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PIN vs. CNYA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PIN and CNYA 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.


-0.50.00.51.00.3

Performance

PIN vs. CNYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco India ETF (PIN) and iShares MSCI China A ETF (CNYA). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
-2.14%
12.97%
PIN
CNYA

Key characteristics

Sharpe Ratio

PIN:

1.00

CNYA:

0.52

Sortino Ratio

PIN:

1.38

CNYA:

0.98

Omega Ratio

PIN:

1.19

CNYA:

1.15

Calmar Ratio

PIN:

1.45

CNYA:

0.35

Martin Ratio

PIN:

4.11

CNYA:

1.49

Ulcer Index

PIN:

3.66%

CNYA:

11.54%

Daily Std Dev

PIN:

15.08%

CNYA:

32.98%

Max Drawdown

PIN:

-64.54%

CNYA:

-49.48%

Current Drawdown

PIN:

-8.84%

CNYA:

-36.49%

Returns By Period

In the year-to-date period, PIN achieves a 10.78% return, which is significantly lower than CNYA's 12.33% return.


PIN

YTD

10.78%

1M

0.32%

6M

-1.01%

1Y

13.03%

5Y*

12.26%

10Y*

8.63%

CNYA

YTD

12.33%

1M

-1.37%

6M

12.96%

1Y

15.09%

5Y*

1.36%

10Y*

N/A

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PIN vs. CNYA - Expense Ratio Comparison

PIN has a 0.78% expense ratio, which is higher than CNYA's 0.60% expense ratio.


PIN
Invesco India ETF
Expense ratio chart for PIN: current value at 0.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.78%
Expense ratio chart for CNYA: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

PIN vs. CNYA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco India ETF (PIN) and iShares MSCI China A ETF (CNYA). 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.


Sharpe ratio
The chart of Sharpe ratio for PIN, currently valued at 1.00, compared to the broader market0.002.004.001.000.52
The chart of Sortino ratio for PIN, currently valued at 1.38, compared to the broader market-2.000.002.004.006.008.0010.001.380.98
The chart of Omega ratio for PIN, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.15
The chart of Calmar ratio for PIN, currently valued at 1.45, compared to the broader market0.005.0010.0015.001.450.35
The chart of Martin ratio for PIN, currently valued at 4.11, compared to the broader market0.0020.0040.0060.0080.00100.004.111.49
PIN
CNYA

The current PIN Sharpe Ratio is 1.00, which is higher than the CNYA Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of PIN and CNYA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.00
0.52
PIN
CNYA

Dividends

PIN vs. CNYA - Dividend Comparison

PIN has not paid dividends to shareholders, while CNYA's dividend yield for the trailing twelve months is around 2.48%.


TTM20232022202120202019201820172016201520142013
PIN
Invesco India ETF
0.00%2.08%14.07%6.95%0.72%27.85%0.96%1.01%1.18%0.60%0.99%0.48%
CNYA
iShares MSCI China A ETF
2.48%4.23%2.69%1.11%1.05%1.21%3.92%0.98%1.38%0.00%0.00%0.00%

Drawdowns

PIN vs. CNYA - Drawdown Comparison

The maximum PIN drawdown since its inception was -64.54%, which is greater than CNYA's maximum drawdown of -49.48%. Use the drawdown chart below to compare losses from any high point for PIN and CNYA. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.84%
-36.49%
PIN
CNYA

Volatility

PIN vs. CNYA - Volatility Comparison

The current volatility for Invesco India ETF (PIN) is 4.24%, while iShares MSCI China A ETF (CNYA) has a volatility of 10.34%. This indicates that PIN experiences smaller price fluctuations and is considered to be less risky than CNYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
4.24%
10.34%
PIN
CNYA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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