^STOXX vs. EURUSD=X
Compare and contrast key facts about STOXX Europe 600 Index (^STOXX) and EUR/USD (EURUSD=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^STOXX or EURUSD=X.
Correlation
The correlation between ^STOXX and EURUSD=X is 0.08, 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. EURUSD=X - Performance Comparison
Key characteristics
^STOXX:
0.20
EURUSD=X:
0.80
^STOXX:
0.36
EURUSD=X:
1.32
^STOXX:
1.05
EURUSD=X:
1.13
^STOXX:
0.18
EURUSD=X:
0.04
^STOXX:
0.78
EURUSD=X:
1.74
^STOXX:
3.83%
EURUSD=X:
4.22%
^STOXX:
14.75%
EURUSD=X:
7.38%
^STOXX:
-61.04%
EURUSD=X:
-39.99%
^STOXX:
-4.76%
EURUSD=X:
-29.06%
Returns By Period
In the year-to-date period, ^STOXX achieves a 5.66% return, which is significantly lower than EURUSD=X's 9.54% return. Over the past 10 years, ^STOXX has outperformed EURUSD=X with an annualized return of 2.92%, while EURUSD=X has yielded a comparatively lower 0.17% annualized return.
^STOXX
5.66%
8.06%
5.26%
5.54%
9.49%
2.92%
EURUSD=X
9.54%
3.52%
3.76%
5.32%
1.28%
0.17%
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Risk-Adjusted Performance
^STOXX vs. EURUSD=X — Risk-Adjusted Performance Rank
^STOXX
EURUSD=X
^STOXX vs. EURUSD=X - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for STOXX Europe 600 Index (^STOXX) and EUR/USD (EURUSD=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. EURUSD=X - Drawdown Comparison
The maximum ^STOXX drawdown since its inception was -61.04%, which is greater than EURUSD=X's maximum drawdown of -39.99%. Use the drawdown chart below to compare losses from any high point for ^STOXX and EURUSD=X. For additional features, visit the drawdowns tool.
Volatility
^STOXX vs. EURUSD=X - Volatility Comparison
STOXX Europe 600 Index (^STOXX) has a higher volatility of 9.97% compared to EUR/USD (EURUSD=X) at 3.55%. This indicates that ^STOXX's price experiences larger fluctuations and is considered to be riskier than EURUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.