from any high point for INO and CLF.
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Drawdown Indicators
| INO | CLF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.97% | -98.78% | -1.19% |
Max Drawdown (1Y)Largest decline over 1 year | -77.14% | -51.67% | -25.47% |
Max Drawdown (3Y)Largest decline over 3 years | -95.27% | -74.46% | -20.81% |
Max Drawdown (5Y)Largest decline over 5 years | -99.44% | -82.37% | -17.07% |
Max Drawdown (10Y)Largest decline over 10 years | -99.83% | -82.37% | -17.46% |
Current DrawdownCurrent decline from peak | -99.97% | -88.25% | -11.72% |
Average DrawdownAverage peak-to-trough decline | -92.38% | -47.77% | -44.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.55% | 27.94% | +14.61% |
Volatility
INO vs. CLF - Volatility Comparison
Inovio Pharmaceuticals, Inc. (INO) has a higher volatility of 47.66% compared to Cleveland-Cliffs Inc. (CLF) at 20.47%. This indicates that INO's price experiences larger fluctuations and is considered to be riskier than CLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INO | CLF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 47.66% | 20.47% | +27.19% |
Volatility (6M)Calculated over the trailing 6-month period | 73.50% | 50.08% | +23.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.75% | 68.52% | +18.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.21% | 59.51% | +27.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 93.96% | 62.07% | +31.89% |
Dividends
INO vs. CLF - Dividend Comparison
Neither INO nor CLF has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CLF Cleveland-Cliffs Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.82% | 3.10% |
INO Inovio Pharmaceuticals, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
INO vs. CLF - Financials Comparison
This section allows you to compare key financial metrics between Inovio Pharmaceuticals, Inc. and Cleveland-Cliffs 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
Frequently Asked Questions
INO and CLF have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INO has higher volatility (47.66%) compared to CLF (20.47%). In terms of maximum drawdown, INO dropped -99.97% vs CLF's -98.78%.
CLF currently has the higher Sharpe Ratio (0.14 vs -0.60), 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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