EURUSD=X vs. ^GSPC
Compare and contrast key facts about EUR/USD (EURUSD=X) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EURUSD=X or ^GSPC.
Correlation
The correlation between EURUSD=X and ^GSPC is 0.08, 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
EURUSD=X vs. ^GSPC - Performance Comparison
Key characteristics
EURUSD=X:
0.80
^GSPC:
0.55
EURUSD=X:
1.32
^GSPC:
0.90
EURUSD=X:
1.13
^GSPC:
1.13
EURUSD=X:
0.04
^GSPC:
0.57
EURUSD=X:
1.74
^GSPC:
2.21
EURUSD=X:
4.22%
^GSPC:
4.84%
EURUSD=X:
7.38%
^GSPC:
19.38%
EURUSD=X:
-39.99%
^GSPC:
-56.78%
EURUSD=X:
-29.06%
^GSPC:
-8.74%
Returns By Period
In the year-to-date period, EURUSD=X achieves a 9.54% return, which is significantly higher than ^GSPC's -4.67% return. Over the past 10 years, EURUSD=X has underperformed ^GSPC with an annualized return of 0.17%, while ^GSPC has yielded a comparatively higher 10.26% annualized return.
EURUSD=X
9.54%
3.52%
3.76%
5.32%
1.28%
0.17%
^GSPC
-4.67%
10.50%
-3.04%
8.23%
14.30%
10.26%
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Risk-Adjusted Performance
EURUSD=X vs. ^GSPC — Risk-Adjusted Performance Rank
EURUSD=X
^GSPC
EURUSD=X vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for EUR/USD (EURUSD=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
EURUSD=X vs. ^GSPC - Drawdown Comparison
The maximum EURUSD=X drawdown since its inception was -39.99%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for EURUSD=X and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
EURUSD=X vs. ^GSPC - Volatility Comparison
The current volatility for EUR/USD (EURUSD=X) is 3.55%, while S&P 500 (^GSPC) has a volatility of 11.43%. This indicates that EURUSD=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.