GBP=X vs. CHFUSD=X

Last updated Apr 2, 2026

Compare and contrast key facts about USD/GBP (GBP=X) and USD/CHF (CHFUSD=X).

Performance

GBP=X vs. CHFUSD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in USD/GBP (GBP=X) and USD/CHF (CHFUSD=X). The values are adjusted to include any dividend payments, if applicable.

GBP=X vs. CHFUSD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GBP=X USD/GBP	1.65%	-7.12%	1.75%	-5.00%	11.89%	0.95%	-2.94%	-3.80%	5.93%	-8.65%
CHFUSD=X USD/CHF	1.33%	6.40%	-5.68%	4.34%	10.39%	-2.05%	6.21%	-2.60%	5.29%	-4.49%

Different Trading Currencies

GBP=X is traded in GBP, while CHFUSD=X is traded in USD. To make them comparable, the CHFUSD=X values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, GBP=X achieves a 1.65% return, which is significantly higher than CHFUSD=X's 1.33% return. Over the past 10 years, GBP=X has underperformed CHFUSD=X with an annualized return of 0.71%, while CHFUSD=X has yielded a comparatively higher 2.62% annualized return.

GBP=X

• 1D: -0.23%
• 1M: 1.13%
• YTD: 1.65%
• 6M: 1.69%
• 1Y: -2.51%
• 3Y*: -2.37%
• 5Y*: 0.86%
• 10Y*: 0.71%

CHFUSD=X

• 1D: 0.26%
• 1M: -0.85%
• YTD: 1.33%
• 6M: 1.93%
• 1Y: 8.34%
• 3Y*: 2.32%
• 5Y*: 4.36%
• 10Y*: 2.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GBP=X vs. CHFUSD=X — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GBP=X

GBP=X Risk / Return Rank: 51
GBP=X Sharpe Ratio Rank: 40
GBP=X Sortino Ratio Rank: 39
GBP=X Omega Ratio Rank: 42
GBP=X Calmar Ratio Rank: 67
GBP=X Martin Ratio Rank: 66

CHFUSD=X

CHFUSD=X Risk / Return Rank: 79
CHFUSD=X Sharpe Ratio Rank: 83
CHFUSD=X Sortino Ratio Rank: 84
CHFUSD=X Omega Ratio Rank: 83
CHFUSD=X Calmar Ratio Rank: 74
CHFUSD=X Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GBP=X vs. CHFUSD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD/GBP (GBP=X) and USD/CHF (CHFUSD=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.

	GBP=X	CHFUSD=X	Difference
Sharpe ratio Return per unit of total volatility	-0.30	0.96	-1.26
Sortino ratio Return per unit of downside risk	-0.38	1.53	-1.91
Omega ratio Gain probability vs. loss probability	0.96	1.19	-0.24
Calmar ratio Return relative to maximum drawdown	0.37	1.96	-1.58
Martin ratio Return relative to average drawdown	0.90	4.13	-3.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GBP=X vs. CHFUSD=X - Sharpe Ratio Comparison

The current GBP=X Sharpe Ratio is -0.30, which is lower than the CHFUSD=X Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of GBP=X and CHFUSD=X, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GBP=X	CHFUSD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.30	0.96	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.55	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	0.29	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.39	-0.18

Correlation

The correlation between GBP=X and CHFUSD=X is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Drawdowns

GBP=X vs. CHFUSD=X - Drawdown Comparison

The maximum GBP=X drawdown since its inception was -22.85%, smaller than the maximum CHFUSD=X drawdown of -24.45%. Use the drawdown chart below to compare losses from any high point for GBP=X and CHFUSD=X.

Drawdown Indicators

	GBP=X	CHFUSD=X	Difference
Max Drawdown Largest peak-to-trough decline	-22.85%	-29.99%	+7.14%
Max Drawdown (1Y) Largest decline over 1 year	-8.11%	-4.79%	-3.32%
Max Drawdown (5Y) Largest decline over 5 years	-22.85%	-11.70%	-11.15%
Max Drawdown (10Y) Largest decline over 10 years	-22.85%	-13.35%	-9.50%
Current Drawdown Current decline from peak	-19.40%	-9.27%	-10.13%
Average Drawdown Average peak-to-trough decline	-10.98%	-18.55%	+7.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	1.78%	+0.70%

Volatility

GBP=X vs. CHFUSD=X - Volatility Comparison

USD/GBP (GBP=X) has a higher volatility of 2.74% compared to USD/CHF (CHFUSD=X) at 1.58%. This indicates that GBP=X's price experiences larger fluctuations and is considered to be riskier than CHFUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GBP=X	CHFUSD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.74%	1.58%	+1.16%
Volatility (6M) Calculated over the trailing 6-month period	4.68%	3.72%	+0.96%
Volatility (1Y) Calculated over the trailing 1-year period	6.73%	6.93%	-0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.25%	7.07%	+1.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.29%	8.42%	+0.87%