ICICIPRULI.NS vs. FZILX

Last updated Jun 5, 2026

ICICIPRULI.NS (ICICI Prudential Life Insurance Company Limited) is a stock, while FZILX (Fidelity ZERO International Index Fund) is Foreign Large Cap Equities fund tracking the Fidelity Global ex U.S. Index. Over the past 5 years, ICICIPRULI.NS returned -3.62%/yr vs 15.15%/yr for FZILX. At a 0.13 correlation, their price movements are largely independent.

Performance

ICICIPRULI.NS vs. FZILX - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in ICICI Prudential Life Insurance Company Limited (ICICIPRULI.NS) and Fidelity ZERO International Index Fund (FZILX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ICICIPRULI.NS is traded in INR, while FZILX is traded in USD. To make them comparable, the FZILX values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ICICIPRULI.NS achieves a -28.60% return, which is significantly lower than FZILX's 22.90% return.

ICICIPRULI.NS

• 1D: 0.00%
• 1M: -13.27%
• YTD: -28.60%
• 6M: -23.79%
• 1Y: -25.11%
• 3Y*: -1.22%
• 5Y*: -3.62%
• 10Y*: —

FZILX

• 1D: 0.08%
• 1M: 2.51%
• YTD: 22.90%
• 6M: 25.28%
• 1Y: 47.81%
• 3Y*: 26.45%
• 5Y*: 15.15%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ICICIPRULI.NS vs. FZILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ICICIPRULI.NS ICICI Prudential Life Insurance Company Limited	-28.60%	2.18%	22.56%	18.63%	-19.44%	12.80%	3.40%	49.51%	-15.88%
FZILX Fidelity ZERO International Index Fund	22.90%	39.91%	8.51%	17.08%	-6.93%	10.34%	13.86%	24.78%	-10.34%

Correlation

The correlation between ICICIPRULI.NS and FZILX is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Aug 17, 2018	0.13

Return for Risk

ICICIPRULI.NS vs. FZILX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ICICIPRULI.NS

ICICIPRULI.NS Risk / Return Rank: 5
ICICIPRULI.NS Sharpe Ratio Rank: 3
ICICIPRULI.NS Sortino Ratio Rank: 6
ICICIPRULI.NS Omega Ratio Rank: 7
ICICIPRULI.NS Calmar Ratio Rank: 10
ICICIPRULI.NS Martin Ratio Rank: 1

FZILX

FZILX Risk / Return Rank: 60
FZILX Sharpe Ratio Rank: 61
FZILX Sortino Ratio Rank: 57
FZILX Omega Ratio Rank: 60
FZILX Calmar Ratio Rank: 62
FZILX Martin Ratio Rank: 59

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.

ICICIPRULI.NS vs. FZILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ICICI Prudential Life Insurance Company Limited (ICICIPRULI.NS) and Fidelity ZERO International Index Fund (FZILX). 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.

	ICICIPRULI.NS	FZILX	Difference
Sharpe ratio: Return per unit of total volatility	-1.11	3.54	-4.66
Sortino ratio: Return per unit of downside risk	-1.50	4.74	-6.24
Omega ratio: Gain probability vs. loss probability	0.82	1.65	-0.83
Calmar ratio: Return relative to maximum drawdown	-0.82	5.88	-6.70
Martin ratio: Return relative to average drawdown	-1.91	22.75	-24.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ICICIPRULI.NS vs. FZILX - Sharpe Ratio Comparison

The current ICICIPRULI.NS Sharpe Ratio is -1.11, which is lower than the FZILX Sharpe Ratio of 3.54. The chart below compares the historical Sharpe Ratios of ICICIPRULI.NS and FZILX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ICICIPRULI.NS	FZILX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.11	3.54	-4.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	1.07	-1.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.92	-0.74

Drawdowns

ICICIPRULI.NS vs. FZILX - Drawdown Comparison

The maximum ICICIPRULI.NS drawdown since its inception was -54.88%, which is greater than FZILX's maximum drawdown of -29.06%. Use the drawdown chart below to compare losses from any high point for ICICIPRULI.NS and FZILX.

Drawdown Indicators

	ICICIPRULI.NS	FZILX	Difference
Max Drawdown Largest peak-to-trough decline	-54.88%	-29.06%	-25.82%
Max Drawdown (1Y) Largest decline over 1 year	-30.73%	-8.20%	-22.53%
Max Drawdown (3Y) Largest decline over 3 years	-39.63%	-13.46%	-26.17%
Max Drawdown (5Y) Largest decline over 5 years	-46.39%	-22.00%	-24.39%
Current Drawdown Current decline from peak	-39.61%	-0.33%	-39.28%
Average Drawdown Average peak-to-trough decline	-18.82%	-4.55%	-14.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.13%	2.11%	+11.02%

Volatility

ICICIPRULI.NS vs. FZILX - Volatility Comparison

ICICI Prudential Life Insurance Company Limited (ICICIPRULI.NS) has a higher volatility of 8.12% compared to Fidelity ZERO International Index Fund (FZILX) at 4.75%. This indicates that ICICIPRULI.NS's price experiences larger fluctuations and is considered to be riskier than FZILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ICICIPRULI.NS	FZILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.12%	4.75%	+3.37%
Volatility (6M) Calculated over the trailing 6-month period	18.99%	11.18%	+7.81%
Volatility (1Y) Calculated over the trailing 1-year period	22.58%	13.62%	+8.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.53%	14.17%	+12.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.27%	15.77%	+16.50%

Dividends

ICICIPRULI.NS vs. FZILX - Dividend Comparison

ICICIPRULI.NS's dividend yield for the trailing twelve months is around 0.52%, less than FZILX's 2.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FZILX Fidelity ZERO International Index Fund	2.32%	2.67%	3.00%	2.98%	2.71%	2.61%	1.64%	2.37%	0.02%	0.00%	0.00%
ICICIPRULI.NS ICICI Prudential Life Insurance Company Limited	0.52%	0.13%	0.09%	0.11%	0.12%	0.36%	0.00%	0.49%	1.51%	1.80%	0.58%

Frequently Asked Questions

Can I hold both ICICIPRULI.NS and FZILX in my portfolio?

ICICIPRULI.NS and FZILX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.