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Performance

^AEX Performance Chart

AEX Index (^AEX) is up 13.3% since the beginning of the year. ^AEX is currently trading at €1,078 per share. Investors who bought €1,000 worth of ^AEX shares 5 years ago would now be looking at an investment worth €1,498.


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S&P 500 Index

Returns By Period

AEX Index (^AEX) has returned 13.34% so far this year and 18.67% over the past 12 months. Over the last ten years, ^AEX has returned 9.37% per year, falling short of the S&P 500 Index benchmark, which averaged 13.56% annually.


AEX Index

1D
-0.30%
1M
3.17%
YTD
13.34%
6M
14.37%
1Y
18.67%
3Y*
12.21%
5Y*
8.42%
10Y*
9.37%

Benchmark (S&P 500 Index)

1D
-0.05%
1M
1.52%
YTD
12.23%
6M
11.82%
1Y
26.29%
3Y*
17.89%
5Y*
12.96%
10Y*
13.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

^AEX Monthly Returns History

Based on dividend-adjusted daily data since Oct 12, 1992, ^AEX's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Oct 2002 with a return of +15.7%, while the worst month was Sep 2002 at -20.3%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 7 months.

On a daily basis, ^AEX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +10.6%, while the worst single day was Mar 12, 2020 at -10.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.29%2.53%-6.55%5.66%2.06%4.18%13.34%
20254.93%0.00%-2.51%-2.33%5.13%-1.05%-1.23%-0.60%5.15%3.04%-2.89%0.84%8.27%
20243.99%3.69%3.93%-0.33%2.82%2.24%-0.35%-0.21%-0.93%-3.95%0.86%-0.35%11.67%
20238.15%1.04%0.43%0.31%-1.27%3.35%2.33%-6.11%-1.99%-1.40%6.46%2.85%14.20%
2022-5.36%-3.37%-0.76%-1.83%0.27%-7.53%10.65%-6.74%-5.83%4.68%7.97%-4.85%-13.65%
20212.00%2.22%7.46%1.10%0.25%2.84%3.40%4.42%-1.99%5.05%-4.13%2.64%27.75%

Benchmark Metrics

AEX Index has an annualized alpha of -0.53%, beta of 0.53, and R2 of 0.28 versus S&P 500 Index. Calculated based on daily prices since October 12, 1992.

  • This index participated in 96.90% of S&P 500 Index downside but only 69.71% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.53 may look defensive, but with R2 of 0.28 this index is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this index's risk.
  • R2 of 0.28 means this index moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-0.53%
Beta
0.53
0.28
Upside Capture
69.71%
Downside Capture
96.90%

Return for Risk

Risk / Return Rank

^AEX ranks 49 for risk / return — on par with similar indices. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


^AEX Risk / Return Rank: 4949
Overall Rank
^AEX Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
^AEX Sortino Ratio Rank: 4444
Sortino Ratio Rank
^AEX Omega Ratio Rank: 4343
Omega Ratio Rank
^AEX Calmar Ratio Rank: 6969
Calmar Ratio Rank
^AEX Martin Ratio Rank: 4848
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for AEX Index (^AEX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


^AEXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.73

Sortino ratioReturn per unit of downside risk

-0.76

Omega ratioGain probability vs. loss probability

1.24

1.39

-0.15

Calmar ratioReturn relative to maximum drawdown

2.69

3.49

-0.80

Martin ratioReturn relative to average drawdown

7.09

12.93

-5.84

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the AEX Index. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the AEX Index was 71.60%, occurring on Mar 9, 2009. Recovery took 3086 trading sessions.

The current AEX Index drawdown is 0.42%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-71.60%Mar 2009
8y 6mo12y 26d
20y 7moSep 2000 - Apr 2021
1998 bear market1998
-37.09%Oct 1998
2mo 19d1y 1mo
1y 3moJul 1998 - Nov 1999
Bear market2022
-23.80%Oct 2022
11mo1y 3mo
2y 2moNov 2021 - Feb 2024
1997 correction1997
-17.33%Oct 1997
2mo 21d3mo 23d
6mo 14dAug 1997 - Feb 1998
2025 selloff2025
-16.03%Apr 2025
1mo 20d5mo 26d
7mo 16dFeb 2025 - Oct 2025

Drawdown Indicators


^AEXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-71.60%

-51.62%

-19.98%

Max Drawdown (1Y)

Largest decline over 1 year

-6.82%

-7.57%

+0.75%

Max Drawdown (3Y)

Largest decline over 3 years

-16.03%

-23.99%

+7.96%

Max Drawdown (5Y)

Largest decline over 5 years

-23.80%

-23.99%

+0.19%

Max Drawdown (10Y)

Largest decline over 10 years

-35.78%

-33.42%

-2.36%

Current Drawdown

Current decline from peak

-0.42%

-0.05%

-0.37%

Average Drawdown

Average peak-to-trough decline

-25.64%

-9.08%

-16.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.60%

2.04%

+0.56%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with ^AEX

Add AEX Index to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with ^AEX