Is Virtu Financial a Better Buy Than Nasdaq?

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Nasdaq surged 10% during the past Week. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Virtu Financial gives you more. Virtu Financial (VIRT) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Nasdaq (NDAQ) stock, suggesting you may be better off investing in VIRT

  • VIRT’s quarterly revenue growth was 16.7%, vs. NDAQ’s 4.6%.
  • In addition, its Last 12 Months revenue growth came in at 35.6%, ahead of NDAQ’s 11.7%.
  • VIRT leads on profitability over both periods – LTM margin of 48.6% and 3-year average of 43.8%.

These differences become even clearer when you look at the financials side by side. The table highlights how NDAQ’s fundamentals stack up against those of VIRT on growth, margins, momentum, and valuation multiples.

Trefis: NDAQ Stock Insights

Valuation & Performance Overview

  NDAQ VIRT Preferred
     
Valuation      
P/EBIT Ratio 20.7 2.1 VIRT
     
Revenue Growth      
Last Quarter 4.6% 16.7% VIRT
Last 12 Months 11.7% 35.6% VIRT
Last 3 Year Average 10.4% 12.5% VIRT
     
Operating Margins      
Last 12 Months 29.4% 48.6% VIRT
Last 3 Year Average 28.5% 43.8% VIRT
     
Momentum      
Last 3 Year Return 64.2% 158.9% VIRT

Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: NDAQ Revenue Comparison | VIRT Revenue Comparison
See more margin details: NDAQ Operating Income Comparison | VIRT Operating Income Comparison

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See detailed fundamentals on Buy or Sell VIRT Stock and Buy or Sell NDAQ Stock. Below we compare market return and related metrics across years.

Historical Market Performance

  2021 2022 2023 2024 2025 2026 Total [1] Avg Best
Returns
NDAQ Return 60% -11% -4% 35% 27% -10% 112%   <===
VIRT Return 19% -27% 5% 83% -4% 25% 100%    
S&P 500 Return 27% -19% 24% 23% 16% 0% 83%    
Monthly Win Rates [3]
NDAQ Win Rate 83% 33% 50% 58% 67% 0%   49%  
VIRT Win Rate 50% 42% 50% 75% 50% 67%   56%  
S&P 500 Win Rate 75% 42% 67% 75% 67% 33%   60% <===
Max Drawdowns [4]
NDAQ Max Drawdown -1% -32% -22% -5% -14% -19%   -15%  
VIRT Max Drawdown -4% -28% -18% -20% -8% -2%   -13%  
S&P 500 Max Drawdown -1% -25% -1% -2% -15% -1%   -7% <===

[1] Cumulative total returns since the beginning of 2021
[2] 2026 data is for the year up to 3/2/2026 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year

No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read VIRT Dip Buyer Analyses and NDAQ Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.

Still not sure about NDAQ or VIRT? Consider portfolio approach.

Portfolios Beat Stock Picking

Stocks can jump or crash but long term success comes from staying invested. The right portfolio helps you ride gains and cushion single stock drops.

Why settle for average market returns? The Trefis High Quality (HQ) Portfolio invests in a diverse group of 30 stocks that have collectively delivered stronger upside with reduced volatility compared to the broader indices. Discover the methodology behind these smoother, higher returns by checking the HQ Portfolio performance data.