^NDXE vs. ^IXIC
^NDXE (NASDAQ 100 Equal Weighted Index) and ^IXIC (NASDAQ Composite) are both indexes. Over the past 10 years, ^NDXE returned 13.95%/yr vs 17.32%/yr for ^IXIC. Their 0.95 correlation means they have historically moved very closely together.
Performance
^NDXE vs. ^IXIC - Performance Comparison
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Returns By Period
In the year-to-date period, ^NDXE achieves a 14.46% return, which is significantly higher than ^IXIC's 9.17% return. Over the past 10 years, ^NDXE has underperformed ^IXIC with an annualized return of 13.95%, while ^IXIC has yielded a comparatively higher 17.32% annualized return.
^NDXE
- 1D
- 0.27%
- 1M
- -2.57%
- 6M
- 12.73%
- YTD
- 14.46%
- 1Y
- 20.89%
- 3Y*
- 13.42%
- 5Y*
- 7.39%
- 10Y*
- 13.95%
- ALL TIME*
- 11.20%
^IXIC
- 1D
- 1.00%
- 1M
- -1.78%
- 6M
- 8.15%
- YTD
- 9.17%
- 1Y
- 22.88%
- 3Y*
- 21.11%
- 5Y*
- 11.58%
- 10Y*
- 17.32%
- ALL TIME*
- 10.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^IXIC NASDAQ Composite | $206.58T | $204.81T | $251.66T |
| $0.00 | $0.00 | $0.00 |
^NDXE vs. ^IXIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^NDXE NASDAQ 100 Equal Weighted Index | 14.46% | 13.87% | 6.26% | 32.61% | -25.05% | 17.50% | 36.88% | 35.17% | -5.62% | 25.48% |
^IXIC NASDAQ Composite | 9.17% | 20.36% | 28.64% | 43.42% | -33.10% | 21.39% | 43.64% | 35.23% | -3.88% | 28.24% |
Correlation
The correlation between ^NDXE and ^IXIC is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.94 |
Correlation (All Time) Calculated using the full available price history since May 2, 2006 | 0.95 |
The correlation between ^NDXE and ^IXIC shifts across timeframes, from 0.85 (1 year) to 0.95 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
^NDXE vs. ^IXIC — Risk / Return Rank
^NDXE
^IXIC
^NDXE vs. ^IXIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ 100 Equal Weighted Index (^NDXE) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^NDXE | ^IXIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.19 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 1.53 | +0.48 |
| Martin ratioReturn relative to average drawdown | 6.38 | 5.08 | +1.30 |
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Drawdowns
^NDXE vs. ^IXIC - Drawdown Comparison
The maximum ^NDXE drawdown since its inception was -58.20%, smaller than the maximum ^IXIC drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for ^NDXE and ^IXIC.
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Drawdown Indicators
| ^NDXE | ^IXIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.20% | -77.93% | +19.73% |
Max Drawdown (1Y)Largest decline over 1 year | -9.57% | -13.21% | +3.64% |
Max Drawdown (3Y)Largest decline over 3 years | -21.54% | -24.32% | +2.78% |
Max Drawdown (5Y)Largest decline over 5 years | -32.54% | -36.40% | +3.86% |
Max Drawdown (10Y)Largest decline over 10 years | -32.54% | -36.40% | +3.86% |
Current DrawdownCurrent decline from peak | -4.43% | -6.35% | +1.92% |
Average DrawdownAverage peak-to-trough decline | -8.30% | -21.35% | +13.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 3.98% | -0.98% |
Volatility
^NDXE vs. ^IXIC - Volatility Comparison
The current volatility for NASDAQ 100 Equal Weighted Index (^NDXE) is 3.75%, while NASDAQ Composite (^IXIC) has a volatility of 5.74%. This indicates that ^NDXE 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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Volatility by Period
| ^NDXE | ^IXIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | 5.74% | -1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 13.17% | 14.70% | -1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.29% | 18.43% | -2.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.78% | 22.76% | -1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.90% | 22.11% | -1.21% |
Frequently Asked Questions
^NDXE and ^IXIC have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^IXIC has higher volatility (5.74%) compared to ^NDXE (3.75%). In terms of maximum drawdown, ^NDXE dropped -58.20% vs ^IXIC's -77.93%.
^NDXE currently has the higher Sharpe Ratio (1.19 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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