NDX1.DE vs. SPYD
Compare and contrast key facts about Nordex SE (NDX1.DE) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDX1.DE or SPYD.
Correlation
The correlation between NDX1.DE and SPYD is 0.23, 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. SPYD - Performance Comparison
Key characteristics
NDX1.DE:
0.50
SPYD:
1.74
NDX1.DE:
0.96
SPYD:
2.38
NDX1.DE:
1.11
SPYD:
1.31
NDX1.DE:
0.22
SPYD:
2.17
NDX1.DE:
1.24
SPYD:
6.45
NDX1.DE:
15.84%
SPYD:
3.27%
NDX1.DE:
39.05%
SPYD:
12.14%
NDX1.DE:
-98.49%
SPYD:
-46.42%
NDX1.DE:
-87.02%
SPYD:
-4.32%
Returns By Period
In the year-to-date period, NDX1.DE achieves a 2.22% return, which is significantly lower than SPYD's 3.38% return.
NDX1.DE
2.22%
-4.56%
-15.48%
16.13%
2.02%
-3.14%
SPYD
3.38%
0.99%
3.96%
20.66%
7.55%
N/A
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Risk-Adjusted Performance
NDX1.DE vs. SPYD — Risk-Adjusted Performance Rank
NDX1.DE
SPYD
NDX1.DE vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordex SE (NDX1.DE) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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. SPYD - Dividend Comparison
NDX1.DE has not paid dividends to shareholders, while SPYD's dividend yield for the trailing twelve months is around 4.17%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.17% | 4.31% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% |
Drawdowns
NDX1.DE vs. SPYD - Drawdown Comparison
The maximum NDX1.DE drawdown since its inception was -98.49%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for NDX1.DE and SPYD. For additional features, visit the drawdowns tool.
Volatility
NDX1.DE vs. SPYD - Volatility Comparison
Nordex SE (NDX1.DE) has a higher volatility of 10.69% compared to SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 2.65%. This indicates that NDX1.DE's price experiences larger fluctuations and is considered to be riskier than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.