DXYN vs. DAX
Compare and contrast key facts about The Dixie Group, Inc. (DXYN) 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: DXYN or DAX.
Key characteristics
| DXYN | DAX | |
|---|---|---|
| YTD Return | 3.43% | 9.30% |
| 1Y Return | -24.51% | 16.43% |
| 3Y Return (Ann) | -38.78% | 2.51% |
| 5Y Return (Ann) | 3.77% | 7.61% |
| Sharpe Ratio | -0.23 | 1.03 |
| Daily Std Dev | 93.55% | 14.52% |
| Max Drawdown | -98.54% | -45.58% |
| Current Drawdown | -97.31% | 0.00% |
Correlation
The correlation between DXYN and DAX is 0.18, 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
DXYN vs. DAX - Performance Comparison
In the year-to-date period, DXYN achieves a 3.43% return, which is significantly lower than DAX's 9.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
DXYN vs. DAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Dixie Group, Inc. (DXYN) 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
DXYN vs. DAX - Dividend Comparison
DXYN has not paid dividends to shareholders, while DAX's dividend yield for the trailing twelve months is around 2.27%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXYN The Dixie Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DAX Global X DAX Germany ETF | 2.27% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% |
Drawdowns
DXYN vs. DAX - Drawdown Comparison
The maximum DXYN drawdown since its inception was -98.54%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for DXYN and DAX. For additional features, visit the drawdowns tool.
Volatility
DXYN vs. DAX - Volatility Comparison
The Dixie Group, Inc. (DXYN) has a higher volatility of 34.43% compared to Global X DAX Germany ETF (DAX) at 4.35%. This indicates that DXYN's price experiences larger fluctuations and is considered to be riskier than DAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.