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:
0.04
ES:
0.22
NQ=F:
0.23
ES:
0.46
NQ=F:
1.03
ES:
1.06
NQ=F:
0.04
ES:
0.15
NQ=F:
0.15
ES:
0.64
NQ=F:
6.41%
ES:
8.22%
NQ=F:
24.48%
ES:
23.76%
NQ=F:
-35.28%
ES:
-65.47%
NQ=F:
-17.18%
ES:
-31.54%
Returns By Period
In the year-to-date period, NQ=F achieves a -13.19% return, which is significantly lower than ES's 1.23% return. Over the past 10 years, NQ=F has outperformed ES with an annualized return of 15.16%, while ES has yielded a comparatively lower 4.74% annualized return.
NQ=F
-13.19%
-5.48%
-9.53%
4.36%
15.43%
15.16%
ES
1.23%
-7.21%
-9.46%
2.88%
-5.63%
4.74%
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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) has a higher volatility of 16.67% compared to Eversource Energy (ES) at 10.99%. This indicates that NQ=F's price experiences larger fluctuations and is considered to be riskier than ES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.