SAFRY vs. DAX
Compare and contrast key facts about Safran SA (SAFRY) and Global X DAX Germany ETF (DAX).
DAX is a passively managed fund by Global X that tracks the performance of the DAX Index. It was launched on Oct 22, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAFRY or DAX.
Correlation
The correlation between SAFRY and DAX is 0.59, 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
SAFRY vs. DAX - Performance Comparison
Key characteristics
SAFRY:
0.38
DAX:
1.23
SAFRY:
0.65
DAX:
1.85
SAFRY:
1.09
DAX:
1.25
SAFRY:
0.43
DAX:
1.57
SAFRY:
1.46
DAX:
6.58
SAFRY:
6.88%
DAX:
3.82%
SAFRY:
26.76%
DAX:
20.50%
SAFRY:
-65.58%
DAX:
-45.58%
SAFRY:
-16.66%
DAX:
-6.58%
Returns By Period
In the year-to-date period, SAFRY achieves a 9.98% return, which is significantly lower than DAX's 16.33% return. Over the past 10 years, SAFRY has outperformed DAX with an annualized return of 13.75%, while DAX has yielded a comparatively lower 5.77% annualized return.
SAFRY
9.98%
-11.55%
3.74%
10.47%
24.85%
13.75%
DAX
16.33%
-3.51%
13.44%
25.75%
15.46%
5.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SAFRY vs. DAX — Risk-Adjusted Performance Rank
SAFRY
DAX
SAFRY vs. DAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Safran SA (SAFRY) and Global X DAX Germany ETF (DAX). 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.
Dividends
SAFRY vs. DAX - Dividend Comparison
SAFRY's dividend yield for the trailing twelve months is around 0.99%, less than DAX's 1.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SAFRY Safran SA | 0.99% | 1.09% | 0.83% | 0.42% | 0.42% | 0.00% | 1.32% | 1.60% | 0.90% | 2.25% | 1.94% | 2.56% |
DAX Global X DAX Germany ETF | 1.93% | 2.24% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% | 0.00% |
Drawdowns
SAFRY vs. DAX - Drawdown Comparison
The maximum SAFRY drawdown since its inception was -65.58%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for SAFRY and DAX. For additional features, visit the drawdowns tool.
Volatility
SAFRY vs. DAX - Volatility Comparison
Safran SA (SAFRY) has a higher volatility of 13.40% compared to Global X DAX Germany ETF (DAX) at 12.26%. This indicates that SAFRY's price experiences larger fluctuations and is considered to be riskier than DAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.