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INDY vs. PLUG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between INDY and PLUG is 0.22, 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.


-0.50.00.51.00.2

Performance

INDY vs. PLUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares India 50 ETF (INDY) and Plug Power Inc. (PLUG). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
144.63%
-72.99%
INDY
PLUG

Key characteristics

Sharpe Ratio

INDY:

0.43

PLUG:

-0.50

Sortino Ratio

INDY:

0.66

PLUG:

-0.34

Omega Ratio

INDY:

1.09

PLUG:

0.96

Calmar Ratio

INDY:

0.57

PLUG:

-0.50

Martin Ratio

INDY:

1.63

PLUG:

-1.12

Ulcer Index

INDY:

3.60%

PLUG:

44.38%

Daily Std Dev

INDY:

13.77%

PLUG:

98.91%

Max Drawdown

INDY:

-44.74%

PLUG:

-99.99%

Current Drawdown

INDY:

-9.87%

PLUG:

-99.85%

Returns By Period

In the year-to-date period, INDY achieves a 4.85% return, which is significantly higher than PLUG's -50.67% return. Over the past 10 years, INDY has outperformed PLUG with an annualized return of 7.10%, while PLUG has yielded a comparatively lower -3.13% annualized return.


INDY

YTD

4.85%

1M

0.00%

6M

-2.70%

1Y

5.36%

5Y*

8.13%

10Y*

7.10%

PLUG

YTD

-50.67%

1M

11.56%

6M

-15.91%

1Y

-49.66%

5Y*

-5.48%

10Y*

-3.13%

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Risk-Adjusted Performance

INDY vs. PLUG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares India 50 ETF (INDY) and Plug Power Inc. (PLUG). 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.


Sharpe ratio
The chart of Sharpe ratio for INDY, currently valued at 0.42, compared to the broader market0.002.004.000.43-0.50
The chart of Sortino ratio for INDY, currently valued at 0.66, compared to the broader market-2.000.002.004.006.008.0010.000.66-0.34
The chart of Omega ratio for INDY, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.090.96
The chart of Calmar ratio for INDY, currently valued at 0.57, compared to the broader market0.005.0010.0015.000.57-0.51
The chart of Martin ratio for INDY, currently valued at 1.63, compared to the broader market0.0020.0040.0060.0080.00100.001.63-1.12
INDY
PLUG

The current INDY Sharpe Ratio is 0.43, which is higher than the PLUG Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of INDY and PLUG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.43
-0.50
INDY
PLUG

Dividends

INDY vs. PLUG - Dividend Comparison

INDY's dividend yield for the trailing twelve months is around 0.46%, while PLUG has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
INDY
iShares India 50 ETF
0.46%0.39%3.75%7.12%0.08%0.58%0.59%0.27%0.48%0.57%0.52%0.77%
PLUG
Plug Power 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%

Drawdowns

INDY vs. PLUG - Drawdown Comparison

The maximum INDY drawdown since its inception was -44.74%, smaller than the maximum PLUG drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for INDY and PLUG. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.87%
-96.97%
INDY
PLUG

Volatility

INDY vs. PLUG - Volatility Comparison

The current volatility for iShares India 50 ETF (INDY) is 4.13%, while Plug Power Inc. (PLUG) has a volatility of 31.93%. This indicates that INDY experiences smaller price fluctuations and is considered to be less risky than PLUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
4.13%
31.93%
INDY
PLUG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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