^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:
-0.88
NUE:
-1.02
^DJUSST:
-1.29
NUE:
-1.54
^DJUSST:
0.85
NUE:
0.82
^DJUSST:
-0.72
NUE:
-0.80
^DJUSST:
-1.41
NUE:
-1.61
^DJUSST:
17.42%
NUE:
20.95%
^DJUSST:
27.80%
NUE:
33.22%
^DJUSST:
-81.48%
NUE:
-68.34%
^DJUSST:
-33.98%
NUE:
-42.36%
Returns By Period
In the year-to-date period, ^DJUSST achieves a -1.51% return, which is significantly higher than NUE's -1.91% return. Over the past 10 years, ^DJUSST has underperformed NUE with an annualized return of 8.99%, while NUE has yielded a comparatively higher 12.03% annualized return.
^DJUSST
-1.51%
-20.95%
-19.17%
-24.51%
14.96%
8.99%
NUE
-1.91%
-25.78%
-26.20%
-34.21%
18.45%
12.03%
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Risk-Adjusted Performance
^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 7.09%, while Nucor Corporation (NUE) has a volatility of 8.70%. 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.