NDQ.AX vs. BTC-USD
Compare and contrast key facts about BetaShares NASDAQ 100 ETF (NDQ.AX) and Bitcoin (BTC-USD).
NDQ.AX is a passively managed fund by BetaShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jul 20, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDQ.AX or BTC-USD.
Correlation
The correlation between NDQ.AX and BTC-USD is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NDQ.AX vs. BTC-USD - Performance Comparison
Key characteristics
NDQ.AX:
1.74
BTC-USD:
1.20
NDQ.AX:
2.29
BTC-USD:
1.91
NDQ.AX:
1.31
BTC-USD:
1.19
NDQ.AX:
2.73
BTC-USD:
0.93
NDQ.AX:
8.86
BTC-USD:
6.70
NDQ.AX:
3.33%
BTC-USD:
8.82%
NDQ.AX:
16.99%
BTC-USD:
43.77%
NDQ.AX:
-30.79%
BTC-USD:
-93.07%
NDQ.AX:
-0.19%
BTC-USD:
-9.77%
Returns By Period
In the year-to-date period, NDQ.AX achieves a 2.34% return, which is significantly lower than BTC-USD's 2.51% return.
NDQ.AX
2.34%
2.47%
19.87%
27.51%
19.48%
N/A
BTC-USD
2.51%
-8.27%
60.98%
83.75%
58.30%
81.73%
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Risk-Adjusted Performance
NDQ.AX vs. BTC-USD — Risk-Adjusted Performance Rank
NDQ.AX
BTC-USD
NDQ.AX vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaShares NASDAQ 100 ETF (NDQ.AX) and Bitcoin (BTC-USD). 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.
Drawdowns
NDQ.AX vs. BTC-USD - Drawdown Comparison
The maximum NDQ.AX drawdown since its inception was -30.79%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for NDQ.AX and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
NDQ.AX vs. BTC-USD - Volatility Comparison
The current volatility for BetaShares NASDAQ 100 ETF (NDQ.AX) is 5.20%, while Bitcoin (BTC-USD) has a volatility of 9.75%. This indicates that NDQ.AX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.