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:
0.04
^NDX:
1.52
ASPN:
0.87
^NDX:
2.06
ASPN:
1.10
^NDX:
1.27
ASPN:
0.04
^NDX:
2.07
ASPN:
0.12
^NDX:
7.16
ASPN:
30.19%
^NDX:
3.93%
ASPN:
92.69%
^NDX:
18.45%
ASPN:
-91.34%
^NDX:
-82.90%
ASPN:
-80.02%
^NDX:
-2.97%
Returns By Period
In the year-to-date period, ASPN achieves a 7.07% return, which is significantly higher than ^NDX's 2.04% return. Over the past 10 years, ASPN has underperformed ^NDX with an annualized return of 5.97%, while ^NDX has yielded a comparatively higher 17.77% annualized return.
ASPN
7.07%
6.09%
-45.52%
6.27%
4.98%
5.97%
^NDX
2.04%
1.57%
9.83%
23.84%
18.55%
17.77%
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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 15.06% compared to NASDAQ 100 (^NDX) at 6.45%. 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.