^VXN vs. ^IXIC
Compare and contrast key facts about CBOE NASDAQ 100 Voltility Index (^VXN) and NASDAQ Composite (^IXIC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^VXN or ^IXIC.
Correlation
The correlation between ^VXN and ^IXIC is 0.92, 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
^VXN vs. ^IXIC - Performance Comparison
Key characteristics
^VXN:
0.49
^IXIC:
0.39
^VXN:
1.59
^IXIC:
0.70
^VXN:
1.18
^IXIC:
1.10
^VXN:
0.59
^IXIC:
0.40
^VXN:
1.45
^IXIC:
1.32
^VXN:
33.83%
^IXIC:
7.34%
^VXN:
113.12%
^IXIC:
25.61%
^VXN:
-87.21%
^IXIC:
-77.93%
^VXN:
-67.80%
^IXIC:
-11.13%
Returns By Period
In the year-to-date period, ^VXN achieves a 30.37% return, which is significantly higher than ^IXIC's -7.16% return. Over the past 10 years, ^VXN has underperformed ^IXIC with an annualized return of 5.25%, while ^IXIC has yielded a comparatively higher 13.67% annualized return.
^VXN
30.37%
-34.35%
41.53%
54.58%
-3.24%
5.25%
^IXIC
-7.16%
17.42%
-6.96%
9.97%
14.52%
13.67%
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Risk-Adjusted Performance
^VXN vs. ^IXIC — Risk-Adjusted Performance Rank
^VXN
^IXIC
^VXN vs. ^IXIC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CBOE NASDAQ 100 Voltility Index (^VXN) 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
^VXN vs. ^IXIC - Drawdown Comparison
The maximum ^VXN drawdown since its inception was -87.21%, which is greater than ^IXIC's maximum drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for ^VXN and ^IXIC. For additional features, visit the drawdowns tool.
Volatility
^VXN vs. ^IXIC - Volatility Comparison
CBOE NASDAQ 100 Voltility Index (^VXN) has a higher volatility of 38.15% compared to NASDAQ Composite (^IXIC) at 14.10%. This indicates that ^VXN's price experiences larger fluctuations and is considered to be riskier than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.