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LPEFX vs. INDAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

LPEFX vs. INDAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS/Red Rocks Global Opportunity Fund (LPEFX) and ALPS/Kotak India ESG Fund (INDAX). The values are adjusted to include any dividend payments, if applicable.

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LPEFX vs. INDAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
LPEFX
ALPS/Red Rocks Global Opportunity Fund
-17.57%1.25%17.78%28.31%-28.82%23.70%9.35%49.57%-12.60%27.02%
INDAX
ALPS/Kotak India ESG Fund
-17.72%2.03%10.94%16.77%-12.62%26.37%14.68%8.41%-12.51%39.77%

Returns By Period

The year-to-date returns for both stocks are quite close, with LPEFX having a -17.57% return and INDAX slightly lower at -17.72%. Over the past 10 years, LPEFX has outperformed INDAX with an annualized return of 8.14%, while INDAX has yielded a comparatively lower 6.97% annualized return.


LPEFX

1D
0.64%
1M
-8.58%
YTD
-17.57%
6M
-18.30%
1Y
-13.21%
3Y*
6.58%
5Y*
1.43%
10Y*
8.14%

INDAX

1D
-1.80%
1M
-13.54%
YTD
-17.72%
6M
-15.44%
1Y
-12.38%
3Y*
3.65%
5Y*
2.06%
10Y*
6.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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LPEFX vs. INDAX - Expense Ratio Comparison

LPEFX has a 1.46% expense ratio, which is higher than INDAX's 1.33% expense ratio.


Return for Risk

LPEFX vs. INDAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LPEFX
LPEFX Risk / Return Rank: 11
Overall Rank
LPEFX Sharpe Ratio Rank: 11
Sharpe Ratio Rank
LPEFX Sortino Ratio Rank: 11
Sortino Ratio Rank
LPEFX Omega Ratio Rank: 11
Omega Ratio Rank
LPEFX Calmar Ratio Rank: 11
Calmar Ratio Rank
LPEFX Martin Ratio Rank: 00
Martin Ratio Rank

INDAX
INDAX Risk / Return Rank: 11
Overall Rank
INDAX Sharpe Ratio Rank: 11
Sharpe Ratio Rank
INDAX Sortino Ratio Rank: 00
Sortino Ratio Rank
INDAX Omega Ratio Rank: 11
Omega Ratio Rank
INDAX Calmar Ratio Rank: 11
Calmar Ratio Rank
INDAX Martin Ratio Rank: 00
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LPEFX vs. INDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS/Red Rocks Global Opportunity Fund (LPEFX) and ALPS/Kotak India ESG Fund (INDAX). 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.


LPEFXINDAXDifference

Sharpe ratio

Return per unit of total volatility

-0.66

-0.83

+0.17

Sortino ratio

Return per unit of downside risk

-0.80

-1.10

+0.29

Omega ratio

Gain probability vs. loss probability

0.89

0.87

+0.02

Calmar ratio

Return relative to maximum drawdown

-0.68

-0.61

-0.07

Martin ratio

Return relative to average drawdown

-2.03

-2.14

+0.11

LPEFX vs. INDAX - Sharpe Ratio Comparison

The current LPEFX Sharpe Ratio is -0.66, which is comparable to the INDAX Sharpe Ratio of -0.83. The chart below compares the historical Sharpe Ratios of LPEFX and INDAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


LPEFXINDAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.66

-0.83

+0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.06

0.14

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.36

0.42

-0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.16

0.34

-0.18

Correlation

The correlation between LPEFX and INDAX is 0.46, 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.


Dividends

LPEFX vs. INDAX - Dividend Comparison

LPEFX's dividend yield for the trailing twelve months is around 18.65%, more than INDAX's 6.83% yield.


TTM20252024202320222021202020192018201720162015
LPEFX
ALPS/Red Rocks Global Opportunity Fund
18.65%15.38%15.95%5.56%0.00%26.79%3.96%21.96%4.58%13.29%1.55%8.21%
INDAX
ALPS/Kotak India ESG Fund
6.83%5.62%16.14%4.43%1.65%5.48%0.00%1.30%6.55%2.79%1.32%15.14%

Drawdowns

LPEFX vs. INDAX - Drawdown Comparison

The maximum LPEFX drawdown since its inception was -77.00%, which is greater than INDAX's maximum drawdown of -43.98%. Use the drawdown chart below to compare losses from any high point for LPEFX and INDAX.


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Drawdown Indicators


LPEFXINDAXDifference

Max Drawdown

Largest peak-to-trough decline

-77.00%

-43.98%

-33.02%

Max Drawdown (1Y)

Largest decline over 1 year

-22.00%

-20.85%

-1.15%

Max Drawdown (5Y)

Largest decline over 5 years

-49.19%

-23.49%

-25.70%

Max Drawdown (10Y)

Largest decline over 10 years

-49.19%

-43.98%

-5.21%

Current Drawdown

Current decline from peak

-27.97%

-23.49%

-4.48%

Average Drawdown

Average peak-to-trough decline

-22.78%

-10.67%

-12.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.38%

5.92%

+1.46%

Volatility

LPEFX vs. INDAX - Volatility Comparison

ALPS/Red Rocks Global Opportunity Fund (LPEFX) and ALPS/Kotak India ESG Fund (INDAX) have volatilities of 6.04% and 6.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


LPEFXINDAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.04%

6.24%

-0.20%

Volatility (6M)

Calculated over the trailing 6-month period

13.47%

10.28%

+3.19%

Volatility (1Y)

Calculated over the trailing 1-year period

20.66%

14.65%

+6.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.37%

14.97%

+9.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.76%

16.75%

+6.01%