EMRGX vs. ^NDX
Compare and contrast key facts about Emerging Markets Growth Fund, Inc. (EMRGX) and NASDAQ 100 (^NDX).
EMRGX is managed by T. Rowe Price. It was launched on May 29, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMRGX or ^NDX.
Correlation
The correlation between EMRGX and ^NDX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EMRGX vs. ^NDX - Performance Comparison
Key characteristics
EMRGX:
0.86
^NDX:
1.33
EMRGX:
1.28
^NDX:
1.81
EMRGX:
1.16
^NDX:
1.24
EMRGX:
0.30
^NDX:
1.80
EMRGX:
2.23
^NDX:
6.17
EMRGX:
5.06%
^NDX:
3.97%
EMRGX:
13.17%
^NDX:
18.51%
EMRGX:
-48.09%
^NDX:
-82.90%
EMRGX:
-29.03%
^NDX:
0.00%
Returns By Period
In the year-to-date period, EMRGX achieves a 5.98% return, which is significantly higher than ^NDX's 5.48% return. Over the past 10 years, EMRGX has underperformed ^NDX with an annualized return of 1.61%, while ^NDX has yielded a comparatively higher 17.49% annualized return.
EMRGX
5.98%
5.82%
3.43%
9.90%
-1.84%
1.61%
^NDX
5.48%
3.37%
12.40%
25.32%
18.23%
17.49%
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Risk-Adjusted Performance
EMRGX vs. ^NDX — Risk-Adjusted Performance Rank
EMRGX
^NDX
EMRGX vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Emerging Markets Growth Fund, Inc. (EMRGX) 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
EMRGX vs. ^NDX - Drawdown Comparison
The maximum EMRGX drawdown since its inception was -48.09%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for EMRGX and ^NDX. For additional features, visit the drawdowns tool.
Volatility
EMRGX vs. ^NDX - Volatility Comparison
The current volatility for Emerging Markets Growth Fund, Inc. (EMRGX) is 3.06%, while NASDAQ 100 (^NDX) has a volatility of 5.04%. This indicates that EMRGX experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.