^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 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^FCHI vs. DAX - Performance Comparison
Key characteristics
^FCHI:
-0.42
DAX:
1.52
^FCHI:
-0.46
DAX:
2.23
^FCHI:
0.94
DAX:
1.30
^FCHI:
-0.42
DAX:
1.96
^FCHI:
-0.85
DAX:
8.20
^FCHI:
8.20%
DAX:
3.83%
^FCHI:
16.69%
DAX:
20.59%
^FCHI:
-65.29%
DAX:
-45.58%
^FCHI:
-8.95%
DAX:
-1.40%
Returns By Period
In the year-to-date period, ^FCHI achieves a 1.65% return, which is significantly lower than DAX's 22.78% return. Over the past 10 years, ^FCHI has underperformed DAX with an annualized return of 3.54%, while DAX has yielded a comparatively higher 6.16% annualized return.
^FCHI
1.65%
-7.47%
-0.01%
-7.28%
11.10%
3.54%
DAX
22.78%
1.04%
20.12%
29.76%
16.82%
6.16%
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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
The current volatility for CAC 40 (^FCHI) is 11.81%, while Global X DAX Germany ETF (DAX) has a volatility of 12.67%. This indicates that ^FCHI experiences smaller price fluctuations and is considered to be less risky than DAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.