^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 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^DJUSST vs. NUE - Performance Comparison
Key characteristics
^DJUSST:
-0.64
NUE:
-0.86
^DJUSST:
-0.86
NUE:
-1.22
^DJUSST:
0.90
NUE:
0.85
^DJUSST:
-0.53
NUE:
-0.67
^DJUSST:
-0.93
NUE:
-1.21
^DJUSST:
19.35%
NUE:
23.60%
^DJUSST:
28.01%
NUE:
33.14%
^DJUSST:
-81.48%
NUE:
-68.34%
^DJUSST:
-26.42%
NUE:
-34.13%
Returns By Period
In the year-to-date period, ^DJUSST achieves a 9.75% return, which is significantly lower than NUE's 12.09% return. Over the past 10 years, ^DJUSST has underperformed NUE with an annualized return of 10.40%, while NUE has yielded a comparatively higher 13.28% annualized return.
^DJUSST
9.75%
11.32%
-6.96%
-17.52%
19.36%
10.40%
NUE
12.09%
13.31%
-12.03%
-27.19%
24.25%
13.28%
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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 6.90%, while Nucor Corporation (NUE) has a volatility of 8.17%. 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.