NDAQ vs. MCO
NDAQ (Nasdaq, Inc.) and MCO (Moody's Corporation) are both stocks. Both operate in the Financial Data & Stock Exchanges industry within the Financial Services sector. Over the past 10 years, NDAQ returned 17.04%/yr vs 17.53%/yr for MCO. At a 0.46 correlation, their price movements are largely independent.
Performance
NDAQ vs. MCO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NDAQ achieves a -7.77% return, which is significantly higher than MCO's -11.93% return. Both investments have delivered pretty close results over the past 10 years, with NDAQ having a 17.04% annualized return and MCO not far ahead at 17.53%.
NDAQ
- 1D
- 2.95%
- 1M
- -1.01%
- YTD
- -7.77%
- 6M
- -4.26%
- 1Y
- 4.01%
- 3Y*
- 22.18%
- 5Y*
- 10.57%
- 10Y*
- 17.04%
MCO
- 1D
- 1.36%
- 1M
- 2.42%
- YTD
- -11.93%
- 6M
- -7.54%
- 1Y
- -6.12%
- 3Y*
- 10.65%
- 5Y*
- 6.32%
- 10Y*
- 17.53%
NDAQ vs. MCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NDAQ Nasdaq, Inc. | -7.77% | 27.19% | 34.85% | -3.66% | -11.19% | 60.13% | 25.99% | 33.88% | 8.21% | 16.76% |
MCO Moody's Corporation | -11.93% | 8.74% | 22.17% | 41.52% | -27.80% | 35.57% | 23.26% | 71.26% | -4.10% | 58.53% |
Correlation
The correlation between NDAQ and MCO is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2002 | 0.46 |
The correlation between NDAQ and MCO shifts across timeframes, from 0.46 (all time) to 0.65 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NDAQ:
$50.87B
MCO:
$79.40B
NDAQ:
$3.32
MCO:
$13.92
NDAQ:
26.82
MCO:
32.16
NDAQ:
2.58
MCO:
4.20
NDAQ:
6.21
MCO:
10.19
NDAQ:
4.23
MCO:
26.52
NDAQ:
$8.27B
MCO:
$7.87B
NDAQ:
$4.53B
MCO:
$5.49B
NDAQ:
$3.11B
MCO:
$3.95B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NDAQ vs. MCO — Risk / Return Rank
NDAQ
MCO
NDAQ vs. MCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nasdaq, Inc. (NDAQ) and Moody's Corporation (MCO). 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.
| NDAQ | MCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.98 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | -0.26 | +0.45 |
| Martin ratioReturn relative to average drawdown | 0.42 | -0.56 | +0.98 |
Loading charts...
Drawdowns
NDAQ vs. MCO - Drawdown Comparison
The maximum NDAQ drawdown since its inception was -68.48%, smaller than the maximum MCO drawdown of -78.72%. Use the drawdown chart below to compare losses from any high point for NDAQ and MCO.
Loading charts...
Drawdown Indicators
| NDAQ | MCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.48% | -78.72% | +10.24% |
Max Drawdown (1Y)Largest decline over 1 year | -21.76% | -23.61% | +1.85% |
Max Drawdown (3Y)Largest decline over 3 years | -21.76% | -24.65% | +2.89% |
Max Drawdown (5Y)Largest decline over 5 years | -32.84% | -41.66% | +8.82% |
Max Drawdown (10Y)Largest decline over 10 years | -38.31% | -42.02% | +3.71% |
Current DrawdownCurrent decline from peak | -11.29% | -16.63% | +5.34% |
Average DrawdownAverage peak-to-trough decline | -23.80% | -17.76% | -6.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.50% | 10.99% | -1.49% |
Volatility
NDAQ vs. MCO - Volatility Comparison
Nasdaq, Inc. (NDAQ) has a higher volatility of 7.88% compared to Moody's Corporation (MCO) at 7.00%. This indicates that NDAQ's price experiences larger fluctuations and is considered to be riskier than MCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NDAQ | MCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.88% | 7.00% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 20.80% | 21.97% | -1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.66% | 26.40% | -1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.96% | 26.33% | -2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.27% | 27.84% | -3.57% |
Dividends
NDAQ vs. MCO - Dividend Comparison
NDAQ's dividend yield for the trailing twelve months is around 1.56%, more than MCO's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCO Moody's Corporation | 0.88% | 0.74% | 0.72% | 0.79% | 1.26% | 0.63% | 0.77% | 0.84% | 1.26% | 1.03% | 1.57% | 1.36% |
NDAQ Nasdaq, Inc. | 1.56% | 1.08% | 1.22% | 1.48% | 1.27% | 1.00% | 1.46% | 1.73% | 2.08% | 1.90% | 1.80% | 1.55% |
Financials
NDAQ vs. MCO - Financials Comparison
This section allows you to compare key financial metrics between Nasdaq, Inc. and Moody's Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NDAQ vs. MCO - Profitability Comparison
NDAQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nasdaq, Inc. reported a gross profit of 1.41B and revenue of 2.14B. Therefore, the gross margin over that period was 65.8%.
MCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Moody's Corporation reported a gross profit of 1.55B and revenue of 2.08B. Therefore, the gross margin over that period was 74.5%.
NDAQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nasdaq, Inc. reported an operating income of 657.00M and revenue of 2.14B, resulting in an operating margin of 30.7%.
MCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Moody's Corporation reported an operating income of 922.00M and revenue of 2.08B, resulting in an operating margin of 44.4%.
NDAQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nasdaq, Inc. reported a net income of 519.00M and revenue of 2.14B, resulting in a net margin of 24.3%.
MCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Moody's Corporation reported a net income of 661.00M and revenue of 2.08B, resulting in a net margin of 31.8%.
Frequently Asked Questions
NDAQ and MCO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NDAQ has higher volatility (7.88%) compared to MCO (7.00%). In terms of maximum drawdown, NDAQ dropped -68.48% vs MCO's -78.72%.
NDAQ currently has the higher Sharpe Ratio (0.16 vs -0.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NDAQ and MCO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer