VOW.DE vs. DAX
Compare and contrast key facts about Volkswagen AG (VOW.DE) 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: VOW.DE or DAX.
Key characteristics
| VOW.DE | DAX | |
|---|---|---|
| YTD Return | -23.36% | 7.57% |
| 1Y Return | -24.45% | 17.03% |
| 3Y Return (Ann) | -26.20% | 2.04% |
| 5Y Return (Ann) | -7.24% | 5.77% |
| 10Y Return (Ann) | -2.08% | 5.03% |
| Sharpe Ratio | -0.95 | 1.41 |
| Sortino Ratio | -1.30 | 1.99 |
| Omega Ratio | 0.85 | 1.24 |
| Calmar Ratio | -0.30 | 1.62 |
| Martin Ratio | -1.30 | 7.20 |
| Ulcer Index | 19.15% | 2.89% |
| Daily Std Dev | 26.32% | 14.73% |
| Max Drawdown | -93.35% | -45.58% |
| Current Drawdown | -83.74% | -7.43% |
Correlation
The correlation between VOW.DE 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
VOW.DE vs. DAX - Performance Comparison
In the year-to-date period, VOW.DE achieves a -23.36% return, which is significantly lower than DAX's 7.57% return. Over the past 10 years, VOW.DE has underperformed DAX with an annualized return of -2.08%, while DAX has yielded a comparatively higher 5.03% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
VOW.DE vs. DAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Volkswagen AG (VOW.DE) 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
VOW.DE vs. DAX - Dividend Comparison
VOW.DE's dividend yield for the trailing twelve months is around 10.60%, more than DAX's 2.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOW.DE Volkswagen AG | 10.60% | 7.34% | 17.99% | 1.86% | 6.64% | 2.77% | 2.80% | 1.19% | 0.08% | 3.37% | 2.22% | 1.78% |
DAX Global X DAX Germany ETF | 2.37% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% | 0.00% | 0.00% |
Drawdowns
VOW.DE vs. DAX - Drawdown Comparison
The maximum VOW.DE drawdown since its inception was -93.35%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for VOW.DE and DAX. For additional features, visit the drawdowns tool.
Volatility
VOW.DE vs. DAX - Volatility Comparison
Volkswagen AG (VOW.DE) has a higher volatility of 10.38% compared to Global X DAX Germany ETF (DAX) at 4.90%. This indicates that VOW.DE'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.