INDY vs. PLUG
Compare and contrast key facts about iShares India 50 ETF (INDY) and Plug Power Inc. (PLUG).
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: INDY or PLUG.
Key characteristics
| INDY | PLUG | |
|---|---|---|
| YTD Return | 3.25% | -46.67% |
| 1Y Return | 19.54% | -73.42% |
| 3Y Return (Ann) | 9.29% | -56.32% |
| 5Y Return (Ann) | 8.46% | -0.89% |
| 10Y Return (Ann) | 8.58% | -6.11% |
| Sharpe Ratio | 1.91 | -0.73 |
| Daily Std Dev | 10.58% | 100.03% |
| Max Drawdown | -44.74% | -99.99% |
| Current Drawdown | -0.97% | -99.84% |
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.
Performance
INDY vs. PLUG - Performance Comparison
In the year-to-date period, INDY achieves a 3.25% return, which is significantly higher than PLUG's -46.67% return. Over the past 10 years, INDY has outperformed PLUG with an annualized return of 8.58%, while PLUG has yielded a comparatively lower -6.11% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
Dividends
INDY vs. PLUG - Dividend Comparison
INDY's dividend yield for the trailing twelve months is around 0.37%, while PLUG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDY iShares India 50 ETF | 0.37% | 0.38% | 3.75% | 7.12% | 0.08% | 0.58% | 0.59% | 0.27% | 0.48% | 0.57% | 0.52% | 0.76% |
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.
Volatility
INDY vs. PLUG - Volatility Comparison
The current volatility for iShares India 50 ETF (INDY) is 2.75%, while Plug Power Inc. (PLUG) has a volatility of 16.08%. 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.