ICICIBANK.NS vs. ^NIFTY200
Compare and contrast key facts about ICICI Bank Limited (ICICIBANK.NS) and NIFTY 200 (^NIFTY200).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICICIBANK.NS or ^NIFTY200.
Key characteristics
ICICIBANK.NS | ^NIFTY200 | |
---|---|---|
YTD Return | 28.11% | 22.22% |
1Y Return | 29.27% | 34.36% |
3Y Return (Ann) | 21.94% | 15.82% |
5Y Return (Ann) | 27.99% | 21.31% |
10Y Return (Ann) | 17.39% | 13.51% |
Sharpe Ratio | 1.57 | 2.61 |
Daily Std Dev | 19.47% | 14.10% |
Max Drawdown | -81.41% | -64.04% |
Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between ICICIBANK.NS and ^NIFTY200 is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ICICIBANK.NS vs. ^NIFTY200 - Performance Comparison
In the year-to-date period, ICICIBANK.NS achieves a 28.11% return, which is significantly higher than ^NIFTY200's 22.22% return. Over the past 10 years, ICICIBANK.NS has outperformed ^NIFTY200 with an annualized return of 17.39%, while ^NIFTY200 has yielded a comparatively lower 13.51% 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
ICICIBANK.NS vs. ^NIFTY200 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ICICI Bank Limited (ICICIBANK.NS) and NIFTY 200 (^NIFTY200). 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.
Drawdowns
ICICIBANK.NS vs. ^NIFTY200 - Drawdown Comparison
The maximum ICICIBANK.NS drawdown since its inception was -81.41%, which is greater than ^NIFTY200's maximum drawdown of -64.04%. Use the drawdown chart below to compare losses from any high point for ICICIBANK.NS and ^NIFTY200. For additional features, visit the drawdowns tool.
Volatility
ICICIBANK.NS vs. ^NIFTY200 - Volatility Comparison
ICICI Bank Limited (ICICIBANK.NS) has a higher volatility of 4.05% compared to NIFTY 200 (^NIFTY200) at 2.46%. This indicates that ICICIBANK.NS's price experiences larger fluctuations and is considered to be riskier than ^NIFTY200 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.