NQ=F vs. ES
Compare and contrast key facts about E-Mini Nasdaq 100 Futures (NQ=F) and Eversource Energy (ES).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NQ=F or ES.
Correlation
The correlation between NQ=F and ES is 0.25, 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
NQ=F vs. ES - Performance Comparison
Key characteristics
NQ=F:
0.63
ES:
0.62
NQ=F:
0.96
ES:
1.00
NQ=F:
1.13
ES:
1.12
NQ=F:
0.82
ES:
0.38
NQ=F:
2.69
ES:
1.85
NQ=F:
4.30%
ES:
7.31%
NQ=F:
18.15%
ES:
21.63%
NQ=F:
-35.28%
ES:
-65.47%
NQ=F:
-7.24%
ES:
-26.50%
Returns By Period
In the year-to-date period, NQ=F achieves a -2.77% return, which is significantly lower than ES's 8.67% return. Over the past 10 years, NQ=F has outperformed ES with an annualized return of 16.28%, while ES has yielded a comparatively lower 5.55% annualized return.
NQ=F
-2.77%
-4.37%
6.42%
15.20%
19.15%
16.28%
ES
8.67%
8.18%
-4.20%
11.62%
-3.06%
5.55%
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Risk-Adjusted Performance
NQ=F vs. ES — Risk-Adjusted Performance Rank
NQ=F
ES
NQ=F vs. ES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for E-Mini Nasdaq 100 Futures (NQ=F) and Eversource Energy (ES). 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
NQ=F vs. ES - Drawdown Comparison
The maximum NQ=F drawdown since its inception was -35.28%, smaller than the maximum ES drawdown of -65.47%. Use the drawdown chart below to compare losses from any high point for NQ=F and ES. For additional features, visit the drawdowns tool.
Volatility
NQ=F vs. ES - Volatility Comparison
The current volatility for E-Mini Nasdaq 100 Futures (NQ=F) is 4.86%, while Eversource Energy (ES) has a volatility of 7.11%. This indicates that NQ=F experiences smaller price fluctuations and is considered to be less risky than ES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.