^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 0.83, 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:
1.76
^NDX:
1.25
^OEX:
2.36
^NDX:
1.72
^OEX:
1.32
^NDX:
1.23
^OEX:
2.53
^NDX:
1.71
^OEX:
10.64
^NDX:
5.85
^OEX:
2.35%
^NDX:
3.97%
^OEX:
14.18%
^NDX:
18.58%
^OEX:
-61.31%
^NDX:
-82.90%
^OEX:
-2.08%
^NDX:
-2.53%
Returns By Period
In the year-to-date period, ^OEX achieves a 1.75% return, which is significantly lower than ^NDX's 2.86% return. Over the past 10 years, ^OEX has underperformed ^NDX with an annualized return of 12.26%, while ^NDX has yielded a comparatively higher 17.15% annualized return.
^OEX
1.75%
-1.35%
8.34%
21.84%
16.12%
12.26%
^NDX
2.86%
-0.73%
9.60%
20.50%
19.68%
17.15%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^OEX vs. ^NDX — Risk-Adjusted Performance Rank
^OEX
^NDX
^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 3.82%, while NASDAQ 100 (^NDX) has a volatility of 5.13%. 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.