^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 0.84, 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.
Performance
^NDX vs. ^IXIC - Performance Comparison
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Key characteristics
^NDX:
0.59
^IXIC:
0.56
^NDX:
1.01
^IXIC:
0.96
^NDX:
1.14
^IXIC:
1.13
^NDX:
0.67
^IXIC:
0.61
^NDX:
2.19
^IXIC:
2.00
^NDX:
7.03%
^IXIC:
7.38%
^NDX:
25.60%
^IXIC:
26.02%
^NDX:
-82.90%
^IXIC:
-77.93%
^NDX:
-5.90%
^IXIC:
-7.26%
Returns By Period
In the year-to-date period, ^NDX achieves a -0.69% return, which is significantly higher than ^IXIC's -3.12% return. Over the past 10 years, ^NDX has outperformed ^IXIC with an annualized return of 16.65%, while ^IXIC has yielded a comparatively lower 14.04% annualized return.
^NDX
-0.69%
11.65%
-1.13%
14.91%
18.40%
16.65%
^IXIC
-3.12%
11.86%
-3.06%
14.49%
16.18%
14.04%
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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.
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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.
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Volatility
^NDX vs. ^IXIC - Volatility Comparison
The current volatility for NASDAQ 100 (^NDX) is 7.55%, while NASDAQ Composite (^IXIC) has a volatility of 7.95%. 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.
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