FUTU vs. NDAQ: Futu vs. Nasdaq Stock Comparison

November 11, 2026

How do Futu (FUTU) and Nasdaq (NDAQ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Futu (FUTU) and Nasdaq (NDAQ) both belong to the Capital Markets industry, though FUTU is classified under Investment Banking & Brokerage while NDAQ falls under Financial Exchanges & Data.

Nasdaq (NDAQ) trades as ordinary local shares, while Futu (FUTU) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Futu (FUTU) and Nasdaq (NDAQ)
Profile Item	FUTU	NDAQ
Name	Futu Holdings Ltd. ADR	Nasdaq, Inc. Common Stock
Country/Region	Hong Kong	United States
GICS Sector	Financials	Financials
GICS Industry Group	Financial Services	Financial Services
GICS Industry	Capital Markets	Capital Markets
GICS Sub-Industry	Investment Banking & Brokerage	Financial Exchanges & Data
Market Capitalization	13.75 billion USD	59.88 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	March 8, 2019	July 1, 2002
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

FUTU

NDAQ

GSPC

Futu (FUTU) vs. Nasdaq (NDAQ), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Futu (FUTU) and Nasdaq (NDAQ). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Futu (FUTU) and Nasdaq (NDAQ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Futu (FUTU) and Nasdaq (NDAQ)
Metric	FUTU	NDAQ
Total Return (1Y)	-45.15%	26.55%
Total Return (3Y, Annualized)	22.02%	30.18%
Total Return (5Y, Annualized)	13.70%	10.68%

Risk Profile

Drawdown History

FUTU

NDAQ

GSPC

Futu (FUTU) vs. Nasdaq (NDAQ), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Futu (FUTU) and Nasdaq (NDAQ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Futu (FUTU) and Nasdaq (NDAQ)
Metric	FUTU	NDAQ
Volatility (1Y, Annualized)	59.94%	28.74%
Beta (5Y)	0.68	0.94
Max Drawdown (5Y)	-60.17%	-32.57%
Avg. Volume (3M)	1.18M	3.13M

Risk-Adjusted Performance

Risk-Return Positioning

FUTU and NDAQ are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Futu (FUTU) and Nasdaq (NDAQ)
Metric	FUTU	NDAQ
Sharpe Ratio (1Y)	-0.82	0.77
Sortino Ratio (1Y)	-1.10	1.09

Profitability

ROE (TTM)

Futu (FUTU) at 30.52% sits in the top ROE quartile, while Nasdaq (NDAQ) at 17.33% is closer to the peer norm — stronger capital efficiency for FUTU.

FUTU

Financial Services industry group

30.52%

Max: 44.78%
FUTU: 30.52%
Q3: 21.85%
Median: 12.91%
Q1: 4.48%
Min: -18.71%

NDAQ

Financial Services industry group

17.33%

Max: 44.78%
Q3: 21.85%
NDAQ: 17.33%
Median: 12.91%
Q1: 4.48%
Min: -18.71%

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Futu (FUTU) at 46.20% and Nasdaq (NDAQ) at 36.06% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

FUTU

Financial Services industry group

46.20%

Max: 62.84%
FUTU: 46.20%
Q3: 28.05%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

NDAQ

Financial Services industry group

36.06%

Max: 62.84%
NDAQ: 36.06%
Q3: 28.05%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Futu (FUTU) at 66.75% operates in the top operating margin quartile, ahead of Nasdaq (NDAQ) at 50.57%, which runs around its industry’s norm.

FUTU

Financial Services industry group

66.75%

Max: 107.33%
FUTU: 66.75%
Q3: 55.90%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

NDAQ

Financial Services industry group

50.57%

Max: 107.33%
Q3: 55.90%
NDAQ: 50.57%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Futu (FUTU) and Nasdaq (NDAQ)
Metric	FUTU	NDAQ
ROE (TTM)	30.52%	17.33%
ROA (TTM)	4.51%	6.10%
Net Margin (TTM)	46.20%	36.06%
Operating Margin (TTM)	66.75%	50.57%
Gross Margin (TTM)	--	--

Growth

Revenue Growth

Futu (FUTU) at 68.11% clears its industry range for revenue growth, far stronger top-line momentum than Nasdaq (NDAQ) at 11.65%, which is closer to a typical peer reading.

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Futu (FUTU) at 106.38% and Nasdaq (NDAQ) at 60.10% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Futu (FUTU) and Nasdaq (NDAQ)
Metric	FUTU	NDAQ
Revenue Growth (YoY)	68.11%	11.65%
Revenue Growth (3Y CAGR)	44.24%	9.89%
EPS Growth (YoY)	106.38%	60.10%
EPS Growth (3Y CAGR)	58.06%	10.99%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Futu (FUTU) in Financial Services and Nasdaq (NDAQ) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Futu (FUTU) in Financial Services and Nasdaq (NDAQ) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Futu (FUTU) and Nasdaq (NDAQ)
Metric	FUTU	NDAQ
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Futu (FUTU) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Nasdaq (NDAQ) reports a yield of 1.09%, ranking against industry peers normally.

FUTU

Financial Services industry group

0.00%

Max: 9.77%
Q3: 3.92%
Median: 1.09%
FUTU: 0.00%
Q1: 0.00%
Min: 0.00%

NDAQ

Financial Services industry group

1.09%

Max: 9.77%
Q3: 3.92%
Median: 1.09%
NDAQ: 1.09%
Q1: 0.00%
Min: 0.00%

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Futu (FUTU) at 25.80% and Nasdaq (NDAQ) at 31.69% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

FUTU

Financial Services industry group

25.80%

Max: 241.07%
Q3: 97.36%
FUTU: 25.80%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

NDAQ

Financial Services industry group

31.69%

Max: 241.07%
Q3: 97.36%
NDAQ: 31.69%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Futu (FUTU) and Nasdaq (NDAQ)
Metric	FUTU	NDAQ
Dividend Yield (TTM)	0.00%	1.09%
Dividend Payout Ratio (TTM)	25.80%	31.69%

Valuation

P/E Ratio (TTM)

Futu (FUTU) at 9.73 is near its industry’s usual P/E ratio, while Nasdaq (NDAQ) at 29.27 sits in the richer quartile — NDAQ needs stronger growth or earnings quality to justify the premium.

FUTU

Financial Services industry group

9.73

Max: 45.85
Q3: 24.64
Median: 15.37
FUTU: 9.73
Q1: 9.68
Min: 0.16

NDAQ

Financial Services industry group

29.27

Max: 45.85
NDAQ: 29.27
Q3: 24.64
Median: 15.37
Q1: 9.68
Min: 0.16

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

Futu (FUTU) at 0.57 sits in the cheaper P/S ratio quartile while Nasdaq (NDAQ) at 10.36 prices above its industry range — a wide gap in sales valuation between them.

FUTU

Financial Services industry group

0.57

Max: 9.23
Q3: 4.57
Median: 2.72
Q1: 1.28
FUTU: 0.57
Min: -0.55

NDAQ

Financial Services industry group

10.36

NDAQ: 10.36
Max: 9.23
Q3: 4.57
Median: 2.72
Q1: 1.28
Min: -0.55

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Futu (FUTU) at 2.75 is valued about in line with its industry on P/B ratio, while Nasdaq (NDAQ) at 4.99 carries an above-peer premium to book — NDAQ is pricier on assets.

FUTU

Financial Services industry group

2.75

Max: 7.79
Q3: 3.63
FUTU: 2.75
Median: 1.57
Q1: 0.81
Min: -0.39

NDAQ

Financial Services industry group

4.99

Max: 7.79
NDAQ: 4.99
Q3: 3.63
Median: 1.57
Q1: 0.81
Min: -0.39

Futu (FUTU) vs. Nasdaq (NDAQ): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Futu (FUTU) and Nasdaq (NDAQ)
Metric	FUTU	NDAQ
P/E Ratio (TTM)	9.73	29.27
P/S Ratio (TTM)	0.57	10.36
P/B Ratio (MRQ)	2.75	4.99
Free Cash Flow Yield (TTM)	--	--