^OEX vs. ^NDX
Compare and contrast key facts about S&P 100 Index (^OEX) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^OEX or ^NDX.
Correlation
The correlation between ^OEX and ^NDX is 0.84, 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
^OEX vs. ^NDX - Performance Comparison
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Key characteristics
^OEX:
0.58
^NDX:
0.50
^OEX:
0.98
^NDX:
0.92
^OEX:
1.14
^NDX:
1.13
^OEX:
0.64
^NDX:
0.60
^OEX:
2.32
^NDX:
1.94
^OEX:
5.46%
^NDX:
7.06%
^OEX:
21.11%
^NDX:
25.59%
^OEX:
-61.31%
^NDX:
-82.90%
^OEX:
-5.36%
^NDX:
-4.94%
Returns By Period
In the year-to-date period, ^OEX achieves a -1.66% return, which is significantly lower than ^NDX's 0.32% return. Over the past 10 years, ^OEX has underperformed ^NDX with an annualized return of 11.77%, while ^NDX has yielded a comparatively higher 16.63% annualized return.
^OEX
-1.66%
14.44%
-0.62%
12.09%
17.23%
15.90%
11.77%
^NDX
0.32%
18.37%
2.00%
12.65%
21.22%
17.50%
16.63%
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Risk-Adjusted Performance
^OEX vs. ^NDX — Risk-Adjusted Performance Rank
^OEX
^NDX
^OEX vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 100 Index (^OEX) 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.
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Drawdowns
^OEX vs. ^NDX - Drawdown Comparison
The maximum ^OEX drawdown since its inception was -61.31%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ^OEX and ^NDX. For additional features, visit the drawdowns tool.
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Volatility
^OEX vs. ^NDX - Volatility Comparison
The current volatility for S&P 100 Index (^OEX) is 5.06%, while NASDAQ 100 (^NDX) has a volatility of 5.72%. This indicates that ^OEX 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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