GBPUSD=X vs. EURUSD=X
Compare and contrast key facts about GBP/USD (GBPUSD=X) and EUR/USD (EURUSD=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBPUSD=X or EURUSD=X.
Key characteristics
| GBPUSD=X | EURUSD=X | |
|---|---|---|
| YTD Return | -1.91% | -2.68% |
| 1Y Return | -1.04% | -2.40% |
| 3Y Return (Ann) | -3.51% | -3.89% |
| 5Y Return (Ann) | -0.79% | -0.84% |
| 10Y Return (Ann) | -2.84% | -2.36% |
| Sharpe Ratio | 0.07 | -0.03 |
| Daily Std Dev | 6.77% | 6.25% |
| Max Drawdown | -57.14% | -57.54% |
| Current Drawdown | -49.13% | -32.82% |
Correlation
The correlation between GBPUSD=X and EURUSD=X is 0.65, 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.
Performance
GBPUSD=X vs. EURUSD=X - Performance Comparison
In the year-to-date period, GBPUSD=X achieves a -1.91% return, which is significantly higher than EURUSD=X's -2.68% return. Over the past 10 years, GBPUSD=X has underperformed EURUSD=X with an annualized return of -2.84%, while EURUSD=X has yielded a comparatively higher -2.36% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GBPUSD=X vs. EURUSD=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GBP/USD (GBPUSD=X) and EUR/USD (EURUSD=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.
Drawdowns
GBPUSD=X vs. EURUSD=X - Drawdown Comparison
The maximum GBPUSD=X drawdown since its inception was -57.14%, roughly equal to the maximum EURUSD=X drawdown of -57.54%. Use the drawdown chart below to compare losses from any high point for GBPUSD=X and EURUSD=X. For additional features, visit the drawdowns tool.
Volatility
GBPUSD=X vs. EURUSD=X - Volatility Comparison
GBP/USD (GBPUSD=X) has a higher volatility of 1.55% compared to EUR/USD (EURUSD=X) at 1.16%. This indicates that GBPUSD=X's price experiences larger fluctuations and is considered to be riskier than EURUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.