^XCMP vs. ^NDX
Compare and contrast key facts about NASDAQ Composite Total Return Index (^XCMP) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XCMP or ^NDX.
Correlation
The correlation between ^XCMP and ^NDX is 0.98, 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
^XCMP vs. ^NDX - Performance Comparison
Key characteristics
^XCMP:
1.48
^NDX:
1.31
^XCMP:
1.98
^NDX:
1.80
^XCMP:
1.28
^NDX:
1.24
^XCMP:
2.03
^NDX:
1.79
^XCMP:
6.92
^NDX:
6.12
^XCMP:
3.85%
^NDX:
3.96%
^XCMP:
17.98%
^NDX:
18.47%
^XCMP:
-35.83%
^NDX:
-82.90%
^XCMP:
-0.51%
^NDX:
0.00%
Returns By Period
In the year-to-date period, ^XCMP achieves a 3.92% return, which is significantly lower than ^NDX's 5.54% return. Over the past 10 years, ^XCMP has underperformed ^NDX with an annualized return of 16.06%, while ^NDX has yielded a comparatively higher 17.49% annualized return.
^XCMP
3.92%
2.21%
12.27%
29.20%
16.73%
16.06%
^NDX
5.54%
3.43%
11.86%
26.38%
18.69%
17.49%
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Risk-Adjusted Performance
^XCMP vs. ^NDX — Risk-Adjusted Performance Rank
^XCMP
^NDX
^XCMP vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ Composite Total Return Index (^XCMP) 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
^XCMP vs. ^NDX - Drawdown Comparison
The maximum ^XCMP drawdown since its inception was -35.83%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ^XCMP and ^NDX. For additional features, visit the drawdowns tool.
Volatility
^XCMP vs. ^NDX - Volatility Comparison
NASDAQ Composite Total Return Index (^XCMP) has a higher volatility of 5.11% compared to NASDAQ 100 (^NDX) at 4.80%. This indicates that ^XCMP's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.