ILKAY vs. NDIA
ILKAY (Iluka Resources Ltd ADR) is a stock, while NDIA (Global X Funds - Global X India Active ETF) is Asia Pacific Equities fund actively managed by Global X. Over the past year, ILKAY returned 124.64% vs -9.32% for NDIA. At a 0.05 correlation, their price movements are largely independent.
Performance
ILKAY vs. NDIA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ILKAY achieves a 41.54% return, which is significantly higher than NDIA's -9.90% return.
ILKAY
- 1D
- -7.49%
- 1M
- -4.76%
- YTD
- 41.54%
- 6M
- 37.21%
- 1Y
- 124.64%
- 3Y*
- -11.65%
- 5Y*
- -1.35%
- 10Y*
- 10.70%
NDIA
- 1D
- -1.85%
- 1M
- 0.89%
- YTD
- -9.90%
- 6M
- -10.07%
- 1Y
- -9.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ILKAY vs. NDIA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ILKAY Iluka Resources Ltd ADR | 41.54% | 19.25% | -26.93% | -28.23% |
NDIA Global X Funds - Global X India Active ETF | -9.90% | 5.04% | 5.75% | 12.76% |
Correlation
The correlation between ILKAY and NDIA is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2023 | 0.05 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ILKAY vs. NDIA — Risk / Return Rank
ILKAY
NDIA
ILKAY vs. NDIA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Iluka Resources Ltd ADR (ILKAY) and Global X Funds - Global X India Active ETF (NDIA). 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.
| ILKAY | NDIA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.21 | ||
| Sortino ratioReturn per unit of downside risk | +2.98 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.91 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | -0.52 | +3.37 |
| Martin ratioReturn relative to average drawdown | 5.43 | -1.20 | +6.63 |
Loading charts...
Drawdowns
ILKAY vs. NDIA - Drawdown Comparison
The maximum ILKAY drawdown since its inception was -79.51%, which is greater than NDIA's maximum drawdown of -22.05%. Use the drawdown chart below to compare losses from any high point for ILKAY and NDIA.
Loading charts...
Drawdown Indicators
| ILKAY | NDIA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.51% | -22.05% | -57.46% |
Max Drawdown (1Y)Largest decline over 1 year | -43.96% | -18.03% | -25.93% |
Max Drawdown (3Y)Largest decline over 3 years | -76.29% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -77.94% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -77.94% | — | — |
Current DrawdownCurrent decline from peak | -35.85% | -16.45% | -19.40% |
Average DrawdownAverage peak-to-trough decline | -47.22% | -7.24% | -39.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.03% | 7.79% | +15.24% |
Volatility
ILKAY vs. NDIA - Volatility Comparison
Iluka Resources Ltd ADR (ILKAY) has a higher volatility of 21.14% compared to Global X Funds - Global X India Active ETF (NDIA) at 4.43%. This indicates that ILKAY's price experiences larger fluctuations and is considered to be riskier than NDIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ILKAY | NDIA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.14% | 4.43% | +16.71% |
Volatility (6M)Calculated over the trailing 6-month period | 48.27% | 13.89% | +34.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.47% | 15.92% | +61.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.24% | 15.63% | +39.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.53% | 15.63% | +35.90% |
Dividends
ILKAY vs. NDIA - Dividend Comparison
ILKAY's dividend yield for the trailing twelve months is around 0.65%, less than NDIA's 1.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILKAY Iluka Resources Ltd ADR | 0.65% | 1.03% | 1.68% | 3.58% | 7.39% | 1.33% | 73.30% | 2.45% | 4.10% | 0.55% | 9.11% | 2.95% |
NDIA Global X Funds - Global X India Active ETF | 1.22% | 1.10% | 3.66% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ILKAY and NDIA have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ILKAY has higher volatility (21.14%) compared to NDIA (4.43%). In terms of maximum drawdown, ILKAY dropped -79.51% vs NDIA's -22.05%.
ILKAY currently has the higher Sharpe Ratio (1.62 vs -0.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ILKAY and NDIA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer