ASIANPAINT.NS vs. SIDNX

Last updated Jun 10, 2026

ASIANPAINT.NS (Asian Paints Limited) is a stock, while SIDNX (Hartford Schroders International Multi-Cap Value Fund) is Foreign Large Cap Equities fund managed by Hartford. Over the past 10 years, ASIANPAINT.NS returned 11.45%/yr vs 13.72%/yr for SIDNX. At a 0.06 correlation, their price movements are largely independent.

Performance

ASIANPAINT.NS vs. SIDNX - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Asian Paints Limited (ASIANPAINT.NS) and Hartford Schroders International Multi-Cap Value Fund (SIDNX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ASIANPAINT.NS is traded in INR, while SIDNX is traded in USD. To make them comparable, the SIDNX values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ASIANPAINT.NS achieves a -2.22% return, which is significantly lower than SIDNX's 20.40% return. Over the past 10 years, ASIANPAINT.NS has underperformed SIDNX with an annualized return of 11.45%, while SIDNX has yielded a comparatively higher 13.72% annualized return.

ASIANPAINT.NS

• 1D: 1.84%
• 1M: 4.16%
• YTD: -2.22%
• 6M: -3.14%
• 1Y: 21.77%
• 3Y*: -4.46%
• 5Y*: -0.93%
• 10Y*: 11.45%

SIDNX

• 1D: -4.10%
• 1M: -0.28%
• YTD: 20.40%
• 6M: 24.46%
• 1Y: 51.09%
• 3Y*: 29.22%
• 5Y*: 17.37%
• 10Y*: 13.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASIANPAINT.NS vs. SIDNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ASIANPAINT.NS Asian Paints Limited	-2.22%	22.71%	-32.18%	11.11%	-8.06%	23.12%	55.88%	30.94%	19.37%	30.95%
SIDNX Hartford Schroders International Multi-Cap Value Fund	20.40%	52.37%	9.14%	14.51%	-2.27%	16.14%	3.58%	21.59%	-7.77%	15.63%

Correlation

The correlation between ASIANPAINT.NS and SIDNX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007	0.06

Return for Risk

ASIANPAINT.NS vs. SIDNX — Risk / Return Rank

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

ASIANPAINT.NS

ASIANPAINT.NS Risk / Return Rank: 65
ASIANPAINT.NS Sharpe Ratio Rank: 72
ASIANPAINT.NS Sortino Ratio Rank: 67
ASIANPAINT.NS Omega Ratio Rank: 65
ASIANPAINT.NS Calmar Ratio Rank: 60
ASIANPAINT.NS Martin Ratio Rank: 61

SIDNX

SIDNX Risk / Return Rank: 79
SIDNX Sharpe Ratio Rank: 86
SIDNX Sortino Ratio Rank: 76
SIDNX Omega Ratio Rank: 81
SIDNX Calmar Ratio Rank: 80
SIDNX Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASIANPAINT.NS vs. SIDNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Asian Paints Limited (ASIANPAINT.NS) and Hartford Schroders International Multi-Cap Value Fund (SIDNX). 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.

	ASIANPAINT.NS	SIDNX	Difference
Sharpe ratio: Return per unit of total volatility	0.93	3.78	-2.85
Sortino ratio: Return per unit of downside risk	1.48	4.74	-3.27
Omega ratio: Gain probability vs. loss probability	1.18	1.71	-0.53
Calmar ratio: Return relative to maximum drawdown	0.78	6.51	-5.72
Martin ratio: Return relative to average drawdown	1.86	24.65	-22.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASIANPAINT.NS vs. SIDNX - Sharpe Ratio Comparison

The current ASIANPAINT.NS Sharpe Ratio is 0.93, which is lower than the SIDNX Sharpe Ratio of 3.78. The chart below compares the historical Sharpe Ratios of ASIANPAINT.NS and SIDNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ASIANPAINT.NS	SIDNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	3.78	-2.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.04	1.29	-1.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.96	-0.49
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	0.61	+0.46

Drawdowns

ASIANPAINT.NS vs. SIDNX - Drawdown Comparison

The maximum ASIANPAINT.NS drawdown since its inception was -40.34%, smaller than the maximum SIDNX drawdown of -51.02%. Use the drawdown chart below to compare losses from any high point for ASIANPAINT.NS and SIDNX.

Drawdown Indicators

	ASIANPAINT.NS	SIDNX	Difference
Max Drawdown Largest peak-to-trough decline	-40.34%	-51.02%	+10.68%
Max Drawdown (1Y) Largest decline over 1 year	-28.54%	-7.94%	-20.60%
Max Drawdown (3Y) Largest decline over 3 years	-39.04%	-13.37%	-25.67%
Max Drawdown (5Y) Largest decline over 5 years	-39.04%	-18.86%	-20.18%
Max Drawdown (10Y) Largest decline over 10 years	-39.04%	-32.51%	-6.53%
Current Drawdown Current decline from peak	-21.74%	-4.42%	-17.32%
Average Drawdown Average peak-to-trough decline	-9.43%	-6.61%	-2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.87%	2.09%	+9.78%

Volatility

ASIANPAINT.NS vs. SIDNX - Volatility Comparison

Asian Paints Limited (ASIANPAINT.NS) and Hartford Schroders International Multi-Cap Value Fund (SIDNX) have volatilities of 6.41% and 6.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASIANPAINT.NS	SIDNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	6.17%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	19.29%	11.49%	+7.80%
Volatility (1Y) Calculated over the trailing 1-year period	24.04%	13.66%	+10.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.41%	13.49%	+8.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.52%	14.29%	+10.23%

Dividends

ASIANPAINT.NS vs. SIDNX - Dividend Comparison

ASIANPAINT.NS's dividend yield for the trailing twelve months is around 0.93%, less than SIDNX's 5.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASIANPAINT.NS Asian Paints Limited	0.93%	0.90%	1.42%	0.78%	0.64%	0.54%	0.43%	0.62%	0.65%	0.72%	0.89%	0.74%
SIDNX Hartford Schroders International Multi-Cap Value Fund	5.83%	6.65%	2.06%	2.92%	4.14%	2.67%	2.24%	3.29%	5.86%	3.31%	1.30%	3.22%

Frequently Asked Questions

Can I hold both ASIANPAINT.NS and SIDNX in my portfolio?

ASIANPAINT.NS and SIDNX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.