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

Correlation

The correlation between NASDX and FTEC is 0.96, 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.


-0.50.00.51.01.0

Performance

NASDX vs. FTEC - 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 MSCI Information Technology Index ETF (FTEC). The values are adjusted to include any dividend payments, if applicable.

300.00%400.00%500.00%600.00%700.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
392.40%
740.57%
NASDX
FTEC

Key characteristics

Sharpe Ratio

NASDX:

0.99

FTEC:

1.55

Sortino Ratio

NASDX:

1.35

FTEC:

2.07

Omega Ratio

NASDX:

1.19

FTEC:

1.28

Calmar Ratio

NASDX:

1.41

FTEC:

2.20

Martin Ratio

NASDX:

4.69

FTEC:

7.86

Ulcer Index

NASDX:

4.08%

FTEC:

4.27%

Daily Std Dev

NASDX:

19.35%

FTEC:

21.56%

Max Drawdown

NASDX:

-81.69%

FTEC:

-34.95%

Current Drawdown

NASDX:

-6.88%

FTEC:

-2.38%

Returns By Period

In the year-to-date period, NASDX achieves a 17.21% return, which is significantly lower than FTEC's 31.57% return. Over the past 10 years, NASDX has underperformed FTEC with an annualized return of 14.40%, while FTEC has yielded a comparatively higher 20.50% annualized return.


NASDX

YTD

17.21%

1M

-4.86%

6M

-0.09%

1Y

17.68%

5Y*

15.27%

10Y*

14.40%

FTEC

YTD

31.57%

1M

3.26%

6M

9.80%

1Y

31.86%

5Y*

22.22%

10Y*

20.50%

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. FTEC - Expense Ratio Comparison

NASDX has a 0.63% expense ratio, which is higher than FTEC's 0.08% expense ratio.


NASDX
Shelton Capital Management Nasdaq-100 Index Fund Direct Shares
Expense ratio chart for NASDX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
Expense ratio chart for FTEC: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

NASDX vs. FTEC - 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 MSCI Information Technology Index ETF (FTEC). 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.


Sharpe ratio
The chart of Sharpe ratio for NASDX, currently valued at 0.99, compared to the broader market-1.000.001.002.003.004.000.991.55
The chart of Sortino ratio for NASDX, currently valued at 1.35, compared to the broader market-2.000.002.004.006.008.0010.001.352.07
The chart of Omega ratio for NASDX, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.003.501.191.28
The chart of Calmar ratio for NASDX, currently valued at 1.41, compared to the broader market0.002.004.006.008.0010.0012.0014.001.412.20
The chart of Martin ratio for NASDX, currently valued at 4.69, compared to the broader market0.0020.0040.0060.004.697.86
NASDX
FTEC

The current NASDX Sharpe Ratio is 0.99, which is lower than the FTEC Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of NASDX and FTEC, 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 Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.99
1.55
NASDX
FTEC

Dividends

NASDX vs. FTEC - Dividend Comparison

NASDX's dividend yield for the trailing twelve months is around 0.40%, less than FTEC's 0.48% yield.


TTM20232022202120202019201820172016201520142013
NASDX
Shelton Capital Management Nasdaq-100 Index Fund Direct Shares
0.40%0.45%0.50%0.15%0.37%0.47%0.94%1.35%0.75%0.86%1.02%0.72%
FTEC
Fidelity MSCI Information Technology Index ETF
0.48%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%0.18%

Drawdowns

NASDX vs. FTEC - Drawdown Comparison

The maximum NASDX drawdown since its inception was -81.69%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for NASDX and FTEC. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.88%
-2.38%
NASDX
FTEC

Volatility

NASDX vs. FTEC - Volatility Comparison

Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a higher volatility of 8.95% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 5.60%. This indicates that NASDX's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.95%
5.60%
NASDX
FTEC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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