NQ=F vs. SPY
Compare and contrast key facts about E-Mini Nasdaq 100 Futures (NQ=F) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NQ=F or SPY.
Correlation
The correlation between NQ=F and SPY is 0.88, 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. SPY - Performance Comparison
Key characteristics
NQ=F:
0.82
SPY:
1.47
NQ=F:
1.21
SPY:
2.00
NQ=F:
1.17
SPY:
1.27
NQ=F:
1.06
SPY:
2.21
NQ=F:
3.49
SPY:
9.05
NQ=F:
4.26%
SPY:
2.05%
NQ=F:
17.96%
SPY:
12.63%
NQ=F:
-35.28%
SPY:
-55.19%
NQ=F:
-4.75%
SPY:
-3.00%
Returns By Period
In the year-to-date period, NQ=F achieves a -0.16% return, which is significantly lower than SPY's 1.44% return. Over the past 10 years, NQ=F has outperformed SPY with an annualized return of 16.67%, while SPY has yielded a comparatively lower 12.91% annualized return.
NQ=F
-0.16%
-0.31%
9.15%
17.60%
19.78%
16.67%
SPY
1.44%
-0.81%
7.18%
18.79%
16.77%
12.91%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NQ=F vs. SPY — Risk-Adjusted Performance Rank
NQ=F
SPY
NQ=F vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for E-Mini Nasdaq 100 Futures (NQ=F) and SPDR S&P 500 ETF (SPY). 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. SPY - Drawdown Comparison
The maximum NQ=F drawdown since its inception was -35.28%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NQ=F and SPY. For additional features, visit the drawdowns tool.
Volatility
NQ=F vs. SPY - Volatility Comparison
E-Mini Nasdaq 100 Futures (NQ=F) has a higher volatility of 4.09% compared to SPDR S&P 500 ETF (SPY) at 2.89%. This indicates that NQ=F's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.