THNPY vs. ^NDX
THNPY (Technip Energies NV ADR) is a stock, while ^NDX (NASDAQ 100 Index) is an index. Over the past 5 years, THNPY returned 27.07%/yr vs 14.45%/yr for ^NDX. At a 0.25 correlation, their price movements are largely independent.
Performance
THNPY vs. ^NDX - Performance Comparison
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Returns By Period
In the year-to-date period, THNPY achieves a 1.34% return, which is significantly lower than ^NDX's 15.90% return.
THNPY
- 1D
- -1.67%
- 1M
- -9.15%
- 6M
- -0.86%
- YTD
- 1.34%
- 1Y
- -11.14%
- 3Y*
- 19.54%
- 5Y*
- 27.07%
- 10Y*
- —
^NDX
- 1D
- -1.88%
- 1M
- -1.25%
- 6M
- 13.48%
- YTD
- 15.90%
- 1Y
- 28.46%
- 3Y*
- 23.42%
- 5Y*
- 14.45%
- 10Y*
- 20.35%
THNPY vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
THNPY Technip Energies NV ADR | 1.34% | 48.57% | 16.71% | 53.08% | 12.09% | 5.07% |
^NDX NASDAQ 100 Index | 15.90% | 20.17% | 24.88% | 53.81% | -32.97% | 23.42% |
Correlation
The correlation between THNPY and ^NDX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2021 | 0.25 |
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Return for Risk
THNPY vs. ^NDX — Risk / Return Rank
THNPY
^NDX
THNPY vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Technip Energies NV ADR (THNPY) and NASDAQ 100 Index (^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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| THNPY | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.35 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.27 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | 2.36 | -2.80 |
| Martin ratioReturn relative to average drawdown | -0.74 | 8.42 | -9.16 |
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Drawdowns
THNPY vs. ^NDX - Drawdown Comparison
The maximum THNPY drawdown since its inception was -44.46%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for THNPY and ^NDX.
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Drawdown Indicators
| THNPY | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.46% | -82.90% | +38.44% |
Max Drawdown (1Y)Largest decline over 1 year | -25.32% | -12.12% | -13.20% |
Max Drawdown (3Y)Largest decline over 3 years | -25.32% | -22.93% | -2.39% |
Max Drawdown (5Y)Largest decline over 5 years | -41.82% | -35.56% | -6.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.56% | — |
Current DrawdownCurrent decline from peak | -20.46% | -4.55% | -15.91% |
Average DrawdownAverage peak-to-trough decline | -12.39% | -24.57% | +12.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.05% | 3.39% | +11.66% |
Volatility
THNPY vs. ^NDX - Volatility Comparison
Technip Energies NV ADR (THNPY) has a higher volatility of 10.11% compared to NASDAQ 100 Index (^NDX) at 8.41%. This indicates that THNPY's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| THNPY | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.11% | 8.41% | +1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 25.15% | 15.28% | +9.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.08% | 18.58% | +14.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.88% | 22.99% | +13.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.35% | 22.67% | +15.68% |
Frequently Asked Questions
THNPY and ^NDX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THNPY has higher volatility (10.11%) compared to ^NDX (8.41%). In terms of maximum drawdown, THNPY dropped -44.46% vs ^NDX's -82.90%.
^NDX currently has the higher Sharpe Ratio (1.54 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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