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 0.29, 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:
0.37
^NDX:
1.58
HESAY:
0.75
^NDX:
2.12
HESAY:
1.09
^NDX:
1.29
HESAY:
0.52
^NDX:
2.11
HESAY:
1.01
^NDX:
7.52
HESAY:
10.14%
^NDX:
3.80%
HESAY:
27.85%
^NDX:
18.07%
HESAY:
-45.94%
^NDX:
-82.90%
HESAY:
-7.82%
^NDX:
-3.65%
Returns By Period
In the year-to-date period, HESAY achieves a 14.04% return, which is significantly lower than ^NDX's 26.53% return. Over the past 10 years, HESAY has outperformed ^NDX with an annualized return of 22.78%, while ^NDX has yielded a comparatively lower 17.44% annualized return.
HESAY
14.04%
14.00%
3.31%
10.40%
27.36%
22.78%
^NDX
26.53%
3.01%
8.06%
27.04%
19.69%
17.44%
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Risk-Adjusted Performance
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
Hermes International SA (HESAY) has a higher volatility of 7.15% compared to NASDAQ 100 (^NDX) at 5.35%. This indicates that HESAY'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.