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AVGO vs. SMIN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AVGO vs. SMIN

Last updated Jun 13, 2026

AVGO (Broadcom Inc.) is a stock, while SMIN (iShares MSCI India Small-Cap ETF) is Asia Pacific Equities fund tracking the MSCI India Small Cap Index. Over the past 10 years, AVGO returned 40.96%/yr vs 9.73%/yr for SMIN. At a 0.29 correlation, their price movements are largely independent.

Performance

AVGO vs. SMIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Broadcom Inc. (AVGO) and iShares MSCI India Small-Cap ETF (SMIN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AVGO achieves a 10.62% return, which is significantly higher than SMIN's -4.03% return. Over the past 10 years, AVGO has outperformed SMIN with an annualized return of 40.96%, while SMIN has yielded a comparatively lower 9.73% annualized return.

AVGO

1D
-0.91%
1M
-13.12%
YTD
10.62%
6M
6.58%
1Y
54.87%
3Y*
67.17%
5Y*
55.09%
10Y*
40.96%

SMIN

1D
1.44%
1M
0.72%
YTD
-4.03%
6M
-1.54%
1Y
-8.33%
3Y*
8.94%
5Y*
6.19%
10Y*
9.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AVGO vs. SMIN - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AVGO
Broadcom Inc.		10.62%50.63%110.49%104.18%-13.27%56.48%44.88%29.05%2.18%48.19%
SMIN
iShares MSCI India Small-Cap ETF		-4.03%-6.68%16.78%35.41%-14.23%44.43%19.59%-5.21%-25.55%62.36%

Correlation

The correlation between AVGO and SMIN is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.26

Correlation (5Y)
Calculated over the trailing 5-year period

0.30

Correlation (10Y)
Calculated over the trailing 10-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Feb 9, 2012

0.29

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

Broadcom Inc.

iShares MSCI India Small-Cap ETF

Often compared with AVGO:
AVGO vs. NVDAAVGO vs. MRVLAVGO vs. QCOMAVGO vs. VOOAVGO vs. AAPLAVGO vs. ^GSPCAVGO vs. SCHD
Often compared with SMIN:
SMIN vs. INDASMIN vs. EPISMIN vs. FLINSMIN vs. NFTYSMIN vs. INCOSMIN vs. EWSSMIN vs. VOO

Return for Risk

AVGO vs. SMIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AVGO
AVGO Risk / Return Rank: 7474
Overall Rank
AVGO Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
AVGO Sortino Ratio Rank: 7171
Sortino Ratio Rank
AVGO Omega Ratio Rank: 7272
Omega Ratio Rank
AVGO Calmar Ratio Rank: 7474
Calmar Ratio Rank
AVGO Martin Ratio Rank: 7474
Martin Ratio Rank
SMIN
SMIN Risk / Return Rank: 55
Overall Rank
SMIN Sharpe Ratio Rank: 55
Sharpe Ratio Rank
SMIN Sortino Ratio Rank: 55
Sortino Ratio Rank
SMIN Omega Ratio Rank: 55
Omega Ratio Rank
SMIN Calmar Ratio Rank: 66
Calmar Ratio Rank
SMIN Martin Ratio Rank: 66
Martin Ratio Rank
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.

AVGO vs. SMIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and iShares MSCI India Small-Cap ETF (SMIN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

AVGOSMINDifference
Sharpe ratioReturn per unit of total volatility
1.11
-0.51

+1.62

Sortino ratioReturn per unit of downside risk
1.69
-0.64

+2.33

Omega ratioGain probability vs. loss probability

1.22

0.93

+0.29

Calmar ratioReturn relative to maximum drawdown

1.77

-0.39

+2.16

Martin ratioReturn relative to average drawdown

4.11

-0.87

+4.98

AVGO vs. SMIN - Sharpe Ratio Comparison

The current AVGO Sharpe Ratio is 1.11, which is higher than the SMIN Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of AVGO and SMIN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

AVGO vs. SMIN - Drawdown Comparison

The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum SMIN drawdown of -60.50%. Use the drawdown chart below to compare losses from any high point for AVGO and SMIN.

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Drawdown Indicators

AVGOSMINDifference

Max Drawdown

Largest peak-to-trough decline

-48.30%

-60.50%

+12.20%

Max Drawdown (1Y)

Largest decline over 1 year

-28.67%

-24.54%

-4.13%

Max Drawdown (3Y)

Largest decline over 3 years

-41.15%

-27.58%

-13.57%

Max Drawdown (5Y)

Largest decline over 5 years

-41.15%

-27.58%

-13.57%

Max Drawdown (10Y)

Largest decline over 10 years

-48.30%

-60.50%

+12.20%

Current Drawdown

Current decline from peak

-20.66%

-16.07%

-4.59%

Average Drawdown

Average peak-to-trough decline

-7.98%

-14.62%

+6.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.30%

11.01%

+1.29%

Volatility

AVGO vs. SMIN - Volatility Comparison

Broadcom Inc. (AVGO) has a higher volatility of 20.53% compared to iShares MSCI India Small-Cap ETF (SMIN) at 4.86%. This indicates that AVGO's price experiences larger fluctuations and is considered to be riskier than SMIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AVGOSMINDifference

Volatility (1M)

Calculated over the trailing 1-month period

20.53%

4.86%

+15.67%

Volatility (6M)

Calculated over the trailing 6-month period

35.04%

15.58%

+19.46%

Volatility (1Y)

Calculated over the trailing 1-year period

45.57%

18.67%

+26.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.39%

18.88%

+24.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

39.52%

22.83%

+16.69%

Dividends

AVGO vs. SMIN - Dividend Comparison

AVGO's dividend yield for the trailing twelve months is around 0.65%, less than SMIN's 2.10% yield.

PositionTTM20252024202320222021202020192018201720162015
AVGO
Broadcom Inc.		0.65%0.70%0.94%1.71%3.02%2.24%3.05%3.54%3.11%1.87%1.43%1.13%
SMIN
iShares MSCI India Small-Cap ETF		2.10%2.01%6.84%0.41%0.01%1.27%1.06%1.75%1.68%0.89%2.30%0.93%

Frequently Asked Questions

AVGO and SMIN have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AVGO has higher volatility (20.53%) compared to SMIN (4.86%). In terms of maximum drawdown, AVGO dropped -48.30% vs SMIN's -60.50%.

AVGO currently has the higher Sharpe Ratio (1.11 vs -0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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