XAU.TO vs. DAX
Compare and contrast key facts about Goldmoney Inc. (XAU.TO) 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: XAU.TO or DAX.
Key characteristics
| XAU.TO | DAX | |
|---|---|---|
| YTD Return | 18.57% | 11.01% |
| 1Y Return | 11.57% | 25.35% |
| 3Y Return (Ann) | -9.94% | 3.13% |
| 5Y Return (Ann) | -1.93% | 6.54% |
| 10Y Return (Ann) | 194.55% | 5.37% |
| Sharpe Ratio | 0.32 | 1.79 |
| Sortino Ratio | 0.75 | 2.46 |
| Omega Ratio | 1.09 | 1.31 |
| Calmar Ratio | 0.13 | 1.62 |
| Martin Ratio | 1.13 | 9.20 |
| Ulcer Index | 9.60% | 2.83% |
| Daily Std Dev | 34.46% | 14.58% |
| Max Drawdown | -83.45% | -45.58% |
| Current Drawdown | -76.24% | -4.47% |
Correlation
The correlation between XAU.TO and DAX is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XAU.TO vs. DAX - Performance Comparison
In the year-to-date period, XAU.TO achieves a 18.57% return, which is significantly higher than DAX's 11.01% return. Over the past 10 years, XAU.TO has outperformed DAX with an annualized return of 194.55%, while DAX has yielded a comparatively lower 5.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
XAU.TO vs. DAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldmoney Inc. (XAU.TO) 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
XAU.TO vs. DAX - Dividend Comparison
XAU.TO has not paid dividends to shareholders, while DAX's dividend yield for the trailing twelve months is around 2.30%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
XAU.TO Goldmoney Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2,139,037.43% | 0.00% | 0.00% | 0.00% | 0.00% |
DAX Global X DAX Germany ETF | 2.30% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% |
Drawdowns
XAU.TO vs. DAX - Drawdown Comparison
The maximum XAU.TO drawdown since its inception was -83.45%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for XAU.TO and DAX. For additional features, visit the drawdowns tool.
Volatility
XAU.TO vs. DAX - Volatility Comparison
Goldmoney Inc. (XAU.TO) has a higher volatility of 5.91% compared to Global X DAX Germany ETF (DAX) at 4.49%. This indicates that XAU.TO'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.