^IBEX vs. ^NDX
Compare and contrast key facts about IBEX 35 Index (^IBEX) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IBEX or ^NDX.
Performance
^IBEX vs. ^NDX - Performance Comparison
Returns By Period
In the year-to-date period, ^IBEX achieves a 15.57% return, which is significantly lower than ^NDX's 22.07% return. Over the past 10 years, ^IBEX has underperformed ^NDX with an annualized return of 1.03%, while ^NDX has yielded a comparatively higher 17.11% annualized return.
^IBEX
15.57%
-2.10%
2.96%
19.60%
4.73%
1.03%
^NDX
22.07%
1.06%
9.99%
29.68%
19.98%
17.11%
Key characteristics
| ^IBEX | ^NDX | |
|---|---|---|
| Sharpe Ratio | 1.35 | 1.69 |
| Sortino Ratio | 1.87 | 2.27 |
| Omega Ratio | 1.23 | 1.30 |
| Calmar Ratio | 0.46 | 2.19 |
| Martin Ratio | 6.64 | 7.89 |
| Ulcer Index | 2.63% | 3.77% |
| Daily Std Dev | 12.89% | 17.66% |
| Max Drawdown | -62.65% | -82.90% |
| Current Drawdown | -26.78% | -2.74% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between ^IBEX and ^NDX is 0.29, 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.
Risk-Adjusted Performance
^IBEX vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IBEX 35 Index (^IBEX) 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
^IBEX vs. ^NDX - Drawdown Comparison
The maximum ^IBEX drawdown since its inception was -62.65%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ^IBEX and ^NDX. For additional features, visit the drawdowns tool.
Volatility
^IBEX vs. ^NDX - Volatility Comparison
IBEX 35 Index (^IBEX) has a higher volatility of 6.25% compared to NASDAQ 100 (^NDX) at 5.63%. This indicates that ^IBEX'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.