^SSEC vs. ^NDX

Last updated Apr 1, 2026

Compare and contrast key facts about Shanghai Composite (^SSEC) and NASDAQ 100 Index (^NDX).

Performance

^SSEC vs. ^NDX - Performance Comparison

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

^SSEC vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SSEC Shanghai Composite	-1.94%	18.41%	12.67%	-3.70%	-15.13%	4.80%	13.87%	22.30%	-24.59%	6.56%
^NDX NASDAQ 100 Index	-7.46%	15.13%	28.43%	58.27%	-27.22%	23.27%	38.32%	39.70%	4.58%	23.24%

Different Trading Currencies

^SSEC is traded in CNY, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to CNY using the latest available exchange rates.

Returns By Period

In the year-to-date period, ^SSEC achieves a -1.94% return, which is significantly higher than ^NDX's -7.46% return. Over the past 10 years, ^SSEC has underperformed ^NDX with an annualized return of 2.60%, while ^NDX has yielded a comparatively higher 18.73% annualized return.

^SSEC

• 1D: -0.80%
• 1M: -6.51%
• YTD: -1.94%
• 6M: 0.23%
• 1Y: 16.67%
• 3Y*: 5.94%
• 5Y*: 2.34%
• 10Y*: 2.60%

^NDX

• 1D: 2.99%
• 1M: -4.54%
• YTD: -7.46%
• 6M: -7.00%
• 1Y: 16.80%
• 3Y*: 21.76%
• 5Y*: 13.30%
• 10Y*: 18.73%

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

Return for Risk

^SSEC vs. ^NDX — Risk / Return Rank

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

^SSEC

^SSEC Risk / Return Rank: 74
^SSEC Sharpe Ratio Rank: 83
^SSEC Sortino Ratio Rank: 73
^SSEC Omega Ratio Rank: 82
^SSEC Calmar Ratio Rank: 63
^SSEC Martin Ratio Rank: 70

^NDX

^NDX Risk / Return Rank: 80
^NDX Sharpe Ratio Rank: 75
^NDX Sortino Ratio Rank: 82
^NDX Omega Ratio Rank: 80
^NDX Calmar Ratio Rank: 80
^NDX Martin Ratio Rank: 85

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.

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

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

	^SSEC	^NDX	Difference
Sharpe ratio Return per unit of total volatility	1.25	0.74	+0.51
Sortino ratio Return per unit of downside risk	1.53	1.22	+0.31
Omega ratio Gain probability vs. loss probability	1.26	1.17	+0.09
Calmar ratio Return relative to maximum drawdown	1.40	1.16	+0.24
Martin ratio Return relative to average drawdown	5.40	3.85	+1.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SSEC vs. ^NDX - Sharpe Ratio Comparison

The current ^SSEC Sharpe Ratio is 1.25, which is higher than the ^NDX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of ^SSEC 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

	^SSEC	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	0.74	+0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	0.59	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	0.84	-0.68
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.61	-0.30

Correlation

The correlation between ^SSEC and ^NDX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

^SSEC vs. ^NDX - Drawdown Comparison

The maximum ^SSEC drawdown since its inception was -78.27%, which is greater than ^NDX's maximum drawdown of -57.66%. Use the drawdown chart below to compare losses from any high point for ^SSEC and ^NDX.

Drawdown Indicators

	^SSEC	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-78.27%	-82.90%	+4.63%
Max Drawdown (1Y) Largest decline over 1 year	-8.83%	-12.72%	+3.89%
Max Drawdown (5Y) Largest decline over 5 years	-27.27%	-35.56%	+8.29%
Max Drawdown (10Y) Largest decline over 10 years	-30.77%	-35.56%	+4.79%
Current Drawdown Current decline from peak	-36.12%	-9.11%	-27.01%
Average Drawdown Average peak-to-trough decline	-39.97%	-24.72%	-15.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	3.45%	-0.93%

Volatility

^SSEC vs. ^NDX - Volatility Comparison

The current volatility for Shanghai Composite (^SSEC) is 5.42%, while NASDAQ 100 Index (^NDX) has a volatility of 6.32%. This indicates that ^SSEC 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.

Volatility by Period

	^SSEC	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.42%	6.32%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	9.48%	12.69%	-3.21%
Volatility (1Y) Calculated over the trailing 1-year period	13.98%	22.76%	-8.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.56%	22.52%	-6.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.30%	22.28%	-5.98%