BMW3.DE vs. ^NDX
Compare and contrast key facts about Bayerische Motoren Werke Aktiengesellschaft (BMW3.DE) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMW3.DE or ^NDX.
Key characteristics
| BMW3.DE | ^NDX | |
|---|---|---|
| YTD Return | 8.57% | 10.29% |
| 1Y Return | 3.29% | 36.56% |
| 3Y Return (Ann) | 17.49% | 11.72% |
| 5Y Return (Ann) | 16.90% | 19.89% |
| 10Y Return (Ann) | 8.72% | 17.80% |
| Sharpe Ratio | -0.02 | 2.32 |
| Daily Std Dev | 20.75% | 16.49% |
| Max Drawdown | -75.50% | -82.90% |
| Current Drawdown | -7.34% | -0.21% |
Correlation
The correlation between BMW3.DE and ^NDX is 0.23, 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
BMW3.DE vs. ^NDX - Performance Comparison
In the year-to-date period, BMW3.DE achieves a 8.57% return, which is significantly lower than ^NDX's 10.29% return. Over the past 10 years, BMW3.DE has underperformed ^NDX with an annualized return of 8.72%, while ^NDX has yielded a comparatively higher 17.80% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BMW3.DE vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bayerische Motoren Werke Aktiengesellschaft (BMW3.DE) 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
BMW3.DE vs. ^NDX - Drawdown Comparison
The maximum BMW3.DE drawdown since its inception was -75.50%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for BMW3.DE and ^NDX. For additional features, visit the drawdowns tool.
Volatility
BMW3.DE vs. ^NDX - Volatility Comparison
Bayerische Motoren Werke Aktiengesellschaft (BMW3.DE) has a higher volatility of 6.91% compared to NASDAQ 100 (^NDX) at 4.95%. This indicates that BMW3.DE'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.