Nuveen NASDAQ Competition

Etfs . USA . 
Etf . Nuveen NASDAQ 100
QQQX Etf  USD 26.41  0.30  1.15%   
Nuveen NASDAQ 100 competes with BlackRock Science, BlackRock Health, BlackRock Health, Cohen Steers, and Cohen; as well as few others. The company conducts business under Financial Services sector and is part of Asset Management industry. Analyzing Nuveen NASDAQ competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Nuveen NASDAQ to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nuveen NASDAQ Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Nuveen NASDAQ competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
25.5526.3327.11
Details
Intrinsic
Valuation
LowRealHigh
23.7727.2328.01
Details
Naive
Forecast
LowNextHigh
25.2626.0526.83
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.4926.3327.16
Details

Nuveen NASDAQ Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nuveen NASDAQ and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Nuveen and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nuveen NASDAQ 100 does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.89
CRM
CRM
+ 0.88
T
JPM
+ 0.85
T
MSFT
+ 0.69
META
XOM
+ 0.67
UBER
MRK
+ 0.67
A
  
High negative correlations   
MRK
- 0.84
JPM
MRK
- 0.8
CRM
XOM
- 0.76
MSFT
CRM
- 0.75
UBER
MRK
- 0.72
T
T
- 0.7
UBER

Nuveen NASDAQ Competition Risk-Adjusted Indicators

There is a big difference between Nuveen Etf performing well and Nuveen NASDAQ ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nuveen NASDAQ's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.16  0.06  0.03  0.15  1.43 
(1.27)
 2.62 
(3.15)
 7.43 
MSFT  0.87 (0.02)(0.02)(0.01) 1.63 
(0.78)
 1.78 
(2.23)
 8.14 
UBER  1.71 (0.32) 0.00 (0.34) 0.00 
 0.00 
 2.67 
(5.35)
 20.41 
F  1.44 (0.15) 0.00 (0.08) 0.00 
 0.00 
 2.53 
(2.90)
 11.21 
T  0.96  0.11  0.08  0.52  1.12 
(1.02)
 1.93 
(1.99)
 7.95 
A  1.24 (0.09) 0.00 (0.16) 0.00 
 0.00 
 2.71 
(2.42)
 9.02 
CRM  1.48  0.37  0.23  0.30  1.30 
(1.66)
 3.18 
(2.88)
 14.80 
JPM  1.04  0.16  0.14  0.11  1.08 
(1.20)
 1.99 
(1.44)
 15.87 
MRK  0.96 (0.27) 0.00 (1.10) 0.00 
 0.00 
 1.72 
(2.17)
 5.17 
XOM  0.90 (0.14) 0.00 (0.43) 0.00 
 0.00 
 1.83 
(2.14)
 6.06 
All Fundamental Data

