INDAX vs. FRIN.L
Compare and contrast key facts about ALPS/Kotak India ESG Fund (INDAX) and Franklin FTSE India UCITS ETF (FRIN.L).
INDAX is managed by ALPS. It was launched on Feb 13, 2011. FRIN.L is a passively managed fund by Franklin Templeton that tracks the performance of the MSCI India NR USD. It was launched on Jun 25, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INDAX or FRIN.L.
Key characteristics
| INDAX | FRIN.L | |
|---|---|---|
| YTD Return | 4.49% | 8.87% |
| 1Y Return | 20.91% | 32.41% |
| 3Y Return (Ann) | 7.70% | 15.52% |
| Sharpe Ratio | 1.80 | 2.60 |
| Daily Std Dev | 12.03% | 12.31% |
| Max Drawdown | -43.98% | -36.20% |
| Current Drawdown | -1.75% | -2.42% |
Correlation
The correlation between INDAX and FRIN.L is 0.76, 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
INDAX vs. FRIN.L - Performance Comparison
In the year-to-date period, INDAX achieves a 4.49% return, which is significantly lower than FRIN.L's 8.87% 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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INDAX vs. FRIN.L - Expense Ratio Comparison
INDAX has a 1.33% expense ratio, which is higher than FRIN.L's 0.19% expense ratio.
Risk-Adjusted Performance
INDAX vs. FRIN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS/Kotak India ESG Fund (INDAX) and Franklin FTSE India UCITS ETF (FRIN.L). 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
INDAX vs. FRIN.L - Dividend Comparison
INDAX's dividend yield for the trailing twelve months is around 4.24%, while FRIN.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDAX ALPS/Kotak India ESG Fund | 4.24% | 4.43% | 1.64% | 5.48% | 0.00% | 1.30% | 6.55% | 2.79% | 1.32% | 15.14% | 4.35% | 0.14% |
FRIN.L Franklin FTSE India UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
INDAX vs. FRIN.L - Drawdown Comparison
The maximum INDAX drawdown since its inception was -43.98%, which is greater than FRIN.L's maximum drawdown of -36.20%. Use the drawdown chart below to compare losses from any high point for INDAX and FRIN.L. For additional features, visit the drawdowns tool.
Volatility
INDAX vs. FRIN.L - Volatility Comparison
The current volatility for ALPS/Kotak India ESG Fund (INDAX) is 3.08%, while Franklin FTSE India UCITS ETF (FRIN.L) has a volatility of 3.54%. This indicates that INDAX experiences smaller price fluctuations and is considered to be less risky than FRIN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.