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 0.19, 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:
-0.61
^GDAXI:
2.27
BZ=F:
-0.71
^GDAXI:
3.08
BZ=F:
0.91
^GDAXI:
1.39
BZ=F:
-0.28
^GDAXI:
3.51
BZ=F:
-1.02
^GDAXI:
12.75
BZ=F:
14.52%
^GDAXI:
2.23%
BZ=F:
23.65%
^GDAXI:
12.54%
BZ=F:
-86.77%
^GDAXI:
-72.68%
BZ=F:
-47.71%
^GDAXI:
-2.32%
Returns By Period
In the year-to-date period, BZ=F achieves a 2.34% return, which is significantly lower than ^GDAXI's 12.08% return. Over the past 10 years, BZ=F has underperformed ^GDAXI with an annualized return of 2.53%, while ^GDAXI has yielded a comparatively higher 7.16% annualized return.
BZ=F
2.34%
-2.56%
-1.07%
-8.00%
5.17%
2.53%
^GDAXI
12.08%
6.05%
20.66%
30.36%
10.32%
7.16%
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) and DAX Performance Index (^GDAXI) have volatilities of 4.62% and 4.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.