FSUGY vs. ^NDX

Last updated Jun 3, 2026

FSUGY (Fortescue Metals Group Ltd ADR) is a stock, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, FSUGY returned 35.00%/yr vs 21.13%/yr for ^NDX. At a 0.34 correlation, their price movements are largely independent.

Performance

FSUGY vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fortescue Metals Group Ltd ADR (FSUGY) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSUGY achieves a 14.91% return, which is significantly lower than ^NDX's 21.43% return. Over the past 10 years, FSUGY has outperformed ^NDX with an annualized return of 35.00%, while ^NDX has yielded a comparatively lower 21.13% annualized return.

FSUGY

• 1D: 0.65%
• 1M: 12.86%
• YTD: 14.91%
• 6M: 16.51%
• 1Y: 75.24%
• 3Y*: 15.67%
• 5Y*: 8.53%
• 10Y*: 35.00%

^NDX

• 1D: 0.48%
• 1M: 10.65%
• YTD: 21.43%
• 6M: 19.97%
• 1Y: 42.66%
• 3Y*: 28.22%
• 5Y*: 17.78%
• 10Y*: 21.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSUGY vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSUGY Fortescue Metals Group Ltd ADR	14.91%	37.39%	-36.78%	53.11%	11.98%	-7.52%	175.17%	190.11%	-18.44%	0.71%
^NDX NASDAQ 100 Index	21.43%	20.17%	24.88%	53.81%	-32.97%	26.63%	47.58%	37.96%	-1.04%	31.52%

Correlation

The correlation between FSUGY and ^NDX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Apr 2, 2009	0.34

Return for Risk

FSUGY vs. ^NDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSUGY

FSUGY Risk / Return Rank: 89
FSUGY Sharpe Ratio Rank: 90
FSUGY Sortino Ratio Rank: 85
FSUGY Omega Ratio Rank: 84
FSUGY Calmar Ratio Rank: 91
FSUGY Martin Ratio Rank: 92

^NDX

^NDX Risk / Return Rank: 85
^NDX Sharpe Ratio Rank: 85
^NDX Sortino Ratio Rank: 85
^NDX Omega Ratio Rank: 84
^NDX Calmar Ratio Rank: 87
^NDX Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSUGY vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortescue Metals Group Ltd ADR (FSUGY) and NASDAQ 100 Index (^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.

	FSUGY	^NDX	Difference
Sharpe ratio Return per unit of total volatility	2.36	2.67	-0.31
Sortino ratio Return per unit of downside risk	2.80	3.47	-0.67
Omega ratio Gain probability vs. loss probability	1.36	1.45	-0.10
Calmar ratio Return relative to maximum drawdown	5.06	3.60	+1.45
Martin ratio Return relative to average drawdown	14.98	13.80	+1.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSUGY vs. ^NDX - Sharpe Ratio Comparison

The current FSUGY Sharpe Ratio is 2.36, which is comparable to the ^NDX Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of FSUGY and ^NDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FSUGY	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	2.67	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.79	-0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	0.94	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.57	-0.36

Drawdowns

FSUGY vs. ^NDX - Drawdown Comparison

The maximum FSUGY drawdown since its inception was -93.91%, which is greater than ^NDX's maximum drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for FSUGY and ^NDX.

Drawdown Indicators

	FSUGY	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-93.91%	-82.90%	-11.01%
Max Drawdown (1Y) Largest decline over 1 year	-14.57%	-12.12%	-2.45%
Max Drawdown (3Y) Largest decline over 3 years	-51.32%	-22.93%	-28.39%
Max Drawdown (5Y) Largest decline over 5 years	-51.32%	-35.56%	-15.76%
Max Drawdown (10Y) Largest decline over 10 years	-51.32%	-35.56%	-15.76%
Current Drawdown Current decline from peak	-2.53%	0.00%	-2.53%
Average Drawdown Average peak-to-trough decline	-43.32%	-24.62%	-18.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.92%	3.17%	+1.75%

Volatility

FSUGY vs. ^NDX - Volatility Comparison

Fortescue Metals Group Ltd ADR (FSUGY) has a higher volatility of 9.63% compared to NASDAQ 100 Index (^NDX) at 4.51%. This indicates that FSUGY's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSUGY	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.63%	4.51%	+5.12%
Volatility (6M) Calculated over the trailing 6-month period	24.95%	12.18%	+12.77%
Volatility (1Y) Calculated over the trailing 1-year period	32.07%	16.09%	+15.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.20%	22.60%	+15.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.38%	22.53%	+19.85%

Frequently Asked Questions

Can I hold both FSUGY and ^NDX in my portfolio?

FSUGY and ^NDX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSUGY or ^NDX?

FSUGY has higher volatility (9.63%) compared to ^NDX (4.51%). In terms of maximum drawdown, FSUGY dropped -93.91% vs ^NDX's -82.90%.

Which has better risk-adjusted returns?

^NDX currently has the higher Sharpe Ratio (2.67 vs 2.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.