^DJI vs. CLF
Compare and contrast key facts about Dow Jones Industrial Average (^DJI) and Cleveland-Cliffs Inc. (CLF).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJI or CLF.
Key characteristics
| ^DJI | CLF | |
|---|---|---|
| YTD Return | 7.05% | -44.17% |
| 1Y Return | 16.94% | -20.94% |
| 3Y Return (Ann) | 4.76% | -21.96% |
| 5Y Return (Ann) | 8.54% | 10.29% |
| 10Y Return (Ann) | 9.04% | -1.27% |
| Sharpe Ratio | 1.60 | -0.62 |
| Daily Std Dev | 10.74% | 38.09% |
| Max Drawdown | -53.78% | -98.79% |
| Current Drawdown | -2.93% | -88.40% |
Correlation
The correlation between ^DJI and CLF is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^DJI vs. CLF - Performance Comparison
In the year-to-date period, ^DJI achieves a 7.05% return, which is significantly higher than CLF's -44.17% return. Over the past 10 years, ^DJI has outperformed CLF with an annualized return of 9.04%, while CLF has yielded a comparatively lower -1.27% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^DJI vs. CLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Industrial Average (^DJI) 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.
Drawdowns
^DJI vs. CLF - Drawdown Comparison
The maximum ^DJI drawdown since its inception was -53.78%, smaller than the maximum CLF drawdown of -98.79%. Use the drawdown chart below to compare losses from any high point for ^DJI and CLF. For additional features, visit the drawdowns tool.
Volatility
^DJI vs. CLF - Volatility Comparison
The current volatility for Dow Jones Industrial Average (^DJI) is 3.57%, while Cleveland-Cliffs Inc. (CLF) has a volatility of 13.20%. This indicates that ^DJI 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.