QRFT vs. INDF

Last updated Apr 2, 2026

Compare and contrast key facts about QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) and Nifty India Financials ETF (INDF).

QRFT and INDF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QRFT is an actively managed fund by Exchange Traded Concepts. It was launched on May 21, 2019. 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.

Performance

QRFT vs. INDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) and Nifty India Financials ETF (INDF). The values are adjusted to include any dividend payments, if applicable.

QRFT vs. INDF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	-3.78%	17.95%	21.36%	24.16%	-22.69%	22.74%	13.37%
INDF Nifty India Financials ETF	0.00%	8.17%	6.32%	19.86%	-5.28%	11.95%	23.97%

Returns By Period

QRFT

• 1D: 0.99%
• 1M: -3.95%
• YTD: -3.78%
• 6M: -1.77%
• 1Y: 17.21%
• 3Y*: 16.70%
• 5Y*: 9.60%
• 10Y*: —

INDF

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QRFT vs. INDF - Expense Ratio Comparison

Both QRFT and INDF have an expense ratio of 0.75%.

QRFT

QRAFT AI Enhanced U.S. Large Cap ETF

INDF

Nifty India Financials ETF

Return for Risk

QRFT vs. INDF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QRFT

QRFT Risk / Return Rank: 53
QRFT Sharpe Ratio Rank: 48
QRFT Sortino Ratio Rank: 50
QRFT Omega Ratio Rank: 52
QRFT Calmar Ratio Rank: 52
QRFT Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QRFT vs. INDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) 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.

	QRFT	INDF	Difference
Sharpe ratio Return per unit of total volatility	0.91	—	—
Sortino ratio Return per unit of downside risk	1.40	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.43	—	—
Martin ratio Return relative to average drawdown	6.57	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QRFT	INDF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	—	—

Correlation

The correlation between QRFT and INDF is 0.41, 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.

Dividends

QRFT vs. INDF - Dividend Comparison

QRFT's dividend yield for the trailing twelve months is around 0.29%, less than INDF's 21.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	0.29%	0.27%	0.52%	0.77%	0.83%	0.05%	1.81%	4.00%
INDF Nifty India Financials ETF	21.29%	21.29%	6.15%	8.84%	3.12%	1.58%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	QRFT	INDF	Difference
Max Drawdown Largest peak-to-trough decline	-30.19%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.20%	—	—
Current Drawdown Current decline from peak	-5.56%	—	—
Average Drawdown Average peak-to-trough decline	-6.94%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	—	—

Volatility

Volatility by Period

	QRFT	INDF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.99%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.46%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	—	—