ES=F vs. NQ=F
Compare and contrast key facts about S&P 500 E-Mini Futures (ES=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: ES=F or NQ=F.
Correlation
The correlation between ES=F and NQ=F is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ES=F vs. NQ=F - Performance Comparison
Key characteristics
ES=F:
1.56
NQ=F:
1.14
ES=F:
2.15
NQ=F:
1.64
ES=F:
1.30
NQ=F:
1.22
ES=F:
2.24
NQ=F:
1.48
ES=F:
8.45
NQ=F:
4.89
ES=F:
2.31%
NQ=F:
4.24%
ES=F:
12.38%
NQ=F:
18.01%
ES=F:
-57.11%
NQ=F:
-35.28%
ES=F:
-1.96%
NQ=F:
-2.36%
Returns By Period
The year-to-date returns for both investments are quite close, with ES=F having a 1.65% return and NQ=F slightly higher at 1.71%. Over the past 10 years, ES=F has underperformed NQ=F with an annualized return of 10.69%, while NQ=F has yielded a comparatively higher 17.64% annualized return.
ES=F
1.65%
1.68%
8.64%
23.90%
11.44%
10.69%
NQ=F
1.71%
1.75%
9.52%
26.18%
18.13%
17.64%
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Risk-Adjusted Performance
ES=F vs. NQ=F — Risk-Adjusted Performance Rank
ES=F
NQ=F
ES=F vs. NQ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 E-Mini Futures (ES=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
ES=F vs. NQ=F - Drawdown Comparison
The maximum ES=F drawdown since its inception was -57.11%, 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 ES=F and NQ=F. For additional features, visit the drawdowns tool.
Volatility
ES=F vs. NQ=F - Volatility Comparison
The current volatility for S&P 500 E-Mini Futures (ES=F) is 3.73%, while E-Mini Nasdaq 100 Futures (NQ=F) has a volatility of 6.25%. This indicates that ES=F 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.