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:
-0.70
^NDX:
0.12
ASPN:
-1.22
^NDX:
0.35
ASPN:
0.86
^NDX:
1.05
ASPN:
-0.71
^NDX:
0.13
ASPN:
-1.38
^NDX:
0.49
ASPN:
47.51%
^NDX:
6.30%
ASPN:
93.70%
^NDX:
25.00%
ASPN:
-92.11%
^NDX:
-82.90%
ASPN:
-91.82%
^NDX:
-17.67%
Returns By Period
In the year-to-date period, ASPN achieves a -56.14% return, which is significantly lower than ^NDX's -13.11% return. Over the past 10 years, ASPN has underperformed ^NDX with an annualized return of -2.92%, while ^NDX has yielded a comparatively higher 15.18% annualized return.
ASPN
-56.14%
-24.82%
-75.88%
-65.17%
-3.18%
-2.92%
^NDX
-13.11%
-7.21%
-10.17%
7.16%
15.97%
15.18%
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 -92.11%, 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 20.94% compared to NASDAQ 100 (^NDX) at 16.16%. 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.