INDF vs. QRFT

Last updated Apr 2, 2026

Compare and contrast key facts about Nifty India Financials ETF (INDF) and QRAFT AI Enhanced U.S. Large Cap ETF (QRFT).

INDF and QRFT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. QRFT is an actively managed fund by Exchange Traded Concepts. It was launched on May 21, 2019.

Performance

INDF vs. QRFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nifty India Financials ETF (INDF) and QRAFT AI Enhanced U.S. Large Cap ETF (QRFT). The values are adjusted to include any dividend payments, if applicable.

INDF vs. QRFT - 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%
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	-3.78%	17.95%	21.36%	24.16%	-22.69%	22.74%	13.37%

Returns By Period

INDF

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

QRFT

• 1D: 0.99%
• 1M: -3.95%
• YTD: -3.78%
• 6M: -1.77%
• 1Y: 17.21%
• 3Y*: 16.70%
• 5Y*: 9.60%
• 10Y*: —

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

INDF vs. QRFT - Expense Ratio Comparison

Both INDF and QRFT have an expense ratio of 0.75%.

INDF

Nifty India Financials ETF

QRFT

QRAFT AI Enhanced U.S. Large Cap ETF

Return for Risk

INDF vs. QRFT — Risk / Return Rank

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

QRFT

QRFT Risk / Return Rank: 53
QRFT Sharpe Ratio Rank: 48
QRFT Sortino Ratio Rank: 50
QRFT Omega Ratio Rank: 52
QRFT Calmar Ratio Rank: 52
QRFT Martin Ratio Rank: 62

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. QRFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nifty India Financials ETF (INDF) and QRAFT AI Enhanced U.S. Large Cap ETF (QRFT). 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	QRFT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.91	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.74	—

Correlation

The correlation between INDF and QRFT is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

INDF vs. QRFT - Dividend Comparison

INDF's dividend yield for the trailing twelve months is around 21.29%, more than QRFT's 0.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
INDF Nifty India Financials ETF	21.29%	21.29%	6.15%	8.84%	3.12%	1.58%	0.00%	0.00%
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	0.29%	0.27%	0.52%	0.77%	0.83%	0.05%	1.81%	4.00%

Drawdowns

Drawdown Indicators

	INDF	QRFT	Difference
Max Drawdown Largest peak-to-trough decline	—	-30.19%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.20%	—
Current Drawdown Current decline from peak	—	-5.56%	—
Average Drawdown Average peak-to-trough decline	—	-6.94%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.68%	—

Volatility

Volatility by Period

	INDF	QRFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	18.99%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.46%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.24%	—