Correlation
The correlation between ^DJUSFN and ^NDX is 0.84, 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.
^DJUSFN vs. ^NDX
Compare and contrast key facts about Dow Jones U.S. Financials Index (^DJUSFN) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJUSFN or ^NDX.
Performance
^DJUSFN vs. ^NDX - Performance Comparison
Loading data...
Key characteristics
^DJUSFN:
1.20
^NDX:
0.54
^DJUSFN:
1.62
^NDX:
0.99
^DJUSFN:
1.24
^NDX:
1.14
^DJUSFN:
1.40
^NDX:
0.66
^DJUSFN:
5.35
^NDX:
2.12
^DJUSFN:
4.14%
^NDX:
7.09%
^DJUSFN:
19.59%
^NDX:
25.64%
^DJUSFN:
-80.50%
^NDX:
-82.90%
^DJUSFN:
-2.05%
^NDX:
-1.42%
Returns By Period
In the year-to-date period, ^DJUSFN achieves a 5.15% return, which is significantly higher than ^NDX's 4.04% return. Over the past 10 years, ^DJUSFN has underperformed ^NDX with an annualized return of 8.89%, while ^NDX has yielded a comparatively higher 17.24% annualized return.
^DJUSFN
5.15%
0.43%
1.72%
23.43%
14.52%
14.01%
8.89%
^NDX
4.04%
4.76%
0.44%
13.80%
22.70%
17.73%
17.24%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^DJUSFN vs. ^NDX — Risk-Adjusted Performance Rank
^DJUSFN
^NDX
^DJUSFN vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Financials Index (^DJUSFN) and NASDAQ 100 (^NDX). 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.
Loading data...
Drawdowns
^DJUSFN vs. ^NDX - Drawdown Comparison
The maximum ^DJUSFN drawdown since its inception was -80.50%, roughly equal to the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ^DJUSFN and ^NDX.
Loading data...
Volatility
^DJUSFN vs. ^NDX - Volatility Comparison
Dow Jones U.S. Financials Index (^DJUSFN) and NASDAQ 100 (^NDX) have volatilities of 3.72% and 3.84%, 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.
Loading data...