^GDAXI vs. ^AEX
Compare and contrast key facts about DAX Performance Index (^GDAXI) and AEX Index (^AEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GDAXI or ^AEX.
Key characteristics
| ^GDAXI | ^AEX | |
|---|---|---|
| YTD Return | 11.63% | 14.33% |
| 1Y Return | 18.31% | 20.84% |
| 3Y Return (Ann) | 5.85% | 4.02% |
| 5Y Return (Ann) | 8.35% | 9.14% |
| 10Y Return (Ann) | 6.82% | 7.86% |
| Sharpe Ratio | 1.65 | 1.95 |
| Daily Std Dev | 11.72% | 11.53% |
| Max Drawdown | -72.68% | -71.60% |
| Current Drawdown | -1.22% | -4.80% |
Correlation
The correlation between ^GDAXI and ^AEX 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
^GDAXI vs. ^AEX - Performance Comparison
In the year-to-date period, ^GDAXI achieves a 11.63% return, which is significantly lower than ^AEX's 14.33% return. Over the past 10 years, ^GDAXI has underperformed ^AEX with an annualized return of 6.82%, while ^AEX has yielded a comparatively higher 7.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^GDAXI vs. ^AEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DAX Performance Index (^GDAXI) and AEX Index (^AEX). 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
^GDAXI vs. ^AEX - Drawdown Comparison
The maximum ^GDAXI drawdown since its inception was -72.68%, roughly equal to the maximum ^AEX drawdown of -71.60%. Use the drawdown chart below to compare losses from any high point for ^GDAXI and ^AEX. For additional features, visit the drawdowns tool.
Volatility
^GDAXI vs. ^AEX - Volatility Comparison
DAX Performance Index (^GDAXI) and AEX Index (^AEX) have volatilities of 3.97% and 3.91%, 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.