NUE vs. CMC
NUE (Nucor Corporation) and CMC (Commercial Metals Company) are both stocks. Both operate in the Steel industry within the Basic Materials sector. Over the past 10 years, NUE returned 17.49%/yr vs 15.66%/yr for CMC. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
NUE vs. CMC - Performance Comparison
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Returns By Period
In the year-to-date period, NUE achieves a 40.22% return, which is significantly higher than CMC's -8.70% return. Over the past 10 years, NUE has outperformed CMC with an annualized return of 17.49%, while CMC has yielded a comparatively lower 15.66% annualized return.
NUE
- 1D
- 2.29%
- 1M
- -14.43%
- 6M
- 39.65%
- YTD
- 40.22%
- 1Y
- 61.81%
- 3Y*
- 12.13%
- 5Y*
- 20.31%
- 10Y*
- 17.49%
CMC
- 1D
- 4.19%
- 1M
- -19.18%
- 6M
- -12.78%
- YTD
- -8.70%
- 1Y
- 21.64%
- 3Y*
- 6.20%
- 5Y*
- 16.55%
- 10Y*
- 15.66%
NUE vs. CMC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUE Nucor Corporation | 40.22% | 42.03% | -31.95% | 33.75% | 17.39% | 118.45% | -1.77% | 11.84% | -16.36% | 9.60% |
CMC Commercial Metals Company | -8.70% | 41.52% | 0.41% | 4.99% | 35.05% | 79.83% | -5.45% | 42.81% | -23.17% | 0.33% |
Correlation
The correlation between NUE and CMC is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.54 |
The correlation between NUE and CMC shifts across timeframes, from 0.54 (all time) to 0.74 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NUE:
$51.78B
CMC:
$6.93B
NUE:
$10.13
CMC:
$5.30
NUE:
22.44
CMC:
11.82
NUE:
1.53
CMC:
0.79
NUE:
2.43
CMC:
1.55
NUE:
$34.16B
CMC:
$8.85B
NUE:
$4.77B
CMC:
$392.81M
NUE:
$3.49B
CMC:
$865.35M
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Return for Risk
NUE vs. CMC — Risk / Return Rank
NUE
CMC
NUE vs. CMC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nucor Corporation (NUE) and Commercial Metals Company (CMC). 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.
| NUE | CMC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.12 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 0.67 | +2.64 |
| Martin ratioReturn relative to average drawdown | 8.80 | 1.71 | +7.09 |
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Drawdowns
NUE vs. CMC - Drawdown Comparison
The maximum NUE drawdown since its inception was -68.34%, smaller than the maximum CMC drawdown of -83.77%. Use the drawdown chart below to compare losses from any high point for NUE and CMC.
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Drawdown Indicators
| NUE | CMC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.34% | -83.77% | +15.43% |
Max Drawdown (1Y)Largest decline over 1 year | -18.43% | -29.96% | +11.53% |
Max Drawdown (3Y)Largest decline over 3 years | -47.79% | -37.63% | -10.16% |
Max Drawdown (5Y)Largest decline over 5 years | -47.79% | -37.63% | -10.16% |
Max Drawdown (10Y)Largest decline over 10 years | -57.21% | -53.78% | -3.43% |
Current DrawdownCurrent decline from peak | -14.43% | -24.23% | +9.80% |
Average DrawdownAverage peak-to-trough decline | -21.11% | -23.50% | +2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.93% | 11.81% | -4.88% |
Volatility
NUE vs. CMC - Volatility Comparison
The current volatility for Nucor Corporation (NUE) is 11.20%, while Commercial Metals Company (CMC) has a volatility of 15.04%. This indicates that NUE experiences smaller price fluctuations and is considered to be less risky than CMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUE | CMC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.20% | 15.04% | -3.84% |
Volatility (6M)Calculated over the trailing 6-month period | 22.06% | 27.60% | -5.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.10% | 36.29% | -6.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.72% | 35.91% | +1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.97% | 39.87% | -3.90% |
Dividends
NUE vs. CMC - Dividend Comparison
NUE's dividend yield for the trailing twelve months is around 0.98%, less than CMC's 1.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMC Commercial Metals Company | 1.21% | 1.04% | 1.41% | 1.28% | 1.20% | 1.38% | 2.34% | 2.16% | 3.00% | 2.25% | 2.20% | 3.51% |
NUE Nucor Corporation | 0.98% | 1.35% | 1.86% | 1.19% | 1.52% | 1.50% | 3.03% | 2.85% | 2.97% | 2.38% | 2.52% | 3.70% |
Financials
NUE vs. CMC - Financials Comparison
This section allows you to compare key financial metrics between Nucor Corporation and Commercial Metals Company. 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
NUE vs. CMC - Profitability Comparison
NUE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
CMC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Commercial Metals Company reported a gross profit of -795.04M and revenue of 2.48B. Therefore, the gross margin over that period was -32.0%.
NUE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Nucor Corporation reported an operating income of 0.00 and revenue of 9.50B, resulting in an operating margin of 0.0%.
CMC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Commercial Metals Company reported an operating income of -366.25M and revenue of 2.48B, resulting in an operating margin of -14.8%.
NUE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Nucor Corporation reported a net income of 743.00M and revenue of 9.50B, resulting in a net margin of 7.8%.
CMC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Commercial Metals Company reported a net income of 173.02M and revenue of 2.48B, resulting in a net margin of 7.0%.
Frequently Asked Questions
NUE and CMC have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMC has higher volatility (15.04%) compared to NUE (11.20%). In terms of maximum drawdown, NUE dropped -68.34% vs CMC's -83.77%.
NUE currently has the higher Sharpe Ratio (2.04 vs 0.56), 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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