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RUB=X vs. IMOEX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between RUB=X and IMOEX is 0.31, 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.


-0.50.00.51.00.3

Performance

RUB=X vs. IMOEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USD/RUB (RUB=X) and MOEX Russia Index (IMOEX). The values are adjusted to include any dividend payments, if applicable.

-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.17%
-43.94%
RUB=X
IMOEX

Key characteristics

Sharpe Ratio

RUB=X:

0.67

IMOEX:

-0.76

Sortino Ratio

RUB=X:

1.11

IMOEX:

-1.02

Omega Ratio

RUB=X:

1.15

IMOEX:

0.87

Calmar Ratio

RUB=X:

0.32

IMOEX:

-0.36

Martin Ratio

RUB=X:

2.87

IMOEX:

-0.99

Ulcer Index

RUB=X:

4.44%

IMOEX:

15.97%

Daily Std Dev

RUB=X:

19.21%

IMOEX:

20.59%

Max Drawdown

RUB=X:

-99.02%

IMOEX:

-83.89%

Current Drawdown

RUB=X:

-25.88%

IMOEX:

-38.46%

Returns By Period

In the year-to-date period, RUB=X achieves a 15.40% return, which is significantly higher than IMOEX's -14.87% return. Over the past 10 years, RUB=X has underperformed IMOEX with an annualized return of 5.42%, while IMOEX has yielded a comparatively higher 6.57% annualized return.


RUB=X

YTD

15.40%

1M

2.38%

6M

15.63%

1Y

10.90%

5Y*

9.06%

10Y*

5.42%

IMOEX

YTD

-14.87%

1M

1.60%

6M

-15.28%

1Y

-14.16%

5Y*

-2.65%

10Y*

6.57%

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Risk-Adjusted Performance

RUB=X vs. IMOEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USD/RUB (RUB=X) and MOEX Russia Index (IMOEX). 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.


Sharpe ratio
The chart of Sharpe ratio for RUB=X, currently valued at -0.09, compared to the broader market0.002.004.006.008.0010.00-0.09-1.04
The chart of Sortino ratio for RUB=X, currently valued at -0.08, compared to the broader market0.0010.0020.0030.0040.00-0.08-1.52
The chart of Omega ratio for RUB=X, currently valued at 0.99, compared to the broader market2.004.006.008.0010.000.990.82
The chart of Calmar ratio for RUB=X, currently valued at -0.01, compared to the broader market0.0020.0040.0060.0080.00-0.01-0.46
The chart of Martin ratio for RUB=X, currently valued at -0.97, compared to the broader market0.00100.00200.00300.00400.00500.00600.00-0.97-1.61
RUB=X
IMOEX

The current RUB=X Sharpe Ratio is 0.67, which is higher than the IMOEX Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of RUB=X and IMOEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.09
-1.04
RUB=X
IMOEX

Drawdowns

RUB=X vs. IMOEX - Drawdown Comparison

The maximum RUB=X drawdown since its inception was -99.02%, which is greater than IMOEX's maximum drawdown of -83.89%. Use the drawdown chart below to compare losses from any high point for RUB=X and IMOEX. For additional features, visit the drawdowns tool.


-65.00%-60.00%-55.00%-50.00%-45.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-48.12%
-58.04%
RUB=X
IMOEX

Volatility

RUB=X vs. IMOEX - Volatility Comparison

The current volatility for USD/RUB (RUB=X) is 1.85%, while MOEX Russia Index (IMOEX) has a volatility of 17.57%. This indicates that RUB=X experiences smaller price fluctuations and is considered to be less risky than IMOEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
1.85%
17.57%
RUB=X
IMOEX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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