UAE vs. NDAQ
Compare and contrast key facts about iShares MSCI UAE ETF (UAE) and Nasdaq, Inc. (NDAQ).
UAE is a passively managed fund by iShares that tracks the performance of the MSCI All UAE Capped Index. It was launched on Apr 29, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UAE or NDAQ.
Key characteristics
| UAE | NDAQ | |
|---|---|---|
| YTD Return | 5.68% | 30.10% |
| 1Y Return | 8.64% | 51.22% |
| 3Y Return (Ann) | 2.30% | 3.29% |
| 5Y Return (Ann) | 5.90% | 19.38% |
| 10Y Return (Ann) | 0.57% | 19.76% |
| Sharpe Ratio | 0.64 | 2.79 |
| Sortino Ratio | 0.96 | 3.84 |
| Omega Ratio | 1.12 | 1.51 |
| Calmar Ratio | 0.36 | 1.93 |
| Martin Ratio | 2.03 | 16.46 |
| Ulcer Index | 4.52% | 3.18% |
| Daily Std Dev | 14.41% | 18.77% |
| Max Drawdown | -60.44% | -68.48% |
| Current Drawdown | -14.09% | -1.42% |
Correlation
The correlation between UAE and NDAQ is 0.21, 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.
Performance
UAE vs. NDAQ - Performance Comparison
In the year-to-date period, UAE achieves a 5.68% return, which is significantly lower than NDAQ's 30.10% return. Over the past 10 years, UAE has underperformed NDAQ with an annualized return of 0.57%, while NDAQ has yielded a comparatively higher 19.76% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
UAE vs. NDAQ - Risk-Adjusted Performance 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.
Dividends
UAE vs. NDAQ - Dividend Comparison
UAE's dividend yield for the trailing twelve months is around 4.12%, more than NDAQ's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UAE iShares MSCI UAE ETF | 4.12% | 3.25% | 2.67% | 4.88% | 4.75% | 3.54% | 5.56% | 3.38% | 4.74% | 3.77% | 2.58% | 0.00% |
NDAQ Nasdaq, Inc. | 1.23% | 1.48% | 1.27% | 1.00% | 1.46% | 1.73% | 2.08% | 1.90% | 1.80% | 1.55% | 1.21% | 1.31% |
Drawdowns
UAE vs. NDAQ - Drawdown Comparison
The maximum UAE drawdown since its inception was -60.44%, 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. For additional features, visit the drawdowns tool.
Volatility
UAE vs. NDAQ - Volatility Comparison
The current volatility for iShares MSCI UAE ETF (UAE) is 4.35%, while Nasdaq, Inc. (NDAQ) has a volatility of 4.90%. 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.