INDF vs. PBEU

Last updated Jun 4, 2026

INDF (Nifty India Financials ETF) and PBEU (Portfolio Building Block European Banks Index ETF) are both Financials Equities funds - INDF tracks the Nifty Financial Services 25/50 Index while PBEU tracks the BITA European Banks Index. Both are passively managed. INDF charges 0.75%/yr vs 0.13%/yr for PBEU.

Performance

INDF vs. PBEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nifty India Financials ETF (INDF) and Portfolio Building Block European Banks Index ETF (PBEU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

INDF

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

PBEU

• 1D: -2.01%
• 1M: 5.50%
• YTD: 6.67%
• 6M: 14.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

INDF vs. PBEU - Yearly Performance Comparison

	2026 (YTD)	2025
INDF Nifty India Financials ETF	0.00%	0.00%
PBEU Portfolio Building Block European Banks Index ETF	6.67%	11.49%

Return for Risk

INDF vs. PBEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nifty India Financials ETF (INDF) and Portfolio Building Block European Banks Index ETF (PBEU). 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	PBEU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.45	—

Drawdowns

Drawdown Indicators

	INDF	PBEU	Difference
Max Drawdown Largest peak-to-trough decline	—	-17.26%	—
Current Drawdown Current decline from peak	—	-2.18%	—
Average Drawdown Average peak-to-trough decline	—	-4.23%	—

Volatility

Volatility by Period

	INDF	PBEU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	27.88%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	27.88%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	27.88%	—

INDF vs. PBEU - Expense Ratio Comparison

INDF has a 0.75% expense ratio, which is higher than PBEU's 0.13% expense ratio.

Dividends

INDF vs. PBEU - Dividend Comparison

INDF's dividend yield for the trailing twelve months is around 21.29%, more than PBEU's 0.01% yield.

Position	TTM	2025	2024	2023	2022	2021
INDF Nifty India Financials ETF	21.29%	21.29%	6.15%	8.84%	3.12%	1.58%
PBEU Portfolio Building Block European Banks Index ETF	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, INDF or PBEU?

On fees, PBEU is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, INDF or PBEU?

PBEU is cheaper with a 0.13% expense ratio, compared with 0.75% for INDF.

Which ETF pays a higher dividend yield, INDF or PBEU?

INDF has the higher dividend yield at 21.29%, compared with 0.01% for PBEU.

What is the main difference between INDF and PBEU?

INDF tracks Nifty Financial Services 25/50 Index, while PBEU tracks BITA European Banks Index. They also come from different issuers: Exchange Traded Concepts and Portfolio Building Block. Their fees differ too: 0.75% for INDF and 0.13% for PBEU.