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 24.15%/yr vs 13.58%/yr for ^NDX. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
THNPY vs. ^NDX - Performance Comparison
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Returns By Period
In the year-to-date period, THNPY achieves a -7.36% return, which is significantly lower than ^NDX's 11.98% return.
THNPY
- 1D
- 1.38%
- 1M
- -9.70%
- 6M
- -8.74%
- YTD
- -7.36%
- 1Y
- -18.85%
- 3Y*
- 18.49%
- 5Y*
- 24.15%
- 10Y*
- —
- ALL TIME*
- 21.62%
^NDX
- 1D
- 0.60%
- 1M
- -3.60%
- 6M
- 10.65%
- YTD
- 11.98%
- 1Y
- 24.21%
- 3Y*
- 21.62%
- 5Y*
- 13.58%
- 10Y*
- 19.61%
- ALL TIME*
- 14.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^NDX NASDAQ 100 Index | $205.94T | $218.36T | $280.11T |
| $108.38K | $330.81K | $311.70K |
THNPY vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
THNPY Technip Energies NV ADR | -7.36% | 48.57% | 16.71% | 53.08% | 12.09% | 5.07% |
^NDX NASDAQ 100 Index | 11.98% | 20.17% | 24.88% | 53.81% | -32.97% | 23.42% |
Correlation
The correlation between THNPY and ^NDX is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer 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 | -1.67 | ||
| Sortino ratioReturn per unit of downside risk | -2.17 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.20 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | 1.80 | -2.45 |
| Martin ratioReturn relative to average drawdown | -1.16 | 5.76 | -6.91 |
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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 | -28.28% | -12.12% | -16.16% |
Max Drawdown (3Y)Largest decline over 3 years | -28.28% | -22.93% | -5.35% |
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 | -27.29% | -7.78% | -19.51% |
Average DrawdownAverage peak-to-trough decline | -12.48% | -24.55% | +12.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.83% | 3.79% | +12.04% |
Volatility
THNPY vs. ^NDX - Volatility Comparison
Technip Energies NV ADR (THNPY) has a higher volatility of 11.81% compared to NASDAQ 100 Index (^NDX) at 6.81%. 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 | 11.81% | 6.81% | +5.00% |
Volatility (6M)Calculated over the trailing 6-month period | 26.54% | 15.99% | +10.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.13% | 19.37% | +14.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.00% | 23.09% | +13.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.39% | 22.73% | +15.66% |
Frequently Asked Questions
THNPY and ^NDX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THNPY has higher volatility (11.81%) compared to ^NDX (6.81%). In terms of maximum drawdown, THNPY dropped -44.46% vs ^NDX's -82.90%.
^NDX currently has the higher Sharpe Ratio (1.13 vs -0.54), 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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