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IIND.AX vs. DHHF.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IIND.AX vs. DHHF.AX

Last updated Jul 16, 2026
Documentation

IIND.AX (BetaShares India Quality ETF) and DHHF.AX (Betashares Diversified All Growth ETF) are both exchange-traded funds - IIND.AX is a Global Equities fund tracking the BetaShares India Quality Index, while DHHF.AX is a Large Cap Growth Equities fund actively managed by BetaShares. IIND.AX is passively managed, while DHHF.AX is actively managed. Over the past 5 years, IIND.AX returned 1.72%/yr vs 10.21%/yr for DHHF.AX. At a 0.30 correlation, their price movements are largely independent.

Performance

IIND.AX vs. DHHF.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in BetaShares India Quality ETF (IIND.AX) and Betashares Diversified All Growth ETF (DHHF.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IIND.AX achieves a -14.66% return, which is significantly lower than DHHF.AX's 5.55% return.

IIND.AX

1D
0.31%
1M
-0.91%
6M
-13.30%
YTD
-14.66%
1Y
-18.27%
3Y*
0.08%
5Y*
1.72%
10Y*
—

DHHF.AX

1D
0.05%
1M
0.37%
6M
3.82%
YTD
5.55%
1Y
11.87%
3Y*
14.86%
5Y*
10.21%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IIND.AX vs. DHHF.AX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
IIND.AX
BetaShares India Quality ETF		-14.66%-4.87%12.53%14.06%-4.15%20.32%7.69%-1.63%
DHHF.AX
Betashares Diversified All Growth ETF		5.55%11.88%21.74%17.00%-8.93%23.07%3.80%0.84%

Correlation

The correlation between IIND.AX and DHHF.AX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.24

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Dec 3, 2019

0.30

The correlation between IIND.AX and DHHF.AX shifts across timeframes, from 0.20 (3 years) to 0.30 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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BetaShares India Quality ETF

Betashares Diversified All Growth ETF

Often compared with DHHF.AX:
DHHF.AX vs. VDHG.AXDHHF.AX vs. A200.AXDHHF.AX vs. NDQ.AXDHHF.AX vs. BGBDHHF.AX vs. XMEDHHF.AX vs. XARDHHF.AX vs. SCHD

Return for Risk

IIND.AX vs. DHHF.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IIND.AX
IIND.AX Risk / Return Rank: 22
Overall Rank
IIND.AX Sharpe Ratio Rank: 11
Sharpe Ratio Rank
IIND.AX Sortino Ratio Rank: 22
Sortino Ratio Rank
IIND.AX Omega Ratio Rank: 22
Omega Ratio Rank
IIND.AX Calmar Ratio Rank: 44
Calmar Ratio Rank
IIND.AX Martin Ratio Rank: 22
Martin Ratio Rank
DHHF.AX
DHHF.AX Risk / Return Rank: 4343
Overall Rank
DHHF.AX Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
DHHF.AX Sortino Ratio Rank: 4343
Sortino Ratio Rank
DHHF.AX Omega Ratio Rank: 4747
Omega Ratio Rank
DHHF.AX Calmar Ratio Rank: 3737
Calmar Ratio Rank
DHHF.AX Martin Ratio Rank: 4141
Martin Ratio Rank
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.

IIND.AX vs. DHHF.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BetaShares India Quality ETF (IIND.AX) and Betashares Diversified All Growth ETF (DHHF.AX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IIND.AXDHHF.AXDifference
Sharpe ratioReturn per unit of total volatility
-1.01
1.31

-2.31

Sortino ratioReturn per unit of downside risk
-1.46
1.84

-3.30

Omega ratioGain probability vs. loss probability

0.84

1.25

-0.41

Calmar ratioReturn relative to maximum drawdown

-0.71

1.56

-2.27

Martin ratioReturn relative to average drawdown

-1.31

5.40

-6.71

IIND.AX vs. DHHF.AX - Sharpe Ratio Comparison

The current IIND.AX Sharpe Ratio is -1.01, which is lower than the DHHF.AX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of IIND.AX and DHHF.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IIND.AX vs. DHHF.AX - Drawdown Comparison

The maximum IIND.AX drawdown since its inception was -27.24%, roughly equal to the maximum DHHF.AX drawdown of -28.54%. Use the drawdown chart below to compare losses from any high point for IIND.AX and DHHF.AX.

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Drawdown Indicators

IIND.AXDHHF.AXDifference

Max Drawdown

Largest peak-to-trough decline

-27.24%

-28.54%

+1.30%

Max Drawdown (1Y)

Largest decline over 1 year

-24.42%

-8.03%

-16.39%

Max Drawdown (3Y)

Largest decline over 3 years

-26.76%

-13.49%

-13.27%

Max Drawdown (5Y)

Largest decline over 5 years

-26.76%

-17.30%

-9.46%

Current Drawdown

Current decline from peak

-21.58%

-0.33%

-21.25%

Average Drawdown

Average peak-to-trough decline

-6.93%

-4.11%

-2.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.40%

2.32%

+11.08%

Volatility

IIND.AX vs. DHHF.AX - Volatility Comparison

BetaShares India Quality ETF (IIND.AX) has a higher volatility of 3.60% compared to Betashares Diversified All Growth ETF (DHHF.AX) at 1.67%. This indicates that IIND.AX's price experiences larger fluctuations and is considered to be riskier than DHHF.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IIND.AXDHHF.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.60%

1.67%

+1.93%

Volatility (6M)

Calculated over the trailing 6-month period

15.22%

7.59%

+7.63%

Volatility (1Y)

Calculated over the trailing 1-year period

17.28%

9.60%

+7.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.66%

11.12%

+4.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.97%

13.10%

+3.87%

Dividends

IIND.AX vs. DHHF.AX - Dividend Comparison

IIND.AX has not paid dividends to shareholders, while DHHF.AX's dividend yield for the trailing twelve months is around 1.99%.

PositionTTM202520242023202220212020
DHHF.AX
Betashares Diversified All Growth ETF		1.99%2.13%1.99%2.38%4.24%1.28%1.25%
IIND.AX
BetaShares India Quality ETF		0.00%0.61%3.07%3.48%0.00%2.96%0.00%

Frequently Asked Questions

IIND.AX and DHHF.AX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IIND.AX is categorized as Global Equities, while DHHF.AX is Large Cap Growth Equities.

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