DB1.DE vs. ^GSPC
DB1.DE (Deutsche Börse AG) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, DB1.DE returned 15.63%/yr vs 12.65%/yr for ^GSPC. At a 0.25 correlation, their price movements are largely independent.
Performance
DB1.DE vs. ^GSPC - Performance Comparison
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Different Trading Currencies
DB1.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, DB1.DE achieves a 16.07% return, which is significantly higher than ^GSPC's 11.89% return. Over the past 10 years, DB1.DE has outperformed ^GSPC with an annualized return of 15.63%, while ^GSPC has yielded a comparatively lower 12.65% annualized return.
DB1.DE
- 1D
- -0.66%
- 1M
- 4.59%
- 6M
- 23.47%
- YTD
- 16.07%
- 1Y
- -1.72%
- 3Y*
- 17.17%
- 5Y*
- 14.26%
- 10Y*
- 15.63%
- ALL TIME*
- 10.39%
^GSPC
- 1D
- 0.01%
- 1M
- -0.35%
- 6M
- 8.98%
- YTD
- 11.89%
- 1Y
- 20.36%
- 3Y*
- 16.94%
- 5Y*
- 12.03%
- 10Y*
- 12.65%
- ALL TIME*
- 10.08%
DB1.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DB1.DE Deutsche Börse AG | 16.07% | 2.03% | 21.82% | 18.03% | 11.90% | 7.98% | 1.28% | 36.60% | 10.78% | 29.96% |
^GSPC S&P 500 Index | 11.89% | 2.58% | 31.45% | 20.51% | -14.45% | 36.38% | 6.68% | 31.79% | -1.84% | 4.74% |
Correlation
The correlation between DB1.DE and ^GSPC is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2007 | 0.25 |
The correlation between DB1.DE and ^GSPC shifts across timeframes, from -0.00 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DB1.DE vs. ^GSPC — Risk / Return Rank
DB1.DE
^GSPC
DB1.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deutsche Börse AG (DB1.DE) and S&P 500 Index (^GSPC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DB1.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.30 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 2.70 | -2.78 |
| Martin ratioReturn relative to average drawdown | -0.14 | 9.96 | -10.10 |
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Drawdowns
DB1.DE vs. ^GSPC - Drawdown Comparison
The maximum DB1.DE drawdown since its inception was -76.94%, which is greater than ^GSPC's maximum drawdown of -50.14%. Use the drawdown chart below to compare losses from any high point for DB1.DE and ^GSPC.
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Drawdown Indicators
| DB1.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.94% | -50.14% | -26.80% |
Max Drawdown (1Y)Largest decline over 1 year | -22.46% | -7.57% | -14.89% |
Max Drawdown (3Y)Largest decline over 3 years | -29.61% | -23.99% | -5.62% |
Max Drawdown (5Y)Largest decline over 5 years | -29.61% | -23.99% | -5.62% |
Max Drawdown (10Y)Largest decline over 10 years | -36.97% | -33.42% | -3.55% |
Current DrawdownCurrent decline from peak | -10.11% | -1.73% | -8.38% |
Average DrawdownAverage peak-to-trough decline | -26.32% | -8.49% | -17.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.67% | 2.05% | +9.62% |
Volatility
DB1.DE vs. ^GSPC - Volatility Comparison
Deutsche Börse AG (DB1.DE) has a higher volatility of 6.95% compared to S&P 500 Index (^GSPC) at 2.79%. This indicates that DB1.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DB1.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.95% | 2.79% | +4.16% |
Volatility (6M)Calculated over the trailing 6-month period | 16.96% | 9.21% | +7.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.43% | 12.64% | +9.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.91% | 16.83% | +3.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.41% | 18.61% | +2.80% |
Frequently Asked Questions
DB1.DE and ^GSPC have a correlation of -0.00, 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 DB1.DE and ^GSPC
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