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:
0.35
^GSPC:
0.26
EURUSD=X:
0.58
^GSPC:
0.50
EURUSD=X:
1.07
^GSPC:
1.07
EURUSD=X:
0.07
^GSPC:
0.26
EURUSD=X:
0.57
^GSPC:
1.29
EURUSD=X:
4.22%
^GSPC:
3.80%
EURUSD=X:
6.89%
^GSPC:
18.57%
EURUSD=X:
-39.99%
^GSPC:
-56.78%
EURUSD=X:
-31.30%
^GSPC:
-11.19%
Returns By Period
In the year-to-date period, EURUSD=X achieves a 6.07% return, which is significantly higher than ^GSPC's -7.22% return. Over the past 10 years, EURUSD=X has underperformed ^GSPC with an annualized return of 0.34%, while ^GSPC has yielded a comparatively higher 10.03% annualized return.
EURUSD=X
6.07%
1.38%
0.39%
1.16%
0.08%
0.34%
^GSPC
-7.22%
-2.81%
-5.79%
4.74%
14.41%
10.03%
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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 2.49%, while S&P 500 (^GSPC) has a volatility of 12.93%. 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.