DBOEY vs. DAX
Compare and contrast key facts about Deutsche Boerse AG ADR (DBOEY) and Global X DAX Germany ETF (DAX).
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: DBOEY or DAX.
Correlation
The correlation between DBOEY and DAX is 0.45, 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
DBOEY vs. DAX - Performance Comparison
Key characteristics
DBOEY:
2.73
DAX:
1.34
DBOEY:
3.24
DAX:
1.98
DBOEY:
1.49
DAX:
1.26
DBOEY:
4.92
DAX:
1.70
DBOEY:
22.83
DAX:
7.19
DBOEY:
2.59%
DAX:
3.80%
DBOEY:
21.61%
DAX:
20.42%
DBOEY:
-56.48%
DAX:
-45.58%
DBOEY:
0.00%
DAX:
-5.76%
Returns By Period
In the year-to-date period, DBOEY achieves a 34.12% return, which is significantly higher than DAX's 17.35% return. Over the past 10 years, DBOEY has outperformed DAX with an annualized return of 16.85%, while DAX has yielded a comparatively lower 5.82% annualized return.
DBOEY
34.12%
4.29%
30.49%
58.19%
17.65%
16.85%
DAX
17.35%
-5.19%
13.02%
27.01%
14.97%
5.82%
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Risk-Adjusted Performance
DBOEY vs. DAX — Risk-Adjusted Performance Rank
DBOEY
DAX
DBOEY vs. DAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Deutsche Boerse AG ADR (DBOEY) and Global X DAX Germany ETF (DAX). 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
DBOEY vs. DAX - Dividend Comparison
DBOEY's dividend yield for the trailing twelve months is around 1.31%, less than DAX's 1.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBOEY Deutsche Boerse AG ADR | 1.31% | 1.76% | 1.92% | 2.04% | 2.12% | 1.84% | 1.94% | 2.52% | 2.14% | 3.18% | 2.53% | 4.03% |
DAX Global X DAX Germany ETF | 1.91% | 2.24% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% | 0.00% |
Drawdowns
DBOEY vs. DAX - Drawdown Comparison
The maximum DBOEY drawdown since its inception was -56.48%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for DBOEY and DAX. For additional features, visit the drawdowns tool.
Volatility
DBOEY vs. DAX - Volatility Comparison
Deutsche Boerse AG ADR (DBOEY) and Global X DAX Germany ETF (DAX) have volatilities of 12.66% and 12.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.