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RIOT vs. CLF
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

RIOT vs. CLF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Riot Platforms, Inc. (RIOT) and Cleveland-Cliffs Inc. (CLF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RIOT achieves a 110.02% return, which is significantly higher than CLF's 3.77% return. Over the past 10 years, RIOT has outperformed CLF with an annualized return of 24.63%, while CLF has yielded a comparatively lower 11.73% annualized return.


RIOT

1D
1.80%
1M
6.78%
YTD
110.02%
6M
73.92%
1Y
160.63%
3Y*
37.39%
5Y*
-3.03%
10Y*
24.63%

CLF

1D
0.51%
1M
25.39%
YTD
3.77%
6M
8.42%
1Y
91.92%
3Y*
-6.24%
5Y*
-10.83%
10Y*
11.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RIOT vs. CLF - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
RIOT
Riot Platforms, Inc.
110.02%24.09%-34.00%356.34%-84.82%31.43%1,416.96%-25.83%-94.68%729.34%
CLF
Cleveland-Cliffs Inc.
3.77%41.28%-53.97%26.75%-26.00%49.52%77.38%12.72%6.66%-14.27%

Correlation

The correlation between RIOT and CLF is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.38

Correlation (3Y)
Calculated over the trailing 3-year period

0.33

Correlation (5Y)
Calculated over the trailing 5-year period

0.35

Correlation (10Y)
Calculated over the trailing 10-year period

0.27

Correlation (All Time)
Calculated using the full available price history since Jan 24, 2003

0.18

The correlation between RIOT and CLF shifts across timeframes, from 0.18 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

RIOT:

$9.25B

CLF:

$7.78B

EPS

RIOT:

-$2.35

CLF:

-$2.37

PS Ratio

RIOT:

15.01

CLF:

0.37

PB Ratio

RIOT:

3.86

CLF:

1.34

Total Revenue (TTM)

RIOT:

$653.27M

CLF:

$18.90B

Gross Profit (TTM)

RIOT:

$179.76M

CLF:

-$528.00M

EBITDA (TTM)

RIOT:

-$482.33M

CLF:

$134.00M

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Return for Risk

RIOT vs. CLF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RIOT
RIOT Risk / Return Rank: 8484
Overall Rank
RIOT Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
RIOT Sortino Ratio Rank: 8484
Sortino Ratio Rank
RIOT Omega Ratio Rank: 8181
Omega Ratio Rank
RIOT Calmar Ratio Rank: 8686
Calmar Ratio Rank
RIOT Martin Ratio Rank: 8282
Martin Ratio Rank

CLF
CLF Risk / Return Rank: 7575
Overall Rank
CLF Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
CLF Sortino Ratio Rank: 7676
Sortino Ratio Rank
CLF Omega Ratio Rank: 7676
Omega Ratio Rank
CLF Calmar Ratio Rank: 7474
Calmar Ratio Rank
CLF Martin Ratio Rank: 7272
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RIOT vs. CLF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Riot Platforms, Inc. (RIOT) and Cleveland-Cliffs Inc. (CLF). 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.


RIOTCLFDifference
Sharpe ratioReturn per unit of total volatility

+0.57

Sortino ratioReturn per unit of downside risk

+0.53

Omega ratioGain probability vs. loss probability

1.30

1.25

+0.04

Calmar ratioReturn relative to maximum drawdown

3.33

1.79

+1.54

Martin ratioReturn relative to average drawdown

6.58

3.68

+2.90

RIOT vs. CLF - Sharpe Ratio Comparison

The current RIOT Sharpe Ratio is 1.92, which is higher than the CLF Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of RIOT and CLF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

RIOT vs. CLF - Drawdown Comparison

The maximum RIOT drawdown since its inception was -99.98%, roughly equal to the maximum CLF drawdown of -98.78%. Use the drawdown chart below to compare losses from any high point for RIOT and CLF.


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Drawdown Indicators


RIOTCLFDifference

Max Drawdown

Largest peak-to-trough decline

-99.98%

-98.78%

-1.20%

Max Drawdown (1Y)

Largest decline over 1 year

-48.57%

-51.67%

+3.10%

Max Drawdown (3Y)

Largest decline over 3 years

-69.00%

-74.46%

+5.46%

Max Drawdown (5Y)

Largest decline over 5 years

-92.55%

-82.37%

-10.18%

Max Drawdown (10Y)

Largest decline over 10 years

-98.32%

-82.37%

-15.95%

Current Drawdown

Current decline from peak

-99.17%

-85.95%

-13.22%

Average Drawdown

Average peak-to-trough decline

-87.83%

-47.62%

-40.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

24.51%

25.06%

-0.55%

Volatility

RIOT vs. CLF - Volatility Comparison

The current volatility for Riot Platforms, Inc. (RIOT) is 20.07%, while Cleveland-Cliffs Inc. (CLF) has a volatility of 22.19%. This indicates that RIOT experiences smaller price fluctuations and is considered to be less risky than CLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RIOTCLFDifference

Volatility (1M)

Calculated over the trailing 1-month period

20.07%

22.19%

-2.12%

Volatility (6M)

Calculated over the trailing 6-month period

62.16%

47.32%

+14.84%

Volatility (1Y)

Calculated over the trailing 1-year period

84.24%

68.48%

+15.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

93.82%

59.28%

+34.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

112.15%

62.12%

+50.03%

Dividends

RIOT vs. CLF - Dividend Comparison

Neither RIOT nor CLF has paid dividends to shareholders.


PositionTTM202520242023202220212020201920182017
CLF
Cleveland-Cliffs Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.82%3.10%0.00%0.00%
RIOT
Riot Platforms, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%3.52%

Financials

RIOT vs. CLF - Financials Comparison

This section allows you to compare key financial metrics between Riot Platforms, Inc. and Cleveland-Cliffs 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.001.00B2.00B3.00B4.00B5.00B6.00B20222023202420252026
167.22M
4.92B
(RIOT) Total Revenue
(CLF) Total Revenue
Values in USD except per share items

Frequently Asked Questions


RIOT and CLF have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CLF has higher volatility (22.19%) compared to RIOT (20.07%). In terms of maximum drawdown, RIOT dropped -99.98% vs CLF's -98.78%.

RIOT currently has the higher Sharpe Ratio (1.92 vs 1.35), 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.

Portfolio Optimizer

Find the right allocation for RIOT and CLF

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