BZ=F vs. ^GDAXI
Compare and contrast key facts about Crude Oil Brent (BZ=F) and DAX Performance Index (^GDAXI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BZ=F or ^GDAXI.
Correlation
The correlation between BZ=F and ^GDAXI is 0.14, 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.
Performance
BZ=F vs. ^GDAXI - Performance Comparison
Key characteristics
BZ=F:
-0.06
^GDAXI:
2.17
BZ=F:
0.08
^GDAXI:
2.96
BZ=F:
1.01
^GDAXI:
1.38
BZ=F:
-0.03
^GDAXI:
3.24
BZ=F:
-0.11
^GDAXI:
11.81
BZ=F:
14.22%
^GDAXI:
2.22%
BZ=F:
24.14%
^GDAXI:
12.10%
BZ=F:
-86.77%
^GDAXI:
-72.68%
BZ=F:
-44.69%
^GDAXI:
0.00%
Returns By Period
In the year-to-date period, BZ=F achieves a 8.24% return, which is significantly higher than ^GDAXI's 4.99% return. Over the past 10 years, BZ=F has underperformed ^GDAXI with an annualized return of 4.93%, while ^GDAXI has yielded a comparatively higher 7.29% annualized return.
BZ=F
8.24%
10.85%
-2.23%
2.84%
4.14%
4.93%
^GDAXI
4.99%
4.67%
15.03%
26.27%
8.96%
7.29%
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
BZ=F vs. ^GDAXI — Risk-Adjusted Performance Rank
BZ=F
^GDAXI
BZ=F vs. ^GDAXI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Crude Oil Brent (BZ=F) and DAX Performance Index (^GDAXI). 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
BZ=F vs. ^GDAXI - Drawdown Comparison
The maximum BZ=F drawdown since its inception was -86.77%, which is greater than ^GDAXI's maximum drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for BZ=F and ^GDAXI. For additional features, visit the drawdowns tool.
Volatility
BZ=F vs. ^GDAXI - Volatility Comparison
Crude Oil Brent (BZ=F) has a higher volatility of 5.67% compared to DAX Performance Index (^GDAXI) at 3.61%. This indicates that BZ=F's price experiences larger fluctuations and is considered to be riskier than ^GDAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.