^W1DOW vs. NVDA
Compare and contrast key facts about Dow Jones Global Index (^W1DOW) and NVIDIA Corporation (NVDA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^W1DOW or NVDA.
Correlation
The correlation between ^W1DOW and NVDA is 0.85, 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
^W1DOW vs. NVDA - Performance Comparison
Key characteristics
^W1DOW:
0.39
NVDA:
0.58
^W1DOW:
0.61
NVDA:
1.16
^W1DOW:
1.09
NVDA:
1.14
^W1DOW:
0.35
NVDA:
0.94
^W1DOW:
1.49
NVDA:
2.47
^W1DOW:
3.78%
NVDA:
14.07%
^W1DOW:
14.26%
NVDA:
60.10%
^W1DOW:
-59.33%
NVDA:
-89.72%
^W1DOW:
-6.96%
NVDA:
-25.70%
Returns By Period
In the year-to-date period, ^W1DOW achieves a -2.03% return, which is significantly higher than NVDA's -17.33% return. Over the past 10 years, ^W1DOW has underperformed NVDA with an annualized return of 5.33%, while NVDA has yielded a comparatively higher 70.63% annualized return.
^W1DOW
-2.03%
-2.55%
-2.52%
8.54%
10.66%
5.33%
NVDA
-17.33%
-2.42%
-21.56%
34.39%
72.99%
70.63%
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Risk-Adjusted Performance
^W1DOW vs. NVDA — Risk-Adjusted Performance Rank
^W1DOW
NVDA
^W1DOW vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Global Index (^W1DOW) and NVIDIA Corporation (NVDA). 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
^W1DOW vs. NVDA - Drawdown Comparison
The maximum ^W1DOW drawdown since its inception was -59.33%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for ^W1DOW and NVDA. For additional features, visit the drawdowns tool.
Volatility
^W1DOW vs. NVDA - Volatility Comparison
The current volatility for Dow Jones Global Index (^W1DOW) is 9.90%, while NVIDIA Corporation (NVDA) has a volatility of 25.46%. This indicates that ^W1DOW experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.