SID vs. X

Last updated Jun 3, 2026

SID (Companhia Siderúrgica Nacional) and X (United States Steel Corporation) are both stocks. Both operate in the Steel industry within the Basic Materials sector. At a 0.41 correlation, their price movements are largely independent.

Performance

SID vs. X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Companhia Siderúrgica Nacional (SID) and United States Steel Corporation (X). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SID

• 1D: 8.40%
• 1M: 10.08%
• YTD: -11.25%
• 6M: -12.35%
• 1Y: -1.39%
• 3Y*: -14.55%
• 5Y*: -24.68%
• 10Y*: 1.22%

X

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SID vs. X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SID Companhia Siderúrgica Nacional	-11.25%	11.11%	-59.60%	69.73%	-29.68%	-22.18%	72.67%	68.56%	-10.61%	-24.15%
X United States Steel Corporation	0.00%	61.75%	-29.80%	95.71%	6.15%	42.45%	47.67%	-36.61%	-47.85%	7.44%

Correlation

The correlation between SID and X is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Nov 17, 1997	0.41

Over the past year, the correlation between SID and X has dropped to 0.09 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.

Fundamentals

Total Revenue (TTM) SID : $44.47B X : $15.19B
Gross Profit (TTM) SID : $12.14B X : $1.15B
EBITDA (TTM) SID : $7.32B X : $1.10B

Return for Risk

SID vs. X — Risk / Return Rank

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

SID

SID Risk / Return Rank: 38
SID Sharpe Ratio Rank: 39
SID Sortino Ratio Rank: 38
SID Omega Ratio Rank: 37
SID Calmar Ratio Rank: 39
SID Martin Ratio Rank: 38

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.

SID vs. X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Companhia Siderúrgica Nacional (SID) and United States Steel Corporation (X). 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.

	SID	X	Difference
Sharpe ratio Return per unit of total volatility	-0.03	—	—
Sortino ratio Return per unit of downside risk	0.37	—	—
Omega ratio Gain probability vs. loss probability	1.04	—	—
Calmar ratio Return relative to maximum drawdown	-0.04	—	—
Martin ratio Return relative to average drawdown	-0.10	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SID	X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.03	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.47	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	—	—

Drawdowns

Drawdown Indicators

	SID	X	Difference
Max Drawdown Largest peak-to-trough decline	-95.79%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-47.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-69.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-82.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-82.86%	—	—
Current Drawdown Current decline from peak	-86.41%	—	—
Average Drawdown Average peak-to-trough decline	-51.63%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	21.44%	—	—

Volatility

Volatility by Period

	SID	X	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	55.89%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.26%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.60%	—	—

Dividends

SID vs. X - Dividend Comparison

Neither SID nor X has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SID Companhia Siderúrgica Nacional	0.00%	0.00%	15.93%	12.83%	14.31%	8.41%	0.03%	6.89%	0.00%	0.00%	0.00%	14.30%
X United States Steel Corporation	0.00%	0.18%	0.59%	0.41%	0.80%	0.34%	0.24%	1.75%	1.10%	0.57%	0.61%	2.51%

Financials

Frequently Asked Questions

Can I hold both SID and X in my portfolio?

SID and X have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.