MIGO vs. INDF

Last updated Jun 4, 2026

MIGO (MIG Core ETF) and INDF (Nifty India Financials ETF) are both exchange-traded funds - MIGO is a Large Cap Blend Equities fund actively managed by Exchange Traded Concepts, while INDF is a Financials Equities fund tracking the Nifty Financial Services 25/50 Index. MIGO is actively managed, while INDF is passively managed. MIGO charges 0.45%/yr vs 0.75%/yr for INDF.

Performance

MIGO vs. INDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MIG Core ETF (MIGO) and Nifty India Financials ETF (INDF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MIGO

• 1D: -0.60%
• 1M: 11.47%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

INDF

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MIGO vs. INDF - Yearly Performance Comparison

	2026 (YTD)
MIGO MIG Core ETF	22.08%
INDF Nifty India Financials ETF	0.00%

Return for Risk

MIGO vs. INDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MIG Core ETF (MIGO) and Nifty India Financials ETF (INDF). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MIGO	INDF	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.48	—	—

Drawdowns

Drawdown Indicators

	MIGO	INDF	Difference
Max Drawdown Largest peak-to-trough decline	-13.39%	—	—
Current Drawdown Current decline from peak	-0.60%	—	—
Average Drawdown Average peak-to-trough decline	-2.81%	—	—

Volatility

Volatility by Period

	MIGO	INDF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.64%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.64%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.64%	—	—

MIGO vs. INDF - Expense Ratio Comparison

MIGO has a 0.45% expense ratio, which is lower than INDF's 0.75% expense ratio.

Dividends

MIGO vs. INDF - Dividend Comparison

MIGO has not paid dividends to shareholders, while INDF's dividend yield for the trailing twelve months is around 21.29%.

Position	TTM	2025	2024	2023	2022	2021
INDF Nifty India Financials ETF	21.29%	21.29%	6.15%	8.84%	3.12%	1.58%
MIGO MIG Core ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, MIGO or INDF?

On fees, MIGO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MIGO or INDF?

MIGO is cheaper with a 0.45% expense ratio, compared with 0.75% for INDF.

Which ETF pays a higher dividend yield, MIGO or INDF?

INDF has the higher dividend yield at 21.29%, compared with 0.00% for MIGO.

What is the main difference between MIGO and INDF?

MIGO is categorized as Large Cap Blend Equities, while INDF is Financials Equities. Their fees differ too: 0.45% for MIGO and 0.75% for INDF.