INQQ vs. SCHG
Compare and contrast key facts about India Internet & Ecommerce ETF (INQQ) and Schwab U.S. Large-Cap Growth ETF (SCHG).
INQQ and SCHG 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. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both INQQ and SCHG 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 SCHG.
Key characteristics
| INQQ | SCHG | |
|---|---|---|
| YTD Return | 16.13% | 34.22% |
| 1Y Return | 28.34% | 47.39% |
| Sharpe Ratio | 1.54 | 2.71 |
| Sortino Ratio | 2.08 | 3.48 |
| Omega Ratio | 1.28 | 1.49 |
| Calmar Ratio | 1.18 | 3.74 |
| Martin Ratio | 8.96 | 14.90 |
| Ulcer Index | 3.00% | 3.10% |
| Daily Std Dev | 17.40% | 17.06% |
| Max Drawdown | -40.82% | -34.59% |
| Current Drawdown | -6.62% | 0.00% |
Correlation
The correlation between INQQ and SCHG is 0.41, 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. SCHG - Performance Comparison
In the year-to-date period, INQQ achieves a 16.13% return, which is significantly lower than SCHG's 34.22% 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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INQQ vs. SCHG - Expense Ratio Comparison
INQQ has a 0.86% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
INQQ vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for India Internet & Ecommerce ETF (INQQ) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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. SCHG - Dividend Comparison
INQQ's dividend yield for the trailing twelve months is around 0.04%, less than SCHG's 0.40% 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% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
INQQ vs. SCHG - Drawdown Comparison
The maximum INQQ drawdown since its inception was -40.82%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for INQQ and SCHG. For additional features, visit the drawdowns tool.
Volatility
INQQ vs. SCHG - Volatility Comparison
The current volatility for India Internet & Ecommerce ETF (INQQ) is 4.69%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.35%. This indicates that INQQ experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.