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IRM vs. ^W2DOW
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between IRM and ^W2DOW is 0.27, 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.


-0.50.00.51.00.3

Performance

IRM vs. ^W2DOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Iron Mountain Incorporated (IRM) and Dow Jones Global ex-U.S. Index (^W2DOW). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%4,000.00%JulyAugustSeptemberOctoberNovemberDecember
3,078.01%
114.05%
IRM
^W2DOW

Key characteristics

Sharpe Ratio

IRM:

2.16

^W2DOW:

0.40

Sortino Ratio

IRM:

2.61

^W2DOW:

0.61

Omega Ratio

IRM:

1.37

^W2DOW:

1.08

Calmar Ratio

IRM:

2.92

^W2DOW:

0.27

Martin Ratio

IRM:

12.69

^W2DOW:

1.34

Ulcer Index

IRM:

4.64%

^W2DOW:

3.22%

Daily Std Dev

IRM:

27.25%

^W2DOW:

10.73%

Max Drawdown

IRM:

-55.71%

^W2DOW:

-93.05%

Current Drawdown

IRM:

-17.45%

^W2DOW:

-10.37%

Returns By Period

In the year-to-date period, IRM achieves a 54.47% return, which is significantly higher than ^W2DOW's 2.30% return. Over the past 10 years, IRM has outperformed ^W2DOW with an annualized return of 17.00%, while ^W2DOW has yielded a comparatively lower 2.04% annualized return.


IRM

YTD

54.47%

1M

-9.05%

6M

19.77%

1Y

56.55%

5Y*

33.78%

10Y*

17.00%

^W2DOW

YTD

2.30%

1M

-1.60%

6M

-1.27%

1Y

4.08%

5Y*

1.54%

10Y*

2.04%

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Risk-Adjusted Performance

IRM vs. ^W2DOW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Iron Mountain Incorporated (IRM) and Dow Jones Global ex-U.S. Index (^W2DOW). 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.


Sharpe ratio
The chart of Sharpe ratio for IRM, currently valued at 2.36, compared to the broader market-4.00-2.000.002.002.360.40
The chart of Sortino ratio for IRM, currently valued at 2.81, compared to the broader market-4.00-2.000.002.004.002.810.61
The chart of Omega ratio for IRM, currently valued at 1.41, compared to the broader market0.501.001.502.001.411.08
The chart of Calmar ratio for IRM, currently valued at 3.13, compared to the broader market0.002.004.006.003.130.27
The chart of Martin ratio for IRM, currently valued at 14.39, compared to the broader market-5.000.005.0010.0015.0020.0025.0014.391.34
IRM
^W2DOW

The current IRM Sharpe Ratio is 2.16, which is higher than the ^W2DOW Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of IRM and ^W2DOW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
2.36
0.40
IRM
^W2DOW

Drawdowns

IRM vs. ^W2DOW - Drawdown Comparison

The maximum IRM drawdown since its inception was -55.71%, smaller than the maximum ^W2DOW drawdown of -93.05%. Use the drawdown chart below to compare losses from any high point for IRM and ^W2DOW. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-17.45%
-10.37%
IRM
^W2DOW

Volatility

IRM vs. ^W2DOW - Volatility Comparison

Iron Mountain Incorporated (IRM) has a higher volatility of 10.07% compared to Dow Jones Global ex-U.S. Index (^W2DOW) at 2.87%. This indicates that IRM's price experiences larger fluctuations and is considered to be riskier than ^W2DOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
10.07%
2.87%
IRM
^W2DOW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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