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
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.
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?