^XCMP vs. ^NQROBO
Compare and contrast key facts about NASDAQ Composite Total Return Index (^XCMP) and Nasdaq CTA Artificial Intelligence & Robotics (^NQROBO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XCMP or ^NQROBO.
Correlation
The correlation between ^XCMP and ^NQROBO is 0.81, 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. ^NQROBO - Performance Comparison
Key characteristics
^XCMP:
0.27
^NQROBO:
-0.16
^XCMP:
0.55
^NQROBO:
-0.06
^XCMP:
1.08
^NQROBO:
0.99
^XCMP:
0.28
^NQROBO:
-0.10
^XCMP:
0.96
^NQROBO:
-0.46
^XCMP:
7.04%
^NQROBO:
8.16%
^XCMP:
25.09%
^NQROBO:
23.46%
^XCMP:
-35.83%
^NQROBO:
-44.12%
^XCMP:
-13.65%
^NQROBO:
-29.80%
Returns By Period
In the year-to-date period, ^XCMP achieves a -9.81% return, which is significantly lower than ^NQROBO's -8.23% return.
^XCMP
-9.81%
-2.34%
-5.81%
9.91%
15.52%
14.25%
^NQROBO
-8.23%
-2.55%
-4.73%
-1.63%
6.17%
N/A
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. ^NQROBO — Risk-Adjusted Performance Rank
^XCMP
^NQROBO
^XCMP vs. ^NQROBO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NASDAQ Composite Total Return Index (^XCMP) and Nasdaq CTA Artificial Intelligence & Robotics (^NQROBO). 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. ^NQROBO - Drawdown Comparison
The maximum ^XCMP drawdown since its inception was -35.83%, smaller than the maximum ^NQROBO drawdown of -44.12%. Use the drawdown chart below to compare losses from any high point for ^XCMP and ^NQROBO. For additional features, visit the drawdowns tool.
Volatility
^XCMP vs. ^NQROBO - Volatility Comparison
NASDAQ Composite Total Return Index (^XCMP) has a higher volatility of 17.19% compared to Nasdaq CTA Artificial Intelligence & Robotics (^NQROBO) at 14.06%. This indicates that ^XCMP's price experiences larger fluctuations and is considered to be riskier than ^NQROBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.