^DWGROT vs. ^IXIC
Compare and contrast key facts about Dow Jones U.S. Growth Total Stock Market Index (^DWGROT) and NASDAQ Composite (^IXIC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DWGROT or ^IXIC.
Key characteristics
| ^DWGROT | ^IXIC | |
|---|---|---|
| YTD Return | 20.91% | 16.95% |
| 1Y Return | 31.71% | 25.91% |
| 3Y Return (Ann) | 8.75% | 5.10% |
| Sharpe Ratio | 2.04 | 1.62 |
| Daily Std Dev | 16.87% | 17.34% |
| Max Drawdown | -34.14% | -77.93% |
| Current Drawdown | -4.15% | -5.85% |
Correlation
The correlation between ^DWGROT and ^IXIC is 0.99, 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
^DWGROT vs. ^IXIC - Performance Comparison
In the year-to-date period, ^DWGROT achieves a 20.91% return, which is significantly higher than ^IXIC's 16.95% 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
^DWGROT vs. ^IXIC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Growth Total Stock Market Index (^DWGROT) and NASDAQ Composite (^IXIC). 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
^DWGROT vs. ^IXIC - Drawdown Comparison
The maximum ^DWGROT drawdown since its inception was -34.14%, smaller than the maximum ^IXIC drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for ^DWGROT and ^IXIC. For additional features, visit the drawdowns tool.
Volatility
^DWGROT vs. ^IXIC - Volatility Comparison
The current volatility for Dow Jones U.S. Growth Total Stock Market Index (^DWGROT) is 7.53%, while NASDAQ Composite (^IXIC) has a volatility of 8.01%. This indicates that ^DWGROT experiences smaller price fluctuations and is considered to be less risky than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.