PortfoliosLab logoPortfoliosLab logo

Share Price Chart


Loading charts...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

^GDAXI Performance Chart

DAX Performance Index (^GDAXI) is up 1.3% since the beginning of the year. ^GDAXI is currently trading at €24,796 per share. Investors who bought €1,000 worth of ^GDAXI shares 5 years ago would now be looking at an investment worth €1,580.


Loading charts...

S&P 500 Index

Returns By Period

DAX Performance Index (^GDAXI) has returned 1.25% so far this year and 2.92% over the past 12 months. Over the last ten years, ^GDAXI has returned 9.39% per year, falling short of the S&P 500 Index benchmark, which averaged 13.42% annually.


DAX Performance Index

1D
-1.31%
1M
3.35%
YTD
1.25%
6M
4.65%
1Y
2.92%
3Y*
15.60%
5Y*
9.58%
10Y*
9.39%

Benchmark (S&P 500 Index)

1D
-0.52%
1M
5.65%
YTD
11.67%
6M
10.88%
1Y
24.00%
3Y*
17.62%
5Y*
13.35%
10Y*
13.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

^GDAXI Monthly Returns History

Based on dividend-adjusted daily data since Jan 2, 1980, ^GDAXI's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2003 with a return of +21.4%, while the worst month was Sep 2002 at -25.4%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ^GDAXI closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +11.4%, while the worst single day was Oct 16, 1989 at -13.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.20%3.04%-10.30%7.11%3.34%-1.23%1.25%
20259.16%3.77%-1.72%1.50%6.67%-0.37%0.65%-0.68%-0.09%0.32%-0.51%2.74%23.01%
20240.91%4.58%4.61%-3.03%3.16%-1.42%1.50%2.15%2.21%-1.28%2.88%1.44%18.85%
20238.65%1.57%1.72%1.88%-1.62%3.09%1.85%-3.04%-3.51%-3.75%9.49%3.31%20.31%
2022-2.60%-6.53%-0.32%-2.20%2.06%-11.15%5.48%-4.81%-5.61%9.41%8.63%-3.29%-12.35%
2021-2.08%2.63%8.86%0.85%1.88%0.71%0.09%1.87%-3.63%2.81%-3.75%5.20%15.79%

Benchmark Metrics

DAX Performance Index has an annualized alpha of 1.98%, beta of 0.56, and R2 of 0.27 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.

  • This index participated in 92.90% of S&P 500 Index downside but only 78.61% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.56 may look defensive, but with R2 of 0.27 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 0.27 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
1.98%
Beta
0.56
0.27
Upside Capture
78.61%
Downside Capture
92.90%

Return for Risk

Risk / Return Rank

^GDAXI ranks 20 for risk / return — in the bottom 20% of indices on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


^GDAXI Risk / Return Rank: 2020
Overall Rank
^GDAXI Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
^GDAXI Sortino Ratio Rank: 1818
Sortino Ratio Rank
^GDAXI Omega Ratio Rank: 1717
Omega Ratio Rank
^GDAXI Calmar Ratio Rank: 2121
Calmar Ratio Rank
^GDAXI Martin Ratio Rank: 2323
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 DAX Performance Index (^GDAXI) and compare them to S&P 500 Index.


^GDAXIBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.18

1.96

-1.78

Sortino ratio

Return per unit of downside risk

0.38

2.57

-2.19

Omega ratio

Gain probability vs. loss probability

1.04

1.36

-0.32

Calmar ratio

Return relative to maximum drawdown

0.24

3.19

-2.95

Martin ratio

Return relative to average drawdown

0.74

11.89

-11.15

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.


Loading charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the DAX Performance 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 DAX Performance Index was 72.68%, occurring on Mar 12, 2003. Recovery took 1105 trading sessions.

The current DAX Performance Index drawdown is 2.46%.


Related event

Drawdown

Fall

Recovery

Underwater

2003 bear market2003
-72.68%Mar 2003
3y 4d4y 3mo
7y 3moMar 2000 - Jun 2007
Financial crisis2007–2009
-54.77%Mar 2009
1y 7mo4y 1mo
5y 9moJul 2007 - May 2013
1988 bear market1988
-40.98%Jan 1988
1y 9mo1y 6mo
3y 3moApr 1986 - Aug 1989
COVID crash2020
-38.78%Mar 2020
27d9mo 15d
10mo 12dFeb 2020 - Dec 2020
1998 bear market1998
-37.57%Oct 1998
2mo 19d1y 2mo
1y 4moJul 1998 - Dec 1999

Drawdown Indicators


^GDAXIBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-72.68%

-51.62%

-21.06%

Max Drawdown (1Y)

Largest decline over 1 year

-12.27%

-7.57%

-4.70%

Max Drawdown (3Y)

Largest decline over 3 years

-16.01%

-23.99%

+7.98%

Max Drawdown (5Y)

Largest decline over 5 years

-26.40%

-23.99%

-2.41%

Max Drawdown (10Y)

Largest decline over 10 years

-38.78%

-33.42%

-5.36%

Current Drawdown

Current decline from peak

-2.46%

-0.52%

-1.94%

Average Drawdown

Average peak-to-trough decline

-14.71%

-9.08%

-5.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.92%

2.02%

+1.90%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading charts...

Portfolio Analyzer

Build a portfolio with ^GDAXI

Add DAX Performance 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 ^GDAXI