FTSE 100 vs DAX Correlation 2026
Cross-market correlation analysis between FTSE 100 (UK) and DAX (Germany). Research-only. Not investment advice.
Last updated: Apr 8, 2026 · FTSE: 10,623 · DAX: 24,373
QUICK ANSWER · AS OF Apr 8, 2026
What is the FTSE vs DAX correlation in 2026?
The FTSE-DAX 30D correlation is 0.85 (5Y baseline: 0.82). FTSE 100 at 10,623 (YTD: +2.8%), DAX at 24,373 (YTD: +10.2%). Regime: high correlation.
30D Corr
0.85
5Y Baseline
0.82
FTSE
10,623
DAX
24,373
UK-Germany correlation is very high. Both are European developed markets sharing ECB/BoE policy sensitivity, EU trade dynamics, and similar investor bases.
Correlation Dashboard
FTSE 100 (UK)
10,623
YTD: +2.8%
DAX (Germany)
24,373
YTD: +10.2%
30D Correlation
0.85
90D Correlation
0.82
1Y Correlation
0.80
5Y Baseline
0.82
Regime Analysis
UK-Germany correlation is very high. Both are European developed markets sharing ECB/BoE policy sensitivity, EU trade dynamics, and similar investor bases.
Divergence Score
Score
10/100
Signal
LOW
Deviation
0.03
Score = |30D corr − 5Y baseline| / 0.30 × 100, capped at 100. Higher = greater deviation from historical norm.
Data Freshness & Timezone
Each index is observed at its local market close. Cross-timezone correlations align returns to the later-closing market's trading day.
| Index | Market | Close Time (Local) | Timezone | As Of |
|---|---|---|---|---|
| FTSE | UK | 16:30 | BST (+01:00) | 2026-04-08 |
| DAX | Germany | 17:30 | CEST (+02:00) | 2026-04-08 |
Methodology
Correlations are Pearson rolling correlations of daily log returns, computed over the specified window (30D, 90D, 1Y). Returns are calculated from local-currency index levels at each market's official close time.
For cross-timezone pairs (e.g., FTSE in BST vs DAX in CEST), returns are aligned to the later-closing market's trading day. This means FTSE's return on day T is paired with DAX's return on the same calendar day.
Regime classification: high (≥0.60), moderate (0.35–0.59), low (0.15–0.34), negative (<0.15). The 5-year baseline represents the average 90D rolling correlation over 2021–2025.
Known Limitations:
- Timezone misalignment: FTSE (BST) and DAX (CEST) close at different times. Asian markets close before European/US markets open, so "same-day" correlations reflect lagged information flow.
- Holiday calendars: Different national holidays create gaps in return series. Missing days are excluded from correlation calculations.
- Currency effects: Correlations are computed in local currency. FX movements (e.g., USD/JPY, EUR/USD) are embedded in the correlation but not isolated.
- Regime dependency: Correlations are backward-looking and can shift rapidly during crises. The 30D window captures recent dynamics but may not reflect structural relationships.
v0.1-beta · Research use only — not investment advice.
Frequently Asked Questions
What is the FTSE-DAX correlation in 2026? ▾
The 30-day rolling correlation between FTSE 100 and DAX is 0.85 as of Apr 8, 2026. The 5-year baseline is 0.82. Current regime: high correlation.
Why does the FTSE-DAX correlation matter? ▾
The correlation between FTSE 100 (UK) and DAX (Germany) measures how closely these markets move together. High correlation means diversification benefits are limited; low correlation means the markets respond to different drivers, offering potential diversification. Changes in correlation can signal regime shifts in global capital flows.
Is this a trading signal? ▾
No. This page provides research-only cross-market correlation analysis. It does not constitute investment advice or a recommendation to trade.
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📎 Cite This Data ▾
APA 7th Edition
AhaSignals. (2026). FTSE-DAX Correlation. Retrieved April 18, 2026, from https://ahasignals.com/equity-correlation/ftse-dax/
Methodology: v0.1-beta
Data as-of: Apr 8, 2026
Research purposes only. Not investment advice. All index inputs from free, public, clickable sources.
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This page is for informational and research purposes only — not investment advice. Equity markets are volatile. Past correlation patterns do not predict future performance. Index levels are derived from publicly available market observations. © 2026 AhaSignals. All rights reserved.