SHIB-USD vs. NASDX
Compare and contrast key facts about Shiba Inu (SHIB-USD) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX).
NASDX is a passively managed fund by Blackrock that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 18, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHIB-USD or NASDX.
Key characteristics
| SHIB-USD | NASDX | |
|---|---|---|
| YTD Return | 84.17% | 25.88% |
| 1Y Return | 131.44% | 29.92% |
| 3Y Return (Ann) | -29.84% | 5.23% |
| Sharpe Ratio | 0.16 | 1.51 |
| Sortino Ratio | 1.38 | 1.96 |
| Omega Ratio | 1.13 | 1.29 |
| Calmar Ratio | 0.06 | 1.91 |
| Martin Ratio | 0.42 | 7.09 |
| Ulcer Index | 45.93% | 4.07% |
| Daily Std Dev | 95.52% | 19.14% |
| Max Drawdown | -92.10% | -81.69% |
| Current Drawdown | -77.05% | 0.00% |
Correlation
The correlation between SHIB-USD and NASDX is 0.21, 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
SHIB-USD vs. NASDX - Performance Comparison
In the year-to-date period, SHIB-USD achieves a 84.17% return, which is significantly higher than NASDX's 25.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SHIB-USD vs. NASDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shiba Inu (SHIB-USD) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). 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
SHIB-USD vs. NASDX - Drawdown Comparison
The maximum SHIB-USD drawdown since its inception was -92.10%, which is greater than NASDX's maximum drawdown of -81.69%. Use the drawdown chart below to compare losses from any high point for SHIB-USD and NASDX. For additional features, visit the drawdowns tool.
Volatility
SHIB-USD vs. NASDX - Volatility Comparison
Shiba Inu (SHIB-USD) has a higher volatility of 19.51% compared to Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) at 5.14%. This indicates that SHIB-USD's price experiences larger fluctuations and is considered to be riskier than NASDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.