AA vs. JPY=X
AA (Alcoa Corporation) is a stock, while JPY=X (USD/JPY) is a currency. Over the past 5 years, AA returned 7.81%/yr vs 0.00%/yr for JPY=X. At a correlation of -0.02, they often move in opposite directions.
Performance
AA vs. JPY=X - Performance Comparison
Loading charts...
Different Trading Currencies
AA is traded in USD, while JPY=X is traded in JPY. To make them comparable, the JPY=X values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AA achieves a -8.02% return, which is significantly lower than JPY=X's -0.11% return.
AA
- 1D
- 0.08%
- 1M
- -29.16%
- 6M
- -25.57%
- YTD
- -8.02%
- 1Y
- 58.18%
- 3Y*
- 13.48%
- 5Y*
- 7.81%
- 10Y*
- —
JPY=X
- 1D
- -0.02%
- 1M
- 0.03%
- 6M
- 0.02%
- YTD
- -0.11%
- 1Y
- -0.05%
- 3Y*
- 0.04%
- 5Y*
- 0.00%
- 10Y*
- 0.01%
AA vs. JPY=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | -8.02% | 42.46% | 12.43% | -24.33% | -23.12% | 159.05% | 7.16% | -19.07% | -50.66% | 91.84% |
JPY=X USD/JPY | -0.11% | 0.04% | 0.14% | -0.04% | -0.02% | 0.05% | -0.02% | -0.12% | 0.11% | 0.07% |
Correlation
The correlation between AA and JPY=X is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2016 | -0.02 |
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
AA vs. JPY=X — Risk / Return Rank
AA
JPY=X
AA vs. JPY=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alcoa Corporation (AA) and USD/JPY (JPY=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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AA | JPY=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.09 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.00 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | -0.07 | +1.41 |
| Martin ratioReturn relative to average drawdown | 4.81 | -0.10 | +4.91 |
Loading charts...
Drawdowns
AA vs. JPY=X - Drawdown Comparison
The maximum AA drawdown since its inception was -90.90%, which is greater than JPY=X's maximum drawdown of -3.46%. Use the drawdown chart below to compare losses from any high point for AA and JPY=X.
Loading charts...
Drawdown Indicators
| AA | JPY=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.90% | -3.46% | -87.44% |
Max Drawdown (1Y)Largest decline over 1 year | -43.33% | -0.64% | -42.69% |
Max Drawdown (3Y)Largest decline over 3 years | -52.25% | -1.14% | -51.11% |
Max Drawdown (5Y)Largest decline over 5 years | -75.46% | -1.14% | -74.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -1.19% | — |
Current DrawdownCurrent decline from peak | -46.35% | -2.39% | -43.96% |
Average DrawdownAverage peak-to-trough decline | -46.08% | -2.23% | -43.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.16% | 0.43% | +11.73% |
Volatility
AA vs. JPY=X - Volatility Comparison
Alcoa Corporation (AA) has a higher volatility of 15.73% compared to USD/JPY (JPY=X) at 0.37%. This indicates that AA's price experiences larger fluctuations and is considered to be riskier than JPY=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AA | JPY=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.73% | 0.37% | +15.36% |
Volatility (6M)Calculated over the trailing 6-month period | 41.26% | 0.68% | +40.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.43% | 1.40% | +54.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.38% | 1.21% | +55.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.67% | 1.14% | +54.53% |
Frequently Asked Questions
AA and JPY=X have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AA has higher volatility (15.73%) compared to JPY=X (0.37%). In terms of maximum drawdown, AA dropped -90.90% vs JPY=X's -3.46%.
AA currently has the higher Sharpe Ratio (1.06 vs -0.03), 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 AA and JPY=X
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