^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.
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.
Performance
^IBEX vs. ^NDX - Performance Comparison
Key characteristics
^IBEX:
1.36
^NDX:
1.28
^IBEX:
1.88
^NDX:
1.77
^IBEX:
1.23
^NDX:
1.23
^IBEX:
0.47
^NDX:
1.72
^IBEX:
6.50
^NDX:
6.00
^IBEX:
2.75%
^NDX:
3.90%
^IBEX:
13.13%
^NDX:
18.29%
^IBEX:
-62.65%
^NDX:
-82.90%
^IBEX:
-26.30%
^NDX:
-6.06%
Returns By Period
In the year-to-date period, ^IBEX achieves a 1.35% return, which is significantly higher than ^NDX's -1.21% return. Over the past 10 years, ^IBEX has underperformed ^NDX with an annualized return of 1.56%, while ^NDX has yielded a comparatively higher 17.54% annualized return.
^IBEX
1.35%
0.00%
5.97%
16.62%
4.11%
1.56%
^NDX
-1.21%
-4.70%
1.76%
23.31%
17.94%
17.54%
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Risk-Adjusted Performance
^IBEX vs. ^NDX — Risk-Adjusted Performance Rank
^IBEX
^NDX
^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
The current volatility for IBEX 35 Index (^IBEX) is 4.48%, while NASDAQ 100 (^NDX) has a volatility of 5.85%. This indicates that ^IBEX 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.