^DJUSM vs. NQ=F

Last updated Apr 3, 2026

Compare and contrast key facts about Dow Jones U.S. Mid-Cap Index (^DJUSM) and E-Mini Nasdaq 100 Futures (NQ=F).

Performance

^DJUSM vs. NQ=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones U.S. Mid-Cap Index (^DJUSM) and E-Mini Nasdaq 100 Futures (NQ=F). The values are adjusted to include any dividend payments, if applicable.

^DJUSM vs. NQ=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^DJUSM Dow Jones U.S. Mid-Cap Index	0.36%	11.70%	14.17%	14.40%	-16.97%	24.91%	14.73%	29.64%	-10.32%	17.92%
NQ=F E-Mini Nasdaq 100 Futures	-4.86%	19.93%	24.69%	54.45%	-32.46%	26.66%	47.22%	38.20%	-1.18%	31.76%

Returns By Period

In the year-to-date period, ^DJUSM achieves a 0.36% return, which is significantly higher than NQ=F's -4.86% return. Over the past 10 years, ^DJUSM has underperformed NQ=F with an annualized return of 10.06%, while NQ=F has yielded a comparatively higher 18.33% annualized return.

^DJUSM

• 1D: 0.38%
• 1M: -3.47%
• YTD: 0.36%
• 6M: -1.86%
• 1Y: 12.41%
• 3Y*: 12.36%
• 5Y*: 6.94%
• 10Y*: 10.06%

NQ=F

• 1D: 0.10%
• 1M: -2.17%
• YTD: -4.86%
• 6M: -3.55%
• 1Y: 22.58%
• 3Y*: 22.21%
• 5Y*: 12.71%
• 10Y*: 18.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^DJUSM vs. NQ=F — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^DJUSM

^DJUSM Risk / Return Rank: 44
^DJUSM Sharpe Ratio Rank: 42
^DJUSM Sortino Ratio Rank: 41
^DJUSM Omega Ratio Rank: 44
^DJUSM Calmar Ratio Rank: 40
^DJUSM Martin Ratio Rank: 54

NQ=F

NQ=F Risk / Return Rank: 61
NQ=F Sharpe Ratio Rank: 57
NQ=F Sortino Ratio Rank: 59
NQ=F Omega Ratio Rank: 57
NQ=F Calmar Ratio Rank: 58
NQ=F Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^DJUSM vs. NQ=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Mid-Cap Index (^DJUSM) and E-Mini Nasdaq 100 Futures (NQ=F). 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.

	^DJUSM	NQ=F	Difference
Sharpe ratio Return per unit of total volatility	0.71	0.98	-0.28
Sortino ratio Return per unit of downside risk	1.10	1.55	-0.45
Omega ratio Gain probability vs. loss probability	1.16	1.22	-0.07
Calmar ratio Return relative to maximum drawdown	1.07	2.35	-1.27
Martin ratio Return relative to average drawdown	4.89	8.67	-3.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^DJUSM vs. NQ=F - Sharpe Ratio Comparison

The current ^DJUSM Sharpe Ratio is 0.71, which is comparable to the NQ=F Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of ^DJUSM and NQ=F, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^DJUSM	NQ=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	0.98	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.56	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.82	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.90	-0.51

Correlation

The correlation between ^DJUSM and NQ=F is 0.80, 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.

Drawdowns

^DJUSM vs. NQ=F - Drawdown Comparison

The maximum ^DJUSM drawdown since its inception was -60.72%, which is greater than NQ=F's maximum drawdown of -35.28%. Use the drawdown chart below to compare losses from any high point for ^DJUSM and NQ=F.

Drawdown Indicators

	^DJUSM	NQ=F	Difference
Max Drawdown Largest peak-to-trough decline	-60.72%	-35.28%	-25.44%
Max Drawdown (1Y) Largest decline over 1 year	-8.20%	-11.89%	+3.69%
Max Drawdown (5Y) Largest decline over 5 years	-25.50%	-35.28%	+9.78%
Max Drawdown (10Y) Largest decline over 10 years	-39.59%	-35.28%	-4.31%
Current Drawdown Current decline from peak	-4.89%	-7.78%	+2.89%
Average Drawdown Average peak-to-trough decline	-9.00%	-5.15%	-3.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	3.22%	-0.42%

Volatility

^DJUSM vs. NQ=F - Volatility Comparison

The current volatility for Dow Jones U.S. Mid-Cap Index (^DJUSM) is 4.62%, while E-Mini Nasdaq 100 Futures (NQ=F) has a volatility of 6.01%. This indicates that ^DJUSM experiences smaller price fluctuations and is considered to be less risky than NQ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^DJUSM	NQ=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.62%	6.01%	-1.39%
Volatility (6M) Calculated over the trailing 6-month period	9.21%	12.59%	-3.38%
Volatility (1Y) Calculated over the trailing 1-year period	17.67%	22.18%	-4.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	22.47%	-5.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.72%	22.24%	-3.52%