INDI vs. INDY
Compare and contrast key facts about indie Semiconductor, Inc. (INDI) and iShares India 50 ETF (INDY).
INDY is a passively managed fund by iShares that tracks the performance of the S&P CNX Nifty Index. It was launched on Nov 18, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INDI or INDY.
Key characteristics
| INDI | INDY | |
|---|---|---|
| YTD Return | -45.01% | 5.26% |
| 1Y Return | -34.89% | 14.33% |
| 3Y Return (Ann) | -34.38% | 2.89% |
| Sharpe Ratio | -0.36 | 1.07 |
| Sortino Ratio | -0.08 | 1.47 |
| Omega Ratio | 0.99 | 1.21 |
| Calmar Ratio | -0.40 | 1.48 |
| Martin Ratio | -0.91 | 5.29 |
| Ulcer Index | 35.11% | 2.69% |
| Daily Std Dev | 88.84% | 13.35% |
| Max Drawdown | -79.94% | -44.74% |
| Current Drawdown | -71.86% | -9.52% |
Correlation
The correlation between INDI and INDY is 0.31, 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.
Performance
INDI vs. INDY - Performance Comparison
In the year-to-date period, INDI achieves a -45.01% return, which is significantly lower than INDY's 5.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
INDI vs. INDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for indie Semiconductor, Inc. (INDI) and iShares India 50 ETF (INDY). 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
INDI vs. INDY - Dividend Comparison
INDI has not paid dividends to shareholders, while INDY's dividend yield for the trailing twelve months is around 0.31%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDI indie Semiconductor, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INDY iShares India 50 ETF | 0.31% | 0.39% | 3.75% | 7.12% | 0.08% | 0.58% | 0.59% | 0.27% | 0.48% | 0.57% | 0.52% | 0.77% |
Drawdowns
INDI vs. INDY - Drawdown Comparison
The maximum INDI drawdown since its inception was -79.94%, which is greater than INDY's maximum drawdown of -44.74%. Use the drawdown chart below to compare losses from any high point for INDI and INDY. For additional features, visit the drawdowns tool.
Volatility
INDI vs. INDY - Volatility Comparison
indie Semiconductor, Inc. (INDI) has a higher volatility of 51.72% compared to iShares India 50 ETF (INDY) at 3.05%. This indicates that INDI's price experiences larger fluctuations and is considered to be riskier than INDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.