CAD=X vs. EUR=X
Compare and contrast key facts about USD/CAD (CAD=X) and USD/EUR (EUR=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAD=X or EUR=X.
Key characteristics
| CAD=X | EUR=X | |
|---|---|---|
| YTD Return | 3.87% | 1.64% |
| 1Y Return | 0.81% | -2.59% |
| 3Y Return (Ann) | 3.20% | 2.00% |
| 5Y Return (Ann) | 0.87% | 0.53% |
| 10Y Return (Ann) | 1.89% | 1.54% |
| Sharpe Ratio | 0.89 | 0.24 |
| Sortino Ratio | 1.39 | 0.38 |
| Omega Ratio | 1.17 | 1.05 |
| Calmar Ratio | 0.20 | 0.04 |
| Martin Ratio | 2.96 | 0.49 |
| Ulcer Index | 1.25% | 2.34% |
| Daily Std Dev | 4.36% | 5.33% |
| Max Drawdown | -42.91% | -48.28% |
| Current Drawdown | -14.77% | -23.82% |
Correlation
The correlation between CAD=X and EUR=X is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
CAD=X vs. EUR=X - Performance Comparison
In the year-to-date period, CAD=X achieves a 3.87% return, which is significantly higher than EUR=X's 1.64% return. Over the past 10 years, CAD=X has outperformed EUR=X with an annualized return of 1.89%, while EUR=X has yielded a comparatively lower 1.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CAD=X vs. EUR=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/CAD (CAD=X) and USD/EUR (EUR=X). 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
CAD=X vs. EUR=X - Drawdown Comparison
The maximum CAD=X drawdown since its inception was -42.91%, smaller than the maximum EUR=X drawdown of -48.28%. Use the drawdown chart below to compare losses from any high point for CAD=X and EUR=X. For additional features, visit the drawdowns tool.
Volatility
CAD=X vs. EUR=X - Volatility Comparison
The current volatility for USD/CAD (CAD=X) is 0.08%, while USD/EUR (EUR=X) has a volatility of 0.11%. This indicates that CAD=X experiences smaller price fluctuations and is considered to be less risky than EUR=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.