^DJUSST vs. NUE
Compare and contrast key facts about Dow Jones U.S. Iron & Steel Index (^DJUSST) and Nucor Corporation (NUE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJUSST or NUE.
Correlation
The correlation between ^DJUSST and NUE is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^DJUSST vs. NUE - Performance Comparison
Key characteristics
^DJUSST:
-0.62
NUE:
-0.84
^DJUSST:
-0.77
NUE:
-1.17
^DJUSST:
0.91
NUE:
0.86
^DJUSST:
-0.54
NUE:
-0.68
^DJUSST:
-1.39
NUE:
-1.60
^DJUSST:
14.97%
NUE:
20.47%
^DJUSST:
33.57%
NUE:
39.14%
^DJUSST:
-81.48%
NUE:
-68.34%
^DJUSST:
-30.72%
NUE:
-41.47%
Returns By Period
In the year-to-date period, ^DJUSST achieves a 3.34% return, which is significantly higher than NUE's -0.40% return. Over the past 10 years, ^DJUSST has underperformed NUE with an annualized return of 8.89%, while NUE has yielded a comparatively higher 11.55% annualized return.
^DJUSST
3.34%
-5.17%
-10.36%
-20.92%
26.26%
8.89%
NUE
-0.40%
-8.68%
-17.44%
-33.12%
27.45%
11.55%
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Risk-Adjusted Performance
^DJUSST vs. NUE — Risk-Adjusted Performance Rank
^DJUSST
NUE
^DJUSST vs. NUE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Iron & Steel Index (^DJUSST) and Nucor Corporation (NUE). 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
^DJUSST vs. NUE - Drawdown Comparison
The maximum ^DJUSST drawdown since its inception was -81.48%, which is greater than NUE's maximum drawdown of -68.34%. Use the drawdown chart below to compare losses from any high point for ^DJUSST and NUE. For additional features, visit the drawdowns tool.
Volatility
^DJUSST vs. NUE - Volatility Comparison
The current volatility for Dow Jones U.S. Iron & Steel Index (^DJUSST) is 18.12%, while Nucor Corporation (NUE) has a volatility of 20.03%. This indicates that ^DJUSST experiences smaller price fluctuations and is considered to be less risky than NUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.