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:
0.71
NQ=F:
0.96
ES:
1.11
NQ=F:
1.38
ES:
1.14
NQ=F:
1.19
ES:
0.43
NQ=F:
1.23
ES:
2.13
NQ=F:
4.07
ES:
7.28%
NQ=F:
4.26%
ES:
21.84%
NQ=F:
18.08%
ES:
-65.47%
NQ=F:
-35.28%
ES:
-25.37%
NQ=F:
-2.57%
Returns By Period
In the year-to-date period, ES achieves a 10.34% return, which is significantly higher than NQ=F's 2.13% return. Over the past 10 years, ES has underperformed NQ=F with an annualized return of 5.31%, while NQ=F has yielded a comparatively higher 16.96% annualized return.
ES
10.34%
12.70%
-2.90%
12.84%
-4.62%
5.31%
NQ=F
2.13%
-1.63%
9.54%
20.50%
18.43%
16.96%
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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
Eversource Energy (ES) has a higher volatility of 7.42% compared to E-Mini Nasdaq 100 Futures (NQ=F) at 5.08%. This indicates that ES'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.