^NDXT vs. ^NDX

Last updated Apr 2, 2026

Compare and contrast key facts about NASDAQ 100 Technology Sector Index (^NDXT) and NASDAQ 100 Index (^NDX).

Performance

^NDXT vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NASDAQ 100 Technology Sector Index (^NDXT) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

^NDXT vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^NDXT NASDAQ 100 Technology Sector Index	-4.75%	22.46%	7.13%	66.70%	-39.93%	26.98%	38.17%	47.28%	-5.49%	36.68%
^NDX NASDAQ 100 Index	-4.87%	20.17%	24.88%	53.81%	-32.97%	26.63%	47.58%	37.96%	-1.04%	31.52%

Returns By Period

The year-to-date returns for both stocks are quite close, with ^NDXT having a -4.75% return and ^NDX slightly lower at -4.87%. Both investments have delivered pretty close results over the past 10 years, with ^NDXT having a 17.68% annualized return and ^NDX not far ahead at 18.15%.

^NDXT

• 1D: 1.47%
• 1M: -2.35%
• YTD: -4.75%
• 6M: -5.31%
• 1Y: 25.44%
• 3Y*: 18.89%
• 5Y*: 8.13%
• 10Y*: 17.68%

^NDX

• 1D: 1.18%
• 1M: -3.89%
• YTD: -4.87%
• 6M: -3.15%
• 1Y: 23.58%
• 3Y*: 22.14%
• 5Y*: 12.50%
• 10Y*: 18.15%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^NDXT vs. ^NDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^NDXT

^NDXT Risk / Return Rank: 59
^NDXT Sharpe Ratio Rank: 54
^NDXT Sortino Ratio Rank: 59
^NDXT Omega Ratio Rank: 56
^NDXT Calmar Ratio Rank: 68
^NDXT Martin Ratio Rank: 59

^NDX

^NDX Risk / Return Rank: 76
^NDX Sharpe Ratio Rank: 70
^NDX Sortino Ratio Rank: 74
^NDX Omega Ratio Rank: 74
^NDX Calmar Ratio Rank: 81
^NDX Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^NDXT vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NASDAQ 100 Technology Sector Index (^NDXT) and NASDAQ 100 Index (^NDX). 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.

	^NDXT	^NDX	Difference
Sharpe ratio Return per unit of total volatility	0.85	1.04	-0.20
Sortino ratio Return per unit of downside risk	1.39	1.62	-0.23
Omega ratio Gain probability vs. loss probability	1.19	1.23	-0.04
Calmar ratio Return relative to maximum drawdown	1.65	1.93	-0.29
Martin ratio Return relative to average drawdown	5.04	7.05	-2.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^NDXT vs. ^NDX - Sharpe Ratio Comparison

The current ^NDXT Sharpe Ratio is 0.85, which is comparable to the ^NDX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of ^NDXT and ^NDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^NDXT	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.85	1.04	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.56	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.81	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.55	-0.05

Correlation

The correlation between ^NDXT and ^NDX is 0.92, 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.

Drawdowns

^NDXT vs. ^NDX - Drawdown Comparison

The maximum ^NDXT drawdown since its inception was -59.34%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ^NDXT and ^NDX.

Drawdown Indicators

	^NDXT	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-59.34%	-82.90%	+23.56%
Max Drawdown (1Y) Largest decline over 1 year	-16.08%	-12.72%	-3.36%
Max Drawdown (5Y) Largest decline over 5 years	-45.71%	-35.56%	-10.15%
Max Drawdown (10Y) Largest decline over 10 years	-45.71%	-35.56%	-10.15%
Current Drawdown Current decline from peak	-11.12%	-8.04%	-3.08%
Average Drawdown Average peak-to-trough decline	-9.95%	-24.72%	+14.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.25%	3.49%	+1.76%

Volatility

^NDXT vs. ^NDX - Volatility Comparison

NASDAQ 100 Technology Sector Index (^NDXT) has a higher volatility of 8.64% compared to NASDAQ 100 Index (^NDX) at 6.65%. This indicates that ^NDXT's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^NDXT	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.64%	6.65%	+1.99%
Volatility (6M) Calculated over the trailing 6-month period	18.53%	12.93%	+5.60%
Volatility (1Y) Calculated over the trailing 1-year period	30.23%	22.77%	+7.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.48%	22.61%	+6.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.71%	22.48%	+5.23%