PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
NVDA vs. INDA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NVDA vs. INDA

Last updated Jun 13, 2026

NVDA (NVIDIA Corporation) is a stock, while INDA (iShares MSCI India ETF) is Asia Pacific Equities fund tracking the MSCI India Index. Over the past 10 years, NVDA returned 67.95%/yr vs 7.09%/yr for INDA. At a 0.32 correlation, their price movements are largely independent.

Performance

NVDA vs. INDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NVIDIA Corporation (NVDA) and iShares MSCI India ETF (INDA). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, NVDA achieves a 10.16% return, which is significantly higher than INDA's -10.58% return. Over the past 10 years, NVDA has outperformed INDA with an annualized return of 67.95%, while INDA has yielded a comparatively lower 7.09% annualized return.

NVDA

1D
0.16%
1M
-12.86%
YTD
10.16%
6M
17.38%
1Y
44.72%
3Y*
71.13%
5Y*
63.13%
10Y*
67.95%

INDA

1D
1.13%
1M
-0.06%
YTD
-10.58%
6M
-9.05%
1Y
-10.57%
3Y*
4.51%
5Y*
2.79%
10Y*
7.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NVDA vs. INDA - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NVDA
NVIDIA Corporation		10.16%38.92%171.25%239.02%-50.26%125.48%122.30%76.94%-30.82%81.99%
INDA
iShares MSCI India ETF		-10.58%2.68%8.63%17.16%-8.94%21.36%14.83%6.49%-6.67%36.08%

Correlation

The correlation between NVDA and INDA is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (5Y)
Calculated over the trailing 5-year period

0.33

Correlation (10Y)
Calculated over the trailing 10-year period

0.33

Correlation (All Time)
Calculated using the full available price history since Feb 3, 2012

0.32

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

NVIDIA Corporation

iShares MSCI India ETF

Often compared with NVDA:
NVDA vs. AMDNVDA vs. AAPLNVDA vs. AVGONVDA vs. TSMNVDA vs. SPYNVDA vs. AMZNNVDA vs. QQQ
Often compared with INDA:
INDA vs. FLININDA vs. INDYINDA vs. EPIINDA vs. SMININDA vs. VOOINDA vs. MCHIINDA vs. VNM

Return for Risk

NVDA vs. INDA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NVDA
NVDA Risk / Return Rank: 7575
Overall Rank
NVDA Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
NVDA Sortino Ratio Rank: 7373
Sortino Ratio Rank
NVDA Omega Ratio Rank: 7171
Omega Ratio Rank
NVDA Calmar Ratio Rank: 7777
Calmar Ratio Rank
NVDA Martin Ratio Rank: 7777
Martin Ratio Rank
INDA
INDA Risk / Return Rank: 33
Overall Rank
INDA Sharpe Ratio Rank: 33
Sharpe Ratio Rank
INDA Sortino Ratio Rank: 33
Sortino Ratio Rank
INDA Omega Ratio Rank: 33
Omega Ratio Rank
INDA Calmar Ratio Rank: 44
Calmar Ratio Rank
INDA Martin Ratio Rank: 22
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.

NVDA vs. INDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NVIDIA Corporation (NVDA) and iShares MSCI India ETF (INDA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

NVDAINDADifference
Sharpe ratioReturn per unit of total volatility
1.20
-0.80

+2.00

Sortino ratioReturn per unit of downside risk
1.75
-1.10

+2.85

Omega ratioGain probability vs. loss probability

1.21

0.88

+0.34

Calmar ratioReturn relative to maximum drawdown

2.07

-0.63

+2.71

Martin ratioReturn relative to average drawdown

4.94

-1.46

+6.41

NVDA vs. INDA - Sharpe Ratio Comparison

The current NVDA Sharpe Ratio is 1.20, which is higher than the INDA Sharpe Ratio of -0.80. The chart below compares the historical Sharpe Ratios of NVDA and INDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

NVDA vs. INDA - Drawdown Comparison

The maximum NVDA drawdown since its inception was -89.72%, which is greater than INDA's maximum drawdown of -45.07%. Use the drawdown chart below to compare losses from any high point for NVDA and INDA.

Loading charts...

Drawdown Indicators

NVDAINDADifference

Max Drawdown

Largest peak-to-trough decline

-89.72%

-45.07%

-44.65%

Max Drawdown (1Y)

Largest decline over 1 year

-20.21%

-18.69%

-1.52%

Max Drawdown (3Y)

Largest decline over 3 years

-36.88%

-22.72%

-14.16%

Max Drawdown (5Y)

Largest decline over 5 years

-66.34%

-22.72%

-43.62%

Max Drawdown (10Y)

Largest decline over 10 years

-66.34%

-45.07%

-21.27%

Current Drawdown

Current decline from peak

-12.86%

-17.77%

+4.91%

Average Drawdown

Average peak-to-trough decline

-36.18%

-9.59%

-26.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.46%

8.09%

+0.37%

Volatility

NVDA vs. INDA - Volatility Comparison

NVIDIA Corporation (NVDA) has a higher volatility of 13.26% compared to iShares MSCI India ETF (INDA) at 4.16%. This indicates that NVDA's price experiences larger fluctuations and is considered to be riskier than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

NVDAINDADifference

Volatility (1M)

Calculated over the trailing 1-month period

13.26%

4.16%

+9.10%

Volatility (6M)

Calculated over the trailing 6-month period

26.67%

12.77%

+13.90%

Volatility (1Y)

Calculated over the trailing 1-year period

35.00%

14.79%

+20.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

51.76%

15.40%

+36.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

49.84%

21.11%

+28.73%

Dividends

NVDA vs. INDA - Dividend Comparison

NVDA's dividend yield for the trailing twelve months is around 0.14%, while INDA has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
INDA
iShares MSCI India ETF		0.00%0.00%0.76%0.16%0.00%6.44%0.27%0.99%0.94%1.09%0.90%1.19%
NVDA
NVIDIA Corporation		0.14%0.02%0.03%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%

Frequently Asked Questions

NVDA and INDA have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NVDA has higher volatility (13.26%) compared to INDA (4.16%). In terms of maximum drawdown, NVDA dropped -89.72% vs INDA's -45.07%.

NVDA currently has the higher Sharpe Ratio (1.20 vs -0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for NVDA and INDA

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer