MXNUSD=X vs. EURUSD=X
MXNUSD=X (MXN/USD) and EURUSD=X (Euro / U.S. Dollar) are both currencies. Over the past 10 years, MXNUSD=X returned 0.91%/yr vs 0.30%/yr for EURUSD=X. At a 0.35 correlation, their price movements are largely independent.
Performance
MXNUSD=X vs. EURUSD=X - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MXNUSD=X achieves a 3.03% return, which is significantly higher than EURUSD=X's -3.24% return. Over the past 10 years, MXNUSD=X has outperformed EURUSD=X with an annualized return of 0.91%, while EURUSD=X has yielded a comparatively lower 0.30% annualized return.
MXNUSD=X
- 1D
- 0.76%
- 1M
- -1.03%
- YTD
- 3.03%
- 6M
- 2.57%
- 1Y
- 8.44%
- 3Y*
- -0.68%
- 5Y*
- 2.54%
- 10Y*
- 0.91%
EURUSD=X
- 1D
- 0.05%
- 1M
- -2.29%
- YTD
- -3.24%
- 6M
- -3.56%
- 1Y
- -2.52%
- 3Y*
- 1.38%
- 5Y*
- -0.97%
- 10Y*
- 0.30%
MXNUSD=X vs. EURUSD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXNUSD=X MXN/USD | 3.03% | 15.65% | -18.53% | 14.83% | 5.29% | -3.10% | -4.83% | 3.73% | 0.35% | 5.25% |
EURUSD=X Euro / U.S. Dollar | -3.24% | 13.43% | -6.18% | 3.16% | -6.01% | -6.81% | 8.85% | -1.94% | -4.66% | 14.14% |
Correlation
The correlation between MXNUSD=X and EURUSD=X is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2007 | 0.35 |
Over the past year, MXNUSD=X and EURUSD=X have become more correlated (0.61) than their long-term average of 0.35, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MXNUSD=X vs. EURUSD=X — Risk / Return Rank
MXNUSD=X
EURUSD=X
MXNUSD=X vs. EURUSD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MXN/USD (MXNUSD=X) and Euro / U.S. Dollar (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.
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.
| MXNUSD=X | EURUSD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.95 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | -0.36 | +1.58 |
| Martin ratioReturn relative to average drawdown | 4.44 | -0.82 | +5.27 |
Loading charts...
Drawdowns
MXNUSD=X vs. EURUSD=X - Drawdown Comparison
The maximum MXNUSD=X drawdown since its inception was -61.16%, which is greater than EURUSD=X's maximum drawdown of -40.01%. Use the drawdown chart below to compare losses from any high point for MXNUSD=X and EURUSD=X.
Loading charts...
Drawdown Indicators
| MXNUSD=X | EURUSD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.16% | -40.01% | -21.15% |
Max Drawdown (1Y)Largest decline over 1 year | -5.52% | -5.67% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -21.70% | -8.83% | -12.87% |
Max Drawdown (5Y)Largest decline over 5 years | -21.70% | -19.63% | -2.07% |
Max Drawdown (10Y)Largest decline over 10 years | -31.20% | -23.31% | -7.89% |
Current DrawdownCurrent decline from peak | -43.58% | -28.93% | -14.65% |
Average DrawdownAverage peak-to-trough decline | -36.93% | -23.50% | -13.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 2.68% | -1.05% |
Volatility
MXNUSD=X vs. EURUSD=X - Volatility Comparison
MXN/USD (MXNUSD=X) has a higher volatility of 2.46% compared to Euro / U.S. Dollar (EURUSD=X) at 1.46%. This indicates that MXNUSD=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.
Loading charts...
Volatility by Period
| MXNUSD=X | EURUSD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.46% | 1.46% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 6.86% | 4.19% | +2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.65% | 5.85% | +1.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.38% | 7.40% | +2.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.29% | 7.10% | +5.19% |
Frequently Asked Questions
MXNUSD=X and EURUSD=X have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXNUSD=X has higher volatility (2.46%) compared to EURUSD=X (1.46%). In terms of maximum drawdown, MXNUSD=X dropped -61.16% vs EURUSD=X's -40.01%.
MXNUSD=X currently has the higher Sharpe Ratio (0.88 vs -0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MXNUSD=X and EURUSD=X
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer