^ASCX vs. ^AEX
^ASCX (Amsterdam Small Cap Index) and ^AEX (AEX Index) are both indexes. Over the past 10 years, ^ASCX returned 8.17%/yr vs 8.90%/yr for ^AEX. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
^ASCX vs. ^AEX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with ^ASCX having a 10.05% return and ^AEX slightly lower at 10.04%. Over the past 10 years, ^ASCX has underperformed ^AEX with an annualized return of 8.17%, while ^AEX has yielded a comparatively higher 8.90% annualized return.
^ASCX
- 1D
- 0.19%
- 1M
- 2.97%
- YTD
- 10.05%
- 6M
- 9.49%
- 1Y
- 11.97%
- 3Y*
- 10.48%
- 5Y*
- 4.10%
- 10Y*
- 8.17%
^AEX
- 1D
- 0.27%
- 1M
- 3.19%
- YTD
- 10.04%
- 6M
- 10.45%
- 1Y
- 13.29%
- 3Y*
- 11.10%
- 5Y*
- 7.77%
- 10Y*
- 8.90%
^ASCX vs. ^AEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^ASCX Amsterdam Small Cap Index | 10.05% | 23.27% | 4.96% | 0.76% | -14.65% | 20.68% | 12.20% | 16.52% | -18.77% | 31.02% |
^AEX AEX Index | 10.04% | 8.27% | 11.67% | 14.20% | -13.65% | 27.75% | 3.31% | 23.92% | -10.41% | 12.71% |
Correlation
The correlation between ^ASCX and ^AEX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2000 | 0.65 |
The correlation between ^ASCX and ^AEX shifts across timeframes, from 0.50 (1 year) to 0.65 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
^ASCX vs. ^AEX — Risk / Return Rank
^ASCX
^AEX
^ASCX vs. ^AEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amsterdam Small Cap Index (^ASCX) and AEX Index (^AEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ^ASCX | ^AEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.18 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.92 | -0.60 |
| Martin ratioReturn relative to average drawdown | 3.38 | 4.50 | -1.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ^ASCX | ^AEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.99 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.50 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.54 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.37 | -0.09 |
Drawdowns
^ASCX vs. ^AEX - Drawdown Comparison
The maximum ^ASCX drawdown since its inception was -68.24%, roughly equal to the maximum ^AEX drawdown of -71.60%. Use the drawdown chart below to compare losses from any high point for ^ASCX and ^AEX.
Loading charts...
Drawdown Indicators
| ^ASCX | ^AEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.24% | -71.60% | +3.36% |
Max Drawdown (1Y)Largest decline over 1 year | -8.90% | -6.82% | -2.08% |
Max Drawdown (3Y)Largest decline over 3 years | -14.68% | -16.03% | +1.35% |
Max Drawdown (5Y)Largest decline over 5 years | -23.58% | -23.80% | +0.22% |
Max Drawdown (10Y)Largest decline over 10 years | -44.79% | -35.78% | -9.01% |
Current DrawdownCurrent decline from peak | -4.16% | -0.61% | -3.55% |
Average DrawdownAverage peak-to-trough decline | -23.99% | -22.61% | -1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.52% | 2.94% | +0.58% |
Volatility
^ASCX vs. ^AEX - Volatility Comparison
Amsterdam Small Cap Index (^ASCX) has a higher volatility of 4.75% compared to AEX Index (^AEX) at 3.91%. This indicates that ^ASCX's price experiences larger fluctuations and is considered to be riskier than ^AEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ^ASCX | ^AEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.75% | 3.91% | +0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 11.15% | 10.64% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.30% | 13.28% | +1.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.12% | 15.41% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 16.22% | +0.75% |
Frequently Asked Questions
^ASCX and ^AEX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^ASCX has higher volatility (4.75%) compared to ^AEX (3.91%). In terms of maximum drawdown, ^ASCX dropped -68.24% vs ^AEX's -71.60%.
^AEX currently has the higher Sharpe Ratio (0.99 vs 0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ^ASCX and ^AEX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer