LR.PA vs. ^NDX

Last updated Jul 21, 2026

LR.PA (Legrand SA) is a stock, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, LR.PA returned 12.71%/yr vs 19.41%/yr for ^NDX. At a 0.32 correlation, their price movements are largely independent.

Performance

LR.PA vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Legrand SA (LR.PA) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, LR.PA achieves a 7.89% return, which is significantly lower than ^NDX's 16.57% return. Over the past 10 years, LR.PA has underperformed ^NDX with an annualized return of 12.71%, while ^NDX has yielded a comparatively higher 19.41% annualized return.

LR.PA

• 1D: -0.22%
• 1M: -10.83%
• 6M: 9.62%
• YTD: 7.89%
• 1Y: 10.06%
• 3Y*: 16.49%
• 5Y*: 10.06%
• 10Y*: 12.71%
• ALL TIME*: 12.33%

^NDX

• 1D: 0.25%
• 1M: -5.54%
• 6M: 13.85%
• YTD: 16.57%
• 1Y: 26.27%
• 3Y*: 21.81%
• 5Y*: 14.77%
• 10Y*: 19.41%
• ALL TIME*: 16.08%

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

LR.PA vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LR.PA Legrand SA	7.89%	38.10%	2.03%	28.50%	-25.80%	43.28%	2.74%	50.70%	-21.67%	20.53%
^NDX NASDAQ 100 Index	16.57%	5.91%	33.12%	49.19%	-28.81%	36.10%	35.42%	41.08%	3.61%	15.35%

Correlation

The correlation between LR.PA and ^NDX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Oct 19, 2007	0.32

Return for Risk

LR.PA vs. ^NDX — Risk / Return Rank

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

LR.PA

LR.PA Risk / Return Rank: 55
LR.PA Sharpe Ratio Rank: 58
LR.PA Sortino Ratio Rank: 50
LR.PA Omega Ratio Rank: 51
LR.PA Calmar Ratio Rank: 59
LR.PA Martin Ratio Rank: 58

^NDX

^NDX Risk / Return Rank: 51
^NDX Sharpe Ratio Rank: 46
^NDX Sortino Ratio Rank: 44
^NDX Omega Ratio Rank: 47
^NDX Calmar Ratio Rank: 60
^NDX Martin Ratio Rank: 59

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.

LR.PA vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Legrand SA (LR.PA) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LR.PA	^NDX	Difference
Sharpe ratio: Return per unit of total volatility	0.34	1.43	-1.09
Sortino ratio: Return per unit of downside risk	0.65	1.92	-1.27
Omega ratio: Gain probability vs. loss probability	1.09	1.25	-0.16
Calmar ratio: Return relative to maximum drawdown	0.56	2.36	-1.80
Martin ratio: Return relative to average drawdown	1.09	7.04	-5.96

LR.PA vs. ^NDX - Sharpe Ratio Comparison

The current LR.PA Sharpe Ratio is 0.34, which is lower than the ^NDX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of LR.PA and ^NDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LR.PA vs. ^NDX - Drawdown Comparison

The maximum LR.PA drawdown since its inception was -58.23%, which is greater than ^NDX's maximum drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for LR.PA and ^NDX.

Drawdown Indicators

	LR.PA	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-58.23%	-46.44%	-11.79%
Max Drawdown (1Y) Largest decline over 1 year	-17.71%	-11.19%	-6.52%
Max Drawdown (3Y) Largest decline over 3 years	-20.52%	-27.30%	+6.78%
Max Drawdown (5Y) Largest decline over 5 years	-36.14%	-31.53%	-4.61%
Max Drawdown (10Y) Largest decline over 10 years	-36.14%	-31.53%	-4.61%
Current Drawdown Current decline from peak	-14.24%	-5.66%	-8.58%
Average Drawdown Average peak-to-trough decline	-11.09%	-8.01%	-3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.18%	3.74%	+5.44%

Volatility

LR.PA vs. ^NDX - Volatility Comparison

Legrand SA (LR.PA) has a higher volatility of 7.81% compared to NASDAQ 100 Index (^NDX) at 6.83%. This indicates that LR.PA'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

	LR.PA	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.81%	6.83%	+0.98%
Volatility (6M) Calculated over the trailing 6-month period	22.87%	14.33%	+8.54%
Volatility (1Y) Calculated over the trailing 1-year period	29.30%	18.48%	+10.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.13%	22.58%	+2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.87%	22.99%	+0.88%

Frequently Asked Questions

Can I hold both LR.PA and ^NDX in my portfolio?

LR.PA and ^NDX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.