^DJUSST vs. STLD
Compare and contrast key facts about Dow Jones U.S. Iron & Steel Index (^DJUSST) and Steel Dynamics, Inc. (STLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJUSST or STLD.
Correlation
The correlation between ^DJUSST and STLD is 0.53, 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. STLD - Performance Comparison
Key characteristics
^DJUSST:
-0.62
STLD:
-0.10
^DJUSST:
-0.77
STLD:
0.14
^DJUSST:
0.91
STLD:
1.02
^DJUSST:
-0.54
STLD:
-0.13
^DJUSST:
-1.39
STLD:
-0.26
^DJUSST:
14.97%
STLD:
13.89%
^DJUSST:
33.57%
STLD:
37.74%
^DJUSST:
-81.48%
STLD:
-87.05%
^DJUSST:
-30.72%
STLD:
-16.81%
Returns By Period
In the year-to-date period, ^DJUSST achieves a 3.34% return, which is significantly lower than STLD's 12.09% return. Over the past 10 years, ^DJUSST has underperformed STLD with an annualized return of 9.12%, while STLD has yielded a comparatively higher 21.81% annualized return.
^DJUSST
3.34%
-1.58%
-10.36%
-20.77%
24.78%
9.12%
STLD
12.09%
3.13%
-0.93%
-3.52%
41.64%
21.81%
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Risk-Adjusted Performance
^DJUSST vs. STLD — Risk-Adjusted Performance Rank
^DJUSST
STLD
^DJUSST vs. STLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Iron & Steel Index (^DJUSST) and Steel Dynamics, Inc. (STLD). 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. STLD - Drawdown Comparison
The maximum ^DJUSST drawdown since its inception was -81.48%, smaller than the maximum STLD drawdown of -87.05%. Use the drawdown chart below to compare losses from any high point for ^DJUSST and STLD. For additional features, visit the drawdowns tool.
Volatility
^DJUSST vs. STLD - Volatility Comparison
The current volatility for Dow Jones U.S. Iron & Steel Index (^DJUSST) is 18.12%, while Steel Dynamics, Inc. (STLD) has a volatility of 19.17%. This indicates that ^DJUSST experiences smaller price fluctuations and is considered to be less risky than STLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.