GODREJIND.NS vs. DES
Compare and contrast key facts about Godrej Industries Limited (GODREJIND.NS) and WisdomTree U.S. SmallCap Dividend Fund (DES).
DES is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree SmallCap Dividend (TR). It was launched on Jun 16, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GODREJIND.NS or DES.
Key characteristics
| GODREJIND.NS | DES | |
|---|---|---|
| YTD Return | 61.56% | 8.91% |
| 1Y Return | 115.23% | 25.27% |
| 3Y Return (Ann) | 29.90% | 7.60% |
| 5Y Return (Ann) | 23.43% | 7.71% |
| 10Y Return (Ann) | 14.27% | 7.73% |
| Sharpe Ratio | 2.84 | 1.22 |
| Daily Std Dev | 39.18% | 19.67% |
| Max Drawdown | -93.54% | -65.49% |
| Current Drawdown | -2.00% | -1.13% |
Correlation
The correlation between GODREJIND.NS and DES is 0.12, 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
GODREJIND.NS vs. DES - Performance Comparison
In the year-to-date period, GODREJIND.NS achieves a 61.56% return, which is significantly higher than DES's 8.91% return. Over the past 10 years, GODREJIND.NS has outperformed DES with an annualized return of 14.27%, while DES has yielded a comparatively lower 7.73% 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
GODREJIND.NS vs. DES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Godrej Industries Limited (GODREJIND.NS) and WisdomTree U.S. SmallCap Dividend Fund (DES). 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
GODREJIND.NS vs. DES - Dividend Comparison
GODREJIND.NS has not paid dividends to shareholders, while DES's dividend yield for the trailing twelve months is around 2.71%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GODREJIND.NS Godrej Industries Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.27% | 0.32% | 0.29% | 0.41% | 0.46% | 0.59% | 0.63% |
DES WisdomTree U.S. SmallCap Dividend Fund | 2.71% | 2.65% | 2.89% | 2.31% | 2.75% | 2.68% | 3.65% | 2.89% | 2.70% | 3.55% | 2.68% | 2.45% |
Drawdowns
GODREJIND.NS vs. DES - Drawdown Comparison
The maximum GODREJIND.NS drawdown since its inception was -93.54%, which is greater than DES's maximum drawdown of -65.49%. Use the drawdown chart below to compare losses from any high point for GODREJIND.NS and DES. For additional features, visit the drawdowns tool.
Volatility
GODREJIND.NS vs. DES - Volatility Comparison
Godrej Industries Limited (GODREJIND.NS) has a higher volatility of 14.82% compared to WisdomTree U.S. SmallCap Dividend Fund (DES) at 5.46%. This indicates that GODREJIND.NS's price experiences larger fluctuations and is considered to be riskier than DES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.