STLD vs. X
STLD (Steel Dynamics, Inc.) and X (United States Steel Corporation) are both stocks. Both operate in the Steel industry within the Basic Materials sector. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
STLD vs. X - Performance Comparison
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Returns By Period
STLD
- 1D
- 1.37%
- 1M
- 19.72%
- YTD
- 62.87%
- 6M
- 61.39%
- 1Y
- 103.78%
- 3Y*
- 43.28%
- 5Y*
- 35.59%
- 10Y*
- 29.56%
X
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
STLD vs. X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STLD Steel Dynamics, Inc. | 62.87% | 50.70% | -1.99% | 22.75% | 60.14% | 71.42% | 12.46% | 16.78% | -29.02% | 23.34% |
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 STLD and X is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 1996 | 0.61 |
Over the past year, the correlation between STLD and X has dropped to 0.07 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
Fundamentals
STLD:
$19.01B
X:
$15.19B
STLD:
$2.66B
X:
$1.15B
STLD:
$2.23B
X:
$1.10B
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Return for Risk
STLD vs. X — Risk / Return Rank
STLD
X
STLD vs. X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Steel Dynamics, Inc. (STLD) 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.
| STLD | X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.45 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.13 | — | — |
| Martin ratioReturn relative to average drawdown | 17.17 | — | — |
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
| STLD | X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.14 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | — | — |
Drawdowns
STLD vs. X - Drawdown Comparison
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Drawdown Indicators
| STLD | X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.05% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -20.33% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -28.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.20% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.46% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | — | — |
Average DrawdownAverage peak-to-trough decline | -33.30% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.13% | — | — |
Volatility
STLD vs. X - Volatility Comparison
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Volatility by Period
| STLD | X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.94% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 24.87% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 33.25% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.04% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.32% | — | — |
Dividends
STLD vs. X - Dividend Comparison
STLD's dividend yield for the trailing twelve months is around 0.74%, while X has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STLD Steel Dynamics, Inc. | 0.74% | 1.18% | 1.61% | 1.44% | 1.39% | 1.68% | 2.71% | 2.82% | 2.50% | 1.44% | 1.57% | 3.08% |
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
STLD vs. X - Financials Comparison
This section allows you to compare key financial metrics between Steel Dynamics, Inc. and United States Steel Corporation. 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
Frequently Asked Questions
STLD and X have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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