ITH.L vs. ^NDX

Last updated Jun 5, 2026

ITH.L (Ithaca Energy plc) is a stock, while ^NDX (NASDAQ 100 Index) is an index. At a correlation of -0.13, they often move in opposite directions.

Performance

ITH.L vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Ithaca Energy plc (ITH.L) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ITH.L is traded in GBp, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, ITH.L achieves a 47.96% return, which is significantly higher than ^NDX's 15.84% return.

ITH.L

• 1D: 0.25%
• 1M: -6.49%
• YTD: 47.96%
• 6M: 42.14%
• 1Y: 81.31%
• 3Y*: 35.69%
• 5Y*: —
• 10Y*: —

^NDX

• 1D: -4.17%
• 1M: 3.17%
• YTD: 15.84%
• 6M: 12.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITH.L vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025
ITH.L Ithaca Energy plc	47.96%	21.70%
^NDX NASDAQ 100 Index	15.84%	16.48%

Correlation

The correlation between ITH.L and ^NDX is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	-0.13

Return for Risk

ITH.L vs. ^NDX — Risk / Return Rank

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

ITH.L

ITH.L Risk / Return Rank: 80
ITH.L Sharpe Ratio Rank: 85
ITH.L Sortino Ratio Rank: 78
ITH.L Omega Ratio Rank: 80
ITH.L Calmar Ratio Rank: 79
ITH.L Martin Ratio Rank: 77

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.

ITH.L vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ithaca Energy plc (ITH.L) 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.

	ITH.L	^NDX	Difference
Sharpe ratio: Return per unit of total volatility	1.77	—	—
Sortino ratio: Return per unit of downside risk	2.15	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.54	—	—
Martin ratio: Return relative to average drawdown	5.51	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ITH.L	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	2.21	-1.82

Drawdowns

ITH.L vs. ^NDX - Drawdown Comparison

The maximum ITH.L drawdown since its inception was -46.25%, which is greater than ^NDX's maximum drawdown of -12.05%. Use the drawdown chart below to compare losses from any high point for ITH.L and ^NDX.

Drawdown Indicators

	ITH.L	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-46.25%	-12.05%	-34.20%
Max Drawdown (1Y) Largest decline over 1 year	-33.11%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-40.23%	—	—
Current Drawdown Current decline from peak	-17.23%	-4.71%	-12.52%
Average Drawdown Average peak-to-trough decline	-23.36%	-2.77%	-20.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.31%	—	—

Volatility

Volatility by Period

	ITH.L	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	47.46%	16.00%	+31.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.65%	16.00%	+26.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.65%	16.00%	+26.65%

Frequently Asked Questions

Can I hold both ITH.L and ^NDX in my portfolio?

ITH.L and ^NDX have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.