PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IBN vs. DOG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IBN vs. DOG

Last updated Jun 13, 2026

IBN (ICICI Bank Limited) is a stock, while DOG (ProShares Short Dow30) is Inverse Equities fund tracking the DJ Industrial Average (-100%). Over the past 10 years, IBN returned 16.38%/yr vs -11.31%/yr for DOG. At a correlation of -0.50, they often move in opposite directions.

Performance

IBN vs. DOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ICICI Bank Limited (IBN) and ProShares Short Dow30 (DOG). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IBN achieves a -6.74% return, which is significantly lower than DOG's -4.92% return. Over the past 10 years, IBN has outperformed DOG with an annualized return of 16.38%, while DOG has yielded a comparatively lower -11.31% annualized return.

IBN

1D
1.20%
1M
6.15%
YTD
-6.74%
6M
-8.10%
1Y
-15.35%
3Y*
7.22%
5Y*
10.36%
10Y*
16.38%

DOG

1D
-0.63%
1M
-2.03%
YTD
-4.92%
6M
-3.86%
1Y
-14.29%
3Y*
-8.19%
5Y*
-5.62%
10Y*
-11.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IBN vs. DOG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IBN
ICICI Bank Limited		-6.74%0.57%26.32%9.80%11.27%33.57%-1.52%47.01%6.25%44.03%
DOG
ProShares Short Dow30		-4.92%-8.40%-5.62%-7.05%5.67%-19.21%-20.45%-18.43%3.55%-21.51%

Correlation

The correlation between IBN and DOG is -0.35, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.35

Correlation (3Y)
Calculated over the trailing 3-year period

-0.34

Correlation (5Y)
Calculated over the trailing 5-year period

-0.45

Correlation (10Y)
Calculated over the trailing 10-year period

-0.41

Correlation (All Time)
Calculated using the full available price history since Jun 21, 2006

-0.50

The correlation between IBN and DOG shifts across timeframes, from -0.50 (all time) to -0.34 (3 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ICICI Bank Limited

ProShares Short Dow30

Often compared with IBN:
IBN vs. HDBIBN vs. PRUIBN vs. RDYIBN vs. HDIBN vs. INDAIBN vs. ^GSPCIBN vs. JPM
Often compared with DOG:
DOG vs. DXDDOG vs. SHDOG vs. PSQDOG vs. DIADOG vs. UDOWDOG vs. TZADOG vs. SPY

Return for Risk

IBN vs. DOG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IBN
IBN Risk / Return Rank: 1414
Overall Rank
IBN Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
IBN Sortino Ratio Rank: 1111
Sortino Ratio Rank
IBN Omega Ratio Rank: 1212
Omega Ratio Rank
IBN Calmar Ratio Rank: 2020
Calmar Ratio Rank
IBN Martin Ratio Rank: 1616
Martin Ratio Rank
DOG
DOG Risk / Return Rank: 22
Overall Rank
DOG Sharpe Ratio Rank: 11
Sharpe Ratio Rank
DOG Sortino Ratio Rank: 22
Sortino Ratio Rank
DOG Omega Ratio Rank: 22
Omega Ratio Rank
DOG Calmar Ratio Rank: 22
Calmar Ratio Rank
DOG Martin Ratio Rank: 22
Martin Ratio Rank
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.

IBN vs. DOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ICICI Bank Limited (IBN) and ProShares Short Dow30 (DOG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IBNDOGDifference
Sharpe ratioReturn per unit of total volatility
-0.80
-1.01

+0.22

Sortino ratioReturn per unit of downside risk
-1.07
-1.37

+0.29

Omega ratioGain probability vs. loss probability

0.87

0.85

+0.03

Calmar ratioReturn relative to maximum drawdown

-0.63

-0.84

+0.21

Martin ratioReturn relative to average drawdown

-1.20

-1.38

+0.18

IBN vs. DOG - Sharpe Ratio Comparison

The current IBN Sharpe Ratio is -0.80, which is comparable to the DOG Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of IBN and DOG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

IBN vs. DOG - Drawdown Comparison

The maximum IBN drawdown since its inception was -86.09%, smaller than the maximum DOG drawdown of -92.73%. Use the drawdown chart below to compare losses from any high point for IBN and DOG.

Loading charts...

Drawdown Indicators

IBNDOGDifference

Max Drawdown

Largest peak-to-trough decline

-86.09%

-92.73%

+6.64%

Max Drawdown (1Y)

Largest decline over 1 year

-26.20%

-15.09%

-11.11%

Max Drawdown (3Y)

Largest decline over 3 years

-26.20%

-29.16%

+2.96%

Max Drawdown (5Y)

Largest decline over 5 years

-26.24%

-34.35%

+8.11%

Max Drawdown (10Y)

Largest decline over 10 years

-55.05%

-70.95%

+15.90%

Current Drawdown

Current decline from peak

-18.62%

-92.67%

+74.05%

Average Drawdown

Average peak-to-trough decline

-28.00%

-66.41%

+38.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.71%

9.18%

+4.53%

Volatility

IBN vs. DOG - Volatility Comparison

ICICI Bank Limited (IBN) has a higher volatility of 6.66% compared to ProShares Short Dow30 (DOG) at 4.36%. This indicates that IBN's price experiences larger fluctuations and is considered to be riskier than DOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IBNDOGDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.66%

4.36%

+2.30%

Volatility (6M)

Calculated over the trailing 6-month period

17.03%

9.87%

+7.16%

Volatility (1Y)

Calculated over the trailing 1-year period

20.68%

12.56%

+8.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.64%

14.86%

+8.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.63%

17.51%

+14.12%

Dividends

IBN vs. DOG - Dividend Comparison

IBN's dividend yield for the trailing twelve months is around 0.90%, less than DOG's 3.52% yield.

PositionTTM20252024202320222021202020192018201720162015
DOG
ProShares Short Dow30		3.52%3.65%5.72%4.54%0.41%0.00%0.14%1.54%0.86%0.04%0.00%0.00%
IBN
ICICI Bank Limited		0.90%0.84%0.80%0.81%0.57%0.27%0.00%0.19%0.43%0.79%1.98%4.01%

Frequently Asked Questions

IBN and DOG have a correlation of -0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IBN has higher volatility (6.66%) compared to DOG (4.36%). In terms of maximum drawdown, IBN dropped -86.09% vs DOG's -92.73%.

IBN currently has the higher Sharpe Ratio (-0.80 vs -1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for IBN and DOG

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer