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A comment on Dow plunges 900 points, Nasdaq suffers worst month since 2008. Parent comment

Re:Dow plunges 900 points, Nasdaq suffers worst month since ... by DougMellon on Saturday April 30, 2022 @12:44AM (#31213409)
I believe you are looking at the one year average annual return [0] which is 27.51% [1].

The Nasdaq-100 is down 22.10% YTD [3].

[0] https://www.investopedia.com/terms/a/aar.asp

[1] https://www.nasdaq.com/market-activity/total-returns

[3] https://www.slickcharts.com/nasdaq100/returns

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Re:Dow plunges 900 points, Nasdaq suffers worst month since ... by Thorrez on Saturday April 30, 2022 @02:36AM (#31213883)
How are these numbers calculated? It doesn't make sense to me.

There are apparently 2 different indices

NDX: NASDAQ 100 Index

2021-04-27 13960

2021-04-28 13902

2021-04-29 13970

2022-04-28 13456

2022-04-29 12854

https://finance.yahoo.com/quote/%5ENDX/chart

XNDX: NASDAQ-100 Total Return

2021-04-27 16360

2021-04-28 16291

2021-04-29 16372

2022-04-28 15880 (matches your [1])

2022-04-29 15170

https://www.barchart.com/stocks/quotes/$XNDX/interactive-cha...

I can't figure out what the difference is between them.

QQQ is a fund that tracks one of them, but I don't know which. It apparently all 3 match very closely:

https://seekingalpha.com/symbol/XNDX/charting?compare=XNDX,Q...

QQQ's "1-Year Daily Total Return" is -6.78% and its "1-Year" "Trailing Returns" "Monthly Total Returns" is 9.54%. How come those numbers are so different? Shouldn't they be essentially the same?

These other sites say QQQ's "1 Year Return" is -2.78%.

https://www.bloomberg.com/quote/QQQ:US

https://etfdb.com/etf/QQQ/#performance

I don't understand any of these numbers. How can this stuff be so contradictory?

[ Parent | on HN ]
Re:Dow plunges 900 points, Nasdaq suffers worst month since ... by scrlk on Saturday April 30, 2022 @03:03AM (#31214012)
NDX = capitalization-weighted index (i.e. the higher marker cap companies in the index will be a greater % of the index) [1]

XNDX = a total return index tracks the price + reinvests all dividends back in to the index [2]

[1] https://www.investopedia.com/terms/n/nasdaqcompositeindex.as...

[2] https://www.investopedia.com/terms/t/total_return_index.asp

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Re:Dow plunges 900 points, Nasdaq suffers worst month since ... by actuallyalys on Saturday April 30, 2022 @04:22PM (#31218949)
I believe total return includes dividends. So QQQQ's price tracks the index, but your total return for QQQQ (i.e., increases in value plus dividends paid out to you) would track, well, the total returns. Not sure why different sites don't align.
[ Parent | on HN ]