ESLOY vs. ^GDAXI
ESLOY (Essilor International SA) is a stock, while ^GDAXI (DAX Performance Index) is an index. Over the past 10 years, ESLOY returned 5.99%/yr vs 10.00%/yr for ^GDAXI. Their 0.50 correlation means they have sometimes moved together and sometimes differently.
Performance
ESLOY vs. ^GDAXI - Performance Comparison
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Different Trading Currencies
ESLOY is traded in USD, while ^GDAXI is traded in EUR. To make them comparable, the ^GDAXI values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESLOY achieves a -38.56% return, which is significantly lower than ^GDAXI's 2.62% return. Over the past 10 years, ESLOY has underperformed ^GDAXI with an annualized return of 5.99%, while ^GDAXI has yielded a comparatively higher 10.00% annualized return.
ESLOY
- 1D
- 0.57%
- 1M
- -4.89%
- 6M
- -36.29%
- YTD
- -38.56%
- 1Y
- -34.13%
- 3Y*
- 0.87%
- 5Y*
- 2.04%
- 10Y*
- 5.99%
- ALL TIME*
- 3.62%
^GDAXI
- 1D
- 0.00%
- 1M
- 0.95%
- 6M
- 1.53%
- YTD
- 2.62%
- 1Y
- 8.77%
- 3Y*
- 18.29%
- 5Y*
- 9.86%
- 10Y*
- 10.00%
- ALL TIME*
- 5.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^GDAXI DAX Performance Index | $1.39T | $1.46T | $1.75T |
| $15.68M | $12.87M | $12.94M |
ESLOY vs. ^GDAXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESLOY Essilor International SA | -38.56% | 33.44% | 22.45% | 12.96% | -13.84% | 38.51% | 2.43% | 23.58% | -7.18% | 26.94% |
^GDAXI DAX Performance Index | 2.62% | 38.87% | 12.05% | 24.11% | -17.17% | 6.66% | 13.66% | 22.83% | -22.10% | 28.42% |
Correlation
The correlation between ESLOY and ^GDAXI is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.44 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.50 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2007 | 0.50 |
The correlation between ESLOY and ^GDAXI shifts across timeframes, from 0.39 (1 year) to 0.50 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ESLOY vs. ^GDAXI — Risk / Return Rank
ESLOY
^GDAXI
ESLOY vs. ^GDAXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Essilor International SA (ESLOY) and DAX Performance Index (^GDAXI). 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.
| ESLOY | ^GDAXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.09 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 0.52 | -1.22 |
| Martin ratioReturn relative to average drawdown | -1.21 | 1.60 | -2.81 |
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Drawdowns
ESLOY vs. ^GDAXI - Drawdown Comparison
The maximum ESLOY drawdown since its inception was -74.27%, which is greater than ^GDAXI's maximum drawdown of -60.99%. Use the drawdown chart below to compare losses from any high point for ESLOY and ^GDAXI.
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Drawdown Indicators
| ESLOY | ^GDAXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.27% | -60.99% | -13.28% |
Max Drawdown (1Y)Largest decline over 1 year | -49.36% | -14.36% | -35.00% |
Max Drawdown (3Y)Largest decline over 3 years | -49.36% | -15.86% | -33.50% |
Max Drawdown (5Y)Largest decline over 5 years | -49.36% | -38.41% | -10.95% |
Max Drawdown (10Y)Largest decline over 10 years | -49.36% | -44.80% | -4.56% |
Current DrawdownCurrent decline from peak | -47.57% | -1.50% | -46.07% |
Average DrawdownAverage peak-to-trough decline | -21.21% | -14.85% | -6.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.69% | 4.67% | +24.02% |
Volatility
ESLOY vs. ^GDAXI - Volatility Comparison
Essilor International SA (ESLOY) has a higher volatility of 7.84% compared to DAX Performance Index (^GDAXI) at 4.48%. This indicates that ESLOY's price experiences larger fluctuations and is considered to be riskier than ^GDAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESLOY | ^GDAXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.84% | 4.48% | +3.36% |
Volatility (6M)Calculated over the trailing 6-month period | 28.06% | 15.10% | +12.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.49% | 17.74% | +16.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.77% | 20.29% | +8.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.29% | 20.19% | +7.10% |
Frequently Asked Questions
ESLOY and ^GDAXI have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESLOY has higher volatility (7.84%) compared to ^GDAXI (4.48%). In terms of maximum drawdown, ESLOY dropped -74.27% vs ^GDAXI's -60.99%.
^GDAXI currently has the higher Sharpe Ratio (0.42 vs -1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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