GAIL.NS vs. NFTY
Compare and contrast key facts about GAIL (India) Limited (GAIL.NS) and First Trust India NIFTY 50 Equal Weight ETF (NFTY).
NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAIL.NS or NFTY.
Key characteristics
| GAIL.NS | NFTY | |
|---|---|---|
| YTD Return | 29.62% | 6.42% |
| 1Y Return | 96.10% | 29.42% |
| 3Y Return (Ann) | 35.45% | 13.86% |
| 5Y Return (Ann) | 17.89% | 10.92% |
| 10Y Return (Ann) | 15.61% | 7.74% |
| Sharpe Ratio | 3.12 | 2.26 |
| Daily Std Dev | 29.83% | 13.35% |
| Max Drawdown | -74.82% | -47.67% |
| Current Drawdown | -2.77% | -1.06% |
Correlation
The correlation between GAIL.NS and NFTY is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GAIL.NS vs. NFTY - Performance Comparison
In the year-to-date period, GAIL.NS achieves a 29.62% return, which is significantly higher than NFTY's 6.42% return. Over the past 10 years, GAIL.NS has outperformed NFTY with an annualized return of 15.61%, while NFTY has yielded a comparatively lower 7.74% 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
GAIL.NS vs. NFTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GAIL (India) Limited (GAIL.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.
Dividends
GAIL.NS vs. NFTY - Dividend Comparison
GAIL.NS's dividend yield for the trailing twelve months is around 2.70%, more than NFTY's 0.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIL.NS GAIL (India) Limited | 2.70% | 2.47% | 4.16% | 15.67% | 11.68% | 7.45% | 8.96% | 10.90% | 10.02% | 29.15% | 66.51% | 79.78% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 0.17% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.39% | 0.52% | 1.72% |
Drawdowns
GAIL.NS vs. NFTY - Drawdown Comparison
The maximum GAIL.NS drawdown since its inception was -74.82%, which is greater than NFTY's maximum drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for GAIL.NS and NFTY. For additional features, visit the drawdowns tool.
Volatility
GAIL.NS vs. NFTY - Volatility Comparison
GAIL (India) Limited (GAIL.NS) has a higher volatility of 7.77% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.61%. This indicates that GAIL.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.