PIN vs. ETGIX
Compare and contrast key facts about Invesco India ETF (PIN) and Eaton Vance Greater India Fund (ETGIX).
PIN is a passively managed fund by Invesco that tracks the performance of the FTSE India Quality and Yield Select Net Tax (US RIC) Index. It was launched on Mar 5, 2008. ETGIX is managed by Eaton Vance. It was launched on May 1, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIN or ETGIX.
Correlation
The correlation between PIN and ETGIX is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PIN vs. ETGIX - Performance Comparison
Key characteristics
PIN:
0.29
ETGIX:
0.20
PIN:
0.51
ETGIX:
0.39
PIN:
1.07
ETGIX:
1.05
PIN:
0.25
ETGIX:
0.10
PIN:
0.55
ETGIX:
0.29
PIN:
8.84%
ETGIX:
11.25%
PIN:
16.58%
ETGIX:
15.94%
PIN:
-64.54%
ETGIX:
-76.44%
PIN:
-9.52%
ETGIX:
-24.86%
Returns By Period
In the year-to-date period, PIN achieves a 0.81% return, which is significantly higher than ETGIX's -2.37% return. Over the past 10 years, PIN has outperformed ETGIX with an annualized return of 8.29%, while ETGIX has yielded a comparatively lower 4.41% annualized return.
PIN
0.81%
2.32%
-3.13%
4.14%
18.41%
8.29%
ETGIX
-2.37%
2.92%
-9.51%
3.17%
9.04%
4.41%
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PIN vs. ETGIX - Expense Ratio Comparison
PIN has a 0.78% expense ratio, which is lower than ETGIX's 1.57% expense ratio.
Risk-Adjusted Performance
PIN vs. ETGIX — Risk-Adjusted Performance Rank
PIN
ETGIX
PIN vs. ETGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco India ETF (PIN) and Eaton Vance Greater India Fund (ETGIX). 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
PIN vs. ETGIX - Dividend Comparison
PIN's dividend yield for the trailing twelve months is around 8.41%, while ETGIX has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PIN Invesco India ETF | 8.41% | 8.48% | 2.08% | 14.07% | 6.95% | 0.72% | 27.85% | 0.96% | 1.01% | 1.18% | 0.60% | 0.99% |
ETGIX Eaton Vance Greater India Fund | 0.00% | 0.00% | 0.00% | 2.45% | 0.00% | 0.00% | 0.00% | 1.17% | 3.32% | 0.56% | 0.80% | 1.87% |
Drawdowns
PIN vs. ETGIX - Drawdown Comparison
The maximum PIN drawdown since its inception was -64.54%, smaller than the maximum ETGIX drawdown of -76.44%. Use the drawdown chart below to compare losses from any high point for PIN and ETGIX. For additional features, visit the drawdowns tool.
Volatility
PIN vs. ETGIX - Volatility Comparison
Invesco India ETF (PIN) has a higher volatility of 7.49% compared to Eaton Vance Greater India Fund (ETGIX) at 6.89%. This indicates that PIN's price experiences larger fluctuations and is considered to be riskier than ETGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.