EUR=X vs. ^GSPC
Compare and contrast key facts about USD/EUR (EUR=X) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUR=X or ^GSPC.
Correlation
The correlation between EUR=X and ^GSPC is 0.01, 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. ^GSPC - Performance Comparison
Key characteristics
EUR=X:
0.33
^GSPC:
1.62
EUR=X:
0.51
^GSPC:
2.20
EUR=X:
1.06
^GSPC:
1.30
EUR=X:
0.08
^GSPC:
2.46
EUR=X:
0.97
^GSPC:
10.01
EUR=X:
2.02%
^GSPC:
2.08%
EUR=X:
5.83%
^GSPC:
12.88%
EUR=X:
-48.28%
^GSPC:
-56.78%
EUR=X:
-20.93%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, EUR=X achieves a -1.02% return, which is significantly lower than ^GSPC's 2.24% return. Over the past 10 years, EUR=X has underperformed ^GSPC with an annualized return of 0.76%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
EUR=X
-1.02%
-0.50%
6.98%
3.49%
0.66%
0.76%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
EUR=X vs. ^GSPC — Risk-Adjusted Performance Rank
EUR=X
^GSPC
EUR=X vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/EUR (EUR=X) and S&P 500 (^GSPC). 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. ^GSPC - Drawdown Comparison
The maximum EUR=X drawdown since its inception was -48.28%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for EUR=X and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
EUR=X vs. ^GSPC - Volatility Comparison
The current volatility for USD/EUR (EUR=X) is 0.13%, while S&P 500 (^GSPC) has a volatility of 2.87%. This indicates that EUR=X experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.