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STOXX Europe 600 Index (^STOXX)
Performance
Return for Risk
Drawdowns
Volatility

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of €10,000 in STOXX Europe 600 Index, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

^STOXX is traded in EUR, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to EUR using the latest available exchange rates.

Returns By Period

STOXX Europe 600 Index (^STOXX) has returned -1.53% so far this year and 9.22% over the past 12 months. Over the last ten years, ^STOXX has returned 5.76% per year, falling short of the S&P 500 Index benchmark, which averaged 11.99% annually.


STOXX Europe 600 Index

1D
0.41%
1M
-8.00%
YTD
-1.53%
6M
4.47%
1Y
9.22%
3Y*
8.40%
5Y*
6.17%
10Y*
5.76%

Benchmark (S&P 500 Index)

1D
2.02%
1M
-2.96%
YTD
-3.12%
6M
-0.95%
1Y
8.84%
3Y*
14.21%
5Y*
10.59%
10Y*
11.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 31, 1991, ^STOXX's average daily return is +0.03%, while the average monthly return is +0.52%. At this rate, your investment would double in approximately 11.1 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +13.7%, while the worst month was Mar 2020 at -14.8%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ^STOXX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +9.9%, while the worst single day was Mar 12, 2020 at -11.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.18%3.74%-8.00%-1.53%
20256.29%3.27%-4.18%-1.21%4.02%-1.33%0.88%0.74%1.46%2.46%0.79%2.73%16.66%
20241.39%1.84%3.65%-1.52%2.63%-1.30%1.32%1.33%-0.41%-3.35%0.96%-0.52%5.98%
20236.67%1.74%-0.71%1.92%-3.19%2.25%2.04%-2.79%-1.74%-3.68%6.45%3.77%12.73%
2022-3.88%-3.36%0.61%-1.20%-1.56%-8.15%7.64%-5.29%-6.57%6.28%6.75%-3.44%-12.90%
2021-0.80%2.31%6.08%1.81%2.14%1.36%1.97%1.98%-3.41%4.55%-2.64%5.37%22.25%

Benchmark Metrics

STOXX Europe 600 Index has an annualized alpha of -1.81%, beta of 0.50, and R² of 0.30 versus S&P 500 Index. Calculated based on daily prices since January 02, 1992.

  • This index participated in 88.65% of S&P 500 Index downside but only 58.96% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.50 may look defensive, but with R² of 0.30 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 0.30 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
-1.81%
Beta
0.50
0.30
Upside Capture
58.96%
Downside Capture
88.65%

Return for Risk

Risk / Return Rank

^STOXX ranks 54 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.


^STOXX Risk / Return Rank: 5454
Overall Rank
^STOXX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
^STOXX Sortino Ratio Rank: 3232
Sortino Ratio Rank
^STOXX Omega Ratio Rank: 3939
Omega Ratio Rank
^STOXX Calmar Ratio Rank: 7777
Calmar Ratio Rank
^STOXX Martin Ratio Rank: 8484
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 STOXX Europe 600 Index (^STOXX) and compare them to a chosen benchmark (S&P 500 Index).


^STOXXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.63

0.43

+0.20

Sortino ratio

Return per unit of downside risk

0.88

0.73

+0.16

Omega ratio

Gain probability vs. loss probability

1.14

1.11

+0.02

Calmar ratio

Return relative to maximum drawdown

1.83

0.67

+1.16

Martin ratio

Return relative to average drawdown

7.48

2.80

+4.68

Explore ^STOXX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

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 STOXX Europe 600 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 STOXX Europe 600 Index was 61.04%, occurring on Mar 9, 2009. Recovery took 1560 trading sessions.

The current STOXX Europe 600 Index drawdown is 8.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-61.04%Mar 7, 20002298Mar 9, 20091560Apr 9, 20153858
-35.55%Feb 20, 202020Mar 18, 2020268Apr 6, 2021288
-32.68%Jul 21, 199858Oct 8, 1998174Jun 18, 1999232
-26.68%Apr 16, 2015214Feb 11, 2016984Dec 16, 20191198
-22.55%Jan 6, 2022189Sep 29, 2022359Feb 22, 2024548

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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