INDZ vs. DVYA
INDZ (VanEck India Select ETF) and DVYA (iShares Asia/Pacific Dividend ETF) are both Asia Pacific Equities funds. INDZ is actively managed, while DVYA is passively managed. A 0.59 correlation means they provide meaningful diversification when combined. INDZ charges 0.75%/yr vs 0.49%/yr for DVYA.
Performance
INDZ vs. DVYA - Performance Comparison
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Returns By Period
INDZ
- 1D
- -0.34%
- 1M
- 2.06%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DVYA
- 1D
- 0.51%
- 1M
- -3.86%
- YTD
- 9.79%
- 6M
- 8.86%
- 1Y
- 29.57%
- 3Y*
- 19.61%
- 5Y*
- 9.77%
- 10Y*
- 6.78%
INDZ vs. DVYA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
INDZ VanEck India Select ETF | 2.40% |
DVYA iShares Asia/Pacific Dividend ETF | -3.62% |
Correlation
The correlation between INDZ and DVYA is 0.59, 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 | 0.59 |
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Return for Risk
INDZ vs. DVYA — Risk / Return Rank
INDZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DVYA
INDZ vs. DVYA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck India Select ETF (INDZ) and iShares Asia/Pacific Dividend ETF (DVYA). 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 | DVYA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.44 | — |
| Martin ratioReturn relative to average drawdown | — | 10.82 | — |
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Drawdowns
INDZ vs. DVYA - Drawdown Comparison
The maximum INDZ drawdown since its inception was -15.19%, smaller than the maximum DVYA drawdown of -45.61%. Use the drawdown chart below to compare losses from any high point for INDZ and DVYA.
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Drawdown Indicators
| INDZ | DVYA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.19% | -45.61% | +30.42% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.64% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.61% | — |
Current DrawdownCurrent decline from peak | -1.50% | -6.16% | +4.66% |
Average DrawdownAverage peak-to-trough decline | -4.59% | -10.04% | +5.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.74% | — |
Volatility
INDZ vs. DVYA - Volatility Comparison
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Volatility by Period
| INDZ | DVYA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.05% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.15% | 13.27% | +10.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.15% | 15.16% | +8.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.15% | 17.43% | +6.72% |
INDZ vs. DVYA - Expense Ratio Comparison
INDZ has a 0.75% expense ratio, which is higher than DVYA's 0.49% expense ratio.
Dividends
INDZ vs. DVYA - Dividend Comparison
INDZ has not paid dividends to shareholders, while DVYA's dividend yield for the trailing twelve months is around 4.72%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVYA iShares Asia/Pacific Dividend ETF | 4.72% | 4.71% | 5.97% | 6.48% | 7.29% | 5.81% | 3.66% | 5.52% | 6.24% | 4.74% | 4.79% | 5.33% |
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 DVYA have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DVYA is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DVYA is cheaper with a 0.49% expense ratio, compared with 0.75% for INDZ.
DVYA has the higher dividend yield at 4.72%, compared with 0.00% for INDZ.
They also come from different issuers: VanEck and iShares. Their fees differ too: 0.75% for INDZ and 0.49% for DVYA.
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