^IXIC vs. BZ=F
Compare and contrast key facts about NASDAQ Composite (^IXIC) and Crude Oil Brent (BZ=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IXIC or BZ=F.
Correlation
The correlation between ^IXIC and BZ=F is 0.10, 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
^IXIC vs. BZ=F - Performance Comparison
Key characteristics
^IXIC:
0.37
BZ=F:
-0.52
^IXIC:
0.61
BZ=F:
-0.58
^IXIC:
1.08
BZ=F:
0.93
^IXIC:
0.52
BZ=F:
-0.24
^IXIC:
1.41
BZ=F:
-0.96
^IXIC:
5.22%
BZ=F:
13.23%
^IXIC:
20.03%
BZ=F:
23.95%
^IXIC:
-77.93%
BZ=F:
-86.77%
^IXIC:
-12.75%
BZ=F:
-49.82%
Returns By Period
In the year-to-date period, ^IXIC achieves a -8.85% return, which is significantly lower than BZ=F's -1.78% return. Over the past 10 years, ^IXIC has outperformed BZ=F with an annualized return of 13.70%, while BZ=F has yielded a comparatively lower 2.81% annualized return.
^IXIC
-8.85%
-4.08%
-1.81%
8.38%
19.09%
13.70%
BZ=F
-1.78%
2.36%
-0.31%
-17.56%
15.56%
2.81%
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Risk-Adjusted Performance
^IXIC vs. BZ=F — Risk-Adjusted Performance Rank
^IXIC
BZ=F
^IXIC vs. BZ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ Composite (^IXIC) and Crude Oil Brent (BZ=F). 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
^IXIC vs. BZ=F - Drawdown Comparison
The maximum ^IXIC drawdown since its inception was -77.93%, smaller than the maximum BZ=F drawdown of -86.77%. Use the drawdown chart below to compare losses from any high point for ^IXIC and BZ=F. For additional features, visit the drawdowns tool.
Volatility
^IXIC vs. BZ=F - Volatility Comparison
NASDAQ Composite (^IXIC) has a higher volatility of 7.47% compared to Crude Oil Brent (BZ=F) at 5.17%. This indicates that ^IXIC's price experiences larger fluctuations and is considered to be riskier than BZ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.