NDAQ vs. SPY
Compare and contrast key facts about Nasdaq, Inc. (NDAQ) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDAQ or SPY.
Correlation
The correlation between NDAQ and SPY is 0.52, 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.
Performance
NDAQ vs. SPY - Performance Comparison
Key characteristics
NDAQ:
1.00
SPY:
0.54
NDAQ:
1.47
SPY:
0.89
NDAQ:
1.21
SPY:
1.13
NDAQ:
1.16
SPY:
0.58
NDAQ:
4.36
SPY:
2.39
NDAQ:
5.46%
SPY:
4.51%
NDAQ:
23.96%
SPY:
20.07%
NDAQ:
-68.48%
SPY:
-55.19%
NDAQ:
-10.47%
SPY:
-10.54%
Returns By Period
In the year-to-date period, NDAQ achieves a -3.00% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, NDAQ has outperformed SPY with an annualized return of 18.60%, while SPY has yielded a comparatively lower 11.95% annualized return.
NDAQ
-3.00%
-3.77%
-0.04%
23.20%
17.96%
18.60%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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Risk-Adjusted Performance
NDAQ vs. SPY — Risk-Adjusted Performance Rank
NDAQ
SPY
NDAQ vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nasdaq, Inc. (NDAQ) and SPDR S&P 500 ETF (SPY). 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.
Dividends
NDAQ vs. SPY - Dividend Comparison
NDAQ's dividend yield for the trailing twelve months is around 1.28%, less than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDAQ Nasdaq, Inc. | 1.28% | 1.22% | 1.48% | 1.27% | 1.00% | 1.46% | 1.73% | 2.08% | 1.90% | 1.80% | 1.55% | 1.21% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NDAQ vs. SPY - Drawdown Comparison
The maximum NDAQ drawdown since its inception was -68.48%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NDAQ and SPY. For additional features, visit the drawdowns tool.
Volatility
NDAQ vs. SPY - Volatility Comparison
Nasdaq, Inc. (NDAQ) and SPDR S&P 500 ETF (SPY) have volatilities of 15.01% and 15.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.