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NDIA vs. INCO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NDIA and INCO is 0.33, 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

NDIA vs. INCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Funds - Global X India Active ETF (NDIA) and Columbia India Consumer ETF (INCO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NDIA:

0.39

INCO:

0.04

Sortino Ratio

NDIA:

0.73

INCO:

0.22

Omega Ratio

NDIA:

1.10

INCO:

1.03

Calmar Ratio

NDIA:

0.37

INCO:

0.04

Martin Ratio

NDIA:

0.77

INCO:

0.08

Ulcer Index

NDIA:

9.91%

INCO:

13.59%

Daily Std Dev

NDIA:

17.66%

INCO:

17.07%

Max Drawdown

NDIA:

-20.71%

INCO:

-47.69%

Current Drawdown

NDIA:

-8.54%

INCO:

-15.39%

Returns By Period

In the year-to-date period, NDIA achieves a 3.61% return, which is significantly higher than INCO's -0.06% return.


NDIA

YTD

3.61%

1M

7.11%

6M

2.54%

1Y

6.76%

5Y*

N/A

10Y*

N/A

INCO

YTD

-0.06%

1M

6.24%

6M

-0.10%

1Y

0.74%

5Y*

19.86%

10Y*

9.05%

*Annualized

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NDIA vs. INCO - Expense Ratio Comparison

NDIA has a 0.76% expense ratio, which is higher than INCO's 0.75% expense ratio.


Risk-Adjusted Performance

NDIA vs. INCO — Risk-Adjusted Performance Rank

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

NDIA
The Risk-Adjusted Performance Rank of NDIA is 3838
Overall Rank
The Sharpe Ratio Rank of NDIA is 3838
Sharpe Ratio Rank
The Sortino Ratio Rank of NDIA is 4242
Sortino Ratio Rank
The Omega Ratio Rank of NDIA is 4141
Omega Ratio Rank
The Calmar Ratio Rank of NDIA is 4242
Calmar Ratio Rank
The Martin Ratio Rank of NDIA is 2929
Martin Ratio Rank

INCO
The Risk-Adjusted Performance Rank of INCO is 1717
Overall Rank
The Sharpe Ratio Rank of INCO is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of INCO is 1717
Sortino Ratio Rank
The Omega Ratio Rank of INCO is 1717
Omega Ratio Rank
The Calmar Ratio Rank of INCO is 1717
Calmar Ratio Rank
The Martin Ratio Rank of INCO is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NDIA vs. INCO - 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 Columbia India Consumer ETF (INCO). 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.


The current NDIA Sharpe Ratio is 0.39, which is higher than the INCO Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of NDIA and INCO, 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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Dividends

NDIA vs. INCO - Dividend Comparison

NDIA's dividend yield for the trailing twelve months is around 3.54%, more than INCO's 2.88% yield.


TTM20242023202220212020201920182017201620152014
NDIA
Global X Funds - Global X India Active ETF
3.54%3.66%0.28%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
INCO
Columbia India Consumer ETF
2.88%2.88%3.81%10.57%6.25%0.34%0.28%0.12%0.05%0.09%0.00%0.08%

Drawdowns

NDIA vs. INCO - Drawdown Comparison

The maximum NDIA drawdown since its inception was -20.71%, smaller than the maximum INCO drawdown of -47.69%. Use the drawdown chart below to compare losses from any high point for NDIA and INCO. For additional features, visit the drawdowns tool.


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Volatility

NDIA vs. INCO - Volatility Comparison

The current volatility for Global X Funds - Global X India Active ETF (NDIA) is 6.70%, while Columbia India Consumer ETF (INCO) has a volatility of 7.18%. This indicates that NDIA experiences smaller price fluctuations and is considered to be less risky than INCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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