PIN vs. IXSE
Compare and contrast key facts about Invesco India ETF (PIN) and WisdomTree India ex-State-Owned Enterprises Fund (IXSE).
PIN and IXSE 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. IXSE is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree India ex-State-Owned Enterprises Index. It was launched on Apr 4, 2019. Both PIN and IXSE 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 IXSE.
Performance
PIN vs. IXSE - Performance Comparison
Returns By Period
PIN
8.87%
-4.42%
-0.64%
18.49%
12.71%
7.62%
IXSE
N/A
N/A
N/A
N/A
N/A
N/A
Key characteristics
| PIN | IXSE |
|---|
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PIN vs. IXSE - Expense Ratio Comparison
PIN has a 0.78% expense ratio, which is higher than IXSE's 0.58% expense ratio.
Correlation
The correlation between PIN and IXSE is 0.86, 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.
Risk-Adjusted Performance
PIN vs. IXSE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco India ETF (PIN) and WisdomTree India ex-State-Owned Enterprises Fund (IXSE). 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. IXSE - Dividend Comparison
PIN's dividend yield for the trailing twelve months is around 1.53%, while IXSE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIN Invesco India ETF | 1.53% | 2.08% | 14.07% | 6.95% | 0.72% | 27.85% | 0.96% | 1.01% | 1.18% | 0.60% | 0.99% | 0.48% |
IXSE WisdomTree India ex-State-Owned Enterprises Fund | 0.00% | 0.27% | 0.90% | 0.03% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PIN vs. IXSE - Drawdown Comparison
Volatility
PIN vs. IXSE - Volatility Comparison
Invesco India ETF (PIN) has a higher volatility of 3.70% compared to WisdomTree India ex-State-Owned Enterprises Fund (IXSE) at 0.00%. This indicates that PIN's price experiences larger fluctuations and is considered to be riskier than IXSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.