ES vs. NQ=F
Compare and contrast key facts about Eversource Energy (ES) 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: ES or NQ=F.
Correlation
The correlation between ES and NQ=F is 0.25, 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
ES vs. NQ=F - Performance Comparison
Key characteristics
ES:
0.20
NQ=F:
-0.19
ES:
0.43
NQ=F:
-0.10
ES:
1.05
NQ=F:
0.99
ES:
0.13
NQ=F:
-0.16
ES:
0.60
NQ=F:
-0.71
ES:
7.75%
NQ=F:
5.73%
ES:
22.67%
NQ=F:
21.57%
ES:
-65.47%
NQ=F:
-35.28%
ES:
-30.46%
NQ=F:
-24.80%
Returns By Period
In the year-to-date period, ES achieves a 2.81% return, which is significantly higher than NQ=F's -21.17% return. Over the past 10 years, ES has underperformed NQ=F with an annualized return of 5.03%, while NQ=F has yielded a comparatively higher 14.10% annualized return.
ES
2.81%
-4.33%
-8.57%
4.49%
-2.69%
5.03%
NQ=F
-21.17%
-17.29%
-17.28%
-8.57%
15.41%
14.10%
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Risk-Adjusted Performance
ES vs. NQ=F — Risk-Adjusted Performance Rank
ES
NQ=F
ES vs. NQ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eversource Energy (ES) 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
ES vs. NQ=F - Drawdown Comparison
The maximum ES drawdown since its inception was -65.47%, 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 ES and NQ=F. For additional features, visit the drawdowns tool.
Volatility
ES vs. NQ=F - Volatility Comparison
The current volatility for Eversource Energy (ES) is 8.56%, while E-Mini Nasdaq 100 Futures (NQ=F) has a volatility of 12.24%. This indicates that ES 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.