INDZ vs. CNYA
INDZ (VanEck India Select ETF) and CNYA (iShares MSCI China A ETF) are both exchange-traded funds - INDZ is a Asia Pacific Equities fund actively managed by VanEck, while CNYA is a China Equities fund tracking the MSCI China A Inclusion Index. INDZ is actively managed, while CNYA is passively managed. At a 0.44 correlation, their price movements are largely independent. INDZ charges 0.75%/yr vs 0.60%/yr for CNYA.
Performance
INDZ vs. CNYA - Performance Comparison
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Returns By Period
INDZ
- 1D
- -0.45%
- 1M
- -1.11%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
CNYA
- 1D
- 0.52%
- 1M
- -7.76%
- 6M
- -1.64%
- YTD
- 1.02%
- 1Y
- 19.43%
- 3Y*
- 9.00%
- 5Y*
- -2.34%
- 10Y*
- 5.13%
- ALL TIME*
- 5.56%
INDZ vs. CNYA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
INDZ VanEck India Select ETF | 1.00% |
CNYA iShares MSCI China A ETF | -2.42% |
Correlation
The correlation between INDZ and CNYA is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026 | 0.44 |
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Return for Risk
INDZ vs. CNYA — Risk / Return Rank
INDZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CNYA
INDZ vs. CNYA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck India Select ETF (INDZ) and iShares MSCI China A ETF (CNYA). 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 | CNYA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.18 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.88 | — |
| Martin ratioReturn relative to average drawdown | — | 6.20 | — |
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Drawdowns
INDZ vs. CNYA - Drawdown Comparison
The maximum INDZ drawdown since its inception was -15.19%, smaller than the maximum CNYA drawdown of -49.49%. Use the drawdown chart below to compare losses from any high point for INDZ and CNYA.
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Drawdown Indicators
| INDZ | CNYA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.19% | -49.49% | +34.30% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.37% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.49% | — |
Current DrawdownCurrent decline from peak | -2.85% | -19.98% | +17.13% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -20.61% | +16.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.14% | — |
Volatility
INDZ vs. CNYA - Volatility Comparison
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Volatility by Period
| INDZ | CNYA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.53% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.98% | 19.94% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.98% | 24.09% | -1.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.98% | 23.63% | -0.65% |
INDZ vs. CNYA - Expense Ratio Comparison
INDZ has a 0.75% expense ratio, which is higher than CNYA's 0.60% expense ratio.
Dividends
INDZ vs. CNYA - Dividend Comparison
INDZ has not paid dividends to shareholders, while CNYA's dividend yield for the trailing twelve months is around 1.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CNYA iShares MSCI China A ETF | 1.86% | 1.92% | 2.51% | 4.23% | 2.69% | 1.11% | 1.06% | 1.21% | 3.92% | 0.97% | 1.38% |
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% |
Frequently Asked Questions
INDZ and CNYA have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNYA is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNYA is cheaper with a 0.60% expense ratio, compared with 0.75% for INDZ.
CNYA has the higher dividend yield at 1.86%, compared with 0.00% for INDZ.
INDZ is categorized as Asia Pacific Equities, while CNYA is China Equities. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.75% for INDZ and 0.60% for CNYA.
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