^STOXX vs. EURUSD=X

Last updated Apr 1, 2026

Compare and contrast key facts about STOXX Europe 600 Index (^STOXX) and EUR/USD (EURUSD=X).

Performance

^STOXX vs. EURUSD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in STOXX Europe 600 Index (^STOXX) and EUR/USD (EURUSD=X). The values are adjusted to include any dividend payments, if applicable.

^STOXX vs. EURUSD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^STOXX STOXX Europe 600 Index	-1.53%	16.66%	5.98%	12.73%	-12.90%	22.25%	-4.04%	23.16%	-13.24%	7.68%
EURUSD=X EUR/USD	0.10%	-0.03%	0.01%	0.07%	-0.18%	0.16%	-0.12%	0.27%	-0.19%	0.11%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, ^STOXX achieves a -1.53% return, which is significantly lower than EURUSD=X's 0.10% return. Over the past 10 years, ^STOXX has outperformed EURUSD=X with an annualized return of 5.76%, while EURUSD=X has yielded a comparatively lower 0.01% annualized return.

^STOXX

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

EURUSD=X

• 1D: 0.09%
• 1M: 0.10%
• YTD: 0.10%
• 6M: 0.09%
• 1Y: 0.13%
• 3Y*: 0.03%
• 5Y*: 0.02%
• 10Y*: 0.01%

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

Return for Risk

^STOXX vs. EURUSD=X — Risk / Return Rank

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

^STOXX

^STOXX Risk / Return Rank: 59
^STOXX Sharpe Ratio Rank: 46
^STOXX Sortino Ratio Rank: 38
^STOXX Omega Ratio Rank: 43
^STOXX Calmar Ratio Rank: 79
^STOXX Martin Ratio Rank: 86

EURUSD=X

EURUSD=X Risk / Return Rank: 67
EURUSD=X Sharpe Ratio Rank: 79
EURUSD=X Sortino Ratio Rank: 81
EURUSD=X Omega Ratio Rank: 77
EURUSD=X Calmar Ratio Rank: 48
EURUSD=X Martin Ratio Rank: 48

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.

^STOXX vs. EURUSD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STOXX Europe 600 Index (^STOXX) and EUR/USD (EURUSD=X). 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.

	^STOXX	EURUSD=X	Difference
Sharpe ratio Return per unit of total volatility	0.63	0.10	+0.53
Sortino ratio Return per unit of downside risk	0.88	0.15	+0.74
Omega ratio Gain probability vs. loss probability	1.14	1.03	+0.11
Calmar ratio Return relative to maximum drawdown	1.83	0.38	+1.45
Martin ratio Return relative to average drawdown	7.48	2.25	+5.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^STOXX vs. EURUSD=X - Sharpe Ratio Comparison

The current ^STOXX Sharpe Ratio is 0.63, which is higher than the EURUSD=X Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of ^STOXX and EURUSD=X, 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

	^STOXX	EURUSD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	0.10	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.03	+0.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.01	+0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.00	+0.29

Correlation

The correlation between ^STOXX and EURUSD=X is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

^STOXX vs. EURUSD=X - Drawdown Comparison

The maximum ^STOXX drawdown since its inception was -61.04%, which is greater than EURUSD=X's maximum drawdown of -1.76%. Use the drawdown chart below to compare losses from any high point for ^STOXX and EURUSD=X.

Drawdown Indicators

	^STOXX	EURUSD=X	Difference
Max Drawdown Largest peak-to-trough decline	-61.04%	-40.01%	-21.03%
Max Drawdown (1Y) Largest decline over 1 year	-12.93%	-5.19%	-7.74%
Max Drawdown (5Y) Largest decline over 5 years	-22.55%	-21.68%	-0.87%
Max Drawdown (10Y) Largest decline over 10 years	-35.55%	-23.31%	-12.24%
Current Drawdown Current decline from peak	-8.00%	-27.63%	+19.63%
Average Drawdown Average peak-to-trough decline	-16.84%	-23.15%	+6.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	2.02%	+0.32%

Volatility

^STOXX vs. EURUSD=X - Volatility Comparison

STOXX Europe 600 Index (^STOXX) has a higher volatility of 5.90% compared to EUR/USD (EURUSD=X) at 0.46%. This indicates that ^STOXX's price experiences larger fluctuations and is considered to be riskier than EURUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^STOXX	EURUSD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.90%	0.46%	+5.44%
Volatility (6M) Calculated over the trailing 6-month period	8.65%	0.48%	+8.17%
Volatility (1Y) Calculated over the trailing 1-year period	14.56%	1.03%	+13.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.81%	0.74%	+13.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.28%	1.15%	+14.13%