IBN vs. INDA
Compare and contrast key facts about ICICI Bank Limited (IBN) 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: IBN or INDA.
Correlation
The correlation between IBN and INDA is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBN vs. INDA - Performance Comparison
Key characteristics
IBN:
1.15
INDA:
0.03
IBN:
1.67
INDA:
0.14
IBN:
1.23
INDA:
1.02
IBN:
1.91
INDA:
0.03
IBN:
4.53
INDA:
0.05
IBN:
5.77%
INDA:
8.57%
IBN:
22.68%
INDA:
15.31%
IBN:
-86.09%
INDA:
-45.06%
IBN:
0.00%
INDA:
-13.01%
Returns By Period
In the year-to-date period, IBN achieves a 7.07% return, which is significantly higher than INDA's -2.87% return. Over the past 10 years, IBN has outperformed INDA with an annualized return of 14.27%, while INDA has yielded a comparatively lower 6.07% annualized return.
IBN
7.07%
7.14%
8.19%
26.50%
28.15%
14.27%
INDA
-2.87%
3.42%
-9.73%
0.68%
16.34%
6.07%
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Risk-Adjusted Performance
IBN vs. INDA — Risk-Adjusted Performance Rank
IBN
INDA
IBN vs. INDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ICICI Bank Limited (IBN) 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
IBN vs. INDA - Dividend Comparison
IBN's dividend yield for the trailing twelve months is around 0.75%, less than INDA's 0.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBN ICICI Bank Limited | 0.75% | 0.80% | 0.82% | 0.58% | 0.27% | 0.00% | 0.19% | 0.84% | 0.72% | 1.99% | 4.21% | 1.32% |
INDA iShares MSCI India ETF | 0.78% | 0.76% | 0.16% | 0.00% | 6.44% | 0.27% | 1.00% | 0.94% | 1.09% | 0.91% | 1.19% | 0.63% |
Drawdowns
IBN vs. INDA - Drawdown Comparison
The maximum IBN drawdown since its inception was -86.09%, which is greater than INDA's maximum drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for IBN and INDA. For additional features, visit the drawdowns tool.
Volatility
IBN vs. INDA - Volatility Comparison
The current volatility for ICICI Bank Limited (IBN) is 6.47%, while iShares MSCI India ETF (INDA) has a volatility of 6.95%. This indicates that IBN experiences smaller price fluctuations and is considered to be less risky than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.