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NASDX vs. FMIL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NASDX and FMIL is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

NASDX vs. FMIL - 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 Fidelity New Millennium ETF (FMIL). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
64.05%
114.06%
NASDX
FMIL

Key characteristics

Sharpe Ratio

NASDX:

0.13

FMIL:

0.32

Sortino Ratio

NASDX:

0.36

FMIL:

0.58

Omega Ratio

NASDX:

1.05

FMIL:

1.08

Calmar Ratio

NASDX:

0.13

FMIL:

0.32

Martin Ratio

NASDX:

0.43

FMIL:

1.28

Ulcer Index

NASDX:

7.91%

FMIL:

4.97%

Daily Std Dev

NASDX:

26.29%

FMIL:

19.85%

Max Drawdown

NASDX:

-81.69%

FMIL:

-19.72%

Current Drawdown

NASDX:

-15.89%

FMIL:

-13.31%

Returns By Period

The year-to-date returns for both stocks are quite close, with NASDX having a -8.47% return and FMIL slightly lower at -8.63%.


NASDX

YTD

-8.47%

1M

-5.26%

6M

-12.20%

1Y

1.52%

5Y*

12.55%

10Y*

12.61%

FMIL

YTD

-8.63%

1M

-7.46%

6M

-9.20%

1Y

3.80%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


NASDX vs. FMIL - Expense Ratio Comparison

NASDX has a 0.63% expense ratio, which is higher than FMIL's 0.59% expense ratio.


Expense ratio chart for NASDX: current value is 0.63%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NASDX: 0.63%
Expense ratio chart for FMIL: current value is 0.59%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FMIL: 0.59%

Risk-Adjusted Performance

NASDX vs. FMIL — Risk-Adjusted Performance Rank

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

NASDX
The Risk-Adjusted Performance Rank of NASDX is 3535
Overall Rank
The Sharpe Ratio Rank of NASDX is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of NASDX is 3636
Sortino Ratio Rank
The Omega Ratio Rank of NASDX is 3636
Omega Ratio Rank
The Calmar Ratio Rank of NASDX is 3737
Calmar Ratio Rank
The Martin Ratio Rank of NASDX is 3333
Martin Ratio Rank

FMIL
The Risk-Adjusted Performance Rank of FMIL is 4848
Overall Rank
The Sharpe Ratio Rank of FMIL is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of FMIL is 4747
Sortino Ratio Rank
The Omega Ratio Rank of FMIL is 4848
Omega Ratio Rank
The Calmar Ratio Rank of FMIL is 5050
Calmar Ratio Rank
The Martin Ratio Rank of FMIL is 4949
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NASDX vs. FMIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and Fidelity New Millennium ETF (FMIL). 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.


The chart of Sharpe ratio for NASDX, currently valued at 0.13, compared to the broader market-1.000.001.002.003.00
NASDX: 0.13
FMIL: 0.27
The chart of Sortino ratio for NASDX, currently valued at 0.36, compared to the broader market-2.000.002.004.006.008.00
NASDX: 0.36
FMIL: 0.51
The chart of Omega ratio for NASDX, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.00
NASDX: 1.05
FMIL: 1.07
The chart of Calmar ratio for NASDX, currently valued at 0.13, compared to the broader market0.002.004.006.008.0010.00
NASDX: 0.13
FMIL: 0.27
The chart of Martin ratio for NASDX, currently valued at 0.43, compared to the broader market0.0010.0020.0030.0040.0050.00
NASDX: 0.43
FMIL: 1.06

The current NASDX Sharpe Ratio is 0.13, which is lower than the FMIL Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of NASDX and FMIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.13
0.27
NASDX
FMIL

Dividends

NASDX vs. FMIL - Dividend Comparison

NASDX's dividend yield for the trailing twelve months is around 0.35%, less than FMIL's 1.04% yield.


TTM20242023202220212020201920182017201620152014
NASDX
Shelton Capital Management Nasdaq-100 Index Fund Direct Shares
0.35%0.36%0.45%0.50%0.15%0.37%0.47%0.94%1.35%0.75%0.86%1.02%
FMIL
Fidelity New Millennium ETF
1.04%0.82%0.46%1.43%1.68%0.48%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

NASDX vs. FMIL - Drawdown Comparison

The maximum NASDX drawdown since its inception was -81.69%, which is greater than FMIL's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for NASDX and FMIL. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-15.89%
-13.31%
NASDX
FMIL

Volatility

NASDX vs. FMIL - Volatility Comparison

Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a higher volatility of 16.86% compared to Fidelity New Millennium ETF (FMIL) at 13.93%. This indicates that NASDX's price experiences larger fluctuations and is considered to be riskier than FMIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
16.86%
13.93%
NASDX
FMIL