Nuveen NASDAQ Competitive Analysis

The better you understand Nuveen NASDAQ competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nuveen NASDAQ's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nuveen NASDAQ's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
QQQX BSTZ BME BMEZ RQI UTF NRGX NBXG DLY HGLB
 1.15 
 26.41 
Nuveen
 3.09 
 21.01 
BlackRock
 1.41 
 37.44 
BlackRock
 0.68 
 14.74 
BlackRock
 2.27 
 12.18 
Cohen
 0.91 
 23.41 
Cohen
 0.67 
 16.41 
PIMCO
 0.24 
 12.75 
Neuberger
 0.63 
 15.86 
Doubleline
 0.41 
 7.26 
Highland
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Good
Good
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Modest
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Very Low
Low
About Average
Low
Low
Dangerous
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Under Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Sell
Strong Sell
Strong Sell
Not Available
Not Available
Not Available
Strong Sell
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Strong Buy
Strong Hold
Buy
Strong Hold
Strong Hold
Not Rated
Buy
Strong Hold
Strong Hold
Net Asset
N/A
1.66 B
596.1 M
3.09 B
32.92 M
N/A
N/A
948.53 M
N/A
N/A
EBITDA
N/A
280.4 M
20.02 M
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Book
N/A
0.9
0.83
0.82
0.89
1.02
N/A
0.95
N/A
N/A
Five Year Return
12.31
N/A
5.86
N/A
4.94
4.55
N/A
N/A
N/A
10.37
Retained Earnings
(75.02 M)
425.31 M
170.52 M
1.52 B
N/A
(130.91 M)
N/A
(398.48 M)
N/A
N/A
One Year Return
30.99
N/A
N/A
N/A
7.43
14.32
N/A
N/A
11.8
13.56
Beta
1.07
N/A
0.67
N/A
1.27
1.02
N/A
N/A
N/A
N/A
Shares Outstanding
43.24 M
74.17 M
13.6 M
103.85 M
134.3 M
93.72 M
44.71 M
78.76 M
47.95 M
22.07 M
Three Year Return
8.29
N/A
N/A
N/A
-2.01
3.22
N/A
N/A
1.97
12.82
Cash Flow From Operations
N/A
(42.77 M)
32.02 M
N/A
92.47 M
136.78 M
N/A
N/A
N/A
N/A
Annual Yield
0.0152
0.083
0.084
0.081
0.007
0.0042
N/A
0.12
0.0058
0.007
Total Debt
N/A
3.21 M
60.69 K
N/A
710 M
950 M
N/A
9.67 M
N/A
N/A
Number Of Shares Shorted
560.4 K
55.66 K
6.17 K
479.22 K
143.07 K
178.19 K
11.12 K
33.08 K
39.35 K
5.78 K
Total Asset
213.21 M
1.66 B
596.1 M
3.09 B
32.9 M
976.54 M
N/A
948.53 M
N/A
N/A
Last Dividend Paid
1.97
N/A
2.56
N/A
0.96
1.86
0.88
N/A
1.4
0.97
Short Ratio
3.27
0.16
0.14
0.89
0.35
0.97
0.14
0.15
0.2
0.06
Shares Owned By Institutions
21.25
20.37
23.04
26.48
16.29
17.0
35.25
33.93
24.67
40.33
Market Capitalization
717.78 M
1.56 B
509.01 M
1.53 B
2.15 B
2.67 B
694.52 M
1 B
786.31 M
98.44 M
Price To Earning
4.69
5.56
6.69
N/A
2.09
31.28
8.97
N/A
N/A
3.33
Price To Sales
N/A
7.33
63.7
23.37
25.63
21.29
N/A
4.77
N/A
N/A
Net Income
N/A
279.96 M
20.02 M
N/A
(107.29 M)
69.87 M
N/A
N/A
N/A
N/A
Earnings Per Share
5.06
2.84
3.93
-0.16
6.06
-1.25
1.75
2.63
N/A
2.69
Shares Owned By Insiders
N/A
N/A
N/A
0.01
N/A
N/A
N/A
0.07
N/A
23.74
Year To Date Return
28.71
N/A
N/A
N/A
5.13
11.92
N/A
N/A
11.02
12.93
Revenue
N/A
282.21 M
8.19 M
N/A
66.23 M
110.04 M
N/A
N/A
N/A
N/A
Day Typical Price
26.39
20.75
37.55
14.73
12.13
23.39
16.34
12.74
15.8
7.31
Accumulation Distribution
0.0288
0.0395
0.0358
0.0281
0.0309
0.0191
0.0146
0.0233
0.0157
0.0229
Market Facilitation Index
0.77
0.83
1.37
0.42
0.38
0.45
0.24
0.3
0.25
0.17
