DAX vs. ^DWCF
Compare and contrast key facts about Global X DAX Germany ETF (DAX) and Dow Jones U.S. Total Stock Market Index (^DWCF).
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 ^DWCF.
Correlation
The correlation between DAX and ^DWCF is 0.66, 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. ^DWCF - Performance Comparison
Key characteristics
DAX:
1.45
^DWCF:
0.41
DAX:
2.14
^DWCF:
0.71
DAX:
1.28
^DWCF:
1.10
DAX:
1.86
^DWCF:
0.41
DAX:
7.80
^DWCF:
1.67
DAX:
3.83%
^DWCF:
4.86%
DAX:
20.59%
^DWCF:
19.78%
DAX:
-45.58%
^DWCF:
-35.14%
DAX:
-0.72%
^DWCF:
-10.64%
Returns By Period
In the year-to-date period, DAX achieves a 23.62% return, which is significantly higher than ^DWCF's -6.63% return. Over the past 10 years, DAX has underperformed ^DWCF with an annualized return of 6.51%, while ^DWCF has yielded a comparatively higher 9.65% annualized return.
DAX
23.62%
4.49%
21.19%
30.09%
16.18%
6.51%
^DWCF
-6.63%
-1.10%
-5.15%
7.53%
13.60%
9.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
DAX vs. ^DWCF — Risk-Adjusted Performance Rank
DAX
^DWCF
DAX vs. ^DWCF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X DAX Germany ETF (DAX) and Dow Jones U.S. Total Stock Market Index (^DWCF). 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
DAX vs. ^DWCF - Drawdown Comparison
The maximum DAX drawdown since its inception was -45.58%, which is greater than ^DWCF's maximum drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for DAX and ^DWCF. For additional features, visit the drawdowns tool.
Volatility
DAX vs. ^DWCF - Volatility Comparison
The current volatility for Global X DAX Germany ETF (DAX) is 12.47%, while Dow Jones U.S. Total Stock Market Index (^DWCF) has a volatility of 14.38%. This indicates that DAX experiences smaller price fluctuations and is considered to be less risky than ^DWCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.