^STOXX vs. EUR=X
Compare and contrast key facts about STOXX Europe 600 Index (^STOXX) and USD/EUR (EUR=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^STOXX or EUR=X.
Key characteristics
| ^STOXX | EUR=X | |
|---|---|---|
| YTD Return | 7.97% | -0.75% |
| 1Y Return | 13.24% | -3.85% |
| 3Y Return (Ann) | 3.76% | 1.62% |
| 5Y Return (Ann) | 5.60% | -0.13% |
| 10Y Return (Ann) | 3.96% | 1.36% |
| Sharpe Ratio | 1.39 | -0.36 |
| Daily Std Dev | 10.22% | 5.45% |
| Max Drawdown | -61.04% | -48.28% |
| Current Drawdown | -1.50% | -25.62% |
Correlation
The correlation between ^STOXX and EUR=X is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^STOXX vs. EUR=X - Performance Comparison
In the year-to-date period, ^STOXX achieves a 7.97% return, which is significantly higher than EUR=X's -0.75% return. Over the past 10 years, ^STOXX has outperformed EUR=X with an annualized return of 3.96%, while EUR=X has yielded a comparatively lower 1.36% 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
^STOXX vs. EUR=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for STOXX Europe 600 Index (^STOXX) and USD/EUR (EUR=X). 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
^STOXX vs. EUR=X - Drawdown Comparison
The maximum ^STOXX drawdown since its inception was -61.04%, which is greater than EUR=X's maximum drawdown of -48.28%. Use the drawdown chart below to compare losses from any high point for ^STOXX and EUR=X. For additional features, visit the drawdowns tool.
Volatility
^STOXX vs. EUR=X - Volatility Comparison
STOXX Europe 600 Index (^STOXX) has a higher volatility of 2.78% compared to USD/EUR (EUR=X) at 0.14%. This indicates that ^STOXX's price experiences larger fluctuations and is considered to be riskier than EUR=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.