INDF vs. C

Last updated Apr 1, 2026

Compare and contrast key facts about Nifty India Financials ETF (INDF) and Citigroup Inc. (C).

INDF is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Nifty Financial Services 25/50 Index. It was launched on Oct 20, 2020.

Performance

INDF vs. C - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nifty India Financials ETF (INDF) and Citigroup Inc. (C). The values are adjusted to include any dividend payments, if applicable.

INDF vs. C - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
INDF Nifty India Financials ETF	0.00%	8.17%	6.32%	19.86%	-5.28%	11.95%	23.97%
C Citigroup Inc.	-2.30%	70.38%	41.93%	18.98%	-22.09%	0.93%	45.14%

Returns By Period

INDF

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

C

• 1D: 5.72%
• 1M: 2.92%
• YTD: -2.30%
• 6M: 12.99%
• 1Y: 63.91%
• 3Y*: 38.99%
• 5Y*: 13.06%
• 10Y*: 13.63%

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

Return for Risk

INDF vs. C — Risk / Return Rank

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

C

C Risk / Return Rank: 88
C Sharpe Ratio Rank: 90
C Sortino Ratio Rank: 85
C Omega Ratio Rank: 87
C Calmar Ratio Rank: 89
C Martin Ratio Rank: 91

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.

INDF vs. C - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nifty India Financials ETF (INDF) and Citigroup Inc. (C). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	INDF	C	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.94	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.15	—

Correlation

The correlation between INDF and C is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

INDF vs. C - Dividend Comparison

INDF's dividend yield for the trailing twelve months is around 21.29%, more than C's 2.08% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INDF Nifty India Financials ETF	21.29%	21.29%	6.15%	8.84%	3.12%	1.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
C Citigroup Inc.	2.08%	1.99%	3.10%	4.04%	4.51%	3.38%	3.31%	2.40%	2.96%	1.29%	0.71%	0.31%

Drawdowns

Drawdown Indicators

	INDF	C	Difference
Max Drawdown Largest peak-to-trough decline	—	-98.00%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-18.99%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-47.80%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.51%	—
Current Drawdown Current decline from peak	—	-69.87%	—
Average Drawdown Average peak-to-trough decline	—	-43.42%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.80%	—

Volatility

Volatility by Period

	INDF	C	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	33.08%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	28.91%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	33.25%	—