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^NYA vs. ^NDX
Performance
Return for Risk
Drawdowns
Volatility

^NYA vs. ^NDX

Last updated Jun 3, 2026

^NYA (NYSE Composite) and ^NDX (NASDAQ 100 Index) are both indexes. Over the past 10 years, ^NYA returned 8.39%/yr vs 21.13%/yr for ^NDX. A 0.74 correlation means they provide meaningful diversification when combined.

Performance

^NYA vs. ^NDX - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, ^NYA achieves a 6.71% return, which is significantly lower than ^NDX's 21.43% return. Over the past 10 years, ^NYA has underperformed ^NDX with an annualized return of 8.39%, while ^NDX has yielded a comparatively higher 21.13% annualized return.

^NYA

1D
0.62%
1M
1.91%
YTD
6.71%
6M
8.45%
1Y
18.38%
3Y*
15.23%
5Y*
7.14%
10Y*
8.39%

^NDX

1D
0.48%
1M
10.65%
YTD
21.43%
6M
19.97%
1Y
42.66%
3Y*
28.22%
5Y*
17.78%
10Y*
21.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

^NYA vs. ^NDX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
^NYA
NYSE Composite		6.71%15.22%13.32%10.99%-11.53%18.17%4.40%22.32%-11.20%15.84%
^NDX
NASDAQ 100 Index		21.43%20.17%24.88%53.81%-32.97%26.63%47.58%37.96%-1.04%31.52%

Correlation

The correlation between ^NYA and ^NDX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.62

Correlation (3Y)
Calculated over the trailing 3-year period

0.63

Correlation (5Y)
Calculated over the trailing 5-year period

0.71

Correlation (10Y)
Calculated over the trailing 10-year period

0.71

Correlation (All Time)
Calculated using the full available price history since Sep 26, 1985

0.74

The correlation between ^NYA and ^NDX shifts across timeframes, from 0.62 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

NYSE Composite

NASDAQ 100 Index

Often compared with ^NYA:
^NYA vs. SPY^NYA vs. ^IXIC^NYA vs. WTKWY^NYA vs. MCD^NYA vs. ^DJI^NYA vs. BRK-A^NYA vs. ^GSPC
Often compared with ^NDX:
^NDX vs. BRK-B^NDX vs. SPY^NDX vs. ARKK^NDX vs. ^IXIC^NDX vs. TSLA^NDX vs. VOO^NDX vs. NQ=F

Return for Risk

^NYA vs. ^NDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
^NYA
^NYA Risk / Return Rank: 5757
Overall Rank
^NYA Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
^NYA Sortino Ratio Rank: 5959
Sortino Ratio Rank
^NYA Omega Ratio Rank: 5858
Omega Ratio Rank
^NYA Calmar Ratio Rank: 5555
Calmar Ratio Rank
^NYA Martin Ratio Rank: 5757
Martin Ratio Rank
^NDX
^NDX Risk / Return Rank: 8585
Overall Rank
^NDX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
^NDX Sortino Ratio Rank: 8585
Sortino Ratio Rank
^NDX Omega Ratio Rank: 8484
Omega Ratio Rank
^NDX Calmar Ratio Rank: 8787
Calmar Ratio Rank
^NDX Martin Ratio Rank: 8282
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for NYSE Composite (^NYA) 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.

^NYA^NDXDifference

Sharpe ratio

Return per unit of total volatility

1.68

2.67

-0.99

Sortino ratio

Return per unit of downside risk

2.40

3.47

-1.07

Omega ratio

Gain probability vs. loss probability

1.30

1.45

-0.15

Calmar ratio

Return relative to maximum drawdown

2.26

3.60

-1.34

Martin ratio

Return relative to average drawdown

8.39

13.80

-5.40

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^NYA vs. ^NDX - Sharpe Ratio Comparison

The current ^NYA Sharpe Ratio is 1.68, which is lower than the ^NDX Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of ^NYA and ^NDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

^NYA^NDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.68

2.67

-0.99

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

0.79

-0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

0.94

-0.44

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

0.57

-0.16

Drawdowns

^NYA vs. ^NDX - Drawdown Comparison

The maximum ^NYA drawdown since its inception was -59.01%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ^NYA and ^NDX.

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Drawdown Indicators

^NYA^NDXDifference

Max Drawdown

Largest peak-to-trough decline

-59.01%

-82.90%

+23.89%

Max Drawdown (1Y)

Largest decline over 1 year

-8.26%

-12.12%

+3.86%

Max Drawdown (3Y)

Largest decline over 3 years

-15.21%

-22.93%

+7.72%

Max Drawdown (5Y)

Largest decline over 5 years

-22.37%

-35.56%

+13.19%

Max Drawdown (10Y)

Largest decline over 10 years

-38.11%

-35.56%

-2.55%

Current Drawdown

Current decline from peak

-0.19%

0.00%

-0.19%

Average Drawdown

Average peak-to-trough decline

-9.87%

-24.62%

+14.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

3.17%

-0.94%

Volatility

^NYA vs. ^NDX - Volatility Comparison

The current volatility for NYSE Composite (^NYA) is 2.87%, while NASDAQ 100 Index (^NDX) has a volatility of 4.51%. This indicates that ^NYA experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

^NYA^NDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.87%

4.51%

-1.64%

Volatility (6M)

Calculated over the trailing 6-month period

8.56%

12.18%

-3.62%

Volatility (1Y)

Calculated over the trailing 1-year period

11.00%

16.09%

-5.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.85%

22.60%

-7.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.89%

22.53%

-5.64%

Frequently Asked Questions

^NYA and ^NDX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

^NDX has higher volatility (4.51%) compared to ^NYA (2.87%). In terms of maximum drawdown, ^NYA dropped -59.01% vs ^NDX's -82.90%.

^NDX currently has the higher Sharpe Ratio (2.67 vs 1.68), 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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