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.
Key characteristics
| EUR=X | ^GSPC | |
|---|---|---|
| YTD Return | -0.62% | 17.79% |
| 1Y Return | -3.83% | 26.42% |
| 3Y Return (Ann) | 1.66% | 8.24% |
| 5Y Return (Ann) | -0.15% | 13.48% |
| 10Y Return (Ann) | 1.38% | 10.85% |
| Sharpe Ratio | -0.29 | 2.06 |
| Daily Std Dev | 5.45% | 12.69% |
| Max Drawdown | -48.28% | -56.78% |
| Current Drawdown | -25.52% | -0.86% |
Correlation
The correlation between EUR=X and ^GSPC is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
EUR=X vs. ^GSPC - Performance Comparison
In the year-to-date period, EUR=X achieves a -0.62% return, which is significantly lower than ^GSPC's 17.79% return. Over the past 10 years, EUR=X has underperformed ^GSPC with an annualized return of 1.38%, while ^GSPC has yielded a comparatively higher 10.85% 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. ^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 3.65%. 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.