JGGI.L vs. PIN
Compare and contrast key facts about JP Morgan Global Growth & Income plc (JGGI.L) and Invesco India ETF (PIN).
PIN is a passively managed fund by Invesco that tracks the performance of the FTSE India Quality and Yield Select Net Tax (US RIC) Index. It was launched on Mar 5, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JGGI.L or PIN.
Key characteristics
| JGGI.L | PIN | |
|---|---|---|
| YTD Return | 19.91% | 11.80% |
| 1Y Return | 25.79% | 25.89% |
| 3Y Return (Ann) | 12.30% | 6.72% |
| 5Y Return (Ann) | 15.02% | 13.17% |
| 10Y Return (Ann) | 13.22% | 7.93% |
| Sharpe Ratio | 1.90 | 1.66 |
| Sortino Ratio | 2.67 | 2.15 |
| Omega Ratio | 1.34 | 1.31 |
| Calmar Ratio | 3.01 | 3.04 |
| Martin Ratio | 10.74 | 10.18 |
| Ulcer Index | 2.37% | 2.45% |
| Daily Std Dev | 13.34% | 15.04% |
| Max Drawdown | -54.88% | -64.54% |
| Current Drawdown | 0.00% | -8.00% |
Correlation
The correlation between JGGI.L and PIN is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JGGI.L vs. PIN - Performance Comparison
In the year-to-date period, JGGI.L achieves a 19.91% return, which is significantly higher than PIN's 11.80% return. Over the past 10 years, JGGI.L has outperformed PIN with an annualized return of 13.22%, while PIN has yielded a comparatively lower 7.93% annualized 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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Risk-Adjusted Performance
JGGI.L vs. PIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JP Morgan Global Growth & Income plc (JGGI.L) and Invesco India ETF (PIN). 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
JGGI.L vs. PIN - Dividend Comparison
JGGI.L's dividend yield for the trailing twelve months is around 3.33%, more than PIN's 1.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGGI.L JP Morgan Global Growth & Income plc | 3.33% | 3.52% | 3.99% | 3.23% | 2.55% | 0.04% | 0.04% | 0.03% | 0.02% | 0.02% | 0.01% | 1.60% |
PIN Invesco India ETF | 1.49% | 2.08% | 14.07% | 6.95% | 0.72% | 27.85% | 0.96% | 1.01% | 1.18% | 0.60% | 0.99% | 0.48% |
Drawdowns
JGGI.L vs. PIN - Drawdown Comparison
The maximum JGGI.L drawdown since its inception was -54.88%, smaller than the maximum PIN drawdown of -64.54%. Use the drawdown chart below to compare losses from any high point for JGGI.L and PIN. For additional features, visit the drawdowns tool.
Volatility
JGGI.L vs. PIN - Volatility Comparison
JP Morgan Global Growth & Income plc (JGGI.L) has a higher volatility of 4.16% compared to Invesco India ETF (PIN) at 3.46%. This indicates that JGGI.L's price experiences larger fluctuations and is considered to be riskier than PIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.