DGIN vs. NDIA
Compare and contrast key facts about VanEck Digital India ETF (DGIN) and Global X Funds - Global X India Active ETF (NDIA).
DGIN and NDIA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DGIN is a passively managed fund by VanEck that tracks the performance of the MVIS Digital India. It was launched on Feb 15, 2022. NDIA is an actively managed fund by Global X. It was launched on Aug 17, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGIN or NDIA.
Correlation
The correlation between DGIN and NDIA is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DGIN vs. NDIA - Performance Comparison
Key characteristics
DGIN:
0.85
NDIA:
0.17
DGIN:
1.26
NDIA:
0.32
DGIN:
1.16
NDIA:
1.04
DGIN:
1.46
NDIA:
0.16
DGIN:
3.86
NDIA:
0.47
DGIN:
3.57%
NDIA:
5.15%
DGIN:
16.22%
NDIA:
14.24%
DGIN:
-28.61%
NDIA:
-15.21%
DGIN:
-8.60%
NDIA:
-14.51%
Returns By Period
In the year-to-date period, DGIN achieves a -4.11% return, which is significantly lower than NDIA's -3.16% return.
DGIN
-4.11%
-5.50%
0.50%
11.76%
N/A
N/A
NDIA
-3.16%
-4.98%
-8.60%
1.97%
N/A
N/A
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DGIN vs. NDIA - Expense Ratio Comparison
Both DGIN and NDIA have an expense ratio of 0.76%.
Risk-Adjusted Performance
DGIN vs. NDIA — Risk-Adjusted Performance Rank
DGIN
NDIA
DGIN vs. NDIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Digital India ETF (DGIN) and Global X Funds - Global X India Active ETF (NDIA). 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
DGIN vs. NDIA - Dividend Comparison
DGIN has not paid dividends to shareholders, while NDIA's dividend yield for the trailing twelve months is around 3.78%.
TTM | 2024 | 2023 | 2022 | |
---|---|---|---|---|
VanEck Digital India ETF | 0.00% | 0.00% | 0.24% | 0.97% |
Global X Funds - Global X India Active ETF | 3.78% | 3.66% | 0.28% | 0.00% |
Drawdowns
DGIN vs. NDIA - Drawdown Comparison
The maximum DGIN drawdown since its inception was -28.61%, which is greater than NDIA's maximum drawdown of -15.21%. Use the drawdown chart below to compare losses from any high point for DGIN and NDIA. For additional features, visit the drawdowns tool.
Volatility
DGIN vs. NDIA - Volatility Comparison
The current volatility for VanEck Digital India ETF (DGIN) is 4.11%, while Global X Funds - Global X India Active ETF (NDIA) has a volatility of 4.33%. This indicates that DGIN experiences smaller price fluctuations and is considered to be less risky than NDIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.