CAC vs. DAX
Compare and contrast key facts about Camden National Corporation (CAC) and Global X DAX Germany ETF (DAX).
DAX is a passively managed fund by Global X that tracks the performance of the DAX Index. It was launched on Oct 22, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAC or DAX.
Correlation
The correlation between CAC and DAX is 0.33, 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
CAC vs. DAX - Performance Comparison
Key characteristics
CAC:
1.39
DAX:
2.00
CAC:
2.19
DAX:
2.75
CAC:
1.27
DAX:
1.34
CAC:
1.30
DAX:
3.76
CAC:
6.89
DAX:
9.30
CAC:
7.15%
DAX:
3.27%
CAC:
35.38%
DAX:
15.21%
CAC:
-64.56%
DAX:
-45.58%
CAC:
-9.21%
DAX:
0.00%
Returns By Period
In the year-to-date period, CAC achieves a 5.30% return, which is significantly lower than DAX's 15.10% return. Over the past 10 years, CAC has outperformed DAX with an annualized return of 9.13%, while DAX has yielded a comparatively lower 5.94% annualized return.
CAC
5.30%
1.07%
20.09%
38.42%
3.09%
9.13%
DAX
15.10%
11.06%
17.20%
27.90%
9.07%
5.94%
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Risk-Adjusted Performance
CAC vs. DAX — Risk-Adjusted Performance Rank
CAC
DAX
CAC vs. DAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Camden National Corporation (CAC) and Global X DAX Germany ETF (DAX). 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.
Dividends
CAC vs. DAX - Dividend Comparison
CAC's dividend yield for the trailing twelve months is around 3.77%, more than DAX's 1.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAC Camden National Corporation | 3.77% | 3.93% | 4.46% | 3.84% | 2.93% | 3.69% | 2.61% | 3.06% | 2.18% | 1.80% | 2.72% | 2.71% |
DAX Global X DAX Germany ETF | 1.95% | 2.24% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% | 0.00% |
Drawdowns
CAC vs. DAX - Drawdown Comparison
The maximum CAC drawdown since its inception was -64.56%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for CAC and DAX. For additional features, visit the drawdowns tool.
Volatility
CAC vs. DAX - Volatility Comparison
Camden National Corporation (CAC) has a higher volatility of 7.34% compared to Global X DAX Germany ETF (DAX) at 4.61%. This indicates that CAC's price experiences larger fluctuations and is considered to be riskier than DAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.