^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.
Correlation
The correlation between ^STOXX and EUR=X is 0.01, 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
Key characteristics
^STOXX:
0.20
EUR=X:
-0.50
^STOXX:
0.36
EUR=X:
-0.60
^STOXX:
1.05
EUR=X:
0.92
^STOXX:
0.18
EUR=X:
-0.13
^STOXX:
0.78
EUR=X:
-0.96
^STOXX:
3.83%
EUR=X:
3.89%
^STOXX:
14.75%
EUR=X:
7.07%
^STOXX:
-61.04%
EUR=X:
-48.28%
^STOXX:
-4.76%
EUR=X:
-27.01%
Returns By Period
In the year-to-date period, ^STOXX achieves a 5.66% return, which is significantly higher than EUR=X's -8.63% return. Over the past 10 years, ^STOXX has outperformed EUR=X with an annualized return of 2.92%, while EUR=X has yielded a comparatively lower -0.11% annualized return.
^STOXX
5.66%
8.06%
5.26%
5.54%
9.49%
2.92%
EUR=X
-8.63%
-3.91%
-3.53%
-4.96%
-0.81%
-0.11%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^STOXX vs. EUR=X — Risk-Adjusted Performance Rank
^STOXX
EUR=X
^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 3.41% compared to USD/EUR (EUR=X) at 1.39%. 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.