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:
-0.32
^GDAXI:
1.77
BZ=F:
-0.28
^GDAXI:
2.44
BZ=F:
0.96
^GDAXI:
1.31
BZ=F:
-0.15
^GDAXI:
2.61
BZ=F:
-0.58
^GDAXI:
9.64
BZ=F:
13.31%
^GDAXI:
2.20%
BZ=F:
24.38%
^GDAXI:
11.89%
BZ=F:
-86.77%
^GDAXI:
-72.68%
BZ=F:
-49.97%
^GDAXI:
-0.90%
Returns By Period
In the year-to-date period, BZ=F achieves a -5.14% return, which is significantly lower than ^GDAXI's 20.84% return. Over the past 10 years, BZ=F has underperformed ^GDAXI with an annualized return of 1.70%, while ^GDAXI has yielded a comparatively higher 7.49% annualized return.
BZ=F
-5.14%
0.10%
-14.09%
-7.92%
1.91%
1.70%
^GDAXI
20.84%
5.49%
12.04%
20.89%
8.64%
7.49%
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 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 5.48% compared to DAX Performance Index (^GDAXI) at 3.21%. 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.