^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.
Correlation
The correlation between ^GDAXI and ^AEX is 0.86, 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.
Performance
^GDAXI vs. ^AEX - Performance Comparison
Key characteristics
^GDAXI:
0.85
^AEX:
-0.36
^GDAXI:
1.23
^AEX:
-0.38
^GDAXI:
1.16
^AEX:
0.95
^GDAXI:
0.92
^AEX:
-0.33
^GDAXI:
4.67
^AEX:
-1.09
^GDAXI:
3.14%
^AEX:
4.88%
^GDAXI:
17.18%
^AEX:
14.56%
^GDAXI:
-72.68%
^AEX:
-71.60%
^GDAXI:
-13.00%
^AEX:
-13.60%
Returns By Period
In the year-to-date period, ^GDAXI achieves a 2.34% return, which is significantly higher than ^AEX's -6.72% return. Over the past 10 years, ^GDAXI has outperformed ^AEX with an annualized return of 5.40%, while ^AEX has yielded a comparatively lower 4.90% annualized return.
^GDAXI
2.34%
-11.37%
5.16%
13.63%
13.58%
5.40%
^AEX
-6.72%
-9.50%
-10.52%
-7.23%
9.88%
4.90%
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Risk-Adjusted Performance
^GDAXI vs. ^AEX — Risk-Adjusted Performance Rank
^GDAXI
^AEX
^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 12.11% compared to AEX Index (^AEX) at 10.82%. 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.