DMART.NS vs. NFTY

Last updated Jun 5, 2026

DMART.NS (Avenue Supermarts Limited) is a stock, while NFTY (First Trust India NIFTY 50 Equal Weight ETF) is Asia Pacific Equities fund tracking the NIFTY 50 Equal Weight Index. Over the past 5 years, DMART.NS returned 5.30%/yr vs 10.21%/yr for NFTY. At a 0.20 correlation, their price movements are largely independent.

Performance

DMART.NS vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Avenue Supermarts Limited (DMART.NS) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, DMART.NS achieves a 9.44% return, which is significantly higher than NFTY's -4.83% return.

DMART.NS

• 1D: -0.70%
• 1M: -6.61%
• YTD: 9.44%
• 6M: 4.74%
• 1Y: -0.34%
• 3Y*: 5.38%
• 5Y*: 5.30%
• 10Y*: —

NFTY

• 1D: -1.98%
• 1M: -3.80%
• YTD: -4.83%
• 6M: -4.40%
• 1Y: 0.96%
• 3Y*: 10.83%
• 5Y*: 10.21%
• 10Y*: 11.74%

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

DMART.NS vs. NFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DMART.NS Avenue Supermarts Limited	9.44%	6.19%	-12.76%	0.34%	-12.90%	69.03%	50.33%	14.42%	36.00%	84.13%
NFTY First Trust India NIFTY 50 Equal Weight ETF	-4.83%	10.52%	8.37%	24.85%	6.92%	29.35%	12.81%	3.13%	7.41%	3.07%

Correlation

The correlation between DMART.NS and NFTY is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Mar 22, 2017	0.20

Return for Risk

DMART.NS vs. NFTY — Risk / Return Rank

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

DMART.NS

DMART.NS Risk / Return Rank: 41
DMART.NS Sharpe Ratio Rank: 44
DMART.NS Sortino Ratio Rank: 38
DMART.NS Omega Ratio Rank: 37
DMART.NS Calmar Ratio Rank: 43
DMART.NS Martin Ratio Rank: 43

NFTY

NFTY Risk / Return Rank: 4
NFTY Sharpe Ratio Rank: 4
NFTY Sortino Ratio Rank: 4
NFTY Omega Ratio Rank: 4
NFTY Calmar Ratio Rank: 4
NFTY Martin Ratio Rank: 2

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.

DMART.NS vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avenue Supermarts Limited (DMART.NS) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.

	DMART.NS	NFTY	Difference
Sharpe ratio: Return per unit of total volatility	0.06	0.08	-0.01
Sortino ratio: Return per unit of downside risk	0.30	0.21	+0.09
Omega ratio: Gain probability vs. loss probability	1.03	1.02	+0.01
Calmar ratio: Return relative to maximum drawdown	0.06	0.09	-0.02
Martin ratio: Return relative to average drawdown	0.11	0.29	-0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DMART.NS vs. NFTY - Sharpe Ratio Comparison

The current DMART.NS Sharpe Ratio is 0.06, which is comparable to the NFTY Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of DMART.NS and NFTY, 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

	DMART.NS	NFTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	0.08	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.66	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.55	+0.18

Drawdowns

DMART.NS vs. NFTY - Drawdown Comparison

The maximum DMART.NS drawdown since its inception was -39.32%, roughly equal to the maximum NFTY drawdown of -40.19%. Use the drawdown chart below to compare losses from any high point for DMART.NS and NFTY.

Drawdown Indicators

	DMART.NS	NFTY	Difference
Max Drawdown Largest peak-to-trough decline	-39.32%	-40.19%	+0.87%
Max Drawdown (1Y) Largest decline over 1 year	-25.17%	-11.25%	-13.92%
Max Drawdown (3Y) Largest decline over 3 years	-36.86%	-16.56%	-20.30%
Max Drawdown (5Y) Largest decline over 5 years	-39.32%	-16.56%	-22.76%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.19%	—
Current Drawdown Current decline from peak	-23.22%	-6.65%	-16.57%
Average Drawdown Average peak-to-trough decline	-15.85%	-6.82%	-9.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.33%	3.35%	+10.98%

Volatility

DMART.NS vs. NFTY - Volatility Comparison

Avenue Supermarts Limited (DMART.NS) has a higher volatility of 4.78% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 4.31%. This indicates that DMART.NS's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DMART.NS	NFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	4.31%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	18.88%	10.82%	+8.06%
Volatility (1Y) Calculated over the trailing 1-year period	24.61%	12.43%	+12.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.71%	15.60%	+12.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.36%	19.05%	+12.31%

Dividends

DMART.NS vs. NFTY - Dividend Comparison

DMART.NS has not paid dividends to shareholders, while NFTY's dividend yield for the trailing twelve months is around 1.97%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DMART.NS Avenue Supermarts Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NFTY First Trust India NIFTY 50 Equal Weight ETF	1.97%	1.24%	1.61%	0.13%	5.89%	1.53%	0.61%	0.97%	0.00%	4.10%	3.28%	4.39%

Frequently Asked Questions

Can I hold both DMART.NS and NFTY in my portfolio?

DMART.NS and NFTY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.