^DWGROT vs. ^IXIC
Compare and contrast key facts about Dow Jones U.S. Growth Total Stock Market Index (^DWGROT) and NASDAQ Composite (^IXIC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DWGROT or ^IXIC.
Correlation
The correlation between ^DWGROT and ^IXIC is 0.99, 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
^DWGROT vs. ^IXIC - Performance Comparison
Key characteristics
^DWGROT:
1.60
^IXIC:
1.35
^DWGROT:
2.15
^IXIC:
1.83
^DWGROT:
1.29
^IXIC:
1.25
^DWGROT:
2.40
^IXIC:
1.89
^DWGROT:
9.23
^IXIC:
6.74
^DWGROT:
3.09%
^IXIC:
3.69%
^DWGROT:
17.79%
^IXIC:
18.52%
^DWGROT:
-34.14%
^IXIC:
-77.93%
^DWGROT:
-1.14%
^IXIC:
-3.22%
Returns By Period
In the year-to-date period, ^DWGROT achieves a 3.11% return, which is significantly higher than ^IXIC's 1.10% return.
^DWGROT
3.11%
-0.62%
12.33%
26.40%
17.85%
N/A
^IXIC
1.10%
-2.43%
9.21%
21.71%
15.35%
14.70%
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Risk-Adjusted Performance
^DWGROT vs. ^IXIC — Risk-Adjusted Performance Rank
^DWGROT
^IXIC
^DWGROT vs. ^IXIC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Growth Total Stock Market Index (^DWGROT) and NASDAQ Composite (^IXIC). 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
^DWGROT vs. ^IXIC - Drawdown Comparison
The maximum ^DWGROT drawdown since its inception was -34.14%, smaller than the maximum ^IXIC drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for ^DWGROT and ^IXIC. For additional features, visit the drawdowns tool.
Volatility
^DWGROT vs. ^IXIC - Volatility Comparison
The current volatility for Dow Jones U.S. Growth Total Stock Market Index (^DWGROT) is 4.84%, while NASDAQ Composite (^IXIC) has a volatility of 5.44%. This indicates that ^DWGROT experiences smaller price fluctuations and is considered to be less risky than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.