NDIA vs. DGIN
Compare and contrast key facts about Global X Funds - Global X India Active ETF (NDIA) and VanEck Digital India ETF (DGIN).
NDIA and DGIN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NDIA is an actively managed fund by Global X. It was launched on Aug 17, 2023. DGIN is a passively managed fund by VanEck that tracks the performance of the MVIS Digital India. It was launched on Feb 15, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDIA or DGIN.
Key characteristics
| NDIA | DGIN | |
|---|---|---|
| YTD Return | 6.85% | 18.71% |
| 1Y Return | 14.88% | 28.14% |
| Sharpe Ratio | 1.19 | 1.79 |
| Sortino Ratio | 1.59 | 2.45 |
| Omega Ratio | 1.23 | 1.32 |
| Calmar Ratio | 1.54 | 2.81 |
| Martin Ratio | 5.66 | 10.08 |
| Ulcer Index | 2.93% | 2.99% |
| Daily Std Dev | 14.00% | 16.88% |
| Max Drawdown | -10.80% | -28.61% |
| Current Drawdown | -10.80% | -7.03% |
Correlation
The correlation between NDIA and DGIN is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NDIA vs. DGIN - Performance Comparison
In the year-to-date period, NDIA achieves a 6.85% return, which is significantly lower than DGIN's 18.71% 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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NDIA vs. DGIN - Expense Ratio Comparison
Both NDIA and DGIN have an expense ratio of 0.76%.
Risk-Adjusted Performance
NDIA vs. DGIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Funds - Global X India Active ETF (NDIA) and VanEck Digital India ETF (DGIN). 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
NDIA vs. DGIN - Dividend Comparison
NDIA's dividend yield for the trailing twelve months is around 0.26%, more than DGIN's 0.20% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
NDIA Global X Funds - Global X India Active ETF | 0.26% | 0.28% | 0.00% |
DGIN VanEck Digital India ETF | 0.20% | 0.24% | 0.97% |
Drawdowns
NDIA vs. DGIN - Drawdown Comparison
The maximum NDIA drawdown since its inception was -10.80%, smaller than the maximum DGIN drawdown of -28.61%. Use the drawdown chart below to compare losses from any high point for NDIA and DGIN. For additional features, visit the drawdowns tool.
Volatility
NDIA vs. DGIN - Volatility Comparison
The current volatility for Global X Funds - Global X India Active ETF (NDIA) is 3.64%, while VanEck Digital India ETF (DGIN) has a volatility of 5.00%. This indicates that NDIA experiences smaller price fluctuations and is considered to be less risky than DGIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.