EURUSD=X vs. USD
Compare and contrast key facts about EUR/USD (EURUSD=X) and ProShares Ultra Semiconductors (USD).
USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EURUSD=X or USD.
Key characteristics
| EURUSD=X | USD | |
|---|---|---|
| YTD Return | 0.43% | 63.23% |
| 1Y Return | 3.59% | 108.87% |
| 3Y Return (Ann) | -2.04% | 33.17% |
| 5Y Return (Ann) | 0.10% | 51.13% |
| 10Y Return (Ann) | -1.47% | 41.37% |
| Sharpe Ratio | 0.90 | 1.30 |
| Daily Std Dev | 5.64% | 77.40% |
| Max Drawdown | -57.54% | -86.16% |
| Current Drawdown | -30.68% | -46.03% |
Correlation
The correlation between EURUSD=X and USD is 0.16, 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. USD - Performance Comparison
In the year-to-date period, EURUSD=X achieves a 0.43% return, which is significantly lower than USD's 63.23% return. Over the past 10 years, EURUSD=X has underperformed USD with an annualized return of -1.47%, while USD has yielded a comparatively higher 41.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
EURUSD=X vs. USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for EUR/USD (EURUSD=X) and ProShares Ultra Semiconductors (USD). 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. USD - Drawdown Comparison
The maximum EURUSD=X drawdown since its inception was -57.54%, smaller than the maximum USD drawdown of -86.16%. Use the drawdown chart below to compare losses from any high point for EURUSD=X and USD. For additional features, visit the drawdowns tool.
Volatility
EURUSD=X vs. USD - Volatility Comparison
The current volatility for EUR/USD (EURUSD=X) is 1.66%, while ProShares Ultra Semiconductors (USD) has a volatility of 27.75%. This indicates that EURUSD=X experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.