NUE vs. RS
NUE (Nucor Corporation) and RS (Reliance Steel & Aluminum Co.) are both stocks. Both operate in the Steel industry within the Basic Materials sector. Over the past 10 years, NUE returned 20.12%/yr vs 20.64%/yr for RS. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
NUE vs. RS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NUE achieves a 47.41% return, which is significantly higher than RS's 39.03% return. Both investments have delivered pretty close results over the past 10 years, with NUE having a 20.12% annualized return and RS not far ahead at 20.64%.
NUE
- 1D
- -2.16%
- 1M
- 3.29%
- YTD
- 47.41%
- 6M
- 47.39%
- 1Y
- 93.08%
- 3Y*
- 17.63%
- 5Y*
- 21.45%
- 10Y*
- 20.12%
RS
- 1D
- -1.20%
- 1M
- 8.62%
- YTD
- 39.03%
- 6M
- 35.97%
- 1Y
- 30.96%
- 3Y*
- 17.36%
- 5Y*
- 23.10%
- 10Y*
- 20.64%
NUE vs. RS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUE Nucor Corporation | 47.41% | 42.03% | -31.95% | 33.75% | 17.39% | 118.45% | -1.77% | 11.84% | -16.36% | 9.60% |
RS Reliance Steel & Aluminum Co. | 39.03% | 9.12% | -2.33% | 40.29% | 27.08% | 37.84% | 2.42% | 72.21% | -15.12% | 10.49% |
Correlation
The correlation between NUE and RS is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 1994 | 0.59 |
The correlation between NUE and RS shifts across timeframes, from 0.59 (all time) to 0.76 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NUE:
$10.12
RS:
$14.01
NUE:
23.67
RS:
28.46
NUE:
1.62
RS:
1.47
NUE:
$34.16B
RS:
$14.29B
NUE:
$4.77B
RS:
$3.90B
NUE:
$3.49B
RS:
$1.30B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NUE vs. RS — Risk / Return Rank
NUE
RS
NUE vs. RS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nucor Corporation (NUE) and Reliance Steel & Aluminum Co. (RS). 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 | RS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.97 | ||
| Sortino ratioReturn per unit of downside risk | +2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.24 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 5.08 | 1.39 | +3.68 |
| Martin ratioReturn relative to average drawdown | 15.07 | 2.41 | +12.66 |
Loading charts...
Drawdowns
NUE vs. RS - Drawdown Comparison
The maximum NUE drawdown since its inception was -68.34%, smaller than the maximum RS drawdown of -83.80%. Use the drawdown chart below to compare losses from any high point for NUE and RS.
Loading charts...
Drawdown Indicators
| NUE | RS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.34% | -83.80% | +15.46% |
Max Drawdown (1Y)Largest decline over 1 year | -18.43% | -22.30% | +3.87% |
Max Drawdown (3Y)Largest decline over 3 years | -47.79% | -22.30% | -25.49% |
Max Drawdown (5Y)Largest decline over 5 years | -47.79% | -22.32% | -25.47% |
Max Drawdown (10Y)Largest decline over 10 years | -57.21% | -40.83% | -16.38% |
Current DrawdownCurrent decline from peak | -10.03% | -3.58% | -6.45% |
Average DrawdownAverage peak-to-trough decline | -21.12% | -16.46% | -4.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.20% | 12.90% | -6.70% |
Volatility
NUE vs. RS - Volatility Comparison
Nucor Corporation (NUE) has a higher volatility of 10.21% compared to Reliance Steel & Aluminum Co. (RS) at 7.47%. This indicates that NUE's price experiences larger fluctuations and is considered to be riskier than RS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NUE | RS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.21% | 7.47% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 21.10% | 17.48% | +3.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.46% | 25.69% | +3.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.70% | 27.87% | +9.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.98% | 29.64% | +6.34% |
Dividends
NUE vs. RS - Dividend Comparison
NUE's dividend yield for the trailing twelve months is around 0.93%, less than RS's 1.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUE Nucor Corporation | 0.93% | 1.35% | 1.86% | 1.19% | 1.52% | 1.50% | 3.03% | 2.85% | 2.97% | 2.38% | 2.52% | 3.70% |
RS Reliance Steel & Aluminum Co. | 1.23% | 1.66% | 1.63% | 1.43% | 1.73% | 1.70% | 2.09% | 1.84% | 2.81% | 2.10% | 2.07% | 2.76% |
Financials
NUE vs. RS - Financials Comparison
This section allows you to compare key financial metrics between Nucor Corporation and Reliance Steel & Aluminum Co.. 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. RS - Profitability Comparison
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%.
RS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported a gross profit of 885.40M and revenue of 3.50B. Therefore, the gross margin over that period was 25.3%.
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%.
RS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported an operating income of 176.20M and revenue of 3.50B, resulting in an operating margin of 5.0%.
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%.
RS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported a net income of 116.50M and revenue of 3.50B, resulting in a net margin of 3.3%.
Frequently Asked Questions
NUE and RS have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NUE has higher volatility (10.21%) compared to RS (7.47%). In terms of maximum drawdown, NUE dropped -68.34% vs RS's -83.80%.
NUE currently has the higher Sharpe Ratio (3.18 vs 1.21), 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.
Find the right allocation for NUE and RS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer