CHIAX vs. FLXI.DE
Compare and contrast key facts about Credit Suisse Floating Rate High Income Fund (CHIAX) and Franklin FTSE India UCITS ETF (FLXI.DE).
CHIAX is managed by Credit Suisse (New York, NY). It was launched on Mar 7, 1999. FLXI.DE is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE India 30/18 Capped. 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: CHIAX or FLXI.DE.
Key characteristics
| CHIAX | FLXI.DE | |
|---|---|---|
| YTD Return | 6.74% | 17.15% |
| 1Y Return | 8.38% | 25.33% |
| 3Y Return (Ann) | 5.56% | 9.21% |
| 5Y Return (Ann) | 5.15% | 13.54% |
| Sharpe Ratio | 2.88 | 1.69 |
| Sortino Ratio | 7.46 | 2.27 |
| Omega Ratio | 2.72 | 1.34 |
| Calmar Ratio | 13.35 | 4.33 |
| Martin Ratio | 41.35 | 12.64 |
| Ulcer Index | 0.20% | 2.06% |
| Daily Std Dev | 2.90% | 15.30% |
| Max Drawdown | -39.31% | -40.58% |
| Current Drawdown | -0.63% | -4.72% |
Correlation
The correlation between CHIAX and FLXI.DE is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CHIAX vs. FLXI.DE - Performance Comparison
In the year-to-date period, CHIAX achieves a 6.74% return, which is significantly lower than FLXI.DE's 17.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CHIAX vs. FLXI.DE - Expense Ratio Comparison
CHIAX has a 0.95% expense ratio, which is higher than FLXI.DE's 0.19% expense ratio.
Risk-Adjusted Performance
CHIAX vs. FLXI.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Credit Suisse Floating Rate High Income Fund (CHIAX) and Franklin FTSE India UCITS ETF (FLXI.DE). 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
CHIAX vs. FLXI.DE - Dividend Comparison
CHIAX's dividend yield for the trailing twelve months is around 8.23%, while FLXI.DE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHIAX Credit Suisse Floating Rate High Income Fund | 8.23% | 8.74% | 5.22% | 3.39% | 4.20% | 4.95% | 4.39% | 3.82% | 4.49% | 4.28% | 3.93% | 4.09% |
FLXI.DE Franklin FTSE India UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CHIAX vs. FLXI.DE - Drawdown Comparison
The maximum CHIAX drawdown since its inception was -39.31%, roughly equal to the maximum FLXI.DE drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for CHIAX and FLXI.DE. For additional features, visit the drawdowns tool.
Volatility
CHIAX vs. FLXI.DE - Volatility Comparison
The current volatility for Credit Suisse Floating Rate High Income Fund (CHIAX) is 0.96%, while Franklin FTSE India UCITS ETF (FLXI.DE) has a volatility of 3.71%. This indicates that CHIAX experiences smaller price fluctuations and is considered to be less risky than FLXI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.