JPY=X vs. AA
Compare and contrast key facts about USD/JPY (JPY=X) and Alcoa Corporation (AA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JPY=X or AA.
Correlation
The correlation between JPY=X and AA is 0.01, 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
JPY=X vs. AA - Performance Comparison
Key characteristics
JPY=X:
-0.75
AA:
-0.67
JPY=X:
-0.97
AA:
-0.78
JPY=X:
0.88
AA:
0.91
JPY=X:
-0.57
AA:
-0.45
JPY=X:
-1.07
AA:
-1.64
JPY=X:
6.99%
AA:
19.80%
JPY=X:
9.74%
AA:
48.24%
JPY=X:
-52.58%
AA:
-90.90%
JPY=X:
-9.75%
AA:
-73.02%
Returns By Period
In the year-to-date period, JPY=X achieves a -7.17% return, which is significantly higher than AA's -34.12% return.
JPY=X
-7.17%
-1.42%
-1.86%
-3.75%
5.43%
1.79%
AA
-34.12%
-24.45%
-36.22%
-31.23%
29.76%
N/A
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Risk-Adjusted Performance
JPY=X vs. AA — Risk-Adjusted Performance Rank
JPY=X
AA
JPY=X vs. AA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/JPY (JPY=X) and Alcoa Corporation (AA). 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
JPY=X vs. AA - Drawdown Comparison
The maximum JPY=X drawdown since its inception was -52.58%, smaller than the maximum AA drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for JPY=X and AA. For additional features, visit the drawdowns tool.
Volatility
JPY=X vs. AA - Volatility Comparison
The current volatility for USD/JPY (JPY=X) is 3.02%, while Alcoa Corporation (AA) has a volatility of 18.00%. This indicates that JPY=X experiences smaller price fluctuations and is considered to be less risky than AA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.