EXV8.DE vs. USD=X
EXV8.DE (iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE)) is Industrials Equities fund tracking the STOXX® Europe 600 Construction & Materials, while USD=X (USD Cash) is a currency. Over the past 10 years, EXV8.DE returned 10.25%/yr vs -0.38%/yr for USD=X. At a correlation of -0.08, they often move in opposite directions.
Performance
EXV8.DE vs. USD=X - Performance Comparison
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Different Trading Currencies
EXV8.DE is traded in EUR, while USD=X is traded in USD. To make them comparable, the USD=X values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EXV8.DE achieves a -0.80% return, which is significantly lower than USD=X's 2.97% return. Over the past 10 years, EXV8.DE has outperformed USD=X with an annualized return of 10.25%, while USD=X has yielded a comparatively lower -0.38% annualized return.
EXV8.DE
- 1D
- 0.09%
- 1M
- -5.59%
- 6M
- 0.97%
- YTD
- -0.80%
- 1Y
- 3.25%
- 3Y*
- 13.54%
- 5Y*
- 9.01%
- 10Y*
- 10.25%
- ALL TIME*
- 6.76%
USD=X
- 1D
- 0.00%
- 1M
- 0.46%
- 6M
- 2.78%
- YTD
- 2.97%
- 1Y
- 2.50%
- 3Y*
- -0.83%
- 5Y*
- 0.63%
- 10Y*
- -0.38%
- ALL TIME*
- 1.17%
EXV8.DE vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXV8.DE iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) | -0.80% | 25.00% | 6.42% | 33.57% | -18.92% | 32.25% | -2.02% | 42.92% | -18.62% | 10.41% |
USD=X USD Cash | 2.97% | -11.87% | 6.60% | -3.00% | 6.20% | 7.48% | -8.24% | 2.26% | 4.69% | -12.29% |
Correlation
The correlation between EXV8.DE and USD=X is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2007 | -0.08 |
The correlation between EXV8.DE and USD=X shifts across timeframes, from -0.18 (5 years) to -0.06 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
EXV8.DE vs. USD=X — Risk / Return Rank
EXV8.DE
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EXV8.DE vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) and USD Cash (USD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EXV8.DE | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.08 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 0.57 | -0.35 |
| Martin ratioReturn relative to average drawdown | 0.59 | 1.30 | -0.70 |
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Drawdowns
EXV8.DE vs. USD=X - Drawdown Comparison
The maximum EXV8.DE drawdown since its inception was -66.01%, which is greater than USD=X's maximum drawdown of -20.32%. Use the drawdown chart below to compare losses from any high point for EXV8.DE and USD=X.
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Drawdown Indicators
| EXV8.DE | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.01% | -20.32% | -45.69% |
Max Drawdown (1Y)Largest decline over 1 year | -15.30% | -5.33% | -9.97% |
Max Drawdown (3Y)Largest decline over 3 years | -16.83% | -15.23% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -29.23% | -20.32% | -8.91% |
Max Drawdown (10Y)Largest decline over 10 years | -42.80% | -20.32% | -22.48% |
Current DrawdownCurrent decline from peak | -8.33% | -15.88% | +7.55% |
Average DrawdownAverage peak-to-trough decline | -17.12% | -9.38% | -7.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.46% | 1.77% | +3.69% |
Volatility
EXV8.DE vs. USD=X - Volatility Comparison
iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) has a higher volatility of 6.19% compared to USD Cash (USD=X) at 1.08%. This indicates that EXV8.DE's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXV8.DE | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 1.08% | +5.11% |
Volatility (6M)Calculated over the trailing 6-month period | 16.96% | 4.62% | +12.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.20% | 5.30% | +14.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.59% | 6.42% | +13.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.97% | 6.14% | +13.83% |
Frequently Asked Questions
EXV8.DE and USD=X have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for EXV8.DE and USD=X
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