NDAQ vs. VOO
NDAQ (Nasdaq, Inc.) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, NDAQ returned 16.67%/yr vs 15.35%/yr for VOO. Their 0.60 correlation means they have sometimes moved together and sometimes differently.
Performance
NDAQ vs. VOO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NDAQ achieves a -1.99% return, which is significantly lower than VOO's 13.52% return. Over the past 10 years, NDAQ has outperformed VOO with an annualized return of 16.67%, while VOO has yielded a comparatively lower 15.35% annualized return.
NDAQ
- 1D
- 1.00%
- 1M
- 11.95%
- 6M
- 7.58%
- YTD
- -1.99%
- 1Y
- -0.61%
- 3Y*
- 25.84%
- 5Y*
- 9.98%
- 10Y*
- 16.67%
- ALL TIME*
- 14.07%
VOO
- 1D
- -0.19%
- 1M
- 2.46%
- 6M
- 12.84%
- YTD
- 13.52%
- 1Y
- 24.01%
- 3Y*
- 21.49%
- 5Y*
- 13.30%
- 10Y*
- 15.35%
- ALL TIME*
- 14.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
NDAQ Nasdaq, Inc. | $368.48M | $369.14M | $354.79M |
| $4.29B | $3.83B | $5.49B |
NDAQ vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NDAQ Nasdaq, Inc. | -1.99% | 27.19% | 34.85% | -3.66% | -11.19% | 60.13% | 25.99% | 33.88% | 8.21% | 16.76% |
VOO Vanguard S&P 500 ETF | 13.52% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between NDAQ and VOO is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.60 |
Over the past year, the correlation between NDAQ and VOO has dropped to 0.31 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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. VOO — Risk / Return Rank
NDAQ
VOO
NDAQ vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nasdaq, Inc. (NDAQ) and Vanguard S&P 500 ETF (VOO). 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 | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.91 | ||
| Sortino ratioReturn per unit of downside risk | -2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.34 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 2.71 | -2.74 |
| Martin ratioReturn relative to average drawdown | -0.06 | 11.57 | -11.63 |
Loading charts...
Drawdowns
NDAQ vs. VOO - Drawdown Comparison
The maximum NDAQ drawdown since its inception was -68.48%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NDAQ and VOO.
Loading charts...
Drawdown Indicators
| NDAQ | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.48% | -33.99% | -34.49% |
Max Drawdown (1Y)Largest decline over 1 year | -23.39% | -8.90% | -14.49% |
Max Drawdown (3Y)Largest decline over 3 years | -23.39% | -18.69% | -4.70% |
Max Drawdown (5Y)Largest decline over 5 years | -32.84% | -24.52% | -8.32% |
Max Drawdown (10Y)Largest decline over 10 years | -38.31% | -33.99% | -4.32% |
Current DrawdownCurrent decline from peak | -5.72% | -0.19% | -5.53% |
Average DrawdownAverage peak-to-trough decline | -23.74% | -3.67% | -20.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.76% | 2.08% | +8.68% |
Volatility
NDAQ vs. VOO - Volatility Comparison
Nasdaq, Inc. (NDAQ) has a higher volatility of 8.52% compared to Vanguard S&P 500 ETF (VOO) at 4.07%. This indicates that NDAQ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NDAQ | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.52% | 4.07% | +4.45% |
Volatility (6M)Calculated over the trailing 6-month period | 22.17% | 10.27% | +11.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.31% | 12.81% | +14.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.65% | 16.96% | +7.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.59% | 18.03% | +6.56% |
Dividends
NDAQ vs. VOO - Dividend Comparison
NDAQ's dividend yield for the trailing twelve months is around 1.18%, more than VOO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDAQ Nasdaq, Inc. | 1.18% | 1.08% | 1.22% | 1.48% | 1.27% | 1.00% | 1.46% | 1.73% | 2.08% | 1.90% | 1.80% | 1.55% |
VOO Vanguard S&P 500 ETF | 1.04% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
NDAQ and VOO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NDAQ has higher volatility (8.52%) compared to VOO (4.07%). In terms of maximum drawdown, NDAQ dropped -68.48% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.88 vs -0.02), 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 VOO
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