BLTE vs. ^NDX

Last updated Apr 1, 2026

Compare and contrast key facts about Belite Bio Inc ADR (BLTE) and NASDAQ 100 Index (^NDX).

Performance

BLTE vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Belite Bio Inc ADR (BLTE) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

BLTE vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BLTE Belite Bio Inc ADR	-0.33%	153.50%	37.92%	51.77%	184.66%
^NDX NASDAQ 100 Index	-5.98%	20.17%	24.88%	53.81%	-14.90%

Returns By Period

In the year-to-date period, BLTE achieves a -0.33% return, which is significantly higher than ^NDX's -5.98% return.

BLTE

• 1D: 6.88%
• 1M: -16.22%
• YTD: -0.33%
• 6M: 115.46%
• 1Y: 140.77%
• 3Y*: 74.71%
• 5Y*: —
• 10Y*: —

^NDX

• 1D: 3.43%
• 1M: -4.89%
• YTD: -5.98%
• 6M: -3.81%
• 1Y: 23.14%
• 3Y*: 21.67%
• 5Y*: 12.24%
• 10Y*: 18.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BLTE vs. ^NDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLTE

BLTE Risk / Return Rank: 94
BLTE Sharpe Ratio Rank: 95
BLTE Sortino Ratio Rank: 93
BLTE Omega Ratio Rank: 90
BLTE Calmar Ratio Rank: 96
BLTE Martin Ratio Rank: 96

^NDX

^NDX Risk / Return Rank: 80
^NDX Sharpe Ratio Rank: 75
^NDX Sortino Ratio Rank: 82
^NDX Omega Ratio Rank: 80
^NDX Calmar Ratio Rank: 80
^NDX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLTE vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Belite Bio Inc ADR (BLTE) 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.

	BLTE	^NDX	Difference
Sharpe ratio Return per unit of total volatility	2.66	1.02	+1.63
Sortino ratio Return per unit of downside risk	3.19	1.60	+1.60
Omega ratio Gain probability vs. loss probability	1.40	1.23	+0.17
Calmar ratio Return relative to maximum drawdown	6.43	1.82	+4.62
Martin ratio Return relative to average drawdown	17.29	6.70	+10.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLTE vs. ^NDX - Sharpe Ratio Comparison

The current BLTE Sharpe Ratio is 2.66, which is higher than the ^NDX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of BLTE and ^NDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BLTE	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	1.02	+1.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.38	0.55	+0.83

Correlation

The correlation between BLTE and ^NDX is 0.12, 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.

Drawdowns

BLTE vs. ^NDX - Drawdown Comparison

The maximum BLTE drawdown since its inception was -74.59%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for BLTE and ^NDX.

Drawdown Indicators

	BLTE	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-74.59%	-82.90%	+8.31%
Max Drawdown (1Y) Largest decline over 1 year	-21.61%	-12.72%	-8.89%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.56%	—
Current Drawdown Current decline from peak	-16.22%	-9.11%	-7.11%
Average Drawdown Average peak-to-trough decline	-19.78%	-24.72%	+4.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.04%	3.45%	+4.59%

Volatility

BLTE vs. ^NDX - Volatility Comparison

Belite Bio Inc ADR (BLTE) has a higher volatility of 14.49% compared to NASDAQ 100 Index (^NDX) at 6.57%. This indicates that BLTE'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.

Volatility by Period

	BLTE	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.49%	6.57%	+7.92%
Volatility (6M) Calculated over the trailing 6-month period	40.09%	12.88%	+27.21%
Volatility (1Y) Calculated over the trailing 1-year period	53.33%	22.75%	+30.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.05%	22.62%	+50.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.05%	22.48%	+50.57%