EUR=X vs. ^STOXX
Compare and contrast key facts about USD/EUR (EUR=X) and STOXX Europe 600 Index (^STOXX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUR=X or ^STOXX.
Correlation
The correlation between EUR=X and ^STOXX is 0.00, 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
EUR=X vs. ^STOXX - Performance Comparison
Key characteristics
EUR=X:
0.70
^STOXX:
0.47
EUR=X:
1.11
^STOXX:
0.69
EUR=X:
1.13
^STOXX:
1.09
EUR=X:
0.15
^STOXX:
0.67
EUR=X:
1.65
^STOXX:
2.24
EUR=X:
2.36%
^STOXX:
2.16%
EUR=X:
5.50%
^STOXX:
10.27%
EUR=X:
-48.28%
^STOXX:
-61.04%
EUR=X:
-20.70%
^STOXX:
-4.90%
Returns By Period
In the year-to-date period, EUR=X achieves a 5.81% return, which is significantly higher than ^STOXX's 4.84% return. Over the past 10 years, EUR=X has underperformed ^STOXX with an annualized return of 1.47%, while ^STOXX has yielded a comparatively higher 3.79% annualized return.
EUR=X
5.81%
1.09%
2.51%
5.55%
1.12%
1.47%
^STOXX
4.84%
0.34%
-2.51%
5.29%
3.64%
3.79%
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Risk-Adjusted Performance
EUR=X vs. ^STOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/EUR (EUR=X) and STOXX Europe 600 Index (^STOXX). 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.
Drawdowns
EUR=X vs. ^STOXX - Drawdown Comparison
The maximum EUR=X drawdown since its inception was -48.28%, smaller than the maximum ^STOXX drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for EUR=X and ^STOXX. For additional features, visit the drawdowns tool.
Volatility
EUR=X vs. ^STOXX - Volatility Comparison
The current volatility for USD/EUR (EUR=X) is 0.18%, while STOXX Europe 600 Index (^STOXX) has a volatility of 2.77%. This indicates that EUR=X experiences smaller price fluctuations and is considered to be less risky than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.