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.
Key characteristics
| HESAY | ^NDX | |
|---|---|---|
| YTD Return | 1.49% | 15.98% |
| 1Y Return | 7.52% | 26.11% |
| 3Y Return (Ann) | 13.29% | 8.28% |
| 5Y Return (Ann) | 25.52% | 19.88% |
| 10Y Return (Ann) | 22.98% | 17.01% |
| Sharpe Ratio | 0.36 | 1.51 |
| Daily Std Dev | 25.53% | 18.00% |
| Max Drawdown | -45.94% | -82.90% |
| Current Drawdown | -17.96% | -5.61% |
Correlation
The correlation between HESAY and ^NDX is 0.28, 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
In the year-to-date period, HESAY achieves a 1.49% return, which is significantly lower than ^NDX's 15.98% return. Over the past 10 years, HESAY has outperformed ^NDX with an annualized return of 22.98%, while ^NDX has yielded a comparatively lower 17.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 9.20% compared to NASDAQ 100 (^NDX) at 6.65%. 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.