HUB.AX vs. ^NDX

Last updated Apr 1, 2026

Compare and contrast key facts about HUB24 Limited (HUB.AX) and NASDAQ 100 Index (^NDX).

Performance

HUB.AX vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in HUB24 Limited (HUB.AX) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

HUB.AX vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HUB.AX HUB24 Limited	-14.22%	39.20%	94.97%	36.81%	-5.29%	33.10%	92.58%	-5.73%	24.46%	84.04%
^NDX NASDAQ 100 Index	-9.21%	11.44%	37.45%	53.92%	-28.54%	34.05%	34.62%	38.61%	9.57%	21.50%

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 -14.22% return, which is significantly lower than ^NDX's -9.21% return. Over the past 10 years, HUB.AX has outperformed ^NDX with an annualized return of 36.10%, while ^NDX has yielded a comparatively lower 19.26% annualized return.

HUB.AX

• 1D: 2.99%
• 1M: -15.58%
• YTD: -14.22%
• 6M: -18.06%
• 1Y: 21.40%
• 3Y*: 45.14%
• 5Y*: 32.00%
• 10Y*: 36.10%

^NDX

• 1D: 2.50%
• 1M: -2.06%
• YTD: -9.21%
• 6M: -7.97%
• 1Y: 11.30%
• 3Y*: 20.33%
• 5Y*: 14.44%
• 10Y*: 19.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HUB.AX vs. ^NDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HUB.AX

HUB.AX Risk / Return Rank: 57
HUB.AX Sharpe Ratio Rank: 59
HUB.AX Sortino Ratio Rank: 55
HUB.AX Omega Ratio Rank: 55
HUB.AX Calmar Ratio Rank: 57
HUB.AX Martin Ratio Rank: 58

^NDX

^NDX Risk / Return Rank: 80
^NDX Sharpe Ratio Rank: 75
^NDX Sortino Ratio Rank: 82
^NDX Omega Ratio Rank: 80
^NDX Calmar Ratio Rank: 80
^NDX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 ratio Return per unit of total volatility	0.47	0.57	-0.10
Sortino ratio Return per unit of downside risk	0.96	0.93	+0.03
Omega ratio Gain probability vs. loss probability	1.13	1.13	0.00
Calmar ratio Return relative to maximum drawdown	0.63	0.77	-0.14
Martin ratio Return relative to average drawdown	1.58	2.16	-0.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUB.AX vs. ^NDX - Sharpe Ratio Comparison

The current HUB.AX Sharpe Ratio is 0.47, which is comparable to the ^NDX Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of HUB.AX and ^NDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HUB.AX	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	0.57	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.73	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	0.94	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.78	-0.78

Correlation

The correlation between HUB.AX and ^NDX is 0.04, 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.

Drawdowns

HUB.AX vs. ^NDX - Drawdown Comparison

The maximum HUB.AX drawdown since its inception was -99.97%, which is greater than ^NDX's maximum drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for HUB.AX and ^NDX.

Drawdown Indicators

	HUB.AX	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-99.97%	-82.90%	-17.07%
Max Drawdown (1Y) Largest decline over 1 year	-35.43%	-12.72%	-22.71%
Max Drawdown (5Y) Largest decline over 5 years	-46.04%	-35.56%	-10.48%
Max Drawdown (10Y) Largest decline over 10 years	-58.17%	-35.56%	-22.61%
Current Drawdown Current decline from peak	-30.38%	-9.11%	-21.27%
Average Drawdown Average peak-to-trough decline	-44.52%	-24.72%	-19.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.98%	3.45%	+10.53%

Volatility

HUB.AX vs. ^NDX - Volatility Comparison

HUB24 Limited (HUB.AX) has a higher volatility of 12.35% compared to NASDAQ 100 Index (^NDX) at 5.06%. This indicates that HUB.AX'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.

Volatility by Period

	HUB.AX	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.35%	5.06%	+7.29%
Volatility (6M) Calculated over the trailing 6-month period	36.45%	10.55%	+25.90%
Volatility (1Y) Calculated over the trailing 1-year period	45.67%	20.04%	+25.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.01%	19.93%	+19.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.23%	20.66%	+21.57%