Daily Balance Of Power
0.3896
0.759
0.3796
0.2381
0.7105
0.4667
0.4583
0.1
0.4
(0.18)
Period Momentum Indicator
0.3
0.63
0.52
0.1
0.27
0.21
0.11
0.03
0.1
(0.03)
Rate Of Daily Change
1.01
1.03
1.01
1.01
1.02
1.01
1.01
1.0
1.01
1.0
Day Median Price
26.39
20.62
37.61
14.73
12.11
23.38
16.31
12.74
15.78
7.34
Price Action Indicator
0.18
0.71
0.095
0.06
0.2
0.14
0.15
0.025
0.13
(0.09)
Relative Strength Index
67.03
58.26
34.49
44.7
34.65
30.75
62.81
54.6
48.19
43.66
Coefficient Of Variation
669.86
559.04
(547.67)
(1,050)
(803.59)
(835.26)
693.26
1828.94
(3,486)
(1,306)
Mean Deviation
0.5937
0.9186
0.6229
0.6508
1.03
0.7037
1.01
0.6929
0.4954
0.7349
Jensen Alpha
0.0941
0.178
(0.17)
(0.10)
(0.18)
(0.12)
0.1795
0.0276
(0.04)
(0.09)
Total Risk Alpha
0.0844
0.1668
(0.18)
(0.11)
(0.21)
(0.14)
0.1431
0.0144
(0.05)
(0.11)
Sortino Ratio
0.1013
0.1524
N/A
N/A
N/A
N/A
0.112
0.0162
N/A
N/A
Downside Variance
0.6876
1.36
N/A
N/A
N/A
N/A
1.98
1.21
N/A
N/A
Standard Deviation
0.7782
1.17
0.7887
0.8446
1.32
0.8612
1.32
0.9141
0.6542
0.9279
Kurtosis
0.7492
0.2352
1.29
1.55
(0.13)
(0.60)
0.489
0.4722
1.36
0.2705
Potential Upside
1.28
2.02
0.851
0.8536
1.91
1.21
2.23
1.36
0.8912
1.17
Treynor Ratio
0.1956
0.2051
(0.27)
(0.16)
(0.42)
(0.35)
9.23
0.0718
(0.1)
(0.21)
Maximum Drawdown
4.0
5.96
4.43
4.55
6.45
3.37
7.31
4.45
3.61
4.35
Variance
0.6056
1.37
0.6221
0.7134
1.74
0.7416
1.73
0.8356
0.428
0.861
Market Risk Adjusted Performance
0.2056
0.2151
(0.26)
(0.15)
(0.41)
(0.34)
9.24
0.0818
(0.09)
(0.20)
Risk Adjusted Performance
0.1181
0.1449
(0.14)
(0.07)
(0.09)
(0.09)
0.1183
0.0446
(0.02)
(0.06)
Skewness
(0.48)
(0.02)
(0.73)
0.5888
(0.09)
(0.23)
(0.18)
(0.54)
0.3519
(0.25)
Semi Deviation
0.6899
0.9191
N/A
N/A
N/A
N/A
1.14
0.991
N/A
N/A
Information Ratio
0.1079
0.1514
(0.22)
(0.13)
(0.15)
(0.16)
0.1198
0.0195
(0.08)
(0.11)
Value At Risk
(1.06)
(1.49)
(1.52)
(1.28)
(1.95)
(1.67)
(2.05)
(1.67)
(1.08)
(1.83)
Expected Short fall
(0.64)
(0.99)
N/A
N/A
N/A
N/A
(1.08)
(0.67)
N/A
N/A
Downside Deviation
0.8292
1.16
N/A
N/A
N/A
N/A
1.41
1.1
N/A
N/A
Semi Variance
0.476
0.8447
N/A
N/A
N/A
N/A
1.29
0.9821
N/A
N/A

Nuveen NASDAQ Competition Performance Charts

Five steps to successful analysis of Nuveen NASDAQ Competition

Nuveen NASDAQ's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nuveen NASDAQ 100 in relation to its competition. Nuveen NASDAQ's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nuveen NASDAQ in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nuveen NASDAQ's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nuveen NASDAQ 100, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Nuveen NASDAQ position

In addition to having Nuveen NASDAQ in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Consumer Goods Thematic Idea Now

Consumer Goods
Consumer Goods Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumer Goods Theme or any other thematic opportunities.
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Other Information on Investing in Nuveen Etf

Nuveen NASDAQ financial ratios help investors to determine whether Nuveen Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen NASDAQ security.
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