MAGN.ME vs. ^DJUSST
Compare and contrast key facts about Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME) and Dow Jones U.S. Iron & Steel Index (^DJUSST).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAGN.ME or ^DJUSST.
Key characteristics
| MAGN.ME | ^DJUSST | |
|---|---|---|
| YTD Return | 9.26% | 0.01% |
| 1Y Return | 42.31% | 21.43% |
| 3Y Return (Ann) | -0.05% | 24.37% |
| 5Y Return (Ann) | 12.71% | 22.01% |
| 10Y Return (Ann) | 34.29% | 10.27% |
| Sharpe Ratio | 2.51 | 1.02 |
| Daily Std Dev | 19.66% | 24.72% |
| Max Drawdown | -87.40% | -81.48% |
| Current Drawdown | -21.16% | -12.56% |
Correlation
The correlation between MAGN.ME and ^DJUSST is 0.22, 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
MAGN.ME vs. ^DJUSST - Performance Comparison
In the year-to-date period, MAGN.ME achieves a 9.26% return, which is significantly higher than ^DJUSST's 0.01% return. Over the past 10 years, MAGN.ME has outperformed ^DJUSST with an annualized return of 34.29%, while ^DJUSST has yielded a comparatively lower 10.27% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MAGN.ME vs. ^DJUSST - Risk-Adjusted Performance 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.
Drawdowns
MAGN.ME vs. ^DJUSST - Drawdown Comparison
The maximum MAGN.ME drawdown since its inception was -87.40%, which is greater than ^DJUSST's maximum drawdown of -81.48%. Use the drawdown chart below to compare losses from any high point for MAGN.ME and ^DJUSST. For additional features, visit the drawdowns tool.
Volatility
MAGN.ME vs. ^DJUSST - Volatility Comparison
The current volatility for Public Joint Stock Company Magnitogorsk Iron & Steel Works (MAGN.ME) is 5.73%, while Dow Jones U.S. Iron & Steel Index (^DJUSST) has a volatility of 6.41%. This indicates that MAGN.ME experiences smaller price fluctuations and is considered to be less risky than ^DJUSST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.