^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 0.33, 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:
1.04
^NDX:
0.12
^IBEX:
1.41
^NDX:
0.35
^IBEX:
1.20
^NDX:
1.05
^IBEX:
0.51
^NDX:
0.13
^IBEX:
5.49
^NDX:
0.49
^IBEX:
3.21%
^NDX:
6.30%
^IBEX:
16.87%
^NDX:
25.00%
^IBEX:
-62.65%
^NDX:
-82.90%
^IBEX:
-18.99%
^NDX:
-17.67%
Returns By Period
In the year-to-date period, ^IBEX achieves a 11.41% return, which is significantly higher than ^NDX's -13.11% return. Over the past 10 years, ^IBEX has underperformed ^NDX with an annualized return of 1.25%, while ^NDX has yielded a comparatively higher 15.28% annualized return.
^IBEX
11.41%
-3.27%
8.51%
21.48%
13.14%
1.25%
^NDX
-13.11%
-6.29%
-9.57%
4.37%
15.67%
15.28%
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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 12.80%, while NASDAQ 100 (^NDX) has a volatility of 16.16%. 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.