INDIGO.NS vs. FUTU

Last updated Jun 13, 2026

INDIGO.NS (InterGlobe Aviation Limited) and FUTU (Futu Holdings Limited) are both stocks. INDIGO.NS operates in Airlines (Industrials), while FUTU operates in Capital Markets (Financial Services). Over the past 5 years, INDIGO.NS returned 21.37%/yr vs -1.98%/yr for FUTU. At a 0.05 correlation, their price movements are largely independent.

Performance

INDIGO.NS vs. FUTU - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in InterGlobe Aviation Limited (INDIGO.NS) and Futu Holdings Limited (FUTU). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

INDIGO.NS is traded in INR, while FUTU is traded in USD. To make them comparable, the FUTU values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, INDIGO.NS achieves a -6.91% return, which is significantly higher than FUTU's -36.11% return.

INDIGO.NS

• 1D: 4.60%
• 1M: 10.67%
• YTD: -6.91%
• 6M: -3.10%
• 1Y: -13.86%
• 3Y*: 26.33%
• 5Y*: 21.37%
• 10Y*: 17.52%

FUTU

• 1D: 1.41%
• 1M: -32.04%
• YTD: -36.11%
• 6M: -39.29%
• 1Y: -3.44%
• 3Y*: 41.36%
• 5Y*: -1.98%
• 10Y*: —

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

INDIGO.NS vs. FUTU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
INDIGO.NS InterGlobe Aviation Limited	-6.91%	11.28%	53.49%	47.79%	-0.49%	17.07%	29.23%	9.55%
FUTU Futu Holdings Limited	-36.11%	115.11%	54.41%	35.32%	3.97%	-3.47%	354.46%	-28.99%

Correlation

The correlation between INDIGO.NS and FUTU is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019	0.05

Return for Risk

INDIGO.NS vs. FUTU — Risk / Return Rank

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

INDIGO.NS

INDIGO.NS Risk / Return Rank: 25
INDIGO.NS Sharpe Ratio Rank: 23
INDIGO.NS Sortino Ratio Rank: 22
INDIGO.NS Omega Ratio Rank: 22
INDIGO.NS Calmar Ratio Rank: 29
INDIGO.NS Martin Ratio Rank: 28

FUTU

FUTU Risk / Return Rank: 34
FUTU Sharpe Ratio Rank: 34
FUTU Sortino Ratio Rank: 35
FUTU Omega Ratio Rank: 35
FUTU Calmar Ratio Rank: 35
FUTU Martin Ratio Rank: 31

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.

INDIGO.NS vs. FUTU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for InterGlobe Aviation Limited (INDIGO.NS) and Futu Holdings Limited (FUTU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	INDIGO.NS	FUTU	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	-0.05	-0.38
Sortino ratio: Return per unit of downside risk	-0.43	0.37	-0.80
Omega ratio: Gain probability vs. loss probability	0.95	1.05	-0.11
Calmar ratio: Return relative to maximum drawdown	-0.39	-0.07	-0.33
Martin ratio: Return relative to average drawdown	-0.77	-0.19	-0.58

INDIGO.NS vs. FUTU - Sharpe Ratio Comparison

The current INDIGO.NS Sharpe Ratio is -0.43, which is lower than the FUTU Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of INDIGO.NS and FUTU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

INDIGO.NS vs. FUTU - Drawdown Comparison

The maximum INDIGO.NS drawdown since its inception was -54.65%, smaller than the maximum FUTU drawdown of -86.58%. Use the drawdown chart below to compare losses from any high point for INDIGO.NS and FUTU.

Drawdown Indicators

	INDIGO.NS	FUTU	Difference
Max Drawdown Largest peak-to-trough decline	-54.65%	-86.58%	+31.93%
Max Drawdown (1Y) Largest decline over 1 year	-35.94%	-50.59%	+14.65%
Max Drawdown (3Y) Largest decline over 3 years	-35.94%	-50.59%	+14.65%
Max Drawdown (5Y) Largest decline over 5 years	-35.94%	-85.97%	+50.03%
Max Drawdown (10Y) Largest decline over 10 years	-54.65%	—	—
Current Drawdown Current decline from peak	-23.49%	-46.63%	+23.14%
Average Drawdown Average peak-to-trough decline	-16.95%	-44.61%	+27.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.29%	18.49%	-0.20%

Volatility

INDIGO.NS vs. FUTU - Volatility Comparison

The current volatility for InterGlobe Aviation Limited (INDIGO.NS) is 8.94%, while Futu Holdings Limited (FUTU) has a volatility of 39.53%. This indicates that INDIGO.NS experiences smaller price fluctuations and is considered to be less risky than FUTU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INDIGO.NS	FUTU	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.94%	39.53%	-30.59%
Volatility (6M) Calculated over the trailing 6-month period	28.31%	50.92%	-22.61%
Volatility (1Y) Calculated over the trailing 1-year period	32.70%	62.87%	-30.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.93%	72.26%	-40.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.53%	74.42%	-38.89%

Dividends

INDIGO.NS vs. FUTU - Dividend Comparison

INDIGO.NS's dividend yield for the trailing twelve months is around 0.21%, less than FUTU's 2.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FUTU Futu Holdings Limited	2.67%	0.00%	2.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
INDIGO.NS InterGlobe Aviation Limited	0.21%	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.37%	0.51%	2.82%	1.83%

Financials

Frequently Asked Questions

Can I hold both INDIGO.NS and FUTU in my portfolio?

INDIGO.NS and FUTU have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.