For vulnerability assessment of structures, different damage indexes have been established by researchers that estimate the structural damage level. In these indexes different parameters have been used for calculating structural damage level. In this paper, damage indexes based on deformation, energy and cycle hysteretic behavior are investigated in order to find a correlation between their numerical values. The selected damage indexes are calculated and compared by applying them in nonlinear time history analysis of low and intermediate rise knee braced steel frames subjected to a set of seven earthquake accelerograms. Correlations between various indexes have been presented graphically and approximate conversion formulas are also provided.