^FCHI vs. ^GDAXI

Last updated Apr 3, 2026

Compare and contrast key facts about CAC 40 (^FCHI) and DAX Performance Index (^GDAXI).

Performance

^FCHI vs. ^GDAXI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in CAC 40 (^FCHI) and DAX Performance Index (^GDAXI). The values are adjusted to include any dividend payments, if applicable.

^FCHI vs. ^GDAXI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^FCHI CAC 40	-2.30%	10.42%	-2.15%	16.52%	-9.50%	28.85%	-7.14%	26.37%	-10.95%	9.26%
^GDAXI DAX Performance Index	-5.40%	23.01%	18.85%	20.31%	-12.35%	15.79%	3.55%	25.48%	-18.26%	12.51%

Returns By Period

In the year-to-date period, ^FCHI achieves a -2.30% return, which is significantly higher than ^GDAXI's -5.40% return. Over the past 10 years, ^FCHI has underperformed ^GDAXI with an annualized return of 6.24%, while ^GDAXI has yielded a comparatively higher 8.96% annualized return.

^FCHI

• 1D: -0.24%
• 1M: -1.75%
• YTD: -2.30%
• 6M: -1.17%
• 1Y: 1.32%
• 3Y*: 2.72%
• 5Y*: 5.46%
• 10Y*: 6.24%

^GDAXI

• 1D: -0.56%
• 1M: -2.62%
• YTD: -5.40%
• 6M: -5.14%
• 1Y: 3.47%
• 3Y*: 14.14%
• 5Y*: 8.93%
• 10Y*: 8.96%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^FCHI vs. ^GDAXI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^FCHI

^FCHI Risk / Return Rank: 30
^FCHI Sharpe Ratio Rank: 18
^FCHI Sortino Ratio Rank: 16
^FCHI Omega Ratio Rank: 17
^FCHI Calmar Ratio Rank: 51
^FCHI Martin Ratio Rank: 50

^GDAXI

^GDAXI Risk / Return Rank: 25
^GDAXI Sharpe Ratio Rank: 22
^GDAXI Sortino Ratio Rank: 20
^GDAXI Omega Ratio Rank: 21
^GDAXI Calmar Ratio Rank: 30
^GDAXI Martin Ratio Rank: 31

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.

^FCHI vs. ^GDAXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CAC 40 (^FCHI) and DAX Performance Index (^GDAXI). 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.

	^FCHI	^GDAXI	Difference
Sharpe ratio Return per unit of total volatility	0.08	0.20	-0.11
Sortino ratio Return per unit of downside risk	0.21	0.38	-0.17
Omega ratio Gain probability vs. loss probability	1.03	1.05	-0.02
Calmar ratio Return relative to maximum drawdown	1.35	0.54	+0.80
Martin ratio Return relative to average drawdown	4.63	1.91	+2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^FCHI vs. ^GDAXI - Sharpe Ratio Comparison

The current ^FCHI Sharpe Ratio is 0.08, which is lower than the ^GDAXI Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of ^FCHI and ^GDAXI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^FCHI	^GDAXI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	0.20	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.53	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.49	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.41	-0.20

Correlation

The correlation between ^FCHI and ^GDAXI is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

^FCHI vs. ^GDAXI - Drawdown Comparison

The maximum ^FCHI drawdown since its inception was -65.29%, smaller than the maximum ^GDAXI drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for ^FCHI and ^GDAXI.

Drawdown Indicators

	^FCHI	^GDAXI	Difference
Max Drawdown Largest peak-to-trough decline	-65.29%	-72.68%	+7.39%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-12.27%	+1.19%
Max Drawdown (5Y) Largest decline over 5 years	-23.04%	-26.40%	+3.36%
Max Drawdown (10Y) Largest decline over 10 years	-38.56%	-38.78%	+0.22%
Current Drawdown Current decline from peak	-7.64%	-8.86%	+1.22%
Average Drawdown Average peak-to-trough decline	-23.58%	-14.75%	-8.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	3.50%	-0.27%

Volatility

^FCHI vs. ^GDAXI - Volatility Comparison

The current volatility for CAC 40 (^FCHI) is 5.18%, while DAX Performance Index (^GDAXI) has a volatility of 6.64%. This indicates that ^FCHI experiences smaller price fluctuations and is considered to be less risky than ^GDAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^FCHI	^GDAXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.18%	6.64%	-1.46%
Volatility (6M) Calculated over the trailing 6-month period	9.46%	11.28%	-1.82%
Volatility (1Y) Calculated over the trailing 1-year period	15.86%	17.64%	-1.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.17%	16.80%	-0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.66%	18.30%	-0.64%