^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:
1.86
^NDX:
1.58
^XCMP:
2.43
^NDX:
2.12
^XCMP:
1.34
^NDX:
1.29
^XCMP:
2.49
^NDX:
2.11
^XCMP:
8.85
^NDX:
7.52
^XCMP:
3.70%
^NDX:
3.80%
^XCMP:
17.55%
^NDX:
18.07%
^XCMP:
-35.83%
^NDX:
-82.90%
^XCMP:
-2.98%
^NDX:
-3.65%
Returns By Period
In the year-to-date period, ^XCMP achieves a 31.30% return, which is significantly higher than ^NDX's 26.53% return. Over the past 10 years, ^XCMP has underperformed ^NDX with an annualized return of 16.24%, while ^NDX has yielded a comparatively higher 17.44% annualized return.
^XCMP
31.30%
3.28%
11.03%
31.74%
17.79%
16.24%
^NDX
26.53%
3.01%
8.06%
27.04%
19.69%
17.44%
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
^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
The current volatility for NASDAQ Composite Total Return Index (^XCMP) is 5.05%, while NASDAQ 100 (^NDX) has a volatility of 5.35%. This indicates that ^XCMP 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.