IGC vs. FRIN.L
Compare and contrast key facts about India Globalization Capital, Inc. (IGC) and Franklin FTSE India UCITS ETF (FRIN.L).
FRIN.L is a passively managed fund by Franklin Templeton that tracks the performance of the MSCI India NR USD. It was launched on Jun 25, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGC or FRIN.L.
Key characteristics
| IGC | FRIN.L | |
|---|---|---|
| YTD Return | 24.54% | 16.47% |
| 1Y Return | -10.59% | 24.03% |
| 3Y Return (Ann) | -38.73% | 12.02% |
| 5Y Return (Ann) | -21.14% | 13.57% |
| Sharpe Ratio | -0.12 | 1.72 |
| Daily Std Dev | 85.92% | 14.45% |
| Max Drawdown | -99.76% | -36.20% |
| Current Drawdown | -99.41% | -2.05% |
Correlation
The correlation between IGC and FRIN.L is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IGC vs. FRIN.L - Performance Comparison
In the year-to-date period, IGC achieves a 24.54% return, which is significantly higher than FRIN.L's 16.47% 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
IGC vs. FRIN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for India Globalization Capital, Inc. (IGC) and Franklin FTSE India UCITS ETF (FRIN.L). 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
IGC vs. FRIN.L - Dividend Comparison
Neither IGC nor FRIN.L has paid dividends to shareholders.
Drawdowns
IGC vs. FRIN.L - Drawdown Comparison
The maximum IGC drawdown since its inception was -99.76%, which is greater than FRIN.L's maximum drawdown of -36.20%. Use the drawdown chart below to compare losses from any high point for IGC and FRIN.L. For additional features, visit the drawdowns tool.
Volatility
IGC vs. FRIN.L - Volatility Comparison
India Globalization Capital, Inc. (IGC) has a higher volatility of 12.66% compared to Franklin FTSE India UCITS ETF (FRIN.L) at 2.73%. This indicates that IGC's price experiences larger fluctuations and is considered to be riskier than FRIN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.