Correlation
The correlation between EUEA.AS and ^NDX is 0.49, 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.
EUEA.AS vs. ^NDX
Compare and contrast key facts about iShares EURO STOXX 50 UCITS ETF (EUEA.AS) and NASDAQ 100 (^NDX).
EUEA.AS is a passively managed fund by iShares that tracks the performance of the MSCI EMU NR EUR. It was launched on Apr 3, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUEA.AS or ^NDX.
Performance
EUEA.AS vs. ^NDX - Performance Comparison
Loading data...
Key characteristics
EUEA.AS:
0.43
^NDX:
0.59
EUEA.AS:
0.75
^NDX:
0.89
EUEA.AS:
1.10
^NDX:
1.12
EUEA.AS:
0.52
^NDX:
0.57
EUEA.AS:
1.78
^NDX:
1.85
EUEA.AS:
4.77%
^NDX:
7.08%
EUEA.AS:
17.89%
^NDX:
25.69%
EUEA.AS:
-61.19%
^NDX:
-82.90%
EUEA.AS:
-2.10%
^NDX:
-3.76%
Returns By Period
In the year-to-date period, EUEA.AS achieves a 10.91% return, which is significantly higher than ^NDX's 1.56% return. Over the past 10 years, EUEA.AS has underperformed ^NDX with an annualized return of 7.09%, while ^NDX has yielded a comparatively higher 16.82% annualized return.
EUEA.AS
10.91%
4.45%
12.91%
8.00%
14.67%
14.67%
7.09%
^NDX
1.56%
7.86%
1.96%
15.13%
19.07%
17.43%
16.82%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
EUEA.AS vs. ^NDX — Risk-Adjusted Performance Rank
EUEA.AS
^NDX
EUEA.AS vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EURO STOXX 50 UCITS ETF (EUEA.AS) and NASDAQ 100 (^NDX). 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.
Loading data...
Drawdowns
EUEA.AS vs. ^NDX - Drawdown Comparison
The maximum EUEA.AS drawdown since its inception was -61.19%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for EUEA.AS and ^NDX.
Loading data...
Volatility
EUEA.AS vs. ^NDX - Volatility Comparison
The current volatility for iShares EURO STOXX 50 UCITS ETF (EUEA.AS) is 4.48%, while NASDAQ 100 (^NDX) has a volatility of 5.59%. This indicates that EUEA.AS experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...