IIND.L vs. SMIN
Compare and contrast key facts about iShares MSCI India UCITS ETF USD (Acc) (IIND.L) and iShares MSCI India Small-Cap ETF (SMIN).
IIND.L and SMIN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IIND.L is a passively managed fund by iShares that tracks the performance of the MSCI India NR USD. It was launched on May 25, 2018. SMIN is a passively managed fund by iShares that tracks the performance of the MSCI India Small Cap Index. It was launched on Feb 8, 2012. Both IIND.L and SMIN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IIND.L or SMIN.
Key characteristics
| IIND.L | SMIN | |
|---|---|---|
| YTD Return | 17.84% | 23.87% |
| 1Y Return | 25.03% | 35.70% |
| 3Y Return (Ann) | 11.61% | 13.38% |
| 5Y Return (Ann) | 14.20% | 21.25% |
| Sharpe Ratio | 1.66 | 2.12 |
| Daily Std Dev | 15.15% | 17.31% |
| Max Drawdown | -36.72% | -60.50% |
| Current Drawdown | -1.85% | 0.00% |
Correlation
The correlation between IIND.L and SMIN is 0.71, 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
IIND.L vs. SMIN - Performance Comparison
In the year-to-date period, IIND.L achieves a 17.84% return, which is significantly lower than SMIN's 23.87% 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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IIND.L vs. SMIN - Expense Ratio Comparison
IIND.L has a 0.65% expense ratio, which is lower than SMIN's 0.76% expense ratio.
Risk-Adjusted Performance
IIND.L vs. SMIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI India UCITS ETF USD (Acc) (IIND.L) and iShares MSCI India Small-Cap ETF (SMIN). 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
IIND.L vs. SMIN - Dividend Comparison
IIND.L has not paid dividends to shareholders, while SMIN's dividend yield for the trailing twelve months is around 0.28%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIND.L iShares MSCI India UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMIN iShares MSCI India Small-Cap ETF | 0.28% | 0.41% | 0.01% | 1.27% | 1.06% | 1.75% | 1.68% | 0.89% | 2.30% | 0.93% | 0.34% | 0.75% |
Drawdowns
IIND.L vs. SMIN - Drawdown Comparison
The maximum IIND.L drawdown since its inception was -36.72%, smaller than the maximum SMIN drawdown of -60.50%. Use the drawdown chart below to compare losses from any high point for IIND.L and SMIN. For additional features, visit the drawdowns tool.
Volatility
IIND.L vs. SMIN - Volatility Comparison
iShares MSCI India UCITS ETF USD (Acc) (IIND.L) has a higher volatility of 3.59% compared to iShares MSCI India Small-Cap ETF (SMIN) at 3.31%. This indicates that IIND.L's price experiences larger fluctuations and is considered to be riskier than SMIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.