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.
Performance
ASPN vs. ^NDX - Performance Comparison
Returns By Period
In the year-to-date period, ASPN achieves a -8.11% return, which is significantly lower than ^NDX's 22.07% return. Over the past 10 years, ASPN has underperformed ^NDX with an annualized return of 6.78%, while ^NDX has yielded a comparatively higher 17.11% annualized return.
ASPN
-8.11%
-32.87%
-47.10%
36.28%
15.31%
6.78%
^NDX
22.07%
1.06%
9.99%
29.68%
19.98%
17.11%
Key characteristics
| ASPN | ^NDX | |
|---|---|---|
| Sharpe Ratio | 0.46 | 1.69 |
| Sortino Ratio | 1.61 | 2.27 |
| Omega Ratio | 1.19 | 1.30 |
| Calmar Ratio | 0.52 | 2.19 |
| Martin Ratio | 2.05 | 7.89 |
| Ulcer Index | 21.41% | 3.77% |
| Daily Std Dev | 94.51% | 17.66% |
| Max Drawdown | -91.34% | -82.90% |
| Current Drawdown | -77.22% | -2.74% |
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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.
Risk-Adjusted Performance
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 16.34% compared to NASDAQ 100 (^NDX) at 5.63%. 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.