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:
-0.74
^NDX:
1.39
WTI:
-0.91
^NDX:
1.89
WTI:
0.89
^NDX:
1.25
WTI:
-0.39
^NDX:
1.89
WTI:
-1.20
^NDX:
6.47
WTI:
31.53%
^NDX:
3.97%
WTI:
51.05%
^NDX:
18.50%
WTI:
-97.59%
^NDX:
-82.90%
WTI:
-96.04%
^NDX:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with WTI having a 5.42% return and ^NDX slightly lower at 5.25%. Over the past 10 years, WTI has underperformed ^NDX with an annualized return of -11.81%, while ^NDX has yielded a comparatively higher 17.47% annualized return.
WTI
5.42%
-5.41%
-22.86%
-42.90%
-13.60%
-11.81%
^NDX
5.25%
3.14%
11.88%
25.04%
17.95%
17.47%
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 13.49% compared to NASDAQ 100 (^NDX) at 5.12%. 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.