JII.L vs. INDA
Compare and contrast key facts about JPMorgan Indian Inv Trust (JII.L) and iShares MSCI India ETF (INDA).
INDA is a passively managed fund by iShares that tracks the performance of the MSCI India Index. It was launched on Feb 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JII.L or INDA.
Key characteristics
JII.L | INDA | |
---|---|---|
YTD Return | 7.89% | 18.13% |
1Y Return | 15.53% | 28.13% |
3Y Return (Ann) | 6.79% | 7.65% |
5Y Return (Ann) | 7.17% | 13.27% |
10Y Return (Ann) | 8.30% | 7.68% |
Sharpe Ratio | 1.24 | 2.00 |
Daily Std Dev | 12.71% | 13.81% |
Max Drawdown | -71.39% | -45.06% |
Current Drawdown | -2.88% | -0.81% |
Correlation
The correlation between JII.L and INDA is 0.63, 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
JII.L vs. INDA - Performance Comparison
In the year-to-date period, JII.L achieves a 7.89% return, which is significantly lower than INDA's 18.13% return. Over the past 10 years, JII.L has outperformed INDA with an annualized return of 8.30%, while INDA has yielded a comparatively lower 7.68% 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
JII.L vs. INDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Indian Inv Trust (JII.L) and iShares MSCI India ETF (INDA). 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
JII.L vs. INDA - Dividend Comparison
Neither JII.L nor INDA has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
JPMorgan Indian Inv Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
iShares MSCI India ETF | 0.00% | 0.16% | 0.00% | 6.44% | 0.27% | 0.99% | 0.94% | 1.09% | 0.90% | 1.19% | 0.63% | 0.40% |
Drawdowns
JII.L vs. INDA - Drawdown Comparison
The maximum JII.L drawdown since its inception was -71.39%, which is greater than INDA's maximum drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for JII.L and INDA. For additional features, visit the drawdowns tool.
Volatility
JII.L vs. INDA - Volatility Comparison
JPMorgan Indian Inv Trust (JII.L) has a higher volatility of 4.63% compared to iShares MSCI India ETF (INDA) at 2.60%. This indicates that JII.L's price experiences larger fluctuations and is considered to be riskier than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.