NFTY vs. ^XNDX

Last updated Jul 16, 2026

NFTY (First Trust India NIFTY 50 Equal Weight ETF) is India Equities fund tracking the NIFTY 50 Equal Weight Index, while ^XNDX (NASDAQ 100 Total Return Index) is an index.

Performance

NFTY vs. ^XNDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust India NIFTY 50 Equal Weight ETF (NFTY) and NASDAQ 100 Total Return Index (^XNDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NFTY

• 1D: -0.06%
• 1M: -1.43%
• 6M: -7.38%
• YTD: -8.16%
• 1Y: -8.20%
• 3Y*: 4.59%
• 5Y*: 5.61%
• 10Y*: 7.54%

^XNDX

• 1D: -0.86%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NFTY vs. ^XNDX - Yearly Performance Comparison

	2026 (YTD)
NFTY First Trust India NIFTY 50 Equal Weight ETF	-0.06%
^XNDX NASDAQ 100 Total Return Index	-0.86%

Return for Risk

NFTY vs. ^XNDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NFTY

NFTY Risk / Return Rank: 4
NFTY Sharpe Ratio Rank: 5
NFTY Sortino Ratio Rank: 4
NFTY Omega Ratio Rank: 4
NFTY Calmar Ratio Rank: 5
NFTY Martin Ratio Rank: 3

^XNDX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NFTY vs. ^XNDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust India NIFTY 50 Equal Weight ETF (NFTY) and NASDAQ 100 Total Return Index (^XNDX). 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.

	NFTY	^XNDX	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	—	—
Sortino ratio: Return per unit of downside risk	-0.75	—	—
Omega ratio: Gain probability vs. loss probability	0.92	—	—
Calmar ratio: Return relative to maximum drawdown	-0.51	—	—
Martin ratio: Return relative to average drawdown	-1.21	—	—

Drawdowns

NFTY vs. ^XNDX - Drawdown Comparison

The maximum NFTY drawdown since its inception was -47.67%, which is greater than ^XNDX's maximum drawdown of -0.86%. Use the drawdown chart below to compare losses from any high point for NFTY and ^XNDX.

Drawdown Indicators

	NFTY	^XNDX	Difference
Max Drawdown Largest peak-to-trough decline	-47.67%	-0.86%	-46.81%
Max Drawdown (1Y) Largest decline over 1 year	-16.14%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-47.67%	—	—
Current Drawdown Current decline from peak	-16.05%	-0.86%	-15.19%
Average Drawdown Average peak-to-trough decline	-9.63%	-0.86%	-8.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.79%	—	—

Volatility

Volatility by Period

	NFTY	^XNDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.61%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.72%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.41%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.65%	—	—