AIE.L vs. FRIN.L
Compare and contrast key facts about Ashoka India Equity Investment Trust plc (AIE.L) and Franklin FTSE India UCITS ETF (FRIN.L).
FRIN.L is a passively managed fund by Franklin Templeton that tracks the performance of the MSCI India NR USD. It was launched on Jun 25, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIE.L or FRIN.L.
Key characteristics
| AIE.L | FRIN.L | |
|---|---|---|
| YTD Return | 19.34% | 16.59% |
| 1Y Return | 27.19% | 24.38% |
| 3Y Return (Ann) | 14.64% | 11.93% |
| 5Y Return (Ann) | 21.73% | 13.61% |
| Sharpe Ratio | 1.54 | 1.66 |
| Daily Std Dev | 17.56% | 14.46% |
| Max Drawdown | -41.42% | -36.20% |
| Current Drawdown | -0.34% | -1.95% |
Correlation
The correlation between AIE.L and FRIN.L is 0.47, 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
AIE.L vs. FRIN.L - Performance Comparison
In the year-to-date period, AIE.L achieves a 19.34% return, which is significantly higher than FRIN.L's 16.59% 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
AIE.L vs. FRIN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashoka India Equity Investment Trust plc (AIE.L) and Franklin FTSE India UCITS ETF (FRIN.L). 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.
Dividends
AIE.L vs. FRIN.L - Dividend Comparison
Neither AIE.L nor FRIN.L has paid dividends to shareholders.
Drawdowns
AIE.L vs. FRIN.L - Drawdown Comparison
The maximum AIE.L drawdown since its inception was -41.42%, which is greater than FRIN.L's maximum drawdown of -36.20%. Use the drawdown chart below to compare losses from any high point for AIE.L and FRIN.L. For additional features, visit the drawdowns tool.
Volatility
AIE.L vs. FRIN.L - Volatility Comparison
Ashoka India Equity Investment Trust plc (AIE.L) has a higher volatility of 3.17% compared to Franklin FTSE India UCITS ETF (FRIN.L) at 2.78%. This indicates that AIE.L's price experiences larger fluctuations and is considered to be riskier than FRIN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.