NASDX vs. ^DWRTFT

Last updated Apr 1, 2026

Compare and contrast key facts about Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and Dow Jones U.S. Select REIT Total Return Index (^DWRTFT).

NASDX is a passively managed fund by BlackRock that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 18, 2000.

Performance

NASDX vs. ^DWRTFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and Dow Jones U.S. Select REIT Total Return Index (^DWRTFT). The values are adjusted to include any dividend payments, if applicable.

NASDX vs. ^DWRTFT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	-9.12%	21.00%	36.91%	54.69%	-32.57%	27.32%	48.59%	38.22%	-1.21%	31.27%
^DWRTFT Dow Jones U.S. Select REIT Total Return Index	4.64%	3.67%	8.10%	13.96%	-25.96%	45.91%	-11.20%	23.10%	-4.22%	3.76%

Returns By Period

In the year-to-date period, NASDX achieves a -9.12% return, which is significantly lower than ^DWRTFT's 4.64% return. Over the past 10 years, NASDX has outperformed ^DWRTFT with an annualized return of 19.08%, while ^DWRTFT has yielded a comparatively lower 4.77% annualized return.

NASDX

• 1D: -0.79%
• 1M: -8.02%
• YTD: -9.12%
• 6M: -6.79%
• 1Y: 19.59%
• 3Y*: 24.51%
• 5Y*: 14.42%
• 10Y*: 19.08%

^DWRTFT

• 1D: 1.47%
• 1M: -5.67%
• YTD: 4.64%
• 6M: 3.82%
• 1Y: 7.23%
• 3Y*: 9.15%
• 5Y*: 5.13%
• 10Y*: 4.77%

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

Return for Risk

NASDX vs. ^DWRTFT — Risk / Return Rank

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

NASDX

NASDX Risk / Return Rank: 51
NASDX Sharpe Ratio Rank: 45
NASDX Sortino Ratio Rank: 51
NASDX Omega Ratio Rank: 50
NASDX Calmar Ratio Rank: 57
NASDX Martin Ratio Rank: 52

^DWRTFT

^DWRTFT Risk / Return Rank: 34
^DWRTFT Sharpe Ratio Rank: 34
^DWRTFT Sortino Ratio Rank: 32
^DWRTFT Omega Ratio Rank: 33
^DWRTFT Calmar Ratio Rank: 34
^DWRTFT Martin Ratio Rank: 38

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.

NASDX vs. ^DWRTFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and Dow Jones U.S. Select REIT Total Return Index (^DWRTFT). 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.

	NASDX	^DWRTFT	Difference
Sharpe ratio Return per unit of total volatility	0.88	0.43	+0.45
Sortino ratio Return per unit of downside risk	1.40	0.70	+0.71
Omega ratio Gain probability vs. loss probability	1.20	1.09	+0.10
Calmar ratio Return relative to maximum drawdown	1.31	0.62	+0.69
Martin ratio Return relative to average drawdown	5.01	2.71	+2.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NASDX vs. ^DWRTFT - Sharpe Ratio Comparison

The current NASDX Sharpe Ratio is 0.88, which is higher than the ^DWRTFT Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of NASDX and ^DWRTFT, 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

	NASDX	^DWRTFT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	0.43	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.27	+0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	0.22	+0.62
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.39	-0.10

Correlation

The correlation between NASDX and ^DWRTFT is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Drawdowns

NASDX vs. ^DWRTFT - Drawdown Comparison

The maximum NASDX drawdown since its inception was -83.16%, which is greater than ^DWRTFT's maximum drawdown of -75.15%. Use the drawdown chart below to compare losses from any high point for NASDX and ^DWRTFT.

Drawdown Indicators

	NASDX	^DWRTFT	Difference
Max Drawdown Largest peak-to-trough decline	-83.16%	-75.15%	-8.01%
Max Drawdown (1Y) Largest decline over 1 year	-12.70%	-13.32%	+0.62%
Max Drawdown (5Y) Largest decline over 5 years	-35.33%	-32.35%	-2.98%
Max Drawdown (10Y) Largest decline over 10 years	-35.33%	-44.29%	+8.96%
Current Drawdown Current decline from peak	-11.90%	-6.08%	-5.82%
Average Drawdown Average peak-to-trough decline	-34.59%	-12.09%	-22.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	3.05%	+0.27%

Volatility

NASDX vs. ^DWRTFT - Volatility Comparison

Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a higher volatility of 5.38% compared to Dow Jones U.S. Select REIT Total Return Index (^DWRTFT) at 4.44%. This indicates that NASDX's price experiences larger fluctuations and is considered to be riskier than ^DWRTFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NASDX	^DWRTFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.38%	4.44%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	12.45%	9.23%	+3.22%
Volatility (1Y) Calculated over the trailing 1-year period	22.55%	16.98%	+5.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.03%	19.09%	+3.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.61%	21.54%	+1.07%