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:
0.43
^NDX:
0.53
HESAY:
0.83
^NDX:
0.81
HESAY:
1.10
^NDX:
1.11
HESAY:
0.62
^NDX:
0.74
HESAY:
1.20
^NDX:
2.41
HESAY:
10.10%
^NDX:
4.16%
HESAY:
27.87%
^NDX:
18.94%
HESAY:
-45.94%
^NDX:
-82.90%
HESAY:
-7.47%
^NDX:
-9.57%
Returns By Period
In the year-to-date period, HESAY achieves a 16.03% return, which is significantly higher than ^NDX's -4.57% return. Over the past 10 years, HESAY has outperformed ^NDX with an annualized return of 26.00%, while ^NDX has yielded a comparatively lower 16.39% annualized return.
HESAY
16.03%
-1.60%
28.59%
13.03%
32.21%
26.00%
^NDX
-4.57%
-7.02%
5.93%
11.29%
18.71%
16.39%
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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
Hermes International SA (HESAY) has a higher volatility of 8.34% compared to NASDAQ 100 (^NDX) at 6.23%. 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.