^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 0.86, 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:
0.58
^AEX:
-0.62
^GDAXI:
0.86
^AEX:
-0.73
^GDAXI:
1.11
^AEX:
0.90
^GDAXI:
0.61
^AEX:
-0.56
^GDAXI:
3.30
^AEX:
-1.89
^GDAXI:
2.94%
^AEX:
4.72%
^GDAXI:
16.61%
^AEX:
14.30%
^GDAXI:
-72.68%
^AEX:
-71.60%
^GDAXI:
-16.01%
^AEX:
-16.03%
Returns By Period
In the year-to-date period, ^GDAXI achieves a -1.20% return, which is significantly higher than ^AEX's -9.35% return. Both investments have delivered pretty close results over the past 10 years, with ^GDAXI having a 4.71% annualized return and ^AEX not far behind at 4.54%.
^GDAXI
-1.20%
-13.04%
2.16%
8.82%
13.08%
4.71%
^AEX
-9.35%
-11.75%
-13.02%
-9.60%
9.26%
4.54%
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Risk-Adjusted Performance
^GDAXI vs. ^AEX — Risk-Adjusted Performance Rank
^GDAXI
^AEX
^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 9.80% compared to AEX Index (^AEX) at 9.17%. 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.