EWG vs. INDA
Compare and contrast key facts about iShares MSCI Germany ETF (EWG) and iShares MSCI India ETF (INDA).
EWG and INDA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWG is a passively managed fund by iShares that tracks the performance of the MSCI Germany Index. It was launched on Mar 12, 1996. INDA is a passively managed fund by iShares that tracks the performance of the MSCI India Index. It was launched on Feb 2, 2012. Both EWG and INDA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EWG or INDA.
Performance
EWG vs. INDA - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with EWG having a 8.96% return and INDA slightly lower at 8.63%. Over the past 10 years, EWG has underperformed INDA with an annualized return of 4.08%, while INDA has yielded a comparatively higher 6.51% annualized return.
EWG
8.96%
-4.53%
-0.21%
17.09%
4.36%
4.08%
INDA
8.63%
-7.06%
0.09%
17.87%
10.72%
6.51%
Key characteristics
| EWG | INDA | |
|---|---|---|
| Sharpe Ratio | 1.21 | 1.28 |
| Sortino Ratio | 1.71 | 1.68 |
| Omega Ratio | 1.21 | 1.25 |
| Calmar Ratio | 0.99 | 1.72 |
| Martin Ratio | 6.16 | 6.60 |
| Ulcer Index | 2.86% | 2.72% |
| Daily Std Dev | 14.59% | 14.05% |
| Max Drawdown | -67.58% | -45.06% |
| Current Drawdown | -6.93% | -10.44% |
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EWG vs. INDA - Expense Ratio Comparison
EWG has a 0.49% expense ratio, which is lower than INDA's 0.69% expense ratio.
Correlation
The correlation between EWG and INDA is 0.55, 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.
Risk-Adjusted Performance
EWG vs. INDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Germany ETF (EWG) and iShares MSCI India ETF (INDA). 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
EWG vs. INDA - Dividend Comparison
EWG's dividend yield for the trailing twelve months is around 2.41%, while INDA has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWG iShares MSCI Germany ETF | 2.41% | 2.56% | 3.24% | 2.70% | 2.10% | 2.51% | 2.93% | 2.06% | 2.35% | 1.93% | 2.30% | 1.37% |
INDA iShares MSCI India ETF | 0.00% | 0.16% | 0.00% | 6.44% | 0.27% | 1.00% | 0.94% | 1.09% | 0.91% | 1.19% | 0.63% | 0.40% |
Drawdowns
EWG vs. INDA - Drawdown Comparison
The maximum EWG drawdown since its inception was -67.58%, which is greater than INDA's maximum drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for EWG and INDA. For additional features, visit the drawdowns tool.
Volatility
EWG vs. INDA - Volatility Comparison
iShares MSCI Germany ETF (EWG) has a higher volatility of 5.71% compared to iShares MSCI India ETF (INDA) at 3.19%. This indicates that EWG's price experiences larger fluctuations and is considered to be riskier than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.