RFEM vs. INDY
Compare and contrast key facts about First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) and iShares India 50 ETF (INDY).
RFEM and INDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RFEM is an actively managed fund by First Trust. It was launched on Jun 14, 2016. 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: RFEM or INDY.
Key characteristics
| RFEM | INDY | |
|---|---|---|
| YTD Return | 9.70% | 5.26% |
| 1Y Return | 16.62% | 14.33% |
| 3Y Return (Ann) | 2.27% | 2.89% |
| 5Y Return (Ann) | 4.79% | 9.15% |
| Sharpe Ratio | 1.09 | 1.07 |
| Sortino Ratio | 1.58 | 1.47 |
| Omega Ratio | 1.20 | 1.21 |
| Calmar Ratio | 0.94 | 1.48 |
| Martin Ratio | 5.31 | 5.29 |
| Ulcer Index | 3.20% | 2.69% |
| Daily Std Dev | 15.55% | 13.35% |
| Max Drawdown | -42.22% | -44.74% |
| Current Drawdown | -8.84% | -9.52% |
Correlation
The correlation between RFEM and INDY is 0.63, 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.
Performance
RFEM vs. INDY - Performance Comparison
In the year-to-date period, RFEM achieves a 9.70% return, which is significantly higher than INDY's 5.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RFEM vs. INDY - Expense Ratio Comparison
RFEM has a 0.95% expense ratio, which is higher than INDY's 0.94% expense ratio.
Risk-Adjusted Performance
RFEM vs. INDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) 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
RFEM vs. INDY - Dividend Comparison
RFEM's dividend yield for the trailing twelve months is around 2.64%, more than INDY's 0.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RFEM First Trust RiverFront Dynamic Emerging Markets ETF | 2.64% | 3.28% | 7.74% | 3.21% | 1.22% | 3.75% | 2.37% | 1.62% | 3.73% | 0.00% | 0.00% | 0.00% |
INDY iShares India 50 ETF | 0.31% | 0.39% | 3.75% | 7.12% | 0.08% | 0.58% | 0.59% | 0.27% | 0.48% | 0.57% | 0.52% | 0.77% |
Drawdowns
RFEM vs. INDY - Drawdown Comparison
The maximum RFEM drawdown since its inception was -42.22%, smaller than the maximum INDY drawdown of -44.74%. Use the drawdown chart below to compare losses from any high point for RFEM and INDY. For additional features, visit the drawdowns tool.
Volatility
RFEM vs. INDY - Volatility Comparison
First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) has a higher volatility of 4.16% compared to iShares India 50 ETF (INDY) at 3.05%. This indicates that RFEM'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.