PortfoliosLab logo
AAXJ vs. INDA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AAXJ and INDA is 0.55, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

AAXJ vs. INDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI All Country Asia ex-Japan ETF (AAXJ) and iShares MSCI India ETF (INDA). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
63.31%
128.04%
AAXJ
INDA

Key characteristics

Sharpe Ratio

AAXJ:

0.54

INDA:

0.15

Sortino Ratio

AAXJ:

0.91

INDA:

0.31

Omega Ratio

AAXJ:

1.12

INDA:

1.04

Calmar Ratio

AAXJ:

0.36

INDA:

0.13

Martin Ratio

AAXJ:

1.55

INDA:

0.27

Ulcer Index

AAXJ:

7.21%

INDA:

8.70%

Daily Std Dev

AAXJ:

20.68%

INDA:

15.67%

Max Drawdown

AAXJ:

-49.37%

INDA:

-45.06%

Current Drawdown

AAXJ:

-22.51%

INDA:

-10.08%

Returns By Period

In the year-to-date period, AAXJ achieves a 1.30% return, which is significantly higher than INDA's 0.40% return. Over the past 10 years, AAXJ has underperformed INDA with an annualized return of 2.40%, while INDA has yielded a comparatively higher 7.09% annualized return.


AAXJ

YTD

1.30%

1M

-2.82%

6M

-3.91%

1Y

10.02%

5Y*

5.00%

10Y*

2.40%

INDA

YTD

0.40%

1M

2.82%

6M

-2.70%

1Y

1.80%

5Y*

17.26%

10Y*

7.09%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AAXJ vs. INDA - Expense Ratio Comparison

AAXJ has a 0.68% expense ratio, which is lower than INDA's 0.69% expense ratio.


Expense ratio chart for INDA: current value is 0.69%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
INDA: 0.69%
Expense ratio chart for AAXJ: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AAXJ: 0.68%

Risk-Adjusted Performance

AAXJ vs. INDA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAXJ
The Risk-Adjusted Performance Rank of AAXJ is 5555
Overall Rank
The Sharpe Ratio Rank of AAXJ is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of AAXJ is 6161
Sortino Ratio Rank
The Omega Ratio Rank of AAXJ is 5757
Omega Ratio Rank
The Calmar Ratio Rank of AAXJ is 5050
Calmar Ratio Rank
The Martin Ratio Rank of AAXJ is 5151
Martin Ratio Rank

INDA
The Risk-Adjusted Performance Rank of INDA is 2727
Overall Rank
The Sharpe Ratio Rank of INDA is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of INDA is 2727
Sortino Ratio Rank
The Omega Ratio Rank of INDA is 2727
Omega Ratio Rank
The Calmar Ratio Rank of INDA is 2929
Calmar Ratio Rank
The Martin Ratio Rank of INDA is 2424
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AAXJ vs. INDA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI All Country Asia ex-Japan ETF (AAXJ) 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.


The chart of Sharpe ratio for AAXJ, currently valued at 0.54, compared to the broader market-1.000.001.002.003.004.00
AAXJ: 0.54
INDA: 0.15
The chart of Sortino ratio for AAXJ, currently valued at 0.91, compared to the broader market-2.000.002.004.006.008.00
AAXJ: 0.91
INDA: 0.31
The chart of Omega ratio for AAXJ, currently valued at 1.12, compared to the broader market0.501.001.502.002.50
AAXJ: 1.12
INDA: 1.04
The chart of Calmar ratio for AAXJ, currently valued at 0.36, compared to the broader market0.002.004.006.008.0010.0012.00
AAXJ: 0.36
INDA: 0.13
The chart of Martin ratio for AAXJ, currently valued at 1.55, compared to the broader market0.0020.0040.0060.00
AAXJ: 1.55
INDA: 0.27

The current AAXJ Sharpe Ratio is 0.54, which is higher than the INDA Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of AAXJ and INDA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.54
0.15
AAXJ
INDA

Dividends

AAXJ vs. INDA - Dividend Comparison

AAXJ's dividend yield for the trailing twelve months is around 1.83%, more than INDA's 0.75% yield.


TTM20242023202220212020201920182017201620152014
AAXJ
iShares MSCI All Country Asia ex-Japan ETF
1.83%1.86%2.26%1.74%2.21%1.06%1.83%2.10%1.99%1.77%2.44%1.78%
INDA
iShares MSCI India ETF
0.75%0.76%0.16%0.00%6.44%0.27%1.00%0.94%1.09%0.91%1.19%0.63%

Drawdowns

AAXJ vs. INDA - Drawdown Comparison

The maximum AAXJ drawdown since its inception was -49.37%, which is greater than INDA's maximum drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for AAXJ and INDA. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2025FebruaryMarchApril
-22.51%
-10.08%
AAXJ
INDA

Volatility

AAXJ vs. INDA - Volatility Comparison

iShares MSCI All Country Asia ex-Japan ETF (AAXJ) has a higher volatility of 11.84% compared to iShares MSCI India ETF (INDA) at 7.28%. This indicates that AAXJ'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.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
11.84%
7.28%
AAXJ
INDA