RMRC vs. INDF

Last updated Jul 10, 2026

RMRC (ARMOR Core Risk-Managed ETF) and INDF (Nifty India Financials ETF) are both exchange-traded funds - RMRC is a Actively Managed fund actively managed by Exchange Traded Concepts, while INDF is a Financials Equities fund tracking the Nifty Financial Services 25/50 Index. RMRC is actively managed, while INDF is passively managed. RMRC charges 0.60%/yr vs 0.75%/yr for INDF.

Performance

RMRC vs. INDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARMOR Core Risk-Managed ETF (RMRC) and Nifty India Financials ETF (INDF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RMRC

• 1D: 0.03%
• 1M: 1.48%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

INDF

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

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

RMRC vs. INDF - Yearly Performance Comparison

	2026 (YTD)
RMRC ARMOR Core Risk-Managed ETF	2.27%
INDF Nifty India Financials ETF	0.00%

Return for Risk

RMRC vs. INDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARMOR Core Risk-Managed ETF (RMRC) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	RMRC	INDF	Difference
Max Drawdown Largest peak-to-trough decline	-6.57%	—	—
Current Drawdown Current decline from peak	-0.86%	—	—
Average Drawdown Average peak-to-trough decline	-1.70%	—	—

Volatility

Volatility by Period

	RMRC	INDF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.37%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.37%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.37%	—	—

RMRC vs. INDF - Expense Ratio Comparison

RMRC has a 0.60% expense ratio, which is lower than INDF's 0.75% expense ratio.

Dividends

RMRC vs. INDF - Dividend Comparison

RMRC's dividend yield for the trailing twelve months is around 0.59%, while INDF has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
INDF Nifty India Financials ETF	21.29%	21.29%	6.15%	8.84%	3.12%	1.58%
RMRC ARMOR Core Risk-Managed ETF	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, RMRC or INDF?

On fees, RMRC is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RMRC or INDF?

RMRC is cheaper with a 0.60% expense ratio, compared with 0.75% for INDF.

Which ETF pays a higher dividend yield, RMRC or INDF?

INDF has the higher dividend yield at 21.29%, compared with 0.59% for RMRC.

What is the main difference between RMRC and INDF?

RMRC is categorized as Actively Managed, while INDF is Financials Equities. Their fees differ too: 0.60% for RMRC and 0.75% for INDF.