RS vs. MLI
RS (Reliance Steel & Aluminum Co.) and MLI (Mueller Industries, Inc.) are both stocks. RS operates in Steel (Basic Materials), while MLI operates in Metal Fabrication (Industrials). Over the past 10 years, RS returned 20.17%/yr vs 26.27%/yr for MLI. At a 0.48 correlation, their price movements are largely independent.
Performance
RS vs. MLI - Performance Comparison
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Returns By Period
In the year-to-date period, RS achieves a 38.20% return, which is significantly higher than MLI's 16.76% return. Over the past 10 years, RS has underperformed MLI with an annualized return of 20.17%, while MLI has yielded a comparatively higher 26.27% annualized return.
RS
- 1D
- 0.47%
- 1M
- 7.67%
- YTD
- 38.20%
- 6M
- 41.93%
- 1Y
- 29.99%
- 3Y*
- 18.94%
- 5Y*
- 19.92%
- 10Y*
- 20.17%
MLI
- 1D
- 0.35%
- 1M
- -5.12%
- YTD
- 16.76%
- 6M
- 19.89%
- 1Y
- 73.96%
- 3Y*
- 49.09%
- 5Y*
- 43.56%
- 10Y*
- 26.27%
RS vs. MLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RS Reliance Steel & Aluminum Co. | 38.20% | 9.12% | -2.33% | 40.29% | 27.08% | 37.84% | 2.42% | 72.21% | -15.12% | 10.49% |
MLI Mueller Industries, Inc. | 16.76% | 46.29% | 70.51% | 62.38% | 1.05% | 70.95% | 12.30% | 37.79% | -33.10% | -2.76% |
Correlation
The correlation between RS and MLI is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 1994 | 0.48 |
The correlation between RS and MLI shifts across timeframes, from 0.44 (1 year) to 0.57 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
RS:
$14.01
MLI:
$10.18
RS:
28.29
MLI:
13.09
RS:
1.46
MLI:
2.54
RS:
$14.29B
MLI:
$4.37B
RS:
$3.90B
MLI:
$871.92M
RS:
$1.30B
MLI:
$1.03B
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Return for Risk
RS vs. MLI — Risk / Return Rank
RS
MLI
RS vs. MLI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Reliance Steel & Aluminum Co. (RS) and Mueller Industries, Inc. (MLI). 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.
| RS | MLI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.44 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 3.33 | -1.98 |
| Martin ratioReturn relative to average drawdown | 2.33 | 9.19 | -6.86 |
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
| RS | MLI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 2.48 | -1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 1.33 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.74 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.49 | -0.03 |
Drawdowns
RS vs. MLI - Drawdown Comparison
The maximum RS drawdown since its inception was -83.80%, which is greater than MLI's maximum drawdown of -61.72%. Use the drawdown chart below to compare losses from any high point for RS and MLI.
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Drawdown Indicators
| RS | MLI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.80% | -61.72% | -22.08% |
Max Drawdown (1Y)Largest decline over 1 year | -22.30% | -22.33% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -22.30% | -27.79% | +5.49% |
Max Drawdown (5Y)Largest decline over 5 years | -22.32% | -27.79% | +5.47% |
Max Drawdown (10Y)Largest decline over 10 years | -40.83% | -52.95% | +12.12% |
Current DrawdownCurrent decline from peak | -0.05% | -5.12% | +5.07% |
Average DrawdownAverage peak-to-trough decline | -16.48% | -16.05% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.90% | 8.07% | +4.83% |
Volatility
RS vs. MLI - Volatility Comparison
The current volatility for Reliance Steel & Aluminum Co. (RS) is 5.48%, while Mueller Industries, Inc. (MLI) has a volatility of 9.97%. This indicates that RS experiences smaller price fluctuations and is considered to be less risky than MLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RS | MLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.48% | 9.97% | -4.49% |
Volatility (6M)Calculated over the trailing 6-month period | 16.63% | 25.71% | -9.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.03% | 30.09% | -5.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.92% | 33.03% | -5.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.64% | 35.76% | -6.12% |
Dividends
RS vs. MLI - Dividend Comparison
RS's dividend yield for the trailing twelve months is around 1.24%, more than MLI's 0.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 0.90% | 0.87% | 1.01% | 1.27% | 1.69% | 0.88% | 1.14% | 1.26% | 1.71% | 9.60% | 0.94% | 1.11% |
RS Reliance Steel & Aluminum Co. | 1.24% | 1.66% | 1.63% | 1.43% | 1.73% | 1.70% | 2.09% | 1.84% | 2.81% | 2.10% | 2.07% | 2.76% |
Financials
RS vs. MLI - Financials Comparison
This section allows you to compare key financial metrics between Reliance Steel & Aluminum Co. and Mueller Industries, 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
RS vs. MLI - Profitability Comparison
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%.
MLI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mueller Industries, Inc. reported a gross profit of 0.00 and revenue of 1.19B. Therefore, the gross margin over that period was 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%.
MLI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mueller Industries, Inc. reported an operating income of 312.23M and revenue of 1.19B, resulting in an operating margin of 26.2%.
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%.
MLI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mueller Industries, Inc. reported a net income of 239.02M and revenue of 1.19B, resulting in a net margin of 20.0%.
Frequently Asked Questions
RS and MLI have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MLI has higher volatility (9.97%) compared to RS (5.48%). In terms of maximum drawdown, RS dropped -83.80% vs MLI's -61.72%.
MLI currently has the higher Sharpe Ratio (2.48 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.
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