WTI vs. ^NDX
Compare and contrast key facts about W&T Offshore, Inc. (WTI) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTI or ^NDX.
Correlation
The correlation between WTI and ^NDX is 0.32, 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
WTI vs. ^NDX - Performance Comparison
Key characteristics
WTI:
-1.03
^NDX:
0.12
WTI:
-1.59
^NDX:
0.35
WTI:
0.81
^NDX:
1.05
WTI:
-0.57
^NDX:
0.14
WTI:
-1.94
^NDX:
0.50
WTI:
28.90%
^NDX:
6.21%
WTI:
54.43%
^NDX:
25.00%
WTI:
-97.59%
^NDX:
-82.90%
WTI:
-97.47%
^NDX:
-17.67%
Returns By Period
In the year-to-date period, WTI achieves a -32.70% return, which is significantly lower than ^NDX's -13.11% return. Over the past 10 years, WTI has underperformed ^NDX with an annualized return of -16.31%, while ^NDX has yielded a comparatively higher 15.45% annualized return.
WTI
-32.70%
-30.19%
-44.96%
-54.69%
-11.10%
-16.31%
^NDX
-13.11%
-7.85%
-9.50%
3.07%
15.68%
15.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
WTI vs. ^NDX — Risk-Adjusted Performance Rank
WTI
^NDX
WTI vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for W&T Offshore, Inc. (WTI) 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
WTI vs. ^NDX - Drawdown Comparison
The maximum WTI drawdown since its inception was -97.59%, which is greater than ^NDX's maximum drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for WTI and ^NDX. For additional features, visit the drawdowns tool.
Volatility
WTI vs. ^NDX - Volatility Comparison
W&T Offshore, Inc. (WTI) has a higher volatility of 20.06% compared to NASDAQ 100 (^NDX) at 16.25%. This indicates that WTI'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.