PL=F vs. EURUSD=X

Last updated Apr 3, 2026

Compare and contrast key facts about Platinum (PL=F) and EUR/USD (EURUSD=X).

Performance

PL=F vs. EURUSD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Platinum (PL=F) and EUR/USD (EURUSD=X). The values are adjusted to include any dividend payments, if applicable.

PL=F vs. EURUSD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PL=F Platinum	-1.72%	123.45%	-9.78%	-6.81%	12.08%	-10.47%	10.37%	22.13%	-14.68%	3.60%
EURUSD=X EUR/USD	-1.77%	13.43%	-6.18%	3.16%	-6.01%	-6.81%	8.85%	-1.94%	-4.66%	14.14%

Returns By Period

The year-to-date returns for both stocks are quite close, with PL=F having a -1.72% return and EURUSD=X slightly lower at -1.77%. Over the past 10 years, PL=F has outperformed EURUSD=X with an annualized return of 7.80%, while EURUSD=X has yielded a comparatively lower 0.13% annualized return.

PL=F

• 1D: 0.49%
• 1M: -3.63%
• YTD: -1.72%
• 6M: 27.86%
• 1Y: 100.91%
• 3Y*: 26.13%
• 5Y*: 10.59%
• 10Y*: 7.80%

EURUSD=X

• 1D: -0.45%
• 1M: -0.64%
• YTD: -1.77%
• 6M: -1.52%
• 1Y: 6.35%
• 3Y*: 1.93%
• 5Y*: -0.38%
• 10Y*: 0.13%

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

Return for Risk

PL=F vs. EURUSD=X — Risk / Return Rank

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

PL=F

PL=F Risk / Return Rank: 94
PL=F Sharpe Ratio Rank: 100
PL=F Sortino Ratio Rank: 89
PL=F Omega Ratio Rank: 100
PL=F Calmar Ratio Rank: 100
PL=F Martin Ratio Rank: 79

EURUSD=X

EURUSD=X Risk / Return Rank: 61
EURUSD=X Sharpe Ratio Rank: 72
EURUSD=X Sortino Ratio Rank: 74
EURUSD=X Omega Ratio Rank: 71
EURUSD=X Calmar Ratio Rank: 45
EURUSD=X Martin Ratio Rank: 42

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.

PL=F vs. EURUSD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Platinum (PL=F) 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.

	PL=F	EURUSD=X	Difference
Sharpe ratio Return per unit of total volatility	1.83	0.71	+1.11
Sortino ratio Return per unit of downside risk	2.08	1.17	+0.91
Omega ratio Gain probability vs. loss probability	1.32	1.14	+0.19
Calmar ratio Return relative to maximum drawdown	3.14	-0.07	+3.21
Martin ratio Return relative to average drawdown	8.75	-0.18	+8.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PL=F vs. EURUSD=X - Sharpe Ratio Comparison

The current PL=F Sharpe Ratio is 1.83, which is higher than the EURUSD=X Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of PL=F and EURUSD=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

	PL=F	EURUSD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	0.71	+1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	-0.05	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.02	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	-0.07	+0.19

Correlation

The correlation between PL=F and EURUSD=X is 0.30, 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.

Drawdowns

PL=F vs. EURUSD=X - Drawdown Comparison

The maximum PL=F drawdown since its inception was -68.68%, 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 PL=F and EURUSD=X.

Drawdown Indicators

	PL=F	EURUSD=X	Difference
Max Drawdown Largest peak-to-trough decline	-68.68%	-40.01%	-28.67%
Max Drawdown (1Y) Largest decline over 1 year	-35.53%	-5.19%	-30.34%
Max Drawdown (5Y) Largest decline over 5 years	-36.35%	-21.68%	-14.67%
Max Drawdown (10Y) Largest decline over 10 years	-49.56%	-23.31%	-26.25%
Current Drawdown Current decline from peak	-29.90%	-27.85%	-2.05%
Average Drawdown Average peak-to-trough decline	-36.47%	-23.13%	-13.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.77%	2.04%	+10.73%

Volatility

PL=F vs. EURUSD=X - Volatility Comparison

Platinum (PL=F) has a higher volatility of 14.12% compared to EUR/USD (EURUSD=X) at 2.29%. This indicates that PL=F'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.

Volatility by Period

	PL=F	EURUSD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.12%	2.29%	+11.83%
Volatility (6M) Calculated over the trailing 6-month period	49.49%	4.20%	+45.29%
Volatility (1Y) Calculated over the trailing 1-year period	53.14%	7.18%	+45.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.23%	7.46%	+27.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.52%	7.21%	+24.31%