ASPN vs. ^NDX
Compare and contrast key facts about Aspen Aerogels, Inc. (ASPN) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASPN or ^NDX.
Correlation
The correlation between ASPN and ^NDX is 0.31, 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.
Performance
ASPN vs. ^NDX - Performance Comparison
Key characteristics
ASPN:
-0.58
^NDX:
1.34
ASPN:
-0.71
^NDX:
1.84
ASPN:
0.92
^NDX:
1.24
ASPN:
-0.61
^NDX:
1.82
ASPN:
-1.49
^NDX:
6.25
ASPN:
35.86%
^NDX:
3.96%
ASPN:
92.80%
^NDX:
18.46%
ASPN:
-91.34%
^NDX:
-82.90%
ASPN:
-87.20%
^NDX:
-0.48%
Returns By Period
In the year-to-date period, ASPN achieves a -31.40% return, which is significantly lower than ^NDX's 5.03% return. Over the past 10 years, ASPN has underperformed ^NDX with an annualized return of -0.41%, while ^NDX has yielded a comparatively higher 17.41% annualized return.
ASPN
-31.40%
-30.04%
-72.12%
-51.34%
-3.65%
-0.41%
^NDX
5.03%
2.33%
13.22%
26.26%
18.56%
17.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ASPN vs. ^NDX — Risk-Adjusted Performance Rank
ASPN
^NDX
ASPN vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aspen Aerogels, Inc. (ASPN) 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
ASPN vs. ^NDX - Drawdown Comparison
The maximum ASPN drawdown since its inception was -91.34%, which is greater than ^NDX's maximum drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ASPN and ^NDX. For additional features, visit the drawdowns tool.
Volatility
ASPN vs. ^NDX - Volatility Comparison
Aspen Aerogels, Inc. (ASPN) has a higher volatility of 28.86% compared to NASDAQ 100 (^NDX) at 4.83%. This indicates that ASPN's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.