^OEX vs. ^NDX
Compare and contrast key facts about S&P 100 Index (^OEX) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^OEX or ^NDX.
Correlation
The correlation between ^OEX and ^NDX is 0.82, 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
^OEX vs. ^NDX - Performance Comparison
Key characteristics
^OEX:
2.35
^NDX:
1.58
^OEX:
3.07
^NDX:
2.12
^OEX:
1.44
^NDX:
1.29
^OEX:
3.25
^NDX:
2.11
^OEX:
14.30
^NDX:
7.52
^OEX:
2.24%
^NDX:
3.80%
^OEX:
13.66%
^NDX:
18.07%
^OEX:
-61.31%
^NDX:
-82.90%
^OEX:
-2.08%
^NDX:
-3.65%
Returns By Period
In the year-to-date period, ^OEX achieves a 30.39% return, which is significantly higher than ^NDX's 26.53% return. Over the past 10 years, ^OEX has underperformed ^NDX with an annualized return of 12.26%, while ^NDX has yielded a comparatively higher 17.44% annualized return.
^OEX
30.39%
1.96%
10.34%
30.81%
15.26%
12.26%
^NDX
26.53%
3.01%
8.06%
27.04%
19.69%
17.44%
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Risk-Adjusted Performance
^OEX vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 100 Index (^OEX) 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
^OEX vs. ^NDX - Drawdown Comparison
The maximum ^OEX drawdown since its inception was -61.31%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ^OEX and ^NDX. For additional features, visit the drawdowns tool.
Volatility
^OEX vs. ^NDX - Volatility Comparison
The current volatility for S&P 100 Index (^OEX) is 3.88%, while NASDAQ 100 (^NDX) has a volatility of 5.35%. This indicates that ^OEX 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.