USDX vs. EUR=X
Compare and contrast key facts about SGI Enhanced Core ETF (USDX) and USD/EUR (EUR=X).
USDX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDX or EUR=X.
Correlation
The correlation between USDX and EUR=X is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
USDX vs. EUR=X - Performance Comparison
Key characteristics
USDX:
5.08
EUR=X:
-0.81
USDX:
8.41
EUR=X:
-1.02
USDX:
2.32
EUR=X:
0.87
USDX:
10.19
EUR=X:
-0.22
USDX:
65.44
EUR=X:
-1.79
USDX:
0.12%
EUR=X:
3.34%
USDX:
1.48%
EUR=X:
6.88%
USDX:
-0.74%
EUR=X:
-48.28%
USDX:
-0.47%
EUR=X:
-27.40%
Returns By Period
In the year-to-date period, USDX achieves a 1.27% return, which is significantly higher than EUR=X's -9.13% return.
USDX
1.27%
-0.18%
2.86%
7.45%
N/A
N/A
EUR=X
-9.13%
-4.75%
-4.63%
-6.48%
-0.87%
-0.56%
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
USDX vs. EUR=X — Risk-Adjusted Performance Rank
USDX
EUR=X
USDX vs. EUR=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Core ETF (USDX) and USD/EUR (EUR=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.
Drawdowns
USDX vs. EUR=X - Drawdown Comparison
The maximum USDX drawdown since its inception was -0.74%, smaller than the maximum EUR=X drawdown of -48.28%. Use the drawdown chart below to compare losses from any high point for USDX and EUR=X. For additional features, visit the drawdowns tool.
Volatility
USDX vs. EUR=X - Volatility Comparison
SGI Enhanced Core ETF (USDX) has a higher volatility of 0.65% compared to USD/EUR (EUR=X) at 0.51%. This indicates that USDX's price experiences larger fluctuations and is considered to be riskier than EUR=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.