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:
-0.79
^GSPC:
0.24
EUR=X:
-0.99
^GSPC:
0.47
EUR=X:
0.87
^GSPC:
1.07
EUR=X:
-0.21
^GSPC:
0.24
EUR=X:
-1.75
^GSPC:
1.08
EUR=X:
3.33%
^GSPC:
4.25%
EUR=X:
6.88%
^GSPC:
19.00%
EUR=X:
-48.28%
^GSPC:
-56.78%
EUR=X:
-27.30%
^GSPC:
-14.02%
Returns By Period
In the year-to-date period, EUR=X achieves a -9.00% return, which is significantly higher than ^GSPC's -10.18% return. Over the past 10 years, EUR=X has underperformed ^GSPC with an annualized return of -0.54%, while ^GSPC has yielded a comparatively higher 9.68% annualized return.
EUR=X
-9.00%
-3.80%
-4.80%
-6.19%
-0.82%
-0.54%
^GSPC
-10.18%
-5.91%
-9.57%
5.19%
12.98%
9.68%
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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 0.51%, while S&P 500 (^GSPC) has a volatility of 13.42%. 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.