MAGN.ME vs. ^DJUSST

Last updated Jul 21, 2026

MAGN.ME (Public Joint Stock Company Magnitogorsk Iron & Steel Works) is a stock, while ^DJUSST (Dow Jones U.S. Iron & Steel Index) is an index. Over the past 10 years, MAGN.ME returned 0.37%/yr vs 17.51%/yr for ^DJUSST. At a 0.12 correlation, their price movements are largely independent.

Performance

MAGN.ME vs. ^DJUSST - Performance Comparison

The chart below illustrates the hypothetical performance of a RUB 10,000 investment in Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME) and Dow Jones U.S. Iron & Steel Index (^DJUSST). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MAGN.ME is traded in RUB, while ^DJUSST is traded in USD. To make them comparable, the ^DJUSST values have been converted to RUB using the latest available exchange rates.

Returns By Period

In the year-to-date period, MAGN.ME achieves a -38.95% return, which is significantly lower than ^DJUSST's 27.53% return. Over the past 10 years, MAGN.ME has underperformed ^DJUSST with an annualized return of 0.37%, while ^DJUSST has yielded a comparatively higher 17.51% annualized return.

MAGN.ME

• 1D: 7.33%
• 1M: -16.76%
• 6M: -38.93%
• YTD: -38.95%
• 1Y: -49.71%
• 3Y*: -29.07%
• 5Y*: -20.59%
• 10Y*: 0.37%
• ALL TIME*: 1.61%

^DJUSST

• 1D: -2.10%
• 1M: -0.61%
• 6M: 21.51%
• YTD: 27.53%
• 1Y: 45.21%
• 3Y*: 10.66%
• 5Y*: 21.15%
• 10Y*: 17.51%
• ALL TIME*: 11.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MAGN.ME vs. ^DJUSST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MAGN.ME Public Joint Stock Company Magnitogorsk Iron & Steel Works	-38.95%	-27.17%	-20.38%	58.72%	-50.83%	41.80%	45.84%	6.30%	12.43%	31.13%
^DJUSST Dow Jones U.S. Iron & Steel Index	27.53%	1.63%	-5.83%	63.34%	13.41%	83.27%	9.88%	3.42%	-9.43%	4.16%

Correlation

The correlation between MAGN.ME and ^DJUSST is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Aug 22, 2007	0.12

The correlation between MAGN.ME and ^DJUSST shifts across timeframes, from -0.02 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MAGN.ME vs. ^DJUSST — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MAGN.ME

MAGN.ME Risk / Return Rank: 3
MAGN.ME Sharpe Ratio Rank: 1
MAGN.ME Sortino Ratio Rank: 1
MAGN.ME Omega Ratio Rank: 4
MAGN.ME Calmar Ratio Rank: 6
MAGN.ME Martin Ratio Rank: 2

^DJUSST

^DJUSST Risk / Return Rank: 68
^DJUSST Sharpe Ratio Rank: 74
^DJUSST Sortino Ratio Rank: 76
^DJUSST Omega Ratio Rank: 72
^DJUSST Calmar Ratio Rank: 74
^DJUSST Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MAGN.ME vs. ^DJUSST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME) and Dow Jones U.S. Iron & Steel Index (^DJUSST). 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.

	MAGN.ME	^DJUSST	Difference
Sharpe ratio: Return per unit of total volatility	-1.45	1.51	-2.97
Sortino ratio: Return per unit of downside risk	-2.53	2.09	-4.62
Omega ratio: Gain probability vs. loss probability	0.76	1.26	-0.50
Calmar ratio: Return relative to maximum drawdown	-0.93	3.13	-4.06
Martin ratio: Return relative to average drawdown	-1.85	7.73	-9.58

MAGN.ME vs. ^DJUSST - Sharpe Ratio Comparison

The current MAGN.ME Sharpe Ratio is -1.45, which is lower than the ^DJUSST Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of MAGN.ME and ^DJUSST, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MAGN.ME vs. ^DJUSST - Drawdown Comparison

The maximum MAGN.ME drawdown since its inception was -87.74%, which is greater than ^DJUSST's maximum drawdown of -78.49%. Use the drawdown chart below to compare losses from any high point for MAGN.ME and ^DJUSST.

Drawdown Indicators

	MAGN.ME	^DJUSST	Difference
Max Drawdown Largest peak-to-trough decline	-87.74%	-78.49%	-9.25%
Max Drawdown (1Y) Largest decline over 1 year	-57.92%	-15.31%	-42.61%
Max Drawdown (3Y) Largest decline over 3 years	-72.40%	-45.77%	-26.63%
Max Drawdown (5Y) Largest decline over 5 years	-77.24%	-70.11%	-7.13%
Max Drawdown (10Y) Largest decline over 10 years	-77.24%	-70.11%	-7.13%
Current Drawdown Current decline from peak	-74.57%	-8.24%	-66.33%
Average Drawdown Average peak-to-trough decline	-36.44%	-28.45%	-7.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.23%	6.18%	+16.05%

Volatility

MAGN.ME vs. ^DJUSST - Volatility Comparison

Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME) has a higher volatility of 18.71% compared to Dow Jones U.S. Iron & Steel Index (^DJUSST) at 11.95%. This indicates that MAGN.ME's price experiences larger fluctuations and is considered to be riskier than ^DJUSST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGN.ME	^DJUSST	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.71%	11.95%	+6.76%
Volatility (6M) Calculated over the trailing 6-month period	27.32%	24.08%	+3.24%
Volatility (1Y) Calculated over the trailing 1-year period	30.82%	31.71%	-0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.77%	46.74%	-11.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.78%	40.02%	-8.24%

Frequently Asked Questions

Can I hold both MAGN.ME and ^DJUSST in my portfolio?

MAGN.ME and ^DJUSST have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.