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:
-0.45
NQ=F:
1.40
CL=F:
-0.47
NQ=F:
1.91
CL=F:
0.94
NQ=F:
1.26
CL=F:
-0.23
NQ=F:
1.75
CL=F:
-0.96
NQ=F:
5.95
CL=F:
13.07%
NQ=F:
4.14%
CL=F:
27.61%
NQ=F:
17.37%
CL=F:
-93.11%
NQ=F:
-35.28%
CL=F:
-52.53%
NQ=F:
-4.91%
Returns By Period
In the year-to-date period, CL=F achieves a -3.74% return, which is significantly lower than NQ=F's 23.50% return. Over the past 10 years, CL=F has underperformed NQ=F with an annualized return of 1.97%, while NQ=F has yielded a comparatively higher 17.00% annualized return.
CL=F
-3.74%
-0.61%
-16.06%
-7.07%
2.36%
1.97%
NQ=F
23.50%
1.24%
6.38%
25.40%
18.75%
17.00%
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Risk-Adjusted Performance
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
Crude Oil WTI (CL=F) has a higher volatility of 6.73% compared to E-Mini Nasdaq 100 Futures (NQ=F) at 5.22%. This indicates that CL=F's price experiences larger fluctuations and is considered to be riskier than NQ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.