DAX vs. BMW.DE
Compare and contrast key facts about Global X DAX Germany ETF (DAX) and Bayerische Motoren Werke Aktiengesellschaft (BMW.DE).
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: DAX or BMW.DE.
Key characteristics
| DAX | BMW.DE | |
|---|---|---|
| YTD Return | 3.15% | 1.66% |
| 1Y Return | 9.21% | 10.53% |
| 3Y Return (Ann) | 0.91% | 13.43% |
| 5Y Return (Ann) | 5.93% | 12.35% |
| Sharpe Ratio | 0.53 | 0.16 |
| Daily Std Dev | 14.51% | 21.86% |
| Max Drawdown | -45.58% | -64.55% |
| Current Drawdown | -5.10% | -10.72% |
Correlation
The correlation between DAX and BMW.DE is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DAX vs. BMW.DE - Performance Comparison
In the year-to-date period, DAX achieves a 3.15% return, which is significantly higher than BMW.DE's 1.66% 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
DAX vs. BMW.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X DAX Germany ETF (DAX) and Bayerische Motoren Werke Aktiengesellschaft (BMW.DE). 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
DAX vs. BMW.DE - Dividend Comparison
DAX's dividend yield for the trailing twelve months is around 2.40%, less than BMW.DE's 8.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAX Global X DAX Germany ETF | 2.40% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% | 0.00% | 0.00% |
BMW.DE Bayerische Motoren Werke Aktiengesellschaft | 8.30% | 8.43% | 6.96% | 2.15% | 3.46% | 4.79% | 5.66% | 4.03% | 3.61% | 2.97% | 2.90% | 2.93% |
Drawdowns
DAX vs. BMW.DE - Drawdown Comparison
The maximum DAX drawdown since its inception was -45.58%, smaller than the maximum BMW.DE drawdown of -64.55%. Use the drawdown chart below to compare losses from any high point for DAX and BMW.DE. For additional features, visit the drawdowns tool.
Volatility
DAX vs. BMW.DE - Volatility Comparison
The current volatility for Global X DAX Germany ETF (DAX) is 4.57%, while Bayerische Motoren Werke Aktiengesellschaft (BMW.DE) has a volatility of 10.13%. This indicates that DAX experiences smaller price fluctuations and is considered to be less risky than BMW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.