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 0.02, 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:
-0.67
^GSPC:
2.10
EURUSD=X:
-0.87
^GSPC:
2.80
EURUSD=X:
0.89
^GSPC:
1.39
EURUSD=X:
-0.11
^GSPC:
3.09
EURUSD=X:
-1.37
^GSPC:
13.49
EURUSD=X:
2.74%
^GSPC:
1.94%
EURUSD=X:
5.48%
^GSPC:
12.52%
EURUSD=X:
-57.54%
^GSPC:
-56.78%
EURUSD=X:
-34.77%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, EURUSD=X achieves a -5.50% return, which is significantly lower than ^GSPC's 24.34% return. Over the past 10 years, EURUSD=X has underperformed ^GSPC with an annualized return of -1.46%, while ^GSPC has yielded a comparatively higher 11.06% annualized return.
EURUSD=X
-5.50%
-1.09%
-2.45%
-5.26%
-1.12%
-1.46%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
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 -57.54%, roughly equal to 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 2.12%, while S&P 500 (^GSPC) has a volatility of 3.66%. 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.