NDAQ correlations (Nasdaq, Inc.)
Every correlation that matters for NDAQ: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Financials · Financial Exchanges & Data
Volatility (ann.)
23.2%
3y weekly
Beta vs S&P 500
0.80
3y weekly
1-year return
+6.1%
price, adjusted
5-year return
+64.4%
price, adjusted
Market cap
$55.5B
latest
P/E ratio
29.0
trailing
Dividend yield
1.13%
trailing
Max drawdown
-23.4%
3y, daily closes
NDAQ over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with NDAQ
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| SPGI | S&P Global | 0.73 | |
| MCO | Moody's Corporation | 0.71 | |
| ICE | Intercontinental Exchange | 0.66 | |
| BR | Broadridge Financial Solutions | 0.64 | |
| MORN | Morningstar, Inc. | 0.63 | |
| SEIC | SEI Investments Company | 0.56 | |
| SSNC | SS&C Technologies Holdings, Inc. | 0.54 | |
| MSCI | MSCI | 0.54 | |
| XLF | Financial Select Sector SPDR Fund | 0.54 | |
| BLK | BlackRock | 0.54 | |
| FDS | FactSet | 0.54 | |
| TRU | TransUnion | 0.53 | |
| EXLS | ExlService Holdings, Inc. | 0.53 | |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.53 | |
| CCC | CCC Intelligent Solutions Holdings Inc. | 0.52 |
Best diversifiers for NDAQ
These are the assets whose returns had the least to do with NDAQ's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.42 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.41 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.39 | |
| DGZ | DB Gold Short ETN due February 15, 2038 | -0.28 | |
| LICN | Lichen International Limited - Class A | -0.26 | |
| AUC | ATIF Holdings Limited | -0.24 | |
| RETO | ReTo Eco-Solutions, Inc. - Class A Shares | -0.20 | |
| RIME | Algorhythm Holdings, Inc. | -0.17 | |
| DGICB | Donegal Group, Inc. | -0.16 | |
| CIRC | Circle8 Group, Inc. | -0.16 |
NDAQ vs benchmarks
NDAQ vs its peers
Get NDAQ data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/ndaq.jsonCorrelations, diversifiers, beta and volatility for NDAQ, plus one endpoint per pair. API documentation.
NDAQ inside major ETFs
| ETF | NDAQ weight | |
|---|---|---|
| XLF | Financial Select Sector SPDR Fund | 0.54% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.21% |
| VIG | Vanguard Dividend Appreciation ETF | 0.18% |
| VTV | Vanguard Value ETF | 0.18% |
| VYM | Vanguard High Dividend Yield ETF | 0.17% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.15% |
| DGRO | iShares Core Dividend Growth ETF | 0.1% |
| IVV | iShares Core S&P 500 ETF | 0.07% |
| SPY | SPDR S&P 500 ETF Trust | 0.07% |
| VOO | Vanguard S&P 500 ETF | 0.07% |
