NDX1.DE vs. QLD
Compare and contrast key facts about Nordex SE (NDX1.DE) and ProShares Ultra QQQ (QLD).
QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDX1.DE or QLD.
Correlation
The correlation between NDX1.DE and QLD is 0.27, 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
NDX1.DE vs. QLD - Performance Comparison
Key characteristics
NDX1.DE:
0.50
QLD:
1.17
NDX1.DE:
0.96
QLD:
1.63
NDX1.DE:
1.11
QLD:
1.22
NDX1.DE:
0.22
QLD:
1.63
NDX1.DE:
1.24
QLD:
5.03
NDX1.DE:
15.84%
QLD:
8.47%
NDX1.DE:
39.05%
QLD:
36.52%
NDX1.DE:
-98.49%
QLD:
-83.13%
NDX1.DE:
-87.02%
QLD:
-1.77%
Returns By Period
In the year-to-date period, NDX1.DE achieves a 2.22% return, which is significantly lower than QLD's 9.07% return. Over the past 10 years, NDX1.DE has underperformed QLD with an annualized return of -3.14%, while QLD has yielded a comparatively higher 29.18% annualized return.
NDX1.DE
2.22%
-4.56%
-15.48%
16.13%
2.02%
-3.14%
QLD
9.07%
4.11%
22.90%
46.05%
27.51%
29.18%
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Risk-Adjusted Performance
NDX1.DE vs. QLD — Risk-Adjusted Performance Rank
NDX1.DE
QLD
NDX1.DE vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordex SE (NDX1.DE) and ProShares Ultra QQQ (QLD). 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
NDX1.DE vs. QLD - Dividend Comparison
NDX1.DE has not paid dividends to shareholders, while QLD's dividend yield for the trailing twelve months is around 0.23%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NDX1.DE Nordex SE | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QLD ProShares Ultra QQQ | 0.23% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% |
Drawdowns
NDX1.DE vs. QLD - Drawdown Comparison
The maximum NDX1.DE drawdown since its inception was -98.49%, which is greater than QLD's maximum drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for NDX1.DE and QLD. For additional features, visit the drawdowns tool.
Volatility
NDX1.DE vs. QLD - Volatility Comparison
Nordex SE (NDX1.DE) has a higher volatility of 10.69% compared to ProShares Ultra QQQ (QLD) at 9.18%. This indicates that NDX1.DE's price experiences larger fluctuations and is considered to be riskier than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.