HZO vs. INDA
Compare and contrast key facts about MarineMax, Inc. (HZO) and iShares MSCI India ETF (INDA).
INDA is a passively managed fund by iShares that tracks the performance of the MSCI India Index. It was launched on Feb 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HZO or INDA.
Key characteristics
| HZO | INDA | |
|---|---|---|
| YTD Return | -34.78% | 7.19% |
| 1Y Return | -8.08% | 28.64% |
| 3Y Return (Ann) | -24.69% | 10.76% |
| 5Y Return (Ann) | 8.95% | 9.76% |
| 10Y Return (Ann) | 4.69% | 8.43% |
| Sharpe Ratio | -0.09 | 2.76 |
| Daily Std Dev | 46.18% | 10.95% |
| Max Drawdown | -96.75% | -45.06% |
| Current Drawdown | -61.84% | -0.19% |
Correlation
The correlation between HZO and INDA is 0.30, 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
HZO vs. INDA - Performance Comparison
In the year-to-date period, HZO achieves a -34.78% return, which is significantly lower than INDA's 7.19% return. Over the past 10 years, HZO has underperformed INDA with an annualized return of 4.69%, while INDA has yielded a comparatively higher 8.43% 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
HZO vs. INDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MarineMax, Inc. (HZO) 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
HZO vs. INDA - Dividend Comparison
HZO has not paid dividends to shareholders, while INDA's dividend yield for the trailing twelve months is around 0.15%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HZO MarineMax, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INDA iShares MSCI India ETF | 0.15% | 0.16% | 0.00% | 6.44% | 0.27% | 0.99% | 0.94% | 1.09% | 0.90% | 1.19% | 0.63% | 0.40% |
Drawdowns
HZO vs. INDA - Drawdown Comparison
The maximum HZO drawdown since its inception was -96.75%, which is greater than INDA's maximum drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for HZO and INDA. For additional features, visit the drawdowns tool.
Volatility
HZO vs. INDA - Volatility Comparison
MarineMax, Inc. (HZO) has a higher volatility of 12.65% compared to iShares MSCI India ETF (INDA) at 2.63%. This indicates that HZO'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.