^NDX vs. ^IXIC
Compare and contrast key facts about NASDAQ 100 (^NDX) and NASDAQ Composite (^IXIC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NDX or ^IXIC.
Correlation
The correlation between ^NDX and ^IXIC is 0.96, 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
^NDX vs. ^IXIC - Performance Comparison
Key characteristics
^NDX:
1.25
^IXIC:
1.35
^NDX:
1.72
^IXIC:
1.83
^NDX:
1.23
^IXIC:
1.25
^NDX:
1.71
^IXIC:
1.89
^NDX:
5.85
^IXIC:
6.74
^NDX:
3.97%
^IXIC:
3.69%
^NDX:
18.58%
^IXIC:
18.52%
^NDX:
-82.90%
^IXIC:
-77.93%
^NDX:
-2.53%
^IXIC:
-3.22%
Returns By Period
In the year-to-date period, ^NDX achieves a 2.86% return, which is significantly higher than ^IXIC's 1.10% return. Over the past 10 years, ^NDX has outperformed ^IXIC with an annualized return of 17.16%, while ^IXIC has yielded a comparatively lower 14.70% annualized return.
^NDX
2.86%
-1.09%
9.60%
20.05%
18.05%
17.16%
^IXIC
1.10%
-2.43%
9.21%
21.71%
15.35%
14.70%
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Risk-Adjusted Performance
^NDX vs. ^IXIC — Risk-Adjusted Performance Rank
^NDX
^IXIC
^NDX vs. ^IXIC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ 100 (^NDX) 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
^NDX vs. ^IXIC - Drawdown Comparison
The maximum ^NDX drawdown since its inception was -82.90%, which is greater than ^IXIC's maximum drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for ^NDX and ^IXIC. For additional features, visit the drawdowns tool.
Volatility
^NDX vs. ^IXIC - Volatility Comparison
The current volatility for NASDAQ 100 (^NDX) is 5.13%, while NASDAQ Composite (^IXIC) has a volatility of 5.44%. This indicates that ^NDX 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.