Correlation
The correlation between ^DXY and EEFT is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
^DXY vs. EEFT
Compare and contrast key facts about US Dollar Currency Index (^DXY) and Euronet Worldwide, Inc. (EEFT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DXY or EEFT.
Performance
^DXY vs. EEFT - Performance Comparison
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Key characteristics
^DXY:
-0.67
EEFT:
-0.15
^DXY:
-0.76
EEFT:
0.06
^DXY:
0.91
EEFT:
1.01
^DXY:
-0.18
EEFT:
-0.08
^DXY:
-0.99
EEFT:
-0.29
^DXY:
4.50%
EEFT:
12.94%
^DXY:
7.34%
EEFT:
32.60%
^DXY:
-45.13%
EEFT:
-87.92%
^DXY:
-23.51%
EEFT:
-36.38%
Returns By Period
In the year-to-date period, ^DXY achieves a -8.34% return, which is significantly lower than EEFT's 5.29% return. Over the past 10 years, ^DXY has underperformed EEFT with an annualized return of 0.37%, while EEFT has yielded a comparatively higher 6.10% annualized return.
^DXY
-8.34%
-0.03%
-5.95%
-5.04%
-0.76%
0.22%
0.37%
EEFT
5.29%
9.26%
3.00%
-4.86%
-3.68%
2.71%
6.10%
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Risk-Adjusted Performance
^DXY vs. EEFT — Risk-Adjusted Performance Rank
^DXY
EEFT
^DXY vs. EEFT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Dollar Currency Index (^DXY) and Euronet Worldwide, Inc. (EEFT). 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.
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Drawdowns
^DXY vs. EEFT - Drawdown Comparison
The maximum ^DXY drawdown since its inception was -45.13%, smaller than the maximum EEFT drawdown of -87.92%. Use the drawdown chart below to compare losses from any high point for ^DXY and EEFT.
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Volatility
^DXY vs. EEFT - Volatility Comparison
The current volatility for US Dollar Currency Index (^DXY) is 2.68%, while Euronet Worldwide, Inc. (EEFT) has a volatility of 7.87%. This indicates that ^DXY experiences smaller price fluctuations and is considered to be less risky than EEFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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