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DGIN vs. NDIA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DGIN and NDIA is 0.42, 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

DGIN vs. NDIA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Digital India ETF (DGIN) and Global X Funds - Global X India Active ETF (NDIA). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DGIN:

0.40

NDIA:

0.26

Sortino Ratio

DGIN:

0.63

NDIA:

0.41

Omega Ratio

DGIN:

1.08

NDIA:

1.05

Calmar Ratio

DGIN:

0.32

NDIA:

0.17

Martin Ratio

DGIN:

0.80

NDIA:

0.36

Ulcer Index

DGIN:

8.81%

NDIA:

9.87%

Daily Std Dev

DGIN:

19.35%

NDIA:

17.30%

Max Drawdown

DGIN:

-28.61%

NDIA:

-20.71%

Current Drawdown

DGIN:

-14.19%

NDIA:

-11.20%

Returns By Period

In the year-to-date period, DGIN achieves a -9.98% return, which is significantly lower than NDIA's 0.59% return.


DGIN

YTD

-9.98%

1M

5.97%

6M

-7.85%

1Y

8.22%

5Y*

N/A

10Y*

N/A

NDIA

YTD

0.59%

1M

4.98%

6M

-1.95%

1Y

4.54%

5Y*

N/A

10Y*

N/A

*Annualized

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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

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

DGIN
The Risk-Adjusted Performance Rank of DGIN is 4545
Overall Rank
The Sharpe Ratio Rank of DGIN is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of DGIN is 4747
Sortino Ratio Rank
The Omega Ratio Rank of DGIN is 4444
Omega Ratio Rank
The Calmar Ratio Rank of DGIN is 4848
Calmar Ratio Rank
The Martin Ratio Rank of DGIN is 3737
Martin Ratio Rank

NDIA
The Risk-Adjusted Performance Rank of NDIA is 3232
Overall Rank
The Sharpe Ratio Rank of NDIA is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of NDIA is 3232
Sortino Ratio Rank
The Omega Ratio Rank of NDIA is 3131
Omega Ratio Rank
The Calmar Ratio Rank of NDIA is 3333
Calmar Ratio Rank
The Martin Ratio Rank of NDIA is 2626
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current DGIN Sharpe Ratio is 0.40, which is higher than the NDIA Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of DGIN and NDIA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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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 3.64%.


TTM202420232022
DGIN
VanEck Digital India ETF
0.00%0.00%0.24%0.97%
NDIA
Global X Funds - Global X India Active ETF
3.64%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 -20.71%. Use the drawdown chart below to compare losses from any high point for DGIN and NDIA. For additional features, visit the drawdowns tool.


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Volatility

DGIN vs. NDIA - Volatility Comparison

VanEck Digital India ETF (DGIN) has a higher volatility of 6.67% compared to Global X Funds - Global X India Active ETF (NDIA) at 6.31%. This indicates that DGIN's price experiences larger fluctuations and is considered to be riskier than NDIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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