PIN vs. INDF
Compare and contrast key facts about Invesco India ETF (PIN) and Nifty India Financials ETF (INDF).
PIN and INDF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. INDF is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Nifty Financial Services 25/50 Index. It was launched on Oct 20, 2020. Both PIN and INDF 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: PIN or INDF.
Correlation
The correlation between PIN and INDF is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PIN vs. INDF - Performance Comparison
Key characteristics
PIN:
0.03
INDF:
0.54
PIN:
0.15
INDF:
0.82
PIN:
1.02
INDF:
1.11
PIN:
0.03
INDF:
0.65
PIN:
0.06
INDF:
1.35
PIN:
8.24%
INDF:
7.27%
PIN:
15.26%
INDF:
18.16%
PIN:
-64.54%
INDF:
-25.58%
PIN:
-13.38%
INDF:
-6.94%
Returns By Period
In the year-to-date period, PIN achieves a -3.49% return, which is significantly lower than INDF's 4.26% return.
PIN
-3.49%
7.15%
-10.30%
-0.01%
21.28%
6.92%
INDF
4.26%
9.04%
-1.75%
9.43%
N/A
N/A
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PIN vs. INDF - Expense Ratio Comparison
PIN has a 0.78% expense ratio, which is higher than INDF's 0.75% expense ratio.
Risk-Adjusted Performance
PIN vs. INDF — Risk-Adjusted Performance Rank
PIN
INDF
PIN vs. INDF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco India ETF (PIN) and Nifty India Financials ETF (INDF). 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. INDF - Dividend Comparison
PIN's dividend yield for the trailing twelve months is around 8.79%, more than INDF's 5.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIN Invesco India ETF | 8.79% | 8.48% | 2.08% | 14.07% | 6.95% | 0.72% | 27.85% | 0.96% | 1.01% | 1.18% | 0.60% | 0.99% |
INDF Nifty India Financials ETF | 5.90% | 6.16% | 8.84% | 3.12% | 1.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PIN vs. INDF - Drawdown Comparison
The maximum PIN drawdown since its inception was -64.54%, which is greater than INDF's maximum drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for PIN and INDF. For additional features, visit the drawdowns tool.
Volatility
PIN vs. INDF - Volatility Comparison
Invesco India ETF (PIN) and Nifty India Financials ETF (INDF) have volatilities of 4.58% and 4.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.