TLGPY vs. ^IXIC
TLGPY (Telstra Corporation Limited) is a stock, while ^IXIC (NASDAQ Composite) is an index. Over the past 3 years, TLGPY returned 14.77%/yr vs 26.58%/yr for ^IXIC. At a 0.32 correlation, their price movements are largely independent.
Performance
TLGPY vs. ^IXIC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TLGPY achieves a 13.64% return, which is significantly lower than ^IXIC's 15.54% return.
TLGPY
- 1D
- -1.18%
- 1M
- -4.57%
- YTD
- 13.64%
- 6M
- 13.71%
- 1Y
- 20.82%
- 3Y*
- 14.77%
- 5Y*
- —
- 10Y*
- —
^IXIC
- 1D
- -0.89%
- 1M
- 7.13%
- YTD
- 15.54%
- 6M
- 14.50%
- 1Y
- 38.43%
- 3Y*
- 26.58%
- 5Y*
- 14.22%
- 10Y*
- 18.44%
TLGPY vs. ^IXIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TLGPY Telstra Corporation Limited | 13.64% | 38.47% | -3.13% | 10.15% | 7.53% |
^IXIC NASDAQ Composite | 15.54% | 20.36% | 28.64% | 43.42% | -4.75% |
Correlation
The correlation between TLGPY and ^IXIC is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2022 | 0.32 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TLGPY vs. ^IXIC — Risk / Return Rank
TLGPY
^IXIC
TLGPY vs. ^IXIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telstra Corporation Limited (TLGPY) and NASDAQ Composite (^IXIC). 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.
| TLGPY | ^IXIC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 2.38 | -1.05 |
Sortino ratioReturn per unit of downside risk | 1.91 | 3.13 | -1.21 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.41 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.84 | 2.92 | -0.08 |
Martin ratioReturn relative to average drawdown | 8.80 | 11.39 | -2.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| TLGPY | ^IXIC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 2.38 | -1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.53 | +0.33 |
Drawdowns
TLGPY vs. ^IXIC - Drawdown Comparison
The maximum TLGPY drawdown since its inception was -19.28%, smaller than the maximum ^IXIC drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for TLGPY and ^IXIC.
Loading charts...
Drawdown Indicators
| TLGPY | ^IXIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.28% | -77.93% | +58.65% |
Max Drawdown (1Y)Largest decline over 1 year | -7.37% | -13.21% | +5.84% |
Max Drawdown (3Y)Largest decline over 3 years | -19.28% | -24.32% | +5.04% |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.40% | — |
Current DrawdownCurrent decline from peak | -7.37% | -0.89% | -6.48% |
Average DrawdownAverage peak-to-trough decline | -5.32% | -21.40% | +16.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 3.38% | -1.01% |
Volatility
TLGPY vs. ^IXIC - Volatility Comparison
Telstra Corporation Limited (TLGPY) has a higher volatility of 4.65% compared to NASDAQ Composite (^IXIC) at 4.28%. This indicates that TLGPY's price experiences larger fluctuations and is considered to be riskier than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TLGPY | ^IXIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 4.28% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 11.64% | 12.13% | -0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.74% | 16.25% | -0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.08% | 22.43% | -1.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.08% | 22.01% | -0.93% |
Frequently Asked Questions
TLGPY and ^IXIC have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TLGPY has higher volatility (4.65%) compared to ^IXIC (4.28%). In terms of maximum drawdown, TLGPY dropped -19.28% vs ^IXIC's -77.93%.
^IXIC currently has the higher Sharpe Ratio (2.38 vs 1.33), 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.
Find the right allocation for TLGPY and ^IXIC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer