^GDAXI vs. ^AEX
Compare and contrast key facts about DAX Performance Index (^GDAXI) and AEX Index (^AEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GDAXI or ^AEX.
Performance
^GDAXI vs. ^AEX - Performance Comparison
Returns By Period
In the year-to-date period, ^GDAXI achieves a 14.29% return, which is significantly higher than ^AEX's 10.08% return. Over the past 10 years, ^GDAXI has underperformed ^AEX with an annualized return of 6.90%, while ^AEX has yielded a comparatively higher 7.32% annualized return.
^GDAXI
14.29%
-1.42%
2.43%
19.98%
7.69%
6.90%
^AEX
10.08%
-3.47%
-5.27%
13.96%
7.76%
7.32%
Key characteristics
| ^GDAXI | ^AEX | |
|---|---|---|
| Sharpe Ratio | 1.68 | 1.12 |
| Sortino Ratio | 2.31 | 1.62 |
| Omega Ratio | 1.29 | 1.21 |
| Calmar Ratio | 2.46 | 1.46 |
| Martin Ratio | 9.10 | 3.97 |
| Ulcer Index | 2.19% | 3.36% |
| Daily Std Dev | 11.79% | 11.80% |
| Max Drawdown | -72.68% | -71.60% |
| Current Drawdown | -2.60% | -8.34% |
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Correlation
The correlation between ^GDAXI and ^AEX is 0.79, 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.
Risk-Adjusted Performance
^GDAXI vs. ^AEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DAX Performance Index (^GDAXI) 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.
Drawdowns
^GDAXI vs. ^AEX - Drawdown Comparison
The maximum ^GDAXI drawdown since its inception was -72.68%, roughly equal to the maximum ^AEX drawdown of -71.60%. Use the drawdown chart below to compare losses from any high point for ^GDAXI and ^AEX. For additional features, visit the drawdowns tool.
Volatility
^GDAXI vs. ^AEX - Volatility Comparison
DAX Performance Index (^GDAXI) has a higher volatility of 5.53% compared to AEX Index (^AEX) at 4.69%. This indicates that ^GDAXI'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.