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Nasdaq vs CBOE: which stock is doing better?

Nasdaq and CBOE are business rivals. Where they compete: equities and options exchange operator, listings, and market data/indices. Here is how the two stocks, and the businesses behind them, compare over the past year.

Updated Oct 9, 2026

78
CBOE P3

CBOE ahead

On Stox’s P3 score, which combines market beat, staying power and business growth, CBOE rates 78 and Nasdaq 21. Over the past year Nasdaq is +4% and CBOE +26%, against +16% for the S&P 500. CBOE has grown revenue faster, +11% against +6%. Nasdaq swings less, about 2.4% on a typical day against 3.0%. By type, Nasdaq is a Show-Me Grower and CBOE a Bellwether.

NDAQ P3 21CBOE P3 78Both in Data & analytics

The past year

NDAQ against CBOE, each set to $100 a year ago. Select a measure in the table below to chart it for both.

NDAQ against CBOE, past year
$100 a year ago. NDAQ +4%, CBOE +26%.
100120140NovDecJanFebMarAprMayJunJulAugSepOct
NDAQCBOE

NDAQ and CBOE side by side

Ahead marks the stronger reading on each line; for the typical day and the deepest fall it marks the steadier stock. Select a row with a chart to see both over the year.

MeasureNDAQCBOEAhead
Past 3 months
Share price change
+5%+10%CBOE
Past month
Share price change
+2%+6%CBOE
Revenue growth
Past four quarters against the year before
+6%+11%CBOE
Operating margin
Operating profit as a share of revenue, past four quarters
30%34%CBOE
Deepest fall
From a high, past year
−24%−37%NDAQ, held up
Market value
What the market values the company at
$52.3B$31.8B
Type
Its Stox Atlas type
Show-Me GrowerBellwether
Group
Stocks it moves with
Data & analyticsData & analyticsSame group

How to read this page

How it’s measured. Scores from Stox rank each stock against about 1,200 large US stocks and funds, where 100 is best; P3 combines market beat, staying power and business growth. Returns are share-price changes. The typical day is the average true range over 14 days as a share of the price, averaged over the past year.

Sources. Daily prices and company financial statements from Financial Modeling Prep; scores and curated rivals from Stox.

A higher score describes a stronger past year, not what comes next.

Rivals are chosen by the markets the two businesses compete in, not by sector labels.

For financial statements, valuation and news, see NDAQ and CBOE on Stox.

This page is information, not investment advice. About our data and methods ›

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