HUB.AX vs. ^NDX
HUB.AX (HUB24 Limited) is a stock, while ^NDX (NASDAQ 100 Index) is an index. At a 0.04 correlation, their price movements are largely independent.
Performance
HUB.AX vs. ^NDX - Performance Comparison
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Different Trading Currencies
HUB.AX is traded in AUD, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HUB.AX achieves a -12.57% return, which is significantly lower than ^NDX's 8.60% return.
HUB.AX
- 1D
- -0.13%
- 1M
- 3.34%
- YTD
- -12.57%
- 6M
- -15.81%
- 1Y
- 0.28%
- 3Y*
- 50.77%
- 5Y*
- 25.88%
- 10Y*
- 37.03%
^NDX
- 1D
- -3.60%
- 1M
- 4.01%
- YTD
- 8.60%
- 6M
- 6.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HUB.AX vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HUB.AX HUB24 Limited | -12.57% | 14.94% |
^NDX NASDAQ 100 Index | 8.60% | 12.89% |
Correlation
The correlation between HUB.AX and ^NDX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025 | 0.04 |
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Return for Risk
HUB.AX vs. ^NDX — Risk / Return Rank
HUB.AX
^NDX
HUB.AX vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HUB24 Limited (HUB.AX) 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.
| HUB.AX | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.04 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | — | — |
| Martin ratioReturn relative to average drawdown | -0.05 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HUB.AX | ^NDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 1.61 | -1.42 |
Drawdowns
HUB.AX vs. ^NDX - Drawdown Comparison
The maximum HUB.AX drawdown since its inception was -96.83%, which is greater than ^NDX's maximum drawdown of -15.66%. Use the drawdown chart below to compare losses from any high point for HUB.AX and ^NDX.
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Drawdown Indicators
| HUB.AX | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.83% | -15.66% | -81.17% |
Max Drawdown (1Y)Largest decline over 1 year | -35.43% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -35.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -46.04% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -58.17% | — | — |
Current DrawdownCurrent decline from peak | -29.04% | -4.17% | -24.87% |
Average DrawdownAverage peak-to-trough decline | -44.34% | -3.90% | -40.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.38% | — | — |
Volatility
HUB.AX vs. ^NDX - Volatility Comparison
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Volatility by Period
| HUB.AX | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.90% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 35.59% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 45.47% | 14.17% | +31.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.22% | 14.17% | +25.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.31% | 14.17% | +28.14% |
Frequently Asked Questions
HUB.AX and ^NDX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for HUB.AX and ^NDX
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