^FCHI vs. DAX
Compare and contrast key facts about CAC 40 (^FCHI) 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: ^FCHI or DAX.
Correlation
The correlation between ^FCHI and DAX is 0.74, 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
^FCHI vs. DAX - Performance Comparison
Key characteristics
^FCHI:
0.33
DAX:
1.31
^FCHI:
0.54
DAX:
1.86
^FCHI:
1.06
DAX:
1.23
^FCHI:
0.32
DAX:
2.39
^FCHI:
0.57
DAX:
5.90
^FCHI:
7.58%
DAX:
3.27%
^FCHI:
13.18%
DAX:
14.76%
^FCHI:
-65.29%
DAX:
-45.58%
^FCHI:
-6.43%
DAX:
-0.67%
Returns By Period
The year-to-date returns for both stocks are quite close, with ^FCHI having a 4.46% return and DAX slightly lower at 4.41%. Both investments have delivered pretty close results over the past 10 years, with ^FCHI having a 5.48% annualized return and DAX not far behind at 5.41%.
^FCHI
4.46%
5.69%
2.33%
4.59%
4.79%
5.48%
DAX
4.41%
3.73%
8.57%
17.60%
6.92%
5.41%
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Risk-Adjusted Performance
^FCHI vs. DAX — Risk-Adjusted Performance Rank
^FCHI
DAX
^FCHI vs. DAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CAC 40 (^FCHI) 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.
Drawdowns
^FCHI vs. DAX - Drawdown Comparison
The maximum ^FCHI drawdown since its inception was -65.29%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for ^FCHI and DAX. For additional features, visit the drawdowns tool.
Volatility
^FCHI vs. DAX - Volatility Comparison
CAC 40 (^FCHI) has a higher volatility of 5.04% compared to Global X DAX Germany ETF (DAX) at 4.69%. This indicates that ^FCHI'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.