^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 0.81, 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. STLD - Performance Comparison
Key characteristics
^DJUSST:
-0.70
STLD:
0.20
^DJUSST:
-0.97
STLD:
0.57
^DJUSST:
0.89
STLD:
1.06
^DJUSST:
-0.58
STLD:
0.24
^DJUSST:
-1.02
STLD:
0.46
^DJUSST:
19.20%
STLD:
14.40%
^DJUSST:
27.99%
STLD:
32.55%
^DJUSST:
-81.48%
STLD:
-87.05%
^DJUSST:
-27.31%
STLD:
-16.59%
Returns By Period
In the year-to-date period, ^DJUSST achieves a 8.43% return, which is significantly lower than STLD's 12.39% return. Over the past 10 years, ^DJUSST has underperformed STLD with an annualized return of 10.31%, while STLD has yielded a comparatively higher 23.86% annualized return.
^DJUSST
8.43%
9.97%
-8.73%
-18.94%
19.24%
10.31%
STLD
12.39%
13.30%
6.52%
8.60%
36.89%
23.86%
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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 7.23%, while Steel Dynamics, Inc. (STLD) has a volatility of 9.86%. 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.