SXRW.DE vs. ^GDAXI
SXRW.DE (iShares Core FTSE 100 UCITS ETF GBP (Acc)) is Europe Equities fund tracking the FTSE 100, while ^GDAXI (DAX Performance Index) is an index. Over the past 10 years, SXRW.DE returned 8.04%/yr vs 9.44%/yr for ^GDAXI. A 0.73 correlation means they provide meaningful diversification when combined.
Performance
SXRW.DE vs. ^GDAXI - Performance Comparison
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Returns By Period
In the year-to-date period, SXRW.DE achieves a 6.50% return, which is significantly higher than ^GDAXI's 1.86% return. Over the past 10 years, SXRW.DE has underperformed ^GDAXI with an annualized return of 8.04%, while ^GDAXI has yielded a comparatively higher 9.44% annualized return.
SXRW.DE
- 1D
- 0.14%
- 1M
- -0.73%
- YTD
- 6.50%
- 6M
- 9.61%
- 1Y
- 18.23%
- 3Y*
- 14.51%
- 5Y*
- 11.57%
- 10Y*
- 8.04%
^GDAXI
- 1D
- 0.60%
- 1M
- 0.11%
- YTD
- 1.86%
- 6M
- 3.82%
- 1Y
- 2.55%
- 3Y*
- 16.04%
- 5Y*
- 9.71%
- 10Y*
- 9.44%
SXRW.DE vs. ^GDAXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SXRW.DE iShares Core FTSE 100 UCITS ETF GBP (Acc) | 6.50% | 20.63% | 13.57% | 10.46% | -1.47% | 24.81% | -15.42% | 25.18% | -10.61% | 8.11% |
^GDAXI DAX Performance Index | 1.86% | 23.01% | 18.85% | 20.31% | -12.35% | 15.79% | 3.55% | 25.48% | -18.26% | 12.51% |
Correlation
The correlation between SXRW.DE and ^GDAXI is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.73 |
The correlation between SXRW.DE and ^GDAXI has been stable across timeframes, ranging from 0.66 to 0.75 - a consistent structural relationship.
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Return for Risk
SXRW.DE vs. ^GDAXI — Risk / Return Rank
SXRW.DE
^GDAXI
SXRW.DE vs. ^GDAXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core FTSE 100 UCITS ETF GBP (Acc) (SXRW.DE) and DAX Performance Index (^GDAXI). 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.
| SXRW.DE | ^GDAXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.33 | ||
| Sortino ratioReturn per unit of downside risk | +1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.04 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 0.22 | +2.08 |
| Martin ratioReturn relative to average drawdown | 8.40 | 0.70 | +7.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SXRW.DE | ^GDAXI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 0.17 | +1.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.56 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.51 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.42 | +0.09 |
Drawdowns
SXRW.DE vs. ^GDAXI - Drawdown Comparison
The maximum SXRW.DE drawdown since its inception was -40.31%, smaller than the maximum ^GDAXI drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for SXRW.DE and ^GDAXI.
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Drawdown Indicators
| SXRW.DE | ^GDAXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.31% | -72.68% | +32.37% |
Max Drawdown (1Y)Largest decline over 1 year | -7.91% | -12.27% | +4.36% |
Max Drawdown (3Y)Largest decline over 3 years | -16.86% | -16.01% | -0.85% |
Max Drawdown (5Y)Largest decline over 5 years | -16.86% | -26.40% | +9.54% |
Max Drawdown (10Y)Largest decline over 10 years | -40.31% | -38.78% | -1.53% |
Current DrawdownCurrent decline from peak | -2.75% | -1.87% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -6.05% | -14.71% | +8.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 3.92% | -1.75% |
Volatility
SXRW.DE vs. ^GDAXI - Volatility Comparison
The current volatility for iShares Core FTSE 100 UCITS ETF GBP (Acc) (SXRW.DE) is 4.45%, while DAX Performance Index (^GDAXI) has a volatility of 5.14%. This indicates that SXRW.DE experiences smaller price fluctuations and is considered to be less risky than ^GDAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SXRW.DE | ^GDAXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 5.14% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 12.92% | -2.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.13% | 15.99% | -3.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.13% | 17.03% | -2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.93% | 18.35% | -1.42% |
Frequently Asked Questions
SXRW.DE and ^GDAXI have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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