DAX vs. XAU.TO
Compare and contrast key facts about Global X DAX Germany ETF (DAX) and Goldmoney Inc. (XAU.TO).
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 XAU.TO.
Performance
DAX vs. XAU.TO - Performance Comparison
Returns By Period
In the year-to-date period, DAX achieves a 8.20% return, which is significantly higher than XAU.TO's 5.25% return. Over the past 10 years, DAX has underperformed XAU.TO with an annualized return of 4.58%, while XAU.TO has yielded a comparatively higher 190.92% annualized return.
DAX
8.20%
-5.74%
-1.48%
14.57%
6.03%
4.58%
XAU.TO
5.25%
-19.17%
6.75%
3.53%
-2.87%
190.92%
Key characteristics
| DAX | XAU.TO | |
|---|---|---|
| Sharpe Ratio | 1.04 | 0.06 |
| Sortino Ratio | 1.48 | 0.36 |
| Omega Ratio | 1.18 | 1.04 |
| Calmar Ratio | 1.39 | 0.03 |
| Martin Ratio | 4.98 | 0.23 |
| Ulcer Index | 3.00% | 9.85% |
| Daily Std Dev | 14.40% | 35.68% |
| Max Drawdown | -45.58% | -83.45% |
| Current Drawdown | -6.89% | -78.91% |
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Correlation
The correlation between DAX and XAU.TO is 0.17, 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.
Risk-Adjusted Performance
DAX vs. XAU.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X DAX Germany ETF (DAX) and Goldmoney Inc. (XAU.TO). 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. XAU.TO - Dividend Comparison
DAX's dividend yield for the trailing twelve months is around 2.35%, while XAU.TO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
DAX Global X DAX Germany ETF | 2.35% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% |
XAU.TO Goldmoney Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2,139,037.43% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DAX vs. XAU.TO - Drawdown Comparison
The maximum DAX drawdown since its inception was -45.58%, smaller than the maximum XAU.TO drawdown of -83.45%. Use the drawdown chart below to compare losses from any high point for DAX and XAU.TO. For additional features, visit the drawdowns tool.
Volatility
DAX vs. XAU.TO - Volatility Comparison
The current volatility for Global X DAX Germany ETF (DAX) is 4.92%, while Goldmoney Inc. (XAU.TO) has a volatility of 10.80%. This indicates that DAX experiences smaller price fluctuations and is considered to be less risky than XAU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.