NTR vs. STLD
NTR (Nutrien Ltd.) and STLD (Steel Dynamics, Inc.) are both stocks. Both are in the Basic Materials sector — NTR in Agricultural Inputs, STLD in Steel. Over the past 5 years, NTR returned 4.29%/yr vs 34.95%/yr for STLD. At a 0.42 correlation, their price movements are largely independent.
Performance
NTR vs. STLD - Performance Comparison
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Returns By Period
In the year-to-date period, NTR achieves a 9.80% return, which is significantly lower than STLD's 58.17% return.
NTR
- 1D
- 0.12%
- 1M
- -1.54%
- YTD
- 9.80%
- 6M
- 15.63%
- 1Y
- 16.58%
- 3Y*
- 8.74%
- 5Y*
- 4.29%
- 10Y*
- —
STLD
- 1D
- -0.48%
- 1M
- 13.65%
- YTD
- 58.17%
- 6M
- 61.80%
- 1Y
- 102.77%
- 3Y*
- 41.16%
- 5Y*
- 34.95%
- 10Y*
- 28.87%
NTR vs. STLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NTR Nutrien Ltd. | 9.80% | 43.33% | -16.97% | -20.19% | 0.23% | 60.78% | 5.60% | 5.57% | -11.36% |
STLD Steel Dynamics, Inc. | 58.17% | 50.70% | -1.99% | 22.75% | 60.14% | 71.42% | 12.46% | 16.78% | -31.76% |
Correlation
The correlation between NTR and STLD is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2018 | 0.42 |
Over the past year, the correlation between NTR and STLD has dropped to 0.14 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.
Fundamentals
NTR:
$32.41B
STLD:
$38.69B
NTR:
$4.93
STLD:
$9.33
NTR:
13.65
STLD:
28.63
NTR:
1.17
STLD:
2.07
NTR:
1.28
STLD:
4.22
NTR:
$27.76B
STLD:
$19.01B
NTR:
$8.66B
STLD:
$2.66B
NTR:
$6.33B
STLD:
$2.23B
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Return for Risk
NTR vs. STLD — Risk / Return Rank
NTR
STLD
NTR vs. STLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nutrien Ltd. (NTR) and Steel Dynamics, Inc. (STLD). 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.
| NTR | STLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -2.85 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.45 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | 5.08 | -4.22 |
| Martin ratioReturn relative to average drawdown | 2.06 | 17.05 | -15.00 |
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
| NTR | STLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 3.11 | -2.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.92 | -0.80 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.35 | -0.17 |
Drawdowns
NTR vs. STLD - Drawdown Comparison
The maximum NTR drawdown since its inception was -57.80%, smaller than the maximum STLD drawdown of -87.05%. Use the drawdown chart below to compare losses from any high point for NTR and STLD.
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Drawdown Indicators
| NTR | STLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.80% | -87.05% | +29.25% |
Max Drawdown (1Y)Largest decline over 1 year | -19.36% | -20.33% | +0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -32.82% | -28.66% | -4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -57.80% | -32.20% | -25.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.46% | — |
Current DrawdownCurrent decline from peak | -31.68% | -3.49% | -28.19% |
Average DrawdownAverage peak-to-trough decline | -26.17% | -33.29% | +7.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.08% | 6.05% | +2.03% |
Volatility
NTR vs. STLD - Volatility Comparison
The current volatility for Nutrien Ltd. (NTR) is 6.83%, while Steel Dynamics, Inc. (STLD) has a volatility of 9.30%. This indicates that NTR experiences smaller price fluctuations and is considered to be less risky than STLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NTR | STLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.83% | 9.30% | -2.47% |
Volatility (6M)Calculated over the trailing 6-month period | 25.59% | 24.94% | +0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.67% | 33.34% | -1.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.18% | 38.03% | -3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.97% | 39.31% | -5.34% |
Dividends
NTR vs. STLD - Dividend Comparison
NTR's dividend yield for the trailing twelve months is around 3.25%, more than STLD's 0.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NTR Nutrien Ltd. | 3.25% | 3.53% | 4.83% | 3.76% | 3.51% | 2.45% | 3.74% | 3.67% | 3.47% | 0.00% | 0.00% | 0.00% |
STLD Steel Dynamics, Inc. | 0.76% | 1.18% | 1.61% | 1.44% | 1.39% | 1.68% | 2.71% | 2.82% | 2.50% | 1.44% | 1.57% | 3.08% |
Financials
NTR vs. STLD - Financials Comparison
This section allows you to compare key financial metrics between Nutrien Ltd. and Steel Dynamics, 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
NTR vs. STLD - Profitability Comparison
NTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nutrien Ltd. reported a gross profit of 1.62B and revenue of 5.96B. Therefore, the gross margin over that period was 27.2%.
STLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Steel Dynamics, Inc. reported a gross profit of 763.22M and revenue of 5.20B. Therefore, the gross margin over that period was 14.7%.
NTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nutrien Ltd. reported an operating income of 419.11M and revenue of 5.96B, resulting in an operating margin of 7.0%.
STLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Steel Dynamics, Inc. reported an operating income of 538.00M and revenue of 5.20B, resulting in an operating margin of 10.3%.
NTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nutrien Ltd. reported a net income of 129.19M and revenue of 5.96B, resulting in a net margin of 2.2%.
STLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Steel Dynamics, Inc. reported a net income of 403.44M and revenue of 5.20B, resulting in a net margin of 7.8%.
Frequently Asked Questions
NTR and STLD have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STLD has higher volatility (9.30%) compared to NTR (6.83%). In terms of maximum drawdown, NTR dropped -57.80% vs STLD's -87.05%.
STLD currently has the higher Sharpe Ratio (3.11 vs 0.53), 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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