HESAY vs. ^NDX
Compare and contrast key facts about Hermes International SA (HESAY) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HESAY or ^NDX.
Correlation
The correlation between HESAY and ^NDX is 0.31, 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
HESAY vs. ^NDX - Performance Comparison
Key characteristics
HESAY:
0.40
^NDX:
0.44
HESAY:
0.83
^NDX:
0.77
HESAY:
1.11
^NDX:
1.11
HESAY:
0.59
^NDX:
0.47
HESAY:
1.45
^NDX:
1.56
HESAY:
8.86%
^NDX:
6.99%
HESAY:
29.29%
^NDX:
25.24%
HESAY:
-45.94%
^NDX:
-82.90%
HESAY:
-7.24%
^NDX:
-9.52%
Returns By Period
In the year-to-date period, HESAY achieves a 15.09% return, which is significantly higher than ^NDX's -4.51% return. Over the past 10 years, HESAY has outperformed ^NDX with an annualized return of 23.80%, while ^NDX has yielded a comparatively lower 16.32% annualized return.
HESAY
15.09%
13.08%
18.66%
11.68%
31.09%
23.80%
^NDX
-4.51%
17.40%
-4.92%
10.94%
16.88%
16.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
HESAY vs. ^NDX — Risk-Adjusted Performance Rank
HESAY
^NDX
HESAY vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hermes International SA (HESAY) 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
HESAY vs. ^NDX - Drawdown Comparison
The maximum HESAY drawdown since its inception was -45.94%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for HESAY and ^NDX. For additional features, visit the drawdowns tool.
Volatility
HESAY vs. ^NDX - Volatility Comparison
The current volatility for Hermes International SA (HESAY) is 7.48%, while NASDAQ 100 (^NDX) has a volatility of 13.81%. This indicates that HESAY 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.