ABEA.DE vs. ^NDX
ABEA.DE (Alphabet Inc Class A) is a stock, while ^NDX (NASDAQ 100 Index) is an index. At a 0.34 correlation, their price movements are largely independent.
Performance
ABEA.DE vs. ^NDX - Performance Comparison
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Different Trading Currencies
ABEA.DE is traded in EUR, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ABEA.DE achieves a 19.53% return, which is significantly lower than ^NDX's 21.80% return.
ABEA.DE
- 1D
- 2.83%
- 1M
- -5.52%
- YTD
- 19.53%
- 6M
- 15.76%
- 1Y
- 115.20%
- 3Y*
- 39.22%
- 5Y*
- 26.69%
- 10Y*
- 25.83%
^NDX
- 1D
- 0.00%
- 1M
- 7.55%
- YTD
- 21.80%
- 6M
- 18.63%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ABEA.DE vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ABEA.DE Alphabet Inc Class A | 19.53% | 76.33% |
^NDX NASDAQ 100 Index | 16.93% | 12.54% |
Correlation
The correlation between ABEA.DE and ^NDX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025 | 0.34 |
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Return for Risk
ABEA.DE vs. ^NDX — Risk / Return Rank
ABEA.DE
^NDX
ABEA.DE vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc Class A (ABEA.DE) 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.
| ABEA.DE | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.65 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 6.78 | — | — |
| Martin ratioReturn relative to average drawdown | 22.68 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABEA.DE | ^NDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.26 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 2.30 | -1.46 |
Drawdowns
ABEA.DE vs. ^NDX - Drawdown Comparison
The maximum ABEA.DE drawdown since its inception was -60.31%, which is greater than ^NDX's maximum drawdown of -11.19%. Use the drawdown chart below to compare losses from any high point for ABEA.DE and ^NDX.
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Drawdown Indicators
| ABEA.DE | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.31% | -11.19% | -49.12% |
Max Drawdown (1Y)Largest decline over 1 year | -17.39% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -33.71% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.63% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.63% | — | — |
Current DrawdownCurrent decline from peak | -8.18% | -0.69% | -7.49% |
Average DrawdownAverage peak-to-trough decline | -12.11% | -2.54% | -9.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.21% | — | — |
Volatility
ABEA.DE vs. ^NDX - Volatility Comparison
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Volatility by Period
| ABEA.DE | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.65% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.17% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.70% | 16.28% | +11.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.64% | 16.28% | +13.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.73% | 16.28% | +11.45% |
Frequently Asked Questions
ABEA.DE and ^NDX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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