SGAJ.DE vs. ^NDX
Compare and contrast key facts about iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.DE) and NASDAQ 100 (^NDX).
SGAJ.DE is a passively managed fund by iShares that tracks the performance of the MSCI Japan ESG Screened. It was launched on Oct 19, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGAJ.DE or ^NDX.
Correlation
The correlation between SGAJ.DE and ^NDX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SGAJ.DE vs. ^NDX - Performance Comparison
Key characteristics
SGAJ.DE:
0.50
^NDX:
1.33
SGAJ.DE:
0.77
^NDX:
1.81
SGAJ.DE:
1.11
^NDX:
1.24
SGAJ.DE:
0.65
^NDX:
1.80
SGAJ.DE:
2.14
^NDX:
6.17
SGAJ.DE:
4.00%
^NDX:
3.97%
SGAJ.DE:
17.13%
^NDX:
18.51%
SGAJ.DE:
-28.20%
^NDX:
-82.90%
SGAJ.DE:
-0.68%
^NDX:
0.00%
Returns By Period
In the year-to-date period, SGAJ.DE achieves a 3.45% return, which is significantly lower than ^NDX's 5.48% return.
SGAJ.DE
3.45%
3.55%
7.25%
7.21%
6.70%
N/A
^NDX
5.48%
3.37%
12.40%
25.32%
18.23%
17.49%
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Risk-Adjusted Performance
SGAJ.DE vs. ^NDX — Risk-Adjusted Performance Rank
SGAJ.DE
^NDX
SGAJ.DE vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.DE) and NASDAQ 100 (^NDX). 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
SGAJ.DE vs. ^NDX - Drawdown Comparison
The maximum SGAJ.DE drawdown since its inception was -28.20%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for SGAJ.DE and ^NDX. For additional features, visit the drawdowns tool.
Volatility
SGAJ.DE vs. ^NDX - Volatility Comparison
The current volatility for iShares MSCI Japan ESG Screened UCITS ETF USD (Acc) (SGAJ.DE) is 3.14%, while NASDAQ 100 (^NDX) has a volatility of 4.82%. This indicates that SGAJ.DE experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.