IBN vs. SMIN
Compare and contrast key facts about ICICI Bank Limited (IBN) and iShares MSCI India Small-Cap ETF (SMIN).
SMIN is a passively managed fund by iShares that tracks the performance of the MSCI India Small Cap Index. It was launched on Feb 8, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBN or SMIN.
Key characteristics
| IBN | SMIN | |
|---|---|---|
| YTD Return | 25.35% | 14.01% |
| 1Y Return | 32.76% | 22.09% |
| 3Y Return (Ann) | 13.92% | 8.85% |
| 5Y Return (Ann) | 17.26% | 18.57% |
| 10Y Return (Ann) | 12.01% | 9.94% |
| Sharpe Ratio | 1.36 | 1.19 |
| Sortino Ratio | 1.98 | 1.51 |
| Omega Ratio | 1.27 | 1.23 |
| Calmar Ratio | 3.33 | 2.02 |
| Martin Ratio | 9.55 | 6.93 |
| Ulcer Index | 3.33% | 3.07% |
| Daily Std Dev | 23.39% | 17.96% |
| Max Drawdown | -86.09% | -60.50% |
| Current Drawdown | -5.58% | -8.51% |
Correlation
The correlation between IBN and SMIN is 0.55, 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. SMIN - Performance Comparison
In the year-to-date period, IBN achieves a 25.35% return, which is significantly higher than SMIN's 14.01% return. Over the past 10 years, IBN has outperformed SMIN with an annualized return of 12.01%, while SMIN has yielded a comparatively lower 9.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
IBN vs. SMIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ICICI Bank Limited (IBN) and iShares MSCI India Small-Cap ETF (SMIN). 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. SMIN - Dividend Comparison
IBN's dividend yield for the trailing twelve months is around 0.81%, more than SMIN's 0.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBN ICICI Bank Limited | 0.81% | 0.82% | 0.58% | 0.27% | 0.00% | 0.19% | 0.84% | 0.72% | 1.99% | 4.21% | 1.32% | 2.02% |
SMIN iShares MSCI India Small-Cap ETF | 0.31% | 0.41% | 0.01% | 1.27% | 1.07% | 1.74% | 1.68% | 0.89% | 2.30% | 0.93% | 0.34% | 0.75% |
Drawdowns
IBN vs. SMIN - Drawdown Comparison
The maximum IBN drawdown since its inception was -86.09%, which is greater than SMIN's maximum drawdown of -60.50%. Use the drawdown chart below to compare losses from any high point for IBN and SMIN. For additional features, visit the drawdowns tool.
Volatility
IBN vs. SMIN - Volatility Comparison
ICICI Bank Limited (IBN) has a higher volatility of 8.56% compared to iShares MSCI India Small-Cap ETF (SMIN) at 5.75%. This indicates that IBN's price experiences larger fluctuations and is considered to be riskier than SMIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.