^AEX vs. ^GDAXI
Compare and contrast key facts about AEX Index (^AEX) and DAX Performance Index (^GDAXI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^AEX or ^GDAXI.
Key characteristics
| ^AEX | ^GDAXI | |
|---|---|---|
| YTD Return | 11.75% | 9.25% |
| 1Y Return | 18.87% | 16.43% |
| 3Y Return (Ann) | 3.37% | 4.84% |
| 5Y Return (Ann) | 8.91% | 8.37% |
| 10Y Return (Ann) | 7.59% | 6.50% |
| Sharpe Ratio | 1.68 | 1.41 |
| Daily Std Dev | 11.45% | 11.61% |
| Max Drawdown | -71.60% | -72.68% |
| Current Drawdown | -6.94% | -3.32% |
Correlation
The correlation between ^AEX and ^GDAXI is 0.79, 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
^AEX vs. ^GDAXI - Performance Comparison
In the year-to-date period, ^AEX achieves a 11.75% return, which is significantly higher than ^GDAXI's 9.25% return. Over the past 10 years, ^AEX has outperformed ^GDAXI with an annualized return of 7.59%, while ^GDAXI has yielded a comparatively lower 6.50% 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
^AEX vs. ^GDAXI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AEX Index (^AEX) 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
^AEX vs. ^GDAXI - Drawdown Comparison
The maximum ^AEX drawdown since its inception was -71.60%, roughly equal to the maximum ^GDAXI drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for ^AEX and ^GDAXI. For additional features, visit the drawdowns tool.
Volatility
^AEX vs. ^GDAXI - Volatility Comparison
AEX Index (^AEX) and DAX Performance Index (^GDAXI) have volatilities of 3.77% and 3.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.