AI.PA vs. ^FCHI
Compare and contrast key facts about L'Air Liquide S.A. (AI.PA) and CAC 40 (^FCHI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AI.PA or ^FCHI.
Key characteristics
| AI.PA | ^FCHI | |
|---|---|---|
| YTD Return | 4.26% | 6.28% |
| 1Y Return | 16.30% | 7.37% |
| 3Y Return (Ann) | 14.37% | 8.33% |
| 5Y Return (Ann) | 15.38% | 7.43% |
| 10Y Return (Ann) | 12.58% | 5.94% |
| Sharpe Ratio | 0.88 | 0.72 |
| Daily Std Dev | 17.53% | 11.92% |
| Max Drawdown | -39.78% | -65.29% |
| Current Drawdown | -5.98% | -2.31% |
Correlation
The correlation between AI.PA and ^FCHI is 0.70, 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
AI.PA vs. ^FCHI - Performance Comparison
In the year-to-date period, AI.PA achieves a 4.26% return, which is significantly lower than ^FCHI's 6.28% return. Over the past 10 years, AI.PA has outperformed ^FCHI with an annualized return of 12.58%, while ^FCHI has yielded a comparatively lower 5.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AI.PA vs. ^FCHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L'Air Liquide S.A. (AI.PA) and CAC 40 (^FCHI). 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
AI.PA vs. ^FCHI - Drawdown Comparison
The maximum AI.PA drawdown since its inception was -39.78%, smaller than the maximum ^FCHI drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for AI.PA and ^FCHI. For additional features, visit the drawdowns tool.
Volatility
AI.PA vs. ^FCHI - Volatility Comparison
L'Air Liquide S.A. (AI.PA) has a higher volatility of 4.77% compared to CAC 40 (^FCHI) at 3.65%. This indicates that AI.PA's price experiences larger fluctuations and is considered to be riskier than ^FCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.