ITH.L vs. ^NDX
Compare and contrast key facts about Ithaca Energy plc (ITH.L) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ITH.L or ^NDX.
Correlation
The correlation between ITH.L and ^NDX is 0.17, 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
ITH.L vs. ^NDX - Performance Comparison
Key characteristics
ITH.L:
0.14
^NDX:
1.25
ITH.L:
0.48
^NDX:
1.72
ITH.L:
1.07
^NDX:
1.23
ITH.L:
0.10
^NDX:
1.71
ITH.L:
0.31
^NDX:
5.85
ITH.L:
19.25%
^NDX:
3.97%
ITH.L:
43.94%
^NDX:
18.58%
ITH.L:
-58.93%
^NDX:
-82.90%
ITH.L:
-40.08%
^NDX:
-2.53%
Returns By Period
In the year-to-date period, ITH.L achieves a 26.99% return, which is significantly higher than ^NDX's 2.86% return.
ITH.L
26.99%
3.85%
10.07%
2.76%
N/A
N/A
^NDX
2.86%
-1.09%
9.60%
20.05%
18.05%
17.16%
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Risk-Adjusted Performance
ITH.L vs. ^NDX — Risk-Adjusted Performance Rank
ITH.L
^NDX
ITH.L vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ithaca Energy plc (ITH.L) 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
ITH.L vs. ^NDX - Drawdown Comparison
The maximum ITH.L drawdown since its inception was -58.93%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ITH.L and ^NDX. For additional features, visit the drawdowns tool.
Volatility
ITH.L vs. ^NDX - Volatility Comparison
Ithaca Energy plc (ITH.L) has a higher volatility of 11.76% compared to NASDAQ 100 (^NDX) at 5.12%. This indicates that ITH.L'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.