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 8.45%/yr vs 9.58%/yr for ^GDAXI. A 0.72 correlation means they provide meaningful diversification when combined.
Performance
SXRW.DE vs. ^GDAXI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SXRW.DE achieves a 11.21% return, which is significantly higher than ^GDAXI's 1.74% return. Over the past 10 years, SXRW.DE has underperformed ^GDAXI with an annualized return of 8.45%, while ^GDAXI has yielded a comparatively higher 9.58% annualized return.
SXRW.DE
- 1D
- 0.06%
- 1M
- 4.30%
- 6M
- 7.30%
- YTD
- 11.21%
- 1Y
- 24.18%
- 3Y*
- 16.83%
- 5Y*
- 12.74%
- 10Y*
- 8.45%
^GDAXI
- 1D
- 0.00%
- 1M
- -0.28%
- 6M
- -1.51%
- YTD
- 1.74%
- 1Y
- 2.58%
- 3Y*
- 15.61%
- 5Y*
- 9.90%
- 10Y*
- 9.58%
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) | 11.21% | 20.63% | 13.57% | 10.46% | -1.47% | 24.81% | -15.42% | 25.18% | -10.61% | 8.11% |
^GDAXI DAX Performance Index | 1.74% | 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 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2010 | 0.72 |
The correlation between SXRW.DE and ^GDAXI has been stable across timeframes, ranging from 0.64 to 0.74 - a consistent structural relationship.
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
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.
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.
| SXRW.DE | ^GDAXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.81 | ||
| Sortino ratioReturn per unit of downside risk | +2.40 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.04 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 0.18 | +2.84 |
| Martin ratioReturn relative to average drawdown | 11.09 | 0.58 | +10.51 |
Loading charts...
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.
Loading charts...
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 | -0.27% | -3.50% | +3.23% |
Average DrawdownAverage peak-to-trough decline | -5.99% | -15.49% | +9.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 3.87% | -1.71% |
Volatility
SXRW.DE vs. ^GDAXI - Volatility Comparison
The current volatility for iShares Core FTSE 100 UCITS ETF GBP (Acc) (SXRW.DE) is 3.02%, while DAX Performance Index (^GDAXI) has a volatility of 4.61%. 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.
Loading charts...
Volatility by Period
| SXRW.DE | ^GDAXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.02% | 4.61% | -1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 10.38% | 13.53% | -3.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.34% | 16.16% | -3.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 17.07% | -3.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.31% | 18.11% | -1.80% |
Frequently Asked Questions
SXRW.DE and ^GDAXI have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SXRW.DE and ^GDAXI
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