INQQ vs. INDY
Compare and contrast key facts about India Internet & Ecommerce ETF (INQQ) and iShares India 50 ETF (INDY).
INQQ and INDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INQQ is a passively managed fund by India that tracks the performance of the INQQ The India Internet & Ecommerce Index - Benchmark TR Gross. It was launched on Apr 5, 2022. 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. Both INQQ and INDY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INQQ or INDY.
Key characteristics
| INQQ | INDY | |
|---|---|---|
| YTD Return | 15.67% | 5.95% |
| 1Y Return | 26.74% | 16.52% |
| Sharpe Ratio | 1.54 | 1.22 |
| Sortino Ratio | 2.07 | 1.66 |
| Omega Ratio | 1.28 | 1.24 |
| Calmar Ratio | 1.21 | 1.84 |
| Martin Ratio | 8.76 | 6.41 |
| Ulcer Index | 3.05% | 2.56% |
| Daily Std Dev | 17.39% | 13.39% |
| Max Drawdown | -40.82% | -44.74% |
| Current Drawdown | -6.99% | -8.93% |
Correlation
The correlation between INQQ and INDY is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
INQQ vs. INDY - Performance Comparison
In the year-to-date period, INQQ achieves a 15.67% return, which is significantly higher than INDY's 5.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
INQQ vs. INDY - Expense Ratio Comparison
INQQ has a 0.86% expense ratio, which is lower than INDY's 0.94% expense ratio.
Risk-Adjusted Performance
INQQ vs. INDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for India Internet & Ecommerce ETF (INQQ) and iShares India 50 ETF (INDY). 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
INQQ vs. INDY - Dividend Comparison
INQQ's dividend yield for the trailing twelve months is around 0.04%, less than INDY's 0.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INQQ India Internet & Ecommerce ETF | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INDY iShares India 50 ETF | 0.30% | 0.39% | 3.75% | 7.12% | 0.08% | 0.58% | 0.59% | 0.27% | 0.48% | 0.57% | 0.52% | 0.77% |
Drawdowns
INQQ vs. INDY - Drawdown Comparison
The maximum INQQ drawdown since its inception was -40.82%, smaller than the maximum INDY drawdown of -44.74%. Use the drawdown chart below to compare losses from any high point for INQQ and INDY. For additional features, visit the drawdowns tool.
Volatility
INQQ vs. INDY - Volatility Comparison
India Internet & Ecommerce ETF (INQQ) has a higher volatility of 4.74% compared to iShares India 50 ETF (INDY) at 3.00%. This indicates that INQQ's price experiences larger fluctuations and is considered to be riskier than INDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.