^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:
0.30
^NDX:
0.12
^OEX:
0.56
^NDX:
0.35
^OEX:
1.08
^NDX:
1.05
^OEX:
0.31
^NDX:
0.13
^OEX:
1.31
^NDX:
0.49
^OEX:
4.67%
^NDX:
6.30%
^OEX:
20.44%
^NDX:
25.00%
^OEX:
-61.31%
^NDX:
-82.90%
^OEX:
-15.28%
^NDX:
-17.67%
Returns By Period
In the year-to-date period, ^OEX achieves a -11.98% return, which is significantly higher than ^NDX's -13.11% return. Over the past 10 years, ^OEX has underperformed ^NDX with an annualized return of 10.77%, while ^NDX has yielded a comparatively higher 15.24% annualized return.
^OEX
-11.98%
-7.26%
-9.89%
6.96%
14.06%
10.77%
^NDX
-13.11%
-7.49%
-10.17%
4.97%
15.67%
15.24%
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 14.28%, while NASDAQ 100 (^NDX) has a volatility of 16.16%. 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.