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NFTY vs. SMIN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

NFTY vs. SMIN

Last updated May 12, 2025

Compare and contrast key facts about First Trust India NIFTY 50 Equal Weight ETF (NFTY) and iShares MSCI India Small-Cap ETF (SMIN).

NFTY and SMIN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012. SMIN is a passively managed fund by iShares that tracks the performance of the MSCI India Small Cap Index. It was launched on Feb 8, 2012. Both NFTY and SMIN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFTY or SMIN.

Correlation

The correlation between NFTY and SMIN is -0.40. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

NFTY vs. SMIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust India NIFTY 50 Equal Weight ETF (NFTY) and iShares MSCI India Small-Cap ETF (SMIN). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

NFTY:

25.62%

SMIN:

37.97%

Max Drawdown

NFTY:

-4.81%

SMIN:

-5.63%

Current Drawdown

NFTY:

-3.46%

SMIN:

-3.25%

Returns By Period

NFTY

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

SMIN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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NFTY vs. SMIN - Expense Ratio Comparison

NFTY has a 0.80% expense ratio, which is higher than SMIN's 0.76% expense ratio.

NFTY
First Trust India NIFTY 50 Equal Weight ETF
SMIN
iShares MSCI India Small-Cap ETF

Risk-Adjusted Performance

NFTY vs. SMIN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NFTY
The Risk-Adjusted Performance Rank of NFTY is 2424
Overall Rank
The Sharpe Ratio Rank of NFTY is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of NFTY is 2424
Sortino Ratio Rank
The Omega Ratio Rank of NFTY is 2323
Omega Ratio Rank
The Calmar Ratio Rank of NFTY is 2525
Calmar Ratio Rank
The Martin Ratio Rank of NFTY is 2222
Martin Ratio Rank
SMIN
The Risk-Adjusted Performance Rank of SMIN is 1818
Overall Rank
The Sharpe Ratio Rank of SMIN is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of SMIN is 1818
Sortino Ratio Rank
The Omega Ratio Rank of SMIN is 1818
Omega Ratio Rank
The Calmar Ratio Rank of SMIN is 1717
Calmar Ratio Rank
The Martin Ratio Rank of SMIN is 1818
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.

NFTY vs. SMIN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust India NIFTY 50 Equal Weight ETF (NFTY) and iShares MSCI India Small-Cap ETF (SMIN). 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.

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Dividends

NFTY vs. SMIN - Dividend Comparison

NFTY's dividend yield for the trailing twelve months is around 1.45%, less than SMIN's 7.61% yield.

TTM20242023202220212020201920182017201620152014
NFTY
First Trust India NIFTY 50 Equal Weight ETF		1.45%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SMIN
iShares MSCI India Small-Cap ETF		7.61%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

NFTY vs. SMIN - Drawdown Comparison

The maximum NFTY drawdown since its inception was -4.81%, smaller than the maximum SMIN drawdown of -5.63%. Use the drawdown chart below to compare losses from any high point for NFTY and SMIN. For additional features, visit the drawdowns tool.

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Volatility

NFTY vs. SMIN - Volatility Comparison

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