RND vs. NFTY

Last updated Jun 24, 2026

RND (First Trust Bloomberg R&D Leaders ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - RND is a Large Cap Blend Equities fund tracking the Bloomberg R&D Leaders Select Index, while NFTY is a Asia Pacific Equities fund tracking the NIFTY 50 Equal Weight Index. Both are passively managed. Over the past year, RND returned 20.03% vs -6.58% for NFTY. At a 0.39 correlation, their price movements are largely independent. RND charges 0.60%/yr vs 0.80%/yr for NFTY.

Performance

RND vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Bloomberg R&D Leaders ETF (RND) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RND achieves a 1.67% return, which is significantly higher than NFTY's -7.30% return.

RND

• 1D: -1.59%
• 1M: -2.84%
• YTD: 1.67%
• 6M: 0.70%
• 1Y: 20.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFTY

• 1D: -1.31%
• 1M: 1.01%
• YTD: -7.30%
• 6M: -7.62%
• 1Y: -6.58%
• 3Y*: 6.30%
• 5Y*: 5.79%
• 10Y*: 8.36%

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

RND vs. NFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RND First Trust Bloomberg R&D Leaders ETF	1.67%	22.38%	26.88%
NFTY First Trust India NIFTY 50 Equal Weight ETF	-7.30%	5.47%	0.34%

Correlation