^NIFTY200 vs. INDA
Compare and contrast key facts about NIFTY 200 (^NIFTY200) and iShares MSCI India ETF (INDA).
INDA is a passively managed fund by iShares that tracks the performance of the MSCI India Index. It was launched on Feb 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NIFTY200 or INDA.
Key characteristics
| ^NIFTY200 | INDA | |
|---|---|---|
| YTD Return | 21.97% | 18.52% |
| 1Y Return | 34.23% | 27.85% |
| 3Y Return (Ann) | 16.08% | 7.75% |
| 5Y Return (Ann) | 20.43% | 13.66% |
| 10Y Return (Ann) | 13.75% | 7.90% |
| Sharpe Ratio | 2.40 | 2.05 |
| Daily Std Dev | 14.11% | 13.79% |
| Max Drawdown | -64.04% | -45.06% |
| Current Drawdown | -0.02% | 0.00% |
Correlation
The correlation between ^NIFTY200 and INDA is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^NIFTY200 vs. INDA - Performance Comparison
In the year-to-date period, ^NIFTY200 achieves a 21.97% return, which is significantly higher than INDA's 18.52% return. Over the past 10 years, ^NIFTY200 has outperformed INDA with an annualized return of 13.75%, while INDA has yielded a comparatively lower 7.90% 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
^NIFTY200 vs. INDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NIFTY 200 (^NIFTY200) and iShares MSCI India ETF (INDA). 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
^NIFTY200 vs. INDA - Drawdown Comparison
The maximum ^NIFTY200 drawdown since its inception was -64.04%, which is greater than INDA's maximum drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for ^NIFTY200 and INDA. For additional features, visit the drawdowns tool.
Volatility
^NIFTY200 vs. INDA - Volatility Comparison
NIFTY 200 (^NIFTY200) has a higher volatility of 2.89% compared to iShares MSCI India ETF (INDA) at 2.57%. This indicates that ^NIFTY200's price experiences larger fluctuations and is considered to be riskier than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.