HTUS vs. INDF

Last updated Jun 4, 2026

HTUS (Hull Tactical US ETF) and INDF (Nifty India Financials ETF) are both exchange-traded funds - HTUS is a Long-Short fund actively managed by Exchange Traded Concepts, while INDF is a Financials Equities fund tracking the Nifty Financial Services 25/50 Index. HTUS is actively managed, while INDF is passively managed. At a 0.36 correlation, their price movements are largely independent. HTUS charges 0.97%/yr vs 0.75%/yr for INDF.

Performance

HTUS vs. INDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hull Tactical US ETF (HTUS) and Nifty India Financials ETF (INDF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HTUS

• 1D: -0.55%
• 1M: 5.04%
• YTD: 11.33%
• 6M: 12.04%
• 1Y: 28.96%
• 3Y*: 22.15%
• 5Y*: 15.35%
• 10Y*: 12.52%

INDF

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HTUS vs. INDF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
HTUS Hull Tactical US ETF	11.33%	16.57%	25.02%	30.11%	-13.00%	24.29%	9.56%
INDF Nifty India Financials ETF	0.00%	8.17%	6.32%	19.86%	-5.28%	11.95%	23.97%

Correlation

The correlation between HTUS and INDF is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since Oct 22, 2020	0.36

Over the past year, the correlation between HTUS and INDF has dropped to 0.06 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

HTUS vs. INDF - Sectors Allocation Comparison

Sectors	HTUS	INDF
Technology	35.6%	-
Financial Services	11.8%	100.0%
Communication Services	11.2%	-
Consumer Cyclical	10.1%	-
Healthcare	8.5%	-
Industrials	8.3%	-
Consumer Defensive	4.9%	-
Energy	3.5%	-
Utilities	2.4%	-
Real Estate	1.9%	-
Basic Materials	1.8%	-

Return for Risk

HTUS vs. INDF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HTUS

HTUS Risk / Return Rank: 78
HTUS Sharpe Ratio Rank: 77
HTUS Sortino Ratio Rank: 82
HTUS Omega Ratio Rank: 81
HTUS Calmar Ratio Rank: 67
HTUS Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HTUS vs. INDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hull Tactical US ETF (HTUS) and Nifty India Financials ETF (INDF). 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.

	HTUS	INDF	Difference
Sharpe ratio Return per unit of total volatility	2.53	—	—
Sortino ratio Return per unit of downside risk	3.71	—	—
Omega ratio Gain probability vs. loss probability	1.50	—	—
Calmar ratio Return relative to maximum drawdown	3.35	—	—
Martin ratio Return relative to average drawdown	17.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HTUS	INDF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	—	—

Drawdowns

Drawdown Indicators

	HTUS	INDF	Difference
Max Drawdown Largest peak-to-trough decline	-47.50%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.41%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-47.50%	—	—
Current Drawdown Current decline from peak	-0.55%	—	—
Average Drawdown Average peak-to-trough decline	-4.06%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	—	—

Volatility

Volatility by Period

	HTUS	INDF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.50%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.03%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.45%	—	—

HTUS vs. INDF - Expense Ratio Comparison

HTUS has a 0.97% expense ratio, which is higher than INDF's 0.75% expense ratio.

Dividends

HTUS vs. INDF - Dividend Comparison

HTUS's dividend yield for the trailing twelve months is around 10.68%, less than INDF's 21.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HTUS Hull Tactical US ETF	10.68%	11.89%	17.80%	1.18%	5.63%	7.20%	3.77%	0.92%	8.69%	8.29%	3.02%
INDF Nifty India Financials ETF	21.29%	21.29%	6.15%	8.84%	3.12%	1.58%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HTUS and INDF in my portfolio?

HTUS and INDF have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HTUS or INDF?

On fees, INDF is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HTUS or INDF?

INDF is cheaper with a 0.75% expense ratio, compared with 0.97% for HTUS.

Which ETF pays a higher dividend yield, HTUS or INDF?

INDF has the higher dividend yield at 21.29%, compared with 10.68% for HTUS.

What is the main difference between HTUS and INDF?

HTUS is categorized as Long-Short, while INDF is Financials Equities. Their fees differ too: 0.97% for HTUS and 0.75% for INDF.