NQ=F vs. ^NDX
Compare and contrast key facts about E-Mini Nasdaq 100 Futures (NQ=F) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NQ=F or ^NDX.
Correlation
The correlation between NQ=F and ^NDX is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NQ=F vs. ^NDX - Performance Comparison
Key characteristics
NQ=F:
1.47
^NDX:
1.65
NQ=F:
2.02
^NDX:
2.21
NQ=F:
1.28
^NDX:
1.30
NQ=F:
1.88
^NDX:
2.20
NQ=F:
6.35
^NDX:
7.86
NQ=F:
4.14%
^NDX:
3.81%
NQ=F:
17.77%
^NDX:
18.10%
NQ=F:
-35.28%
^NDX:
-82.90%
NQ=F:
-0.37%
^NDX:
-1.35%
Returns By Period
The year-to-date returns for both investments are quite close, with NQ=F having a 29.40% return and ^NDX slightly higher at 29.55%. Both investments have delivered pretty close results over the past 10 years, with NQ=F having a 17.50% annualized return and ^NDX not far ahead at 17.62%.
NQ=F
29.40%
5.65%
10.30%
29.73%
19.60%
17.50%
^NDX
29.55%
4.92%
10.64%
29.92%
20.00%
17.62%
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Risk-Adjusted Performance
NQ=F vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for E-Mini Nasdaq 100 Futures (NQ=F) and NASDAQ 100 (^NDX). 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. ^NDX - Drawdown Comparison
The maximum NQ=F drawdown since its inception was -35.28%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for NQ=F and ^NDX. For additional features, visit the drawdowns tool.
Volatility
NQ=F vs. ^NDX - Volatility Comparison
E-Mini Nasdaq 100 Futures (NQ=F) has a higher volatility of 6.55% compared to NASDAQ 100 (^NDX) at 5.54%. This indicates that NQ=F's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.