^IXIC vs. SWKS
Compare and contrast key facts about NASDAQ Composite (^IXIC) and Skyworks Solutions, Inc. (SWKS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IXIC or SWKS.
Key characteristics
| ^IXIC | SWKS | |
|---|---|---|
| YTD Return | 22.35% | -10.85% |
| 1Y Return | 35.71% | 5.53% |
| 3Y Return (Ann) | 7.25% | -13.10% |
| 5Y Return (Ann) | 17.88% | 4.34% |
| 10Y Return (Ann) | 15.77% | 8.61% |
| Sharpe Ratio | 2.01 | 0.15 |
| Sortino Ratio | 2.64 | 0.45 |
| Omega Ratio | 1.35 | 1.06 |
| Calmar Ratio | 1.64 | 0.10 |
| Martin Ratio | 9.74 | 0.47 |
| Ulcer Index | 3.63% | 11.30% |
| Daily Std Dev | 17.64% | 35.41% |
| Max Drawdown | -77.93% | -96.12% |
| Current Drawdown | -1.50% | -46.85% |
Correlation
The correlation between ^IXIC and SWKS is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^IXIC vs. SWKS - Performance Comparison
In the year-to-date period, ^IXIC achieves a 22.35% return, which is significantly higher than SWKS's -10.85% return. Over the past 10 years, ^IXIC has outperformed SWKS with an annualized return of 15.77%, while SWKS has yielded a comparatively lower 8.61% annualized 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
^IXIC vs. SWKS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ Composite (^IXIC) and Skyworks Solutions, Inc. (SWKS). 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. SWKS - Drawdown Comparison
The maximum ^IXIC drawdown since its inception was -77.93%, smaller than the maximum SWKS drawdown of -96.12%. Use the drawdown chart below to compare losses from any high point for ^IXIC and SWKS. For additional features, visit the drawdowns tool.
Volatility
^IXIC vs. SWKS - Volatility Comparison
The current volatility for NASDAQ Composite (^IXIC) is 4.13%, while Skyworks Solutions, Inc. (SWKS) has a volatility of 7.65%. This indicates that ^IXIC experiences smaller price fluctuations and is considered to be less risky than SWKS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.