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 0.37, 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:
0.40
ES:
0.29
NQ=F:
0.64
ES:
0.61
NQ=F:
1.09
ES:
1.08
NQ=F:
0.37
ES:
0.22
NQ=F:
1.17
ES:
0.92
NQ=F:
7.10%
ES:
8.64%
NQ=F:
24.80%
ES:
24.22%
NQ=F:
-35.28%
ES:
-65.47%
NQ=F:
-9.46%
ES:
-24.91%
Returns By Period
In the year-to-date period, NQ=F achieves a -5.09% return, which is significantly lower than ES's 11.02% return. Over the past 10 years, NQ=F has outperformed ES with an annualized return of 16.15%, while ES has yielded a comparatively lower 6.10% annualized return.
NQ=F
-5.09%
4.45%
-5.11%
10.61%
16.42%
16.15%
ES
11.02%
11.88%
5.13%
6.90%
-0.67%
6.10%
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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
E-Mini Nasdaq 100 Futures (NQ=F) and Eversource Energy (ES) have volatilities of 8.15% and 7.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.