^NYA vs. ^IXIC
Compare and contrast key facts about NYSE Composite (^NYA) and NASDAQ Composite (^IXIC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NYA or ^IXIC.
Correlation
The correlation between ^NYA and ^IXIC is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^NYA vs. ^IXIC - Performance Comparison
Key characteristics
^NYA:
1.78
^IXIC:
1.34
^NYA:
2.46
^IXIC:
1.82
^NYA:
1.32
^IXIC:
1.24
^NYA:
2.95
^IXIC:
1.90
^NYA:
8.40
^IXIC:
6.82
^NYA:
2.28%
^IXIC:
3.66%
^NYA:
10.80%
^IXIC:
18.62%
^NYA:
-59.01%
^IXIC:
-77.93%
^NYA:
-1.44%
^IXIC:
-4.12%
Returns By Period
In the year-to-date period, ^NYA achieves a 4.62% return, which is significantly higher than ^IXIC's 0.16% return. Over the past 10 years, ^NYA has underperformed ^IXIC with an annualized return of 6.63%, while ^IXIC has yielded a comparatively higher 15.41% annualized return.
^NYA
4.62%
3.85%
7.77%
17.88%
7.65%
6.63%
^IXIC
0.16%
-1.93%
11.35%
25.15%
15.90%
15.41%
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Risk-Adjusted Performance
^NYA vs. ^IXIC — Risk-Adjusted Performance Rank
^NYA
^IXIC
^NYA vs. ^IXIC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Composite (^NYA) and NASDAQ Composite (^IXIC). 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
^NYA vs. ^IXIC - Drawdown Comparison
The maximum ^NYA drawdown since its inception was -59.01%, smaller than the maximum ^IXIC drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for ^NYA and ^IXIC. For additional features, visit the drawdowns tool.
Volatility
^NYA vs. ^IXIC - Volatility Comparison
The current volatility for NYSE Composite (^NYA) is 3.14%, while NASDAQ Composite (^IXIC) has a volatility of 6.33%. This indicates that ^NYA experiences smaller price fluctuations and is considered to be less risky than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.