^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.
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
Key characteristics
^GDAXI:
1.58
^AEX:
0.93
^GDAXI:
2.19
^AEX:
1.37
^GDAXI:
1.27
^AEX:
1.18
^GDAXI:
2.35
^AEX:
1.23
^GDAXI:
8.63
^AEX:
2.97
^GDAXI:
2.21%
^AEX:
3.78%
^GDAXI:
11.97%
^AEX:
11.97%
^GDAXI:
-72.68%
^AEX:
-71.60%
^GDAXI:
-2.65%
^AEX:
-7.35%
Returns By Period
In the year-to-date period, ^GDAXI achieves a 18.70% return, which is significantly higher than ^AEX's 11.26% return. Both investments have delivered pretty close results over the past 10 years, with ^GDAXI having a 7.15% annualized return and ^AEX not far ahead at 7.34%.
^GDAXI
18.70%
4.63%
9.48%
19.16%
8.24%
7.15%
^AEX
11.26%
1.96%
-5.38%
10.83%
7.40%
7.34%
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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) has a higher volatility of 3.52% compared to AEX Index (^AEX) at 2.93%. This indicates that ^GDAXI's price experiences larger fluctuations and is considered to be riskier than ^AEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.