^IXIC vs. BZ=F
Compare and contrast key facts about NASDAQ Composite (^IXIC) and Crude Oil Brent (BZ=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IXIC or BZ=F.
Correlation
The correlation between ^IXIC and BZ=F is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^IXIC vs. BZ=F - Performance Comparison
Key characteristics
^IXIC:
1.62
BZ=F:
-0.47
^IXIC:
2.16
BZ=F:
-0.50
^IXIC:
1.29
BZ=F:
0.94
^IXIC:
2.22
BZ=F:
-0.21
^IXIC:
8.20
BZ=F:
-0.84
^IXIC:
3.55%
BZ=F:
13.38%
^IXIC:
17.97%
BZ=F:
24.38%
^IXIC:
-77.93%
BZ=F:
-86.77%
^IXIC:
-3.97%
BZ=F:
-50.42%
Returns By Period
In the year-to-date period, ^IXIC achieves a 29.05% return, which is significantly higher than BZ=F's -6.00% return. Over the past 10 years, ^IXIC has outperformed BZ=F with an annualized return of 15.05%, while BZ=F has yielded a comparatively lower 1.81% annualized return.
^IXIC
29.05%
2.03%
9.32%
31.09%
16.81%
15.05%
BZ=F
-6.00%
-0.78%
-15.51%
-9.09%
1.74%
1.81%
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Risk-Adjusted Performance
^IXIC vs. BZ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ Composite (^IXIC) and Crude Oil Brent (BZ=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.
Drawdowns
^IXIC vs. BZ=F - Drawdown Comparison
The maximum ^IXIC drawdown since its inception was -77.93%, smaller than the maximum BZ=F drawdown of -86.77%. Use the drawdown chart below to compare losses from any high point for ^IXIC and BZ=F. For additional features, visit the drawdowns tool.
Volatility
^IXIC vs. BZ=F - Volatility Comparison
The current volatility for NASDAQ Composite (^IXIC) is 4.97%, while Crude Oil Brent (BZ=F) has a volatility of 5.52%. This indicates that ^IXIC experiences smaller price fluctuations and is considered to be less risky than BZ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.