INCO vs. ^RTSI

Last updated Jun 9, 2026

INCO (Columbia India Consumer ETF) is Asia Pacific Equities fund tracking the Indxx India Consumer Index, while ^RTSI (RTS Index) is an index. Over the past 10 years, INCO returned 8.31%/yr vs 2.17%/yr for ^RTSI. At a 0.22 correlation, their price movements are largely independent.

Performance

INCO vs. ^RTSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia India Consumer ETF (INCO) and RTS Index (^RTSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INCO achieves a -12.41% return, which is significantly lower than ^RTSI's 0.37% return. Over the past 10 years, INCO has outperformed ^RTSI with an annualized return of 8.31%, while ^RTSI has yielded a comparatively lower 2.17% annualized return.

INCO

• 1D: -0.65%
• 1M: -6.27%
• YTD: -12.41%
• 6M: -10.02%
• 1Y: -12.31%
• 3Y*: 6.45%
• 5Y*: 5.53%
• 10Y*: 8.31%

^RTSI

• 1D: -1.70%
• 1M: 1.53%
• YTD: 0.37%
• 6M: -0.37%
• 1Y: 0.87%
• 3Y*: 2.07%
• 5Y*: -7.45%
• 10Y*: 2.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

INCO vs. ^RTSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
INCO Columbia India Consumer ETF	-12.41%	0.59%	12.70%	34.63%	-7.01%	19.28%	14.55%	-4.22%	-10.81%	53.28%
^RTSI RTS Index	0.37%	24.73%	-17.56%	11.63%	-39.18%	15.01%	-10.42%	44.93%	-7.42%	0.18%

Correlation

The correlation between INCO and ^RTSI is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Aug 10, 2011	0.22

The correlation between INCO and ^RTSI shifts across timeframes, from -0.01 (3 years) to 0.22 (all time), reflecting how their relationship changes across market environments.

Return for Risk

INCO vs. ^RTSI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INCO

INCO Risk / Return Rank: 3
INCO Sharpe Ratio Rank: 3
INCO Sortino Ratio Rank: 3
INCO Omega Ratio Rank: 4
INCO Calmar Ratio Rank: 4
INCO Martin Ratio Rank: 1

^RTSI

^RTSI Risk / Return Rank: 11
^RTSI Sharpe Ratio Rank: 11
^RTSI Sortino Ratio Rank: 11
^RTSI Omega Ratio Rank: 11
^RTSI Calmar Ratio Rank: 11
^RTSI Martin Ratio Rank: 11

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.

INCO vs. ^RTSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia India Consumer ETF (INCO) and RTS Index (^RTSI). 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.

	INCO	^RTSI	Difference
Sharpe ratio: Return per unit of total volatility	-0.73	-0.06	-0.67
Sortino ratio: Return per unit of downside risk	-0.99	0.07	-1.05
Omega ratio: Gain probability vs. loss probability	0.89	1.01	-0.12
Calmar ratio: Return relative to maximum drawdown	-0.58	-0.07	-0.51
Martin ratio: Return relative to average drawdown	-1.46	-0.15	-1.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INCO vs. ^RTSI - Sharpe Ratio Comparison

The current INCO Sharpe Ratio is -0.73, which is lower than the ^RTSI Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of INCO and ^RTSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	INCO	^RTSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.73	-0.06	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	-0.21	+0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.07	+0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.21	+0.20

Drawdowns

INCO vs. ^RTSI - Drawdown Comparison

The maximum INCO drawdown since its inception was -47.69%, smaller than the maximum ^RTSI drawdown of -93.26%. Use the drawdown chart below to compare losses from any high point for INCO and ^RTSI.

Drawdown Indicators

	INCO	^RTSI	Difference
Max Drawdown Largest peak-to-trough decline	-47.69%	-93.26%	+45.57%
Max Drawdown (1Y) Largest decline over 1 year	-21.37%	-17.79%	-3.58%
Max Drawdown (3Y) Largest decline over 3 years	-29.98%	-40.03%	+10.05%
Max Drawdown (5Y) Largest decline over 5 years	-29.98%	-62.14%	+32.16%
Max Drawdown (10Y) Largest decline over 10 years	-47.69%	-62.14%	+14.45%
Current Drawdown Current decline from peak	-25.40%	-55.05%	+29.65%
Average Drawdown Average peak-to-trough decline	-10.58%	-43.30%	+32.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.47%	8.17%	+0.30%

Volatility

INCO vs. ^RTSI - Volatility Comparison

The current volatility for Columbia India Consumer ETF (INCO) is 5.50%, while RTS Index (^RTSI) has a volatility of 5.98%. This indicates that INCO experiences smaller price fluctuations and is considered to be less risky than ^RTSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INCO	^RTSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.50%	5.98%	-0.48%
Volatility (6M) Calculated over the trailing 6-month period	14.33%	12.81%	+1.52%
Volatility (1Y) Calculated over the trailing 1-year period	16.90%	21.07%	-4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.91%	36.06%	-19.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.32%	31.01%	-10.69%

Frequently Asked Questions

Can I hold both INCO and ^RTSI in my portfolio?

INCO and ^RTSI have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INCO or ^RTSI?

^RTSI has higher volatility (5.98%) compared to INCO (5.50%). In terms of maximum drawdown, INCO dropped -47.69% vs ^RTSI's -93.26%.

Which has better risk-adjusted returns?

^RTSI currently has the higher Sharpe Ratio (-0.06 vs -0.73), 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.