FEV.L vs. PIN
Compare and contrast key facts about Fidelity European Values (FEV.L) and Invesco India ETF (PIN).
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: FEV.L or PIN.
Key characteristics
| FEV.L | PIN | |
|---|---|---|
| YTD Return | 0.53% | 10.43% |
| 1Y Return | 8.35% | 22.71% |
| 3Y Return (Ann) | 3.65% | 5.97% |
| 5Y Return (Ann) | 9.55% | 13.10% |
| 10Y Return (Ann) | 10.93% | 7.80% |
| Sharpe Ratio | 0.48 | 1.51 |
| Sortino Ratio | 0.76 | 1.98 |
| Omega Ratio | 1.09 | 1.29 |
| Calmar Ratio | 0.49 | 2.49 |
| Martin Ratio | 1.39 | 8.88 |
| Ulcer Index | 4.74% | 2.56% |
| Daily Std Dev | 13.89% | 15.04% |
| Max Drawdown | -46.27% | -64.54% |
| Current Drawdown | -13.06% | -9.13% |
Correlation
The correlation between FEV.L and PIN 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
FEV.L vs. PIN - Performance Comparison
In the year-to-date period, FEV.L achieves a 0.53% return, which is significantly lower than PIN's 10.43% return. Over the past 10 years, FEV.L has outperformed PIN with an annualized return of 10.93%, while PIN has yielded a comparatively lower 7.80% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FEV.L vs. PIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity European Values (FEV.L) 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
FEV.L vs. PIN - Dividend Comparison
FEV.L's dividend yield for the trailing twelve months is around 2.43%, more than PIN's 1.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEV.L Fidelity European Values | 2.43% | 2.19% | 2.27% | 1.92% | 2.27% | 3.41% | 2.10% | 1.84% | 1.81% | 0.02% | 0.02% | 1.82% |
PIN Invesco India ETF | 1.51% | 2.08% | 14.07% | 6.95% | 0.72% | 27.85% | 0.96% | 1.01% | 1.18% | 0.60% | 0.99% | 0.48% |
Drawdowns
FEV.L vs. PIN - Drawdown Comparison
The maximum FEV.L drawdown since its inception was -46.27%, smaller than the maximum PIN drawdown of -64.54%. Use the drawdown chart below to compare losses from any high point for FEV.L and PIN. For additional features, visit the drawdowns tool.
Volatility
FEV.L vs. PIN - Volatility Comparison
Fidelity European Values (FEV.L) has a higher volatility of 6.40% compared to Invesco India ETF (PIN) at 3.60%. This indicates that FEV.L'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.