Correlation
The correlation between INDL and FLIN is 0.49, 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.
INDL vs. FLIN
Compare and contrast key facts about Direxion Daily India Bull 3x Shares (INDL) and Franklin FTSE India ETF (FLIN).
INDL and FLIN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INDL is a passively managed fund by Direxion that tracks the performance of the Indus India Index (300%). It was launched on Mar 11, 2010. FLIN is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE India RIC Capped Index. It was launched on Feb 6, 2018. Both INDL and FLIN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INDL or FLIN.
Performance
INDL vs. FLIN - Performance Comparison
Loading data...
Key characteristics
INDL:
-0.11
FLIN:
0.22
INDL:
-0.04
FLIN:
0.30
INDL:
0.99
FLIN:
1.04
INDL:
-0.08
FLIN:
0.12
INDL:
-0.33
FLIN:
0.25
INDL:
18.91%
FLIN:
9.18%
INDL:
32.97%
FLIN:
16.99%
INDL:
-95.67%
FLIN:
-41.90%
INDL:
-69.97%
FLIN:
-7.22%
Returns By Period
The year-to-date returns for both stocks are quite close, with INDL having a 3.24% return and FLIN slightly lower at 3.19%.
INDL
3.24%
3.11%
-4.27%
-3.48%
10.92%
29.70%
-1.97%
FLIN
3.19%
2.25%
0.20%
3.63%
11.82%
18.01%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
INDL vs. FLIN - Expense Ratio Comparison
INDL has a 1.33% expense ratio, which is higher than FLIN's 0.19% expense ratio.
Risk-Adjusted Performance
INDL vs. FLIN — Risk-Adjusted Performance Rank
INDL
FLIN
INDL vs. FLIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily India Bull 3x Shares (INDL) and Franklin FTSE India ETF (FLIN). 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.
Loading data...
Dividends
INDL vs. FLIN - Dividend Comparison
INDL's dividend yield for the trailing twelve months is around 2.69%, more than FLIN's 1.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
INDL Direxion Daily India Bull 3x Shares | 2.69% | 2.79% | 1.64% | 0.09% | 2.35% | 0.00% | 0.68% | 0.18% | 0.31% |
FLIN Franklin FTSE India ETF | 1.53% | 1.58% | 0.73% | 0.73% | 2.26% | 0.69% | 0.90% | 0.92% | 0.00% |
Drawdowns
INDL vs. FLIN - Drawdown Comparison
The maximum INDL drawdown since its inception was -95.67%, which is greater than FLIN's maximum drawdown of -41.90%. Use the drawdown chart below to compare losses from any high point for INDL and FLIN.
Loading data...
Volatility
INDL vs. FLIN - Volatility Comparison
Direxion Daily India Bull 3x Shares (INDL) has a higher volatility of 12.34% compared to Franklin FTSE India ETF (FLIN) at 6.31%. This indicates that INDL's price experiences larger fluctuations and is considered to be riskier than FLIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...