CHDVD.SW vs. CHF=X
CHDVD.SW (iShares Swiss Dividend ETF (CH)) is Europe Equities fund tracking the SPI® Select Dividend 20 Index, while CHF=X (USD/CHF) is a currency. Over the past 10 years, CHDVD.SW returned 9.56%/yr vs -2.05%/yr for CHF=X. At a 0.12 correlation, their price movements are largely independent.
Performance
CHDVD.SW vs. CHF=X - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CHDVD.SW achieves a 1.10% return, which is significantly higher than CHF=X's -0.51% return. Over the past 10 years, CHDVD.SW has outperformed CHF=X with an annualized return of 9.56%, while CHF=X has yielded a comparatively lower -2.05% annualized return.
CHDVD.SW
- 1D
- 0.86%
- 1M
- 0.98%
- YTD
- 1.10%
- 6M
- 3.65%
- 1Y
- 7.67%
- 3Y*
- 9.63%
- 5Y*
- 6.89%
- 10Y*
- 9.56%
CHF=X
- 1D
- -0.37%
- 1M
- 0.78%
- YTD
- -0.51%
- 6M
- -1.75%
- 1Y
- -3.55%
- 3Y*
- -4.50%
- 5Y*
- -2.58%
- 10Y*
- -2.05%
CHDVD.SW vs. CHF=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHDVD.SW iShares Swiss Dividend ETF (CH) | 1.10% | 18.82% | 8.79% | 9.62% | -10.54% | 23.80% | 4.19% | 34.20% | -4.51% | 16.19% |
CHF=X USD/CHF | -0.51% | -12.62% | 7.88% | -8.95% | 1.37% | 2.95% | -8.43% | -1.70% | 0.97% | -4.25% |
Correlation
The correlation between CHDVD.SW and CHF=X is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2014 | 0.12 |
The correlation between CHDVD.SW and CHF=X shifts across timeframes, from -0.09 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CHDVD.SW vs. CHF=X — Risk / Return Rank
CHDVD.SW
CHF=X
CHDVD.SW vs. CHF=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Swiss Dividend ETF (CH) (CHDVD.SW) and USD/CHF (CHF=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.
| CHDVD.SW | CHF=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.94 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | -0.38 | +1.20 |
| Martin ratioReturn relative to average drawdown | 2.56 | -0.76 | +3.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CHDVD.SW | CHF=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | -0.41 | +1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | -0.29 | +0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | -0.26 | +0.92 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | -0.20 | +0.76 |
Drawdowns
CHDVD.SW vs. CHF=X - Drawdown Comparison
The maximum CHDVD.SW drawdown since its inception was -30.09%, smaller than the maximum CHF=X drawdown of -41.14%. Use the drawdown chart below to compare losses from any high point for CHDVD.SW and CHF=X.
Loading charts...
Drawdown Indicators
| CHDVD.SW | CHF=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.09% | -41.14% | +11.05% |
Max Drawdown (1Y)Largest decline over 1 year | -9.49% | -7.52% | -1.97% |
Max Drawdown (3Y)Largest decline over 3 years | -14.72% | -17.43% | +2.71% |
Max Drawdown (5Y)Largest decline over 5 years | -17.08% | -24.87% | +7.79% |
Max Drawdown (10Y)Largest decline over 10 years | -30.09% | -26.13% | -3.96% |
Current DrawdownCurrent decline from peak | -4.02% | -35.56% | +31.54% |
Average DrawdownAverage peak-to-trough decline | -4.55% | -22.15% | +17.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.02% | 2.67% | +0.35% |
Volatility
CHDVD.SW vs. CHF=X - Volatility Comparison
iShares Swiss Dividend ETF (CH) (CHDVD.SW) has a higher volatility of 3.95% compared to USD/CHF (CHF=X) at 1.57%. This indicates that CHDVD.SW's price experiences larger fluctuations and is considered to be riskier than CHF=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CHDVD.SW | CHF=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 1.57% | +2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 9.42% | 5.73% | +3.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.75% | 6.98% | +4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.93% | 7.86% | +5.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.62% | 7.34% | +7.28% |
Frequently Asked Questions
CHDVD.SW and CHF=X have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CHDVD.SW and CHF=X
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer