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.
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
Key characteristics
PLUG:
-0.50
INDY:
0.43
PLUG:
-0.34
INDY:
0.66
PLUG:
0.96
INDY:
1.09
PLUG:
-0.50
INDY:
0.57
PLUG:
-1.12
INDY:
1.63
PLUG:
44.38%
INDY:
3.60%
PLUG:
98.91%
INDY:
13.77%
PLUG:
-99.99%
INDY:
-44.74%
PLUG:
-99.85%
INDY:
-9.87%
Returns By Period
In the year-to-date period, PLUG achieves a -50.67% return, which is significantly lower than INDY's 4.85% return. Over the past 10 years, PLUG has underperformed INDY with an annualized return of -3.13%, while INDY has yielded a comparatively higher 7.10% annualized return.
PLUG
-50.67%
11.56%
-15.91%
-49.66%
-5.48%
-3.13%
INDY
4.85%
0.00%
-2.70%
5.36%
8.13%
7.10%
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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 0.46%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
iShares India 50 ETF | 0.46% | 0.39% | 3.75% | 7.12% | 0.08% | 0.58% | 0.59% | 0.27% | 0.48% | 0.57% | 0.52% | 0.77% |
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 31.93% compared to iShares India 50 ETF (INDY) at 4.13%. 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.