IFN vs. DEMAX
Compare and contrast key facts about The India Fund (IFN) and Nomura Emerging Markets Fund Class A (DEMAX).
IFN is managed by India Fund. It was launched on Feb 25, 1994. DEMAX is an actively managed fund by Nomura. It was launched on Jun 10, 1996.
Performance
IFN vs. DEMAX - Performance Comparison
Loading graphics...
IFN vs. DEMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IFN The India Fund | -14.65% | 0.42% | -2.26% | 36.48% | -15.85% | 22.31% | 12.25% | 11.27% | -5.33% | 37.15% |
DEMAX Nomura Emerging Markets Fund Class A | 13.26% | 86.33% | 6.25% | 17.34% | -28.85% | -2.32% | 25.54% | 24.05% | -17.32% | 41.62% |
Returns By Period
In the year-to-date period, IFN achieves a -14.65% return, which is significantly lower than DEMAX's 13.26% return. Over the past 10 years, IFN has underperformed DEMAX with an annualized return of 6.77%, while DEMAX has yielded a comparatively higher 14.09% annualized return.
IFN
- 1D
- 4.24%
- 1M
- -14.95%
- YTD
- -14.65%
- 6M
- -15.07%
- 1Y
- -16.89%
- 3Y*
- 2.90%
- 5Y*
- 1.01%
- 10Y*
- 6.77%
DEMAX
- 1D
- 0.97%
- 1M
- -18.27%
- YTD
- 13.26%
- 6M
- 43.25%
- 1Y
- 104.18%
- 3Y*
- 34.89%
- 5Y*
- 12.22%
- 10Y*
- 14.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IFN vs. DEMAX - Expense Ratio Comparison
IFN has a 0.01% expense ratio, which is lower than DEMAX's 1.42% expense ratio.
Return for Risk
IFN vs. DEMAX — Risk / Return Rank
IFN
DEMAX
IFN vs. DEMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The India Fund (IFN) and Nomura Emerging Markets Fund Class A (DEMAX). 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.
| IFN | DEMAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.91 | 3.10 | -4.00 |
Sortino ratioReturn per unit of downside risk | -1.21 | 3.27 | -4.48 |
Omega ratioGain probability vs. loss probability | 0.85 | 1.50 | -0.65 |
Calmar ratioReturn relative to maximum drawdown | -0.63 | 4.78 | -5.41 |
Martin ratioReturn relative to average drawdown | -1.94 | 18.45 | -20.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IFN | DEMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.91 | 3.10 | -4.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.53 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.64 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.43 | -0.20 |
Correlation
The correlation between IFN and DEMAX is 0.53, 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.
Dividends
IFN vs. DEMAX - Dividend Comparison
IFN's dividend yield for the trailing twelve months is around 19.40%, more than DEMAX's 16.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IFN The India Fund | 19.40% | 16.09% | 14.60% | 8.97% | 21.47% | 15.21% | 9.77% | 11.57% | 22.25% | 12.11% | 7.97% | 8.02% |
DEMAX Nomura Emerging Markets Fund Class A | 16.80% | 19.03% | 1.74% | 2.76% | 1.60% | 3.16% | 0.56% | 0.57% | 0.34% | 1.59% | 0.70% | 0.03% |
Drawdowns
IFN vs. DEMAX - Drawdown Comparison
The maximum IFN drawdown since its inception was -71.52%, which is greater than DEMAX's maximum drawdown of -63.23%. Use the drawdown chart below to compare losses from any high point for IFN and DEMAX.
Loading graphics...
Drawdown Indicators
| IFN | DEMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.52% | -63.23% | -8.29% |
Max Drawdown (1Y)Largest decline over 1 year | -26.05% | -20.32% | -5.73% |
Max Drawdown (5Y)Largest decline over 5 years | -31.53% | -44.15% | +12.62% |
Max Drawdown (10Y)Largest decline over 10 years | -41.48% | -46.51% | +5.03% |
Current DrawdownCurrent decline from peak | -28.63% | -19.55% | -9.08% |
Average DrawdownAverage peak-to-trough decline | -25.89% | -18.84% | -7.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.47% | 5.27% | +3.20% |
Volatility
IFN vs. DEMAX - Volatility Comparison
The current volatility for The India Fund (IFN) is 7.42%, while Nomura Emerging Markets Fund Class A (DEMAX) has a volatility of 19.13%. This indicates that IFN experiences smaller price fluctuations and is considered to be less risky than DEMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IFN | DEMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | 19.13% | -11.71% |
Volatility (6M)Calculated over the trailing 6-month period | 12.47% | 28.50% | -16.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.71% | 33.35% | -14.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.59% | 23.12% | -5.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.89% | 21.94% | -3.05% |