INDZ vs. ASEA
INDZ (VanEck India Select ETF) and ASEA (Global X FTSE Southeast Asia ETF) are both Asia Pacific Equities funds. INDZ is actively managed, while ASEA is passively managed. A 0.56 correlation means they provide meaningful diversification when combined. INDZ charges 0.75%/yr vs 0.65%/yr for ASEA.
Performance
INDZ vs. ASEA - Performance Comparison
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Returns By Period
INDZ
- 1D
- -0.45%
- 1M
- -1.11%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ASEA
- 1D
- 0.10%
- 1M
- 4.46%
- 6M
- 12.38%
- YTD
- 16.50%
- 1Y
- 29.82%
- 3Y*
- 15.88%
- 5Y*
- 12.91%
- 10Y*
- 7.60%
- ALL TIME*
- 5.31%
INDZ vs. ASEA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
INDZ VanEck India Select ETF | 1.00% |
ASEA Global X FTSE Southeast Asia ETF | 5.76% |
Correlation
The correlation between INDZ and ASEA is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026 | 0.56 |
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Return for Risk
INDZ vs. ASEA — Risk / Return Rank
INDZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ASEA
INDZ vs. ASEA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck India Select ETF (INDZ) and Global X FTSE Southeast Asia ETF (ASEA). 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.
| INDZ | ASEA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.36 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.62 | — |
| Martin ratioReturn relative to average drawdown | — | 9.57 | — |
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Drawdowns
INDZ vs. ASEA - Drawdown Comparison
The maximum INDZ drawdown since its inception was -15.19%, smaller than the maximum ASEA drawdown of -44.16%. Use the drawdown chart below to compare losses from any high point for INDZ and ASEA.
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Drawdown Indicators
| INDZ | ASEA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.19% | -44.16% | +28.97% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.28% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.20% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.20% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.16% | — |
Current DrawdownCurrent decline from peak | -2.85% | -0.90% | -1.95% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -10.59% | +6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.12% | — |
Volatility
INDZ vs. ASEA - Volatility Comparison
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Volatility by Period
| INDZ | ASEA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.64% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.98% | 14.54% | +8.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.98% | 14.72% | +8.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.98% | 17.49% | +5.49% |
INDZ vs. ASEA - Expense Ratio Comparison
INDZ has a 0.75% expense ratio, which is higher than ASEA's 0.65% expense ratio.
Dividends
INDZ vs. ASEA - Dividend Comparison
INDZ has not paid dividends to shareholders, while ASEA's dividend yield for the trailing twelve months is around 3.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASEA Global X FTSE Southeast Asia ETF | 3.71% | 3.95% | 3.61% | 3.76% | 2.23% | 4.19% | 2.27% | 2.51% | 3.08% | 1.59% | 2.78% | 3.64% |
INDZ VanEck India Select ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
INDZ and ASEA have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASEA is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASEA is cheaper with a 0.65% expense ratio, compared with 0.75% for INDZ.
ASEA has the higher dividend yield at 3.71%, compared with 0.00% for INDZ.
They also come from different issuers: VanEck and Global X. Their fees differ too: 0.75% for INDZ and 0.65% for ASEA.
Find the right allocation for INDZ and ASEA
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