Correlation
The correlation between TELNY and NASDX is 0.35, 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.
TELNY vs. NASDX
Compare and contrast key facts about Telenor ASA ADR (TELNY) 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: TELNY or NASDX.
Performance
TELNY vs. NASDX - Performance Comparison
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Key characteristics
TELNY:
1.79
NASDX:
0.61
TELNY:
2.20
NASDX:
0.91
TELNY:
1.33
NASDX:
1.12
TELNY:
0.40
NASDX:
0.59
TELNY:
7.88
NASDX:
1.92
TELNY:
5.10%
NASDX:
7.05%
TELNY:
22.69%
NASDX:
25.69%
TELNY:
-100.00%
NASDX:
-81.69%
TELNY:
-100.00%
NASDX:
-3.62%
Returns By Period
In the year-to-date period, TELNY achieves a 42.24% return, which is significantly higher than NASDX's 1.70% return. Over the past 10 years, TELNY has underperformed NASDX with an annualized return of 2.65%, while NASDX has yielded a comparatively higher 17.32% annualized return.
TELNY
42.24%
4.73%
34.74%
39.49%
11.98%
8.08%
2.65%
NASDX
1.70%
7.90%
2.13%
15.56%
19.68%
17.99%
17.32%
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Risk-Adjusted Performance
TELNY vs. NASDX — Risk-Adjusted Performance Rank
TELNY
NASDX
TELNY vs. NASDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Telenor ASA ADR (TELNY) 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.
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Dividends
TELNY vs. NASDX - Dividend Comparison
TELNY's dividend yield for the trailing twelve months is around 5.66%, less than NASDX's 8.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TELNY Telenor ASA ADR | 5.66% | 8.05% | 7.72% | 10.96% | 6.79% | 5.55% | 5.39% | 7.99% | 4.43% | 6.01% | 5.48% | 5.81% |
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 8.48% | 8.66% | 7.54% | 3.74% | 2.59% | 1.28% | 7.10% | 2.47% | 2.39% | 0.75% | 0.86% | 1.02% |
Drawdowns
TELNY vs. NASDX - Drawdown Comparison
The maximum TELNY drawdown since its inception was -100.00%, which is greater than NASDX's maximum drawdown of -81.69%. Use the drawdown chart below to compare losses from any high point for TELNY and NASDX.
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Volatility
TELNY vs. NASDX - Volatility Comparison
Telenor ASA ADR (TELNY) has a higher volatility of 7.11% compared to Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) at 5.59%. This indicates that TELNY'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.
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