^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 0.82, 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:
-1.21
STLD:
-0.71
^DJUSST:
-1.86
STLD:
-0.94
^DJUSST:
0.77
STLD:
0.89
^DJUSST:
-0.99
STLD:
-0.87
^DJUSST:
-1.72
STLD:
-1.59
^DJUSST:
22.14%
STLD:
15.64%
^DJUSST:
31.37%
STLD:
35.02%
^DJUSST:
-81.48%
STLD:
-87.05%
^DJUSST:
-38.57%
STLD:
-28.66%
Returns By Period
In the year-to-date period, ^DJUSST achieves a -8.37% return, which is significantly lower than STLD's -3.87% return. Over the past 10 years, ^DJUSST has underperformed STLD with an annualized return of 8.38%, while STLD has yielded a comparatively higher 20.95% annualized return.
^DJUSST
-8.37%
-16.00%
-22.05%
-38.05%
24.91%
8.38%
STLD
-3.87%
-14.15%
-14.13%
-24.40%
41.86%
20.95%
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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
Dow Jones U.S. Iron & Steel Index (^DJUSST) and Steel Dynamics, Inc. (STLD) have volatilities of 14.40% and 14.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.