INDY vs. INDF
Compare and contrast key facts about iShares India 50 ETF (INDY) and Nifty India Financials ETF (INDF).
INDY and INDF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both INDY and INDF 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: INDY or INDF.
Performance
INDY vs. INDF - Performance Comparison
Returns By Period
In the year-to-date period, INDY achieves a 4.41% return, which is significantly lower than INDF's 6.98% return.
INDY
4.41%
-6.05%
1.34%
13.43%
8.96%
6.48%
INDF
6.98%
-5.57%
3.22%
15.12%
N/A
N/A
Key characteristics
| INDY | INDF | |
|---|---|---|
| Sharpe Ratio | 1.00 | 0.80 |
| Sortino Ratio | 1.38 | 1.13 |
| Omega Ratio | 1.19 | 1.16 |
| Calmar Ratio | 1.31 | 1.46 |
| Martin Ratio | 4.84 | 4.61 |
| Ulcer Index | 2.77% | 3.23% |
| Daily Std Dev | 13.38% | 18.53% |
| Max Drawdown | -44.74% | -25.58% |
| Current Drawdown | -10.25% | -10.18% |
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INDY vs. INDF - Expense Ratio Comparison
INDY has a 0.94% expense ratio, which is higher than INDF's 0.75% expense ratio.
Correlation
The correlation between INDY and INDF is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
INDY vs. INDF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares India 50 ETF (INDY) and Nifty India Financials ETF (INDF). 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
INDY vs. INDF - Dividend Comparison
INDY's dividend yield for the trailing twelve months is around 0.31%, less than INDF's 8.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
INDF Nifty India Financials ETF | 8.26% | 8.84% | 3.12% | 1.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
INDY vs. INDF - Drawdown Comparison
The maximum INDY drawdown since its inception was -44.74%, which is greater than INDF's maximum drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for INDY and INDF. For additional features, visit the drawdowns tool.
Volatility
INDY vs. INDF - Volatility Comparison
The current volatility for iShares India 50 ETF (INDY) is 2.99%, while Nifty India Financials ETF (INDF) has a volatility of 5.31%. This indicates that INDY experiences smaller price fluctuations and is considered to be less risky than INDF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.