IXSE vs. NFTY
Compare and contrast key facts about WisdomTree India ex-State-Owned Enterprises Fund (IXSE) and First Trust India NIFTY 50 Equal Weight ETF (NFTY).
IXSE and NFTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IXSE is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree India ex-State-Owned Enterprises Index. It was launched on Apr 4, 2019. NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012. Both IXSE and NFTY 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: IXSE or NFTY.
Correlation
The correlation between IXSE and NFTY 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
IXSE vs. NFTY - Performance Comparison
Key characteristics
Returns By Period
IXSE
N/A
N/A
N/A
N/A
N/A
N/A
NFTY
-2.16%
-6.71%
-10.24%
2.30%
11.78%
6.32%
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IXSE vs. NFTY - Expense Ratio Comparison
IXSE has a 0.58% expense ratio, which is lower than NFTY's 0.80% expense ratio.
Risk-Adjusted Performance
IXSE vs. NFTY — Risk-Adjusted Performance Rank
IXSE
NFTY
IXSE vs. NFTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree India ex-State-Owned Enterprises Fund (IXSE) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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
IXSE vs. NFTY - Dividend Comparison
IXSE has not paid dividends to shareholders, while NFTY's dividend yield for the trailing twelve months is around 1.64%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXSE WisdomTree India ex-State-Owned Enterprises Fund | 0.00% | 0.00% | 0.27% | 0.90% | 0.03% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.64% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.40% | 0.52% |
Drawdowns
IXSE vs. NFTY - Drawdown Comparison
Volatility
IXSE vs. NFTY - Volatility Comparison
The current volatility for WisdomTree India ex-State-Owned Enterprises Fund (IXSE) is 0.00%, while First Trust India NIFTY 50 Equal Weight ETF (NFTY) has a volatility of 4.58%. This indicates that IXSE experiences smaller price fluctuations and is considered to be less risky than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.