EURUSD=X vs. ^STOXX
Compare and contrast key facts about EUR/USD (EURUSD=X) and STOXX Europe 600 Index (^STOXX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EURUSD=X or ^STOXX.
Correlation
The correlation between EURUSD=X and ^STOXX 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. ^STOXX - Performance Comparison
Key characteristics
EURUSD=X:
0.80
^STOXX:
0.20
EURUSD=X:
1.32
^STOXX:
0.36
EURUSD=X:
1.13
^STOXX:
1.05
EURUSD=X:
0.04
^STOXX:
0.18
EURUSD=X:
1.74
^STOXX:
0.78
EURUSD=X:
4.22%
^STOXX:
3.83%
EURUSD=X:
7.38%
^STOXX:
14.75%
EURUSD=X:
-39.99%
^STOXX:
-61.04%
EURUSD=X:
-29.06%
^STOXX:
-4.76%
Returns By Period
In the year-to-date period, EURUSD=X achieves a 9.54% return, which is significantly higher than ^STOXX's 5.66% return. Over the past 10 years, EURUSD=X has underperformed ^STOXX with an annualized return of 0.17%, while ^STOXX has yielded a comparatively higher 2.92% annualized return.
EURUSD=X
9.54%
3.52%
3.76%
5.32%
1.28%
0.17%
^STOXX
5.66%
8.06%
5.26%
5.54%
9.49%
2.92%
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Risk-Adjusted Performance
EURUSD=X vs. ^STOXX — Risk-Adjusted Performance Rank
EURUSD=X
^STOXX
EURUSD=X vs. ^STOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for EUR/USD (EURUSD=X) and STOXX Europe 600 Index (^STOXX). 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. ^STOXX - Drawdown Comparison
The maximum EURUSD=X drawdown since its inception was -39.99%, smaller than the maximum ^STOXX drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for EURUSD=X and ^STOXX. For additional features, visit the drawdowns tool.
Volatility
EURUSD=X vs. ^STOXX - Volatility Comparison
The current volatility for EUR/USD (EURUSD=X) is 3.55%, while STOXX Europe 600 Index (^STOXX) has a volatility of 9.97%. This indicates that EURUSD=X experiences smaller price fluctuations and is considered to be less risky than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.