IND vs. EWY
IND (Xtrackers Nifty 500 India ETF) and EWY (iShares MSCI South Korea ETF) are both Asia Pacific Equities funds - IND tracks the Nifty 500 Index while EWY tracks the MSCI Korea Index. Both are passively managed. At a 0.36 correlation, their price movements are largely independent. IND charges 0.19%/yr vs 0.59%/yr for EWY.
Performance
IND vs. EWY - Performance Comparison
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Returns By Period
In the year-to-date period, IND achieves a -8.05% return, which is significantly lower than EWY's 97.70% return.
IND
- 1D
- -1.22%
- 1M
- 2.92%
- YTD
- -8.05%
- 6M
- -9.01%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EWY
- 1D
- -12.25%
- 1M
- 5.59%
- YTD
- 97.70%
- 6M
- 107.34%
- 1Y
- 183.08%
- 3Y*
- 48.30%
- 5Y*
- 17.96%
- 10Y*
- 16.60%
IND vs. EWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IND Xtrackers Nifty 500 India ETF | -8.05% | -0.34% |
EWY iShares MSCI South Korea ETF | 97.70% | 10.08% |
Correlation
The correlation between IND and EWY is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.36 |
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Return for Risk
IND vs. EWY — Risk / Return Rank
IND
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EWY
IND vs. EWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nifty 500 India ETF (IND) and iShares MSCI South Korea ETF (EWY). 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.
| IND | EWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.54 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 7.98 | — |
| Martin ratioReturn relative to average drawdown | — | 27.66 | — |
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Drawdowns
IND vs. EWY - Drawdown Comparison
The maximum IND drawdown since its inception was -18.75%, smaller than the maximum EWY drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for IND and EWY.
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Drawdown Indicators
| IND | EWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.75% | -74.14% | +55.39% |
Max Drawdown (1Y)Largest decline over 1 year | — | -23.08% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.73% | — |
Current DrawdownCurrent decline from peak | -9.25% | -12.32% | +3.07% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -20.10% | +12.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.65% | — |
Volatility
IND vs. EWY - Volatility Comparison
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Volatility by Period
| IND | EWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 29.47% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 45.53% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.00% | 49.00% | -29.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.00% | 31.00% | -11.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.00% | 28.43% | -8.43% |
IND vs. EWY - Expense Ratio Comparison
IND has a 0.19% expense ratio, which is lower than EWY's 0.59% expense ratio.
Dividends
IND vs. EWY - Dividend Comparison
IND's dividend yield for the trailing twelve months is around 0.34%, less than EWY's 1.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWY iShares MSCI South Korea ETF | 1.06% | 2.10% | 2.55% | 2.52% | 1.23% | 2.16% | 0.73% | 2.10% | 1.34% | 2.90% | 1.21% | 2.42% |
IND Xtrackers Nifty 500 India ETF | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IND and EWY have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IND is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IND is cheaper with a 0.19% expense ratio, compared with 0.59% for EWY.
EWY has the higher dividend yield at 1.06%, compared with 0.34% for IND.
IND tracks Nifty 500 Index, while EWY tracks MSCI Korea Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.19% for IND and 0.59% for EWY.
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