CL=F vs. NQ=F
Compare and contrast key facts about Crude Oil WTI (CL=F) and E-Mini Nasdaq 100 Futures (NQ=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CL=F or NQ=F.
Correlation
The correlation between CL=F and NQ=F is 0.18, 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
CL=F vs. NQ=F - Performance Comparison
Key characteristics
CL=F:
-0.53
NQ=F:
0.03
CL=F:
-0.56
NQ=F:
0.22
CL=F:
0.93
NQ=F:
1.03
CL=F:
-0.27
NQ=F:
0.03
CL=F:
-1.09
NQ=F:
0.11
CL=F:
14.59%
NQ=F:
6.41%
CL=F:
29.08%
NQ=F:
24.48%
CL=F:
-93.11%
NQ=F:
-35.28%
CL=F:
-55.48%
NQ=F:
-17.39%
Returns By Period
In the year-to-date period, CL=F achieves a -9.22% return, which is significantly higher than NQ=F's -13.41% return. Over the past 10 years, CL=F has underperformed NQ=F with an annualized return of 1.40%, while NQ=F has yielded a comparatively higher 15.08% annualized return.
CL=F
-9.22%
-3.69%
-6.56%
-21.82%
24.92%
1.40%
NQ=F
-13.41%
-6.92%
-10.27%
4.75%
15.38%
15.08%
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Risk-Adjusted Performance
CL=F vs. NQ=F — Risk-Adjusted Performance Rank
CL=F
NQ=F
CL=F vs. NQ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Crude Oil WTI (CL=F) and E-Mini Nasdaq 100 Futures (NQ=F). 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
CL=F vs. NQ=F - Drawdown Comparison
The maximum CL=F drawdown since its inception was -93.11%, which is greater than NQ=F's maximum drawdown of -35.28%. Use the drawdown chart below to compare losses from any high point for CL=F and NQ=F. For additional features, visit the drawdowns tool.
Volatility
CL=F vs. NQ=F - Volatility Comparison
The current volatility for Crude Oil WTI (CL=F) is 13.79%, while E-Mini Nasdaq 100 Futures (NQ=F) has a volatility of 16.67%. This indicates that CL=F experiences smaller price fluctuations and is considered to be less risky than NQ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.