EUR=X vs. GSG
Compare and contrast key facts about USD/EUR (EUR=X) and iShares S&P GSCI Commodity-Indexed Trust (GSG).
GSG is a passively managed fund by iShares that tracks the performance of the S&P GSCI Total Return Index. It was launched on Jul 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUR=X or GSG.
Key characteristics
| EUR=X | GSG | |
|---|---|---|
| YTD Return | -0.75% | 1.84% |
| 1Y Return | -4.08% | -10.75% |
| 3Y Return (Ann) | 1.62% | 8.13% |
| 5Y Return (Ann) | -0.15% | 6.57% |
| 10Y Return (Ann) | 1.37% | -3.80% |
| Sharpe Ratio | -0.47 | -0.58 |
| Daily Std Dev | 5.45% | 16.51% |
| Max Drawdown | -48.28% | -89.62% |
| Current Drawdown | -25.62% | -72.93% |
Correlation
The correlation between EUR=X and GSG is 0.02, 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. GSG - Performance Comparison
In the year-to-date period, EUR=X achieves a -0.75% return, which is significantly lower than GSG's 1.84% return. Over the past 10 years, EUR=X has outperformed GSG with an annualized return of 1.37%, while GSG has yielded a comparatively lower -3.80% annualized 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
EUR=X vs. GSG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/EUR (EUR=X) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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. GSG - Drawdown Comparison
The maximum EUR=X drawdown since its inception was -48.28%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for EUR=X and GSG. For additional features, visit the drawdowns tool.
Volatility
EUR=X vs. GSG - Volatility Comparison
The current volatility for USD/EUR (EUR=X) is 0.13%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 5.23%. This indicates that EUR=X experiences smaller price fluctuations and is considered to be less risky than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.