UAE vs. NDAQ
UAE (iShares MSCI UAE ETF) is Emerging Markets Equities fund tracking the MSCI All UAE Capped Index, while NDAQ (Nasdaq, Inc.) is a stock. Over the past 10 years, UAE returned 6.26%/yr vs 16.50%/yr for NDAQ. At a 0.22 correlation, their price movements are largely independent.
Performance
UAE vs. NDAQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UAE achieves a 6.53% return, which is significantly higher than NDAQ's -14.50% return. Over the past 10 years, UAE has underperformed NDAQ with an annualized return of 6.26%, while NDAQ has yielded a comparatively higher 16.50% annualized return.
UAE
- 1D
- -1.50%
- 1M
- 7.68%
- YTD
- 6.53%
- 6M
- 4.13%
- 1Y
- 16.47%
- 3Y*
- 15.08%
- 5Y*
- 10.81%
- 10Y*
- 6.26%
NDAQ
- 1D
- -0.15%
- 1M
- -9.04%
- YTD
- -14.50%
- 6M
- -15.27%
- 1Y
- -3.69%
- 3Y*
- 20.09%
- 5Y*
- 8.30%
- 10Y*
- 16.50%
UAE vs. NDAQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UAE iShares MSCI UAE ETF | 6.53% | 21.35% | 15.25% | 2.91% | -5.36% | 44.16% | -7.23% | 1.59% | -14.42% | 4.99% |
NDAQ Nasdaq, Inc. | -14.50% | 27.19% | 34.85% | -3.66% | -11.19% | 60.13% | 25.99% | 33.88% | 8.21% | 16.76% |
Correlation
The correlation between UAE and NDAQ is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since May 1, 2014 | 0.22 |
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
UAE vs. NDAQ — Risk / Return Rank
UAE
NDAQ
UAE vs. NDAQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI UAE ETF (UAE) and Nasdaq, Inc. (NDAQ). 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.
| UAE | NDAQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.00 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | -0.17 | +0.94 |
| Martin ratioReturn relative to average drawdown | 1.87 | -0.38 | +2.25 |
Loading charts...
Drawdowns
UAE vs. NDAQ - Drawdown Comparison
The maximum UAE drawdown since its inception was -60.49%, smaller than the maximum NDAQ drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for UAE and NDAQ.
Loading charts...
Drawdown Indicators
| UAE | NDAQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.49% | -68.48% | +7.99% |
Max Drawdown (1Y)Largest decline over 1 year | -21.50% | -21.76% | +0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -21.50% | -21.76% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -27.47% | -32.84% | +5.37% |
Max Drawdown (10Y)Largest decline over 10 years | -49.71% | -38.31% | -11.40% |
Current DrawdownCurrent decline from peak | -8.37% | -17.76% | +9.39% |
Average DrawdownAverage peak-to-trough decline | -23.85% | -23.80% | -0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.81% | 9.79% | -0.98% |
Volatility
UAE vs. NDAQ - Volatility Comparison
The current volatility for iShares MSCI UAE ETF (UAE) is 9.16%, while Nasdaq, Inc. (NDAQ) has a volatility of 10.54%. This indicates that UAE experiences smaller price fluctuations and is considered to be less risky than NDAQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UAE | NDAQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.16% | 10.54% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 20.42% | 22.01% | -1.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.94% | 25.70% | -2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.09% | 24.17% | -5.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.61% | 24.37% | -4.76% |
Dividends
UAE vs. NDAQ - Dividend Comparison
UAE's dividend yield for the trailing twelve months is around 4.33%, more than NDAQ's 1.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDAQ Nasdaq, Inc. | 1.36% | 1.08% | 1.22% | 1.48% | 1.27% | 1.00% | 1.46% | 1.73% | 2.08% | 1.90% | 1.80% | 1.55% |
UAE iShares MSCI UAE ETF | 4.33% | 4.10% | 3.32% | 3.25% | 2.67% | 4.88% | 4.75% | 3.54% | 5.56% | 3.38% | 4.74% | 3.77% |
Frequently Asked Questions
UAE and NDAQ have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NDAQ has higher volatility (10.54%) compared to UAE (9.16%). In terms of maximum drawdown, UAE dropped -60.49% vs NDAQ's -68.48%.
UAE currently has the higher Sharpe Ratio (0.72 vs -0.14), 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 UAE and NDAQ
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