^NYA vs. ^IXIC
Compare and contrast key facts about NYSE Composite (^NYA) and NASDAQ Composite (^IXIC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NYA or ^IXIC.
Correlation
The correlation between ^NYA and ^IXIC is 0.79, 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
^NYA vs. ^IXIC - Performance Comparison
Key characteristics
^NYA:
0.35
^IXIC:
0.10
^NYA:
0.59
^IXIC:
0.33
^NYA:
1.09
^IXIC:
1.04
^NYA:
0.36
^IXIC:
0.11
^NYA:
1.63
^IXIC:
0.41
^NYA:
3.35%
^IXIC:
6.51%
^NYA:
15.67%
^IXIC:
25.36%
^NYA:
-59.01%
^IXIC:
-77.93%
^NYA:
-9.40%
^IXIC:
-19.27%
Returns By Period
In the year-to-date period, ^NYA achieves a -3.82% return, which is significantly higher than ^IXIC's -15.66% return. Over the past 10 years, ^NYA has underperformed ^IXIC with an annualized return of 5.18%, while ^IXIC has yielded a comparatively higher 12.53% annualized return.
^NYA
-3.82%
-6.20%
-7.63%
5.63%
10.41%
5.18%
^IXIC
-15.66%
-8.25%
-11.92%
4.39%
13.53%
12.53%
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Risk-Adjusted Performance
^NYA vs. ^IXIC — Risk-Adjusted Performance Rank
^NYA
^IXIC
^NYA vs. ^IXIC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Composite (^NYA) 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
^NYA vs. ^IXIC - Drawdown Comparison
The maximum ^NYA drawdown since its inception was -59.01%, smaller than the maximum ^IXIC drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for ^NYA and ^IXIC. For additional features, visit the drawdowns tool.
Volatility
^NYA vs. ^IXIC - Volatility Comparison
The current volatility for NYSE Composite (^NYA) is 11.33%, while NASDAQ Composite (^IXIC) has a volatility of 16.51%. This indicates that ^NYA 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.