NASDAQ Composite (^IXIC)
The NASDAQ Composite Index is a stock market index that tracks the performance of all common stocks listed on the NASDAQ stock exchange. It is one of the most widely followed benchmarks for the U.S. stock market. It includes over 3,000 companies from various sectors, such as technology, healthcare, finance, and consumer goods.
The NASDAQ Composite Index is a market-capitalization-weighted index, which means that the weight of each company's stock is based on its size. That means that the larger and more valuable a company is, the more impact it has on the index's overall performance.
The NASDAQ Composite Index is considered to be a benchmark for the technology sector, as many tech companies are listed on the NASDAQ exchange. Also, it is a relatively volatile index, as technology stocks tend to be more prone to price fluctuations due to their high growth potential.
Investors use the NASDAQ Composite Index to measure the overall performance of the NASDAQ stock exchange and get a sense of the general direction of the U.S. stock market. Financial professionals also use it as a benchmark for assessing the performance of mutual funds and other investment portfolios.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in NASDAQ Composite in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $1,163,051 for a total return of roughly 11,530.51%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
NASDAQ Composite had a return of 11.12% year-to-date (YTD) and -13.44% in the last 12 months. Over the past 10 years, NASDAQ Composite had an annualized return of 13.65%, outperforming the S&P 500 benchmark which had an annualized return of 9.71%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -2.76% | -5.31% |
| Year-To-Date | 11.12% | 2.01% |
| 6 months | 0.68% | 0.39% |
| 1 year | -13.44% | -10.12% |
| 5 years (annualized) | 9.23% | 7.32% |
| 10 years (annualized) | 13.65% | 9.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 10.68% | -1.11% | ||||||||||
| 2022 | -10.50% | 3.90% | 4.37% | -8.73% |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the NASDAQ Composite. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the NASDAQ Composite is 77.93%, recorded on Oct 9, 2002. It took 3155 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.93% | Mar 13, 2000 | 647 | Oct 9, 2002 | 3155 | Apr 23, 2015 | 3802 |
| -59.9% | Jan 12, 1973 | 436 | Oct 3, 1974 | 992 | Sep 7, 1978 | 1428 |
| -36.4% | Nov 22, 2021 | 277 | Dec 28, 2022 | — | — | — |
| -35.96% | Aug 28, 1987 | 43 | Oct 28, 1987 | 446 | Aug 3, 1989 | 489 |
| -33% | Oct 10, 1989 | 258 | Oct 16, 1990 | 115 | Apr 2, 1991 | 373 |
| -31.5% | Jun 27, 1983 | 274 | Jul 25, 1984 | 367 | Jan 7, 1986 | 641 |
| -30.12% | Feb 20, 2020 | 23 | Mar 23, 2020 | 53 | Jun 8, 2020 | 76 |
| -29.55% | Jul 21, 1998 | 57 | Oct 8, 1998 | 35 | Nov 27, 1998 | 92 |
| -28.79% | Jun 1, 1981 | 306 | Aug 13, 1982 | 58 | Nov 4, 1982 | 364 |
| -24.91% | Feb 11, 1980 | 33 | Mar 27, 1980 | 74 | Jul 14, 1980 | 107 |
Volatility Chart
Current NASDAQ Composite volatility is 25.34%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.