PLUG vs. INDY
Compare and contrast key facts about Plug Power Inc. (PLUG) and iShares India 50 ETF (INDY).
INDY is a passively managed fund by iShares that tracks the performance of the S&P CNX Nifty Index. It was launched on Nov 18, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLUG or INDY.
Key characteristics
| PLUG | INDY | |
|---|---|---|
| YTD Return | -46.44% | 2.72% |
| 1Y Return | -73.13% | 19.60% |
| 3Y Return (Ann) | -56.18% | 9.01% |
| 5Y Return (Ann) | -0.89% | 8.32% |
| 10Y Return (Ann) | -6.69% | 8.55% |
| Sharpe Ratio | -0.72 | 1.96 |
| Daily Std Dev | 100.03% | 10.61% |
| Max Drawdown | -99.99% | -44.74% |
| Current Drawdown | -99.84% | -1.48% |
Correlation
The correlation between PLUG and INDY is 0.22, 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.
Performance
PLUG vs. INDY - Performance Comparison
In the year-to-date period, PLUG achieves a -46.44% return, which is significantly lower than INDY's 2.72% return. Over the past 10 years, PLUG has underperformed INDY with an annualized return of -6.69%, while INDY has yielded a comparatively higher 8.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
PLUG vs. INDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Plug Power Inc. (PLUG) and iShares India 50 ETF (INDY). 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
PLUG vs. INDY - Dividend Comparison
PLUG has not paid dividends to shareholders, while INDY's dividend yield for the trailing twelve months is around 0.37%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLUG Plug Power Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INDY iShares India 50 ETF | 0.37% | 0.38% | 3.75% | 7.12% | 0.08% | 0.58% | 0.59% | 0.27% | 0.48% | 0.57% | 0.52% | 0.76% |
Drawdowns
PLUG vs. INDY - Drawdown Comparison
The maximum PLUG drawdown since its inception was -99.99%, which is greater than INDY's maximum drawdown of -44.74%. Use the drawdown chart below to compare losses from any high point for PLUG and INDY. For additional features, visit the drawdowns tool.
Volatility
PLUG vs. INDY - Volatility Comparison
Plug Power Inc. (PLUG) has a higher volatility of 16.16% compared to iShares India 50 ETF (INDY) at 2.77%. This indicates that PLUG's price experiences larger fluctuations and is considered to be riskier than INDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.