First Trust India NIFTY 50 Equal Weight ETF (NFTY)

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The chart shows the growth of an initial investment of $10,000 in First Trust India NIFTY 50 Equal Weight ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

First Trust India NIFTY 50 Equal Weight ETF (NFTY) has returned -11.19% so far this year and -5.94% over the past 12 months. Over the last ten years, NFTY has returned 7.64% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Feb 28, 2012, NFTY's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, your investment would double in approximately 9.8 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +13.9%, while the worst month was Mar 2020 at -26.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, NFTY closed higher 37% of trading days. The best single day was Sep 10, 2013 with a return of +9.2%, while the worst single day was Mar 12, 2020 at -12.7%.

First Trust India NIFTY 50 Equal Weight ETF has an annualized alpha of 1.18%, beta of 0.52, and R² of 0.18 versus S&P 500 Index. Calculated based on daily prices since February 29, 2012.

• This ETF participated in 77.85% of S&P 500 Index downside but only 58.86% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.52 may look defensive, but with R² of 0.18 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.18 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NFTY has an expense ratio of 0.80%, placing it in the medium range.

NFTY ranks 5 for risk / return — in the bottom 5% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for First Trust India NIFTY 50 Equal Weight ETF (NFTY) and compare them to a chosen benchmark (S&P 500 Index).

First Trust India NIFTY 50 Equal Weight ETF provided a 1.99% dividend yield over the last twelve months, with an annual payout of $1.03 per share.

The table displays the monthly dividend distributions for First Trust India NIFTY 50 Equal Weight ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the First Trust India NIFTY 50 Equal Weight ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust India NIFTY 50 Equal Weight ETF was 47.67%, occurring on Mar 23, 2020. Recovery took 198 trading sessions.

The current First Trust India NIFTY 50 Equal Weight ETF drawdown is 18.81%.

The chart below shows the rolling one-month volatility.