^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.
Correlation
The correlation between ^AEX and ^GDAXI is 0.86, 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
Key characteristics
^AEX:
-0.17
^GDAXI:
1.07
^AEX:
-0.12
^GDAXI:
1.52
^AEX:
0.98
^GDAXI:
1.20
^AEX:
-0.16
^GDAXI:
1.17
^AEX:
-0.49
^GDAXI:
5.56
^AEX:
5.05%
^GDAXI:
3.37%
^AEX:
14.88%
^GDAXI:
17.37%
^AEX:
-71.60%
^GDAXI:
-72.68%
^AEX:
-10.16%
^GDAXI:
-9.45%
Returns By Period
In the year-to-date period, ^AEX achieves a -3.01% return, which is significantly lower than ^GDAXI's 6.51% return. Over the past 10 years, ^AEX has underperformed ^GDAXI with an annualized return of 5.38%, while ^GDAXI has yielded a comparatively higher 5.91% annualized return.
^AEX
-3.01%
-6.76%
-5.17%
-1.52%
10.81%
5.38%
^GDAXI
6.51%
-9.30%
8.28%
19.34%
14.62%
5.91%
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Risk-Adjusted Performance
^AEX vs. ^GDAXI — Risk-Adjusted Performance Rank
^AEX
^GDAXI
^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
The current volatility for AEX Index (^AEX) is 11.06%, while DAX Performance Index (^GDAXI) has a volatility of 12.24%. This indicates that ^AEX experiences smaller price fluctuations and is considered to be less risky than ^GDAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.