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 0.17, 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:
1.26
CL=F:
-0.47
NQ=F:
1.76
CL=F:
0.94
NQ=F:
1.24
CL=F:
-0.22
NQ=F:
1.62
CL=F:
-0.84
NQ=F:
5.35
CL=F:
14.66%
NQ=F:
4.26%
CL=F:
26.67%
NQ=F:
18.01%
CL=F:
-93.11%
NQ=F:
-35.28%
CL=F:
-51.31%
NQ=F:
0.00%
Returns By Period
In the year-to-date period, CL=F achieves a -0.72% return, which is significantly lower than NQ=F's 4.57% return. Over the past 10 years, CL=F has underperformed NQ=F with an annualized return of 2.48%, while NQ=F has yielded a comparatively higher 17.37% annualized return.
CL=F
-0.72%
-10.13%
-7.71%
-9.34%
5.54%
2.48%
NQ=F
4.57%
3.72%
13.21%
23.91%
17.64%
17.37%
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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
Crude Oil WTI (CL=F) has a higher volatility of 5.17% compared to E-Mini Nasdaq 100 Futures (NQ=F) at 4.76%. 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.