^DVG vs. ^NDX
Compare and contrast key facts about NASDAQ US Dividend Achievers Select Index (^DVG) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DVG or ^NDX.
Correlation
The correlation between ^DVG and ^NDX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^DVG vs. ^NDX - Performance Comparison
Key characteristics
^DVG:
1.68
^NDX:
1.58
^DVG:
2.37
^NDX:
2.12
^DVG:
1.31
^NDX:
1.29
^DVG:
3.38
^NDX:
2.11
^DVG:
10.07
^NDX:
7.52
^DVG:
1.71%
^NDX:
3.80%
^DVG:
10.17%
^NDX:
18.07%
^DVG:
-48.54%
^NDX:
-82.90%
^DVG:
-3.50%
^NDX:
-3.65%
Returns By Period
In the year-to-date period, ^DVG achieves a 17.00% return, which is significantly lower than ^NDX's 26.53% return. Over the past 10 years, ^DVG has underperformed ^NDX with an annualized return of 9.26%, while ^NDX has yielded a comparatively higher 17.44% annualized return.
^DVG
17.00%
-0.75%
7.37%
17.91%
9.85%
9.26%
^NDX
26.53%
3.01%
8.06%
27.04%
19.69%
17.44%
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
^DVG vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ US Dividend Achievers Select Index (^DVG) 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
^DVG vs. ^NDX - Drawdown Comparison
The maximum ^DVG drawdown since its inception was -48.54%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ^DVG and ^NDX. For additional features, visit the drawdowns tool.
Volatility
^DVG vs. ^NDX - Volatility Comparison
The current volatility for NASDAQ US Dividend Achievers Select Index (^DVG) is 3.58%, while NASDAQ 100 (^NDX) has a volatility of 5.35%. This indicates that ^DVG experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.