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 0.27, 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:
0.40
CL=F:
-0.70
NQ=F:
0.64
CL=F:
-0.84
NQ=F:
1.09
CL=F:
0.90
NQ=F:
0.37
CL=F:
-0.36
NQ=F:
1.17
CL=F:
-1.34
NQ=F:
7.10%
CL=F:
16.08%
NQ=F:
24.80%
CL=F:
30.12%
NQ=F:
-35.28%
CL=F:
-93.11%
NQ=F:
-9.46%
CL=F:
-57.97%
Returns By Period
In the year-to-date period, NQ=F achieves a -5.09% return, which is significantly higher than CL=F's -14.30% return. Over the past 10 years, NQ=F has outperformed CL=F with an annualized return of 16.15%, while CL=F has yielded a comparatively lower 0.04% annualized return.
NQ=F
-5.09%
4.45%
-5.11%
10.61%
16.42%
16.15%
CL=F
-14.30%
-2.07%
-13.24%
-22.96%
17.78%
0.04%
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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 8.15%, while Crude Oil WTI (CL=F) has a volatility of 11.32%. 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.