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:
-0.01
^NDX:
1.20
ITH.L:
0.28
^NDX:
1.67
ITH.L:
1.04
^NDX:
1.22
ITH.L:
-0.01
^NDX:
1.64
ITH.L:
-0.02
^NDX:
5.62
ITH.L:
19.18%
^NDX:
3.97%
ITH.L:
43.09%
^NDX:
18.55%
ITH.L:
-58.93%
^NDX:
-82.90%
ITH.L:
-45.21%
^NDX:
-2.74%
Returns By Period
In the year-to-date period, ITH.L achieves a 16.12% return, which is significantly higher than ^NDX's 2.28% return.
ITH.L
16.12%
1.10%
4.41%
-2.47%
N/A
N/A
^NDX
2.28%
1.47%
16.09%
20.85%
18.03%
17.55%
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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 9.66% compared to NASDAQ 100 (^NDX) at 5.59%. 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.