NQ=F vs. CL=F
Compare and contrast key facts about E-Mini Nasdaq 100 Futures (NQ=F) and Crude Oil WTI (CL=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NQ=F or CL=F.
Correlation
The correlation between NQ=F and CL=F is 0.17, 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. CL=F - Performance Comparison
Key characteristics
NQ=F:
1.38
CL=F:
-0.17
NQ=F:
1.93
CL=F:
-0.05
NQ=F:
1.26
CL=F:
0.99
NQ=F:
1.78
CL=F:
-0.08
NQ=F:
5.89
CL=F:
-0.33
NQ=F:
4.24%
CL=F:
13.99%
NQ=F:
17.93%
CL=F:
27.12%
NQ=F:
-35.28%
CL=F:
-93.11%
NQ=F:
-0.90%
CL=F:
-48.61%
Returns By Period
In the year-to-date period, NQ=F achieves a 3.23% return, which is significantly lower than CL=F's 4.79% return. Over the past 10 years, NQ=F has outperformed CL=F with an annualized return of 17.78%, while CL=F has yielded a comparatively lower 4.31% annualized return.
NQ=F
3.23%
-0.53%
14.27%
24.25%
18.54%
17.78%
CL=F
4.79%
6.50%
-3.24%
-3.49%
5.80%
4.31%
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Risk-Adjusted Performance
NQ=F vs. CL=F — Risk-Adjusted Performance Rank
NQ=F
CL=F
NQ=F vs. CL=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for E-Mini Nasdaq 100 Futures (NQ=F) and Crude Oil WTI (CL=F). 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. CL=F - Drawdown Comparison
The maximum NQ=F drawdown since its inception was -35.28%, smaller than the maximum CL=F drawdown of -93.11%. Use the drawdown chart below to compare losses from any high point for NQ=F and CL=F. For additional features, visit the drawdowns tool.
Volatility
NQ=F vs. CL=F - Volatility Comparison
The current volatility for E-Mini Nasdaq 100 Futures (NQ=F) is 4.60%, while Crude Oil WTI (CL=F) has a volatility of 6.54%. This indicates that NQ=F experiences smaller price fluctuations and is considered to be less risky than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.