^NYA vs. ^NDX
Compare and contrast key facts about NYSE Composite (^NYA) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NYA or ^NDX.
Correlation
The correlation between ^NYA and ^NDX is 0.74, 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. ^NDX - Performance Comparison
Key characteristics
^NYA:
1.19
^NDX:
0.76
^NYA:
1.70
^NDX:
1.10
^NYA:
1.21
^NDX:
1.14
^NYA:
1.98
^NDX:
1.05
^NYA:
5.53
^NDX:
3.51
^NYA:
2.31%
^NDX:
4.07%
^NYA:
10.77%
^NDX:
18.81%
^NYA:
-59.01%
^NDX:
-82.90%
^NYA:
-2.21%
^NDX:
-7.89%
Returns By Period
In the year-to-date period, ^NYA achieves a 3.80% return, which is significantly higher than ^NDX's -2.79% return. Over the past 10 years, ^NYA has underperformed ^NDX with an annualized return of 6.24%, while ^NDX has yielded a comparatively higher 16.65% annualized return.
^NYA
3.80%
-0.88%
2.75%
11.82%
8.82%
6.24%
^NDX
-2.79%
-4.90%
4.35%
11.60%
18.02%
16.65%
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Risk-Adjusted Performance
^NYA vs. ^NDX — Risk-Adjusted Performance Rank
^NYA
^NDX
^NYA vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Composite (^NYA) and NASDAQ 100 (^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.
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. For additional features, visit the drawdowns tool.
Volatility
^NYA vs. ^NDX - Volatility Comparison
The current volatility for NYSE Composite (^NYA) is 2.93%, while NASDAQ 100 (^NDX) has a volatility of 5.61%. 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.