ETGIX vs. PIN
Compare and contrast key facts about Eaton Vance Greater India Fund (ETGIX) and Invesco India ETF (PIN).
ETGIX is managed by Eaton Vance. It was launched on May 1, 1994. PIN is a passively managed fund by Invesco that tracks the performance of the FTSE India Quality and Yield Select Net Tax (US RIC) Index. It was launched on Mar 5, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETGIX or PIN.
Correlation
The correlation between ETGIX and PIN is 0.82, 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
ETGIX vs. PIN - Performance Comparison
Key characteristics
ETGIX:
0.43
PIN:
0.29
ETGIX:
0.65
PIN:
0.48
ETGIX:
1.09
PIN:
1.07
ETGIX:
0.19
PIN:
0.32
ETGIX:
1.23
PIN:
1.00
ETGIX:
4.92%
PIN:
4.43%
ETGIX:
14.10%
PIN:
15.32%
ETGIX:
-76.44%
PIN:
-64.54%
ETGIX:
-26.65%
PIN:
-13.17%
Returns By Period
In the year-to-date period, ETGIX achieves a -4.69% return, which is significantly lower than PIN's -3.26% return. Over the past 10 years, ETGIX has underperformed PIN with an annualized return of 3.58%, while PIN has yielded a comparatively higher 7.26% annualized return.
ETGIX
-4.69%
-8.62%
-11.56%
4.92%
2.10%
3.58%
PIN
-3.26%
-7.71%
-10.02%
3.10%
11.11%
7.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETGIX vs. PIN - Expense Ratio Comparison
ETGIX has a 1.57% expense ratio, which is higher than PIN's 0.78% expense ratio.
Risk-Adjusted Performance
ETGIX vs. PIN — Risk-Adjusted Performance Rank
ETGIX
PIN
ETGIX vs. PIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Greater India Fund (ETGIX) and Invesco India ETF (PIN). 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
ETGIX vs. PIN - Dividend Comparison
ETGIX has not paid dividends to shareholders, while PIN's dividend yield for the trailing twelve months is around 8.77%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETGIX Eaton Vance Greater India Fund | 0.00% | 0.00% | 0.00% | 2.45% | 0.00% | 0.00% | 0.00% | 1.17% | 3.32% | 0.56% | 0.80% | 1.87% |
PIN Invesco India ETF | 8.77% | 8.48% | 2.08% | 14.07% | 6.95% | 0.72% | 27.85% | 0.96% | 1.01% | 1.18% | 0.60% | 0.99% |
Drawdowns
ETGIX vs. PIN - Drawdown Comparison
The maximum ETGIX drawdown since its inception was -76.44%, which is greater than PIN's maximum drawdown of -64.54%. Use the drawdown chart below to compare losses from any high point for ETGIX and PIN. For additional features, visit the drawdowns tool.
Volatility
ETGIX vs. PIN - Volatility Comparison
Eaton Vance Greater India Fund (ETGIX) has a higher volatility of 4.70% compared to Invesco India ETF (PIN) at 4.32%. This indicates that ETGIX's price experiences larger fluctuations and is considered to be riskier than PIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.