DAXX.L vs. HP3A.DE
Compare and contrast key facts about Lyxor DAX (DR) UCITS ETF - Acc (DAXX.L) and Ringmetall SE (HP3A.DE).
DAXX.L is a passively managed fund by Amundi that tracks the performance of the FSE DAX TR EUR. It was launched on Jun 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DAXX.L or HP3A.DE.
Correlation
The correlation between DAXX.L and HP3A.DE 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.
Performance
DAXX.L vs. HP3A.DE - Performance Comparison
Key characteristics
DAXX.L:
2.04
HP3A.DE:
0.17
DAXX.L:
2.81
HP3A.DE:
0.57
DAXX.L:
1.35
HP3A.DE:
1.08
DAXX.L:
3.01
HP3A.DE:
0.17
DAXX.L:
8.69
HP3A.DE:
0.60
DAXX.L:
2.88%
HP3A.DE:
12.33%
DAXX.L:
12.28%
HP3A.DE:
42.95%
DAXX.L:
-35.41%
HP3A.DE:
-65.98%
DAXX.L:
-0.03%
HP3A.DE:
-32.52%
Returns By Period
In the year-to-date period, DAXX.L achieves a 10.23% return, which is significantly higher than HP3A.DE's -5.44% return. Over the past 10 years, DAXX.L has underperformed HP3A.DE with an annualized return of 7.87%, while HP3A.DE has yielded a comparatively higher 11.51% annualized return.
DAXX.L
10.23%
7.69%
20.43%
25.82%
9.03%
7.87%
HP3A.DE
-5.44%
-4.35%
0.92%
8.79%
3.88%
11.51%
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Risk-Adjusted Performance
DAXX.L vs. HP3A.DE — Risk-Adjusted Performance Rank
DAXX.L
HP3A.DE
DAXX.L vs. HP3A.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor DAX (DR) UCITS ETF - Acc (DAXX.L) and Ringmetall SE (HP3A.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
DAXX.L vs. HP3A.DE - Dividend Comparison
DAXX.L has not paid dividends to shareholders, while HP3A.DE's dividend yield for the trailing twelve months is around 3.03%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAXX.L Lyxor DAX (DR) UCITS ETF - Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HP3A.DE Ringmetall SE | 3.03% | 2.87% | 3.27% | 2.17% | 1.38% | 2.43% | 2.27% | 2.08% | 1.24% | 1.62% | 3.07% | 3.37% |
Drawdowns
DAXX.L vs. HP3A.DE - Drawdown Comparison
The maximum DAXX.L drawdown since its inception was -35.41%, smaller than the maximum HP3A.DE drawdown of -65.98%. Use the drawdown chart below to compare losses from any high point for DAXX.L and HP3A.DE. For additional features, visit the drawdowns tool.
Volatility
DAXX.L vs. HP3A.DE - Volatility Comparison
The current volatility for Lyxor DAX (DR) UCITS ETF - Acc (DAXX.L) is 4.07%, while Ringmetall SE (HP3A.DE) has a volatility of 9.70%. This indicates that DAXX.L experiences smaller price fluctuations and is considered to be less risky than HP3A.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.