XDAX.L vs. ^GDAXI
Compare and contrast key facts about Xtrackers DAX UCITS ETF 1C (XDAX.L) and DAX Performance Index (^GDAXI).
XDAX.L is a passively managed fund by Xtrackers that tracks the performance of the FSE DAX TR EUR. It was launched on Jan 10, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XDAX.L or ^GDAXI.
Key characteristics
| XDAX.L | ^GDAXI | |
|---|---|---|
| YTD Return | 7.76% | 11.70% |
| 1Y Return | 16.16% | 19.45% |
| 3Y Return (Ann) | 5.59% | 6.39% |
| 5Y Return (Ann) | 6.98% | 8.38% |
| Sharpe Ratio | 1.34 | 1.74 |
| Daily Std Dev | 12.08% | 11.64% |
| Max Drawdown | -37.09% | -72.68% |
| Current Drawdown | -2.82% | -1.16% |
Correlation
The correlation between XDAX.L and ^GDAXI is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XDAX.L vs. ^GDAXI - Performance Comparison
In the year-to-date period, XDAX.L achieves a 7.76% return, which is significantly lower than ^GDAXI's 11.70% 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
XDAX.L vs. ^GDAXI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers DAX UCITS ETF 1C (XDAX.L) 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.
Drawdowns
XDAX.L vs. ^GDAXI - Drawdown Comparison
The maximum XDAX.L drawdown since its inception was -37.09%, smaller than the maximum ^GDAXI drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for XDAX.L and ^GDAXI. For additional features, visit the drawdowns tool.
Volatility
XDAX.L vs. ^GDAXI - Volatility Comparison
Xtrackers DAX UCITS ETF 1C (XDAX.L) has a higher volatility of 4.17% compared to DAX Performance Index (^GDAXI) at 3.69%. This indicates that XDAX.L's price experiences larger fluctuations and is considered to be riskier than ^GDAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.