^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.
Correlation
The correlation between ^DJI and CLF is 0.37, 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
Key characteristics
^DJI:
1.13
CLF:
-1.25
^DJI:
1.64
CLF:
-2.20
^DJI:
1.21
CLF:
0.75
^DJI:
2.10
CLF:
-0.62
^DJI:
6.06
CLF:
-1.71
^DJI:
2.10%
CLF:
32.67%
^DJI:
11.32%
CLF:
44.83%
^DJI:
-53.78%
CLF:
-98.78%
^DJI:
-5.94%
CLF:
-90.50%
Returns By Period
In the year-to-date period, ^DJI achieves a 12.34% return, which is significantly higher than CLF's -54.31% return. Over the past 10 years, ^DJI has outperformed CLF with an annualized return of 8.98%, while CLF has yielded a comparatively lower 4.82% annualized return.
^DJI
12.34%
-2.14%
8.20%
14.19%
8.29%
8.98%
CLF
-54.31%
-18.44%
-36.40%
-55.17%
3.02%
4.82%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 -98.78%. 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 3.60%, while Cleveland-Cliffs Inc. (CLF) has a volatility of 15.17%. 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.