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^XCMP vs. ^SP500TR
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^XCMP and ^SP500TR 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.


-0.50.00.51.00.9

Performance

^XCMP vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NASDAQ Composite Total Return Index (^XCMP) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

500.00%600.00%700.00%800.00%900.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
969.52%
646.11%
^XCMP
^SP500TR

Key characteristics

Sharpe Ratio

^XCMP:

1.86

^SP500TR:

2.23

Sortino Ratio

^XCMP:

2.43

^SP500TR:

2.97

Omega Ratio

^XCMP:

1.34

^SP500TR:

1.42

Calmar Ratio

^XCMP:

2.49

^SP500TR:

3.31

Martin Ratio

^XCMP:

8.85

^SP500TR:

14.64

Ulcer Index

^XCMP:

3.70%

^SP500TR:

1.91%

Daily Std Dev

^XCMP:

17.55%

^SP500TR:

12.52%

Max Drawdown

^XCMP:

-35.83%

^SP500TR:

-55.25%

Current Drawdown

^XCMP:

-2.98%

^SP500TR:

-2.57%

Returns By Period

In the year-to-date period, ^XCMP achieves a 31.30% return, which is significantly higher than ^SP500TR's 26.03% return. Over the past 10 years, ^XCMP has outperformed ^SP500TR with an annualized return of 16.24%, while ^SP500TR has yielded a comparatively lower 13.10% annualized return.


^XCMP

YTD

31.30%

1M

3.28%

6M

11.03%

1Y

31.74%

5Y*

17.79%

10Y*

16.24%

^SP500TR

YTD

26.03%

1M

0.36%

6M

9.25%

1Y

26.67%

5Y*

14.81%

10Y*

13.10%

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Risk-Adjusted Performance

^XCMP vs. ^SP500TR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NASDAQ Composite Total Return Index (^XCMP) and S&P 500 Total Return (^SP500TR). 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.


Sharpe ratio
The chart of Sharpe ratio for ^XCMP, currently valued at 1.86, compared to the broader market0.001.002.001.862.12
The chart of Sortino ratio for ^XCMP, currently valued at 2.43, compared to the broader market-1.000.001.002.003.002.432.82
The chart of Omega ratio for ^XCMP, currently valued at 1.34, compared to the broader market0.901.001.101.201.301.401.341.41
The chart of Calmar ratio for ^XCMP, currently valued at 2.49, compared to the broader market0.001.002.003.002.493.10
The chart of Martin ratio for ^XCMP, currently valued at 8.85, compared to the broader market0.005.0010.0015.0020.008.8513.11
^XCMP
^SP500TR

The current ^XCMP Sharpe Ratio is 1.86, which is comparable to the ^SP500TR Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of ^XCMP and ^SP500TR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.86
2.12
^XCMP
^SP500TR

Drawdowns

^XCMP vs. ^SP500TR - Drawdown Comparison

The maximum ^XCMP drawdown since its inception was -35.83%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ^XCMP and ^SP500TR. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.98%
-2.57%
^XCMP
^SP500TR

Volatility

^XCMP vs. ^SP500TR - Volatility Comparison

NASDAQ Composite Total Return Index (^XCMP) has a higher volatility of 5.05% compared to S&P 500 Total Return (^SP500TR) at 3.75%. This indicates that ^XCMP's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.05%
3.75%
^XCMP
^SP500TR
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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