WIX vs. ^NDX
Compare and contrast key facts about Wix.com Ltd. (WIX) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WIX or ^NDX.
Correlation
The correlation between WIX and ^NDX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WIX vs. ^NDX - Performance Comparison
Key characteristics
WIX:
2.00
^NDX:
1.58
WIX:
3.37
^NDX:
2.12
WIX:
1.40
^NDX:
1.29
WIX:
1.27
^NDX:
2.11
WIX:
11.36
^NDX:
7.52
WIX:
7.46%
^NDX:
3.80%
WIX:
42.38%
^NDX:
18.07%
WIX:
-84.56%
^NDX:
-82.90%
WIX:
-37.30%
^NDX:
-3.65%
Returns By Period
In the year-to-date period, WIX achieves a 79.95% return, which is significantly higher than ^NDX's 26.53% return. Over the past 10 years, WIX has outperformed ^NDX with an annualized return of 26.71%, while ^NDX has yielded a comparatively lower 17.44% annualized return.
WIX
79.95%
0.99%
39.82%
80.28%
13.69%
26.71%
^NDX
26.53%
3.01%
8.06%
27.04%
19.69%
17.44%
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Risk-Adjusted Performance
WIX vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wix.com Ltd. (WIX) and NASDAQ 100 (^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.
Drawdowns
WIX vs. ^NDX - Drawdown Comparison
The maximum WIX drawdown since its inception was -84.56%, roughly equal to the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for WIX and ^NDX. For additional features, visit the drawdowns tool.
Volatility
WIX vs. ^NDX - Volatility Comparison
Wix.com Ltd. (WIX) has a higher volatility of 10.63% compared to NASDAQ 100 (^NDX) at 5.35%. This indicates that WIX'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.