^GDAXI vs. ^FCHI
Compare and contrast key facts about DAX Performance Index (^GDAXI) and CAC 40 (^FCHI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GDAXI or ^FCHI.
Correlation
The correlation between ^GDAXI and ^FCHI is 0.90, 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. ^FCHI - Performance Comparison
Key characteristics
^GDAXI:
0.85
^FCHI:
-0.65
^GDAXI:
1.23
^FCHI:
-0.78
^GDAXI:
1.16
^FCHI:
0.90
^GDAXI:
0.92
^FCHI:
-0.64
^GDAXI:
4.67
^FCHI:
-1.35
^GDAXI:
3.14%
^FCHI:
7.96%
^GDAXI:
17.18%
^FCHI:
16.37%
^GDAXI:
-72.68%
^FCHI:
-65.29%
^GDAXI:
-13.00%
^FCHI:
-13.52%
Returns By Period
In the year-to-date period, ^GDAXI achieves a 2.34% return, which is significantly higher than ^FCHI's -3.45% return. Over the past 10 years, ^GDAXI has outperformed ^FCHI with an annualized return of 5.20%, while ^FCHI has yielded a comparatively lower 3.04% annualized return.
^GDAXI
2.34%
-10.15%
5.16%
13.48%
13.85%
5.20%
^FCHI
-3.45%
-10.27%
-5.51%
-11.43%
9.42%
3.04%
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Risk-Adjusted Performance
^GDAXI vs. ^FCHI — Risk-Adjusted Performance Rank
^GDAXI
^FCHI
^GDAXI vs. ^FCHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DAX Performance Index (^GDAXI) and CAC 40 (^FCHI). 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. ^FCHI - Drawdown Comparison
The maximum ^GDAXI drawdown since its inception was -72.68%, which is greater than ^FCHI's maximum drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for ^GDAXI and ^FCHI. For additional features, visit the drawdowns tool.
Volatility
^GDAXI vs. ^FCHI - Volatility Comparison
DAX Performance Index (^GDAXI) has a higher volatility of 12.09% compared to CAC 40 (^FCHI) at 11.49%. This indicates that ^GDAXI's price experiences larger fluctuations and is considered to be riskier than ^FCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.