MT vs. NUE
MT (ArcelorMittal) and NUE (Nucor Corporation) are both stocks. Both operate in the Steel industry within the Basic Materials sector. Over the past 10 years, MT returned 17.45%/yr vs 20.54%/yr for NUE. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
MT vs. NUE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with MT having a 57.85% return and NUE slightly higher at 59.00%. Over the past 10 years, MT has underperformed NUE with an annualized return of 17.45%, while NUE has yielded a comparatively higher 20.54% annualized return.
MT
- 1D
- 1.99%
- 1M
- 26.23%
- YTD
- 57.85%
- 6M
- 64.75%
- 1Y
- 136.51%
- 3Y*
- 41.05%
- 5Y*
- 18.83%
- 10Y*
- 17.45%
NUE
- 1D
- 2.77%
- 1M
- 14.34%
- YTD
- 59.00%
- 6M
- 61.54%
- 1Y
- 117.92%
- 3Y*
- 24.09%
- 5Y*
- 21.10%
- 10Y*
- 20.54%
MT vs. NUE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MT ArcelorMittal | 57.85% | 100.13% | -16.92% | 10.28% | -16.44% | 40.29% | 30.56% | -14.14% | -35.85% | 47.53% |
NUE Nucor Corporation | 59.00% | 42.03% | -31.95% | 33.75% | 17.39% | 118.45% | -1.77% | 11.84% | -16.36% | 9.60% |
Correlation
The correlation between MT and NUE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 1997 | 0.53 |
The correlation between MT and NUE shifts across timeframes, from 0.40 (1 year) to 0.59 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MT:
$54.69B
NUE:
$59.26B
MT:
$3.82
NUE:
$10.12
MT:
18.76
NUE:
25.53
MT:
0.88
NUE:
1.74
MT:
0.99
NUE:
2.76
MT:
$62.01B
NUE:
$34.16B
MT:
$34.15B
NUE:
$4.77B
MT:
$5.81B
NUE:
$3.49B
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Return for Risk
MT vs. NUE — Risk / Return Rank
MT
NUE
MT vs. NUE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ArcelorMittal (MT) and Nucor Corporation (NUE). 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.
| MT | NUE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.37 | 4.02 | -0.64 |
Sortino ratioReturn per unit of downside risk | 3.89 | 4.54 | -0.64 |
Omega ratioGain probability vs. loss probability | 1.49 | 1.57 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 4.74 | 7.59 | -2.85 |
Martin ratioReturn relative to average drawdown | 16.68 | 22.86 | -6.18 |
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
| MT | NUE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.37 | 4.02 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.56 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.57 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.42 | -0.38 |
Drawdowns
MT vs. NUE - Drawdown Comparison
The maximum MT drawdown since its inception was -97.34%, which is greater than NUE's maximum drawdown of -68.34%. Use the drawdown chart below to compare losses from any high point for MT and NUE.
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Drawdown Indicators
| MT | NUE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.34% | -68.34% | -29.00% |
Max Drawdown (1Y)Largest decline over 1 year | -28.84% | -18.43% | -10.41% |
Max Drawdown (3Y)Largest decline over 3 years | -30.83% | -47.79% | +16.96% |
Max Drawdown (5Y)Largest decline over 5 years | -45.99% | -47.79% | +1.80% |
Max Drawdown (10Y)Largest decline over 10 years | -81.10% | -57.21% | -23.89% |
Current DrawdownCurrent decline from peak | -58.25% | 0.00% | -58.25% |
Average DrawdownAverage peak-to-trough decline | -69.41% | -21.14% | -48.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.20% | 6.12% | +2.08% |
Volatility
MT vs. NUE - Volatility Comparison
ArcelorMittal (MT) has a higher volatility of 15.83% compared to Nucor Corporation (NUE) at 8.23%. This indicates that MT's price experiences larger fluctuations and is considered to be riskier than NUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MT | NUE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.83% | 8.23% | +7.60% |
Volatility (6M)Calculated over the trailing 6-month period | 34.12% | 20.25% | +13.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.69% | 31.11% | +9.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.67% | 37.70% | +1.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.88% | 35.97% | +8.91% |
Dividends
MT vs. NUE - Dividend Comparison
MT's dividend yield for the trailing twelve months is around 0.80%, less than NUE's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MT ArcelorMittal | 0.80% | 1.21% | 2.16% | 1.55% | 1.45% | 0.94% | 0.00% | 1.14% | 0.48% | 0.00% | 0.00% | 4.03% |
NUE Nucor Corporation | 0.86% | 1.35% | 1.86% | 1.19% | 1.52% | 1.50% | 3.03% | 2.85% | 2.97% | 2.38% | 2.52% | 3.70% |
Financials
MT vs. NUE - Financials Comparison
This section allows you to compare key financial metrics between ArcelorMittal and Nucor Corporation. 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
MT vs. NUE - Profitability Comparison
MT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ArcelorMittal reported a gross profit of 15.46B and revenue of 15.46B. Therefore, the gross margin over that period was 100.0%.
NUE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nucor Corporation reported a gross profit of 1.50B and revenue of 9.50B. Therefore, the gross margin over that period was 15.8%.
MT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ArcelorMittal reported an operating income of 753.00M and revenue of 15.46B, resulting in an operating margin of 4.9%.
NUE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nucor Corporation reported an operating income of 0.00 and revenue of 9.50B, resulting in an operating margin of 0.0%.
MT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ArcelorMittal reported a net income of 575.00M and revenue of 15.46B, resulting in a net margin of 3.7%.
NUE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nucor Corporation reported a net income of 743.00M and revenue of 9.50B, resulting in a net margin of 7.8%.
Frequently Asked Questions
MT and NUE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MT has higher volatility (15.83%) compared to NUE (8.23%). In terms of maximum drawdown, MT dropped -97.34% vs NUE's -68.34%.
NUE currently has the higher Sharpe Ratio (4.01 vs 3.37), 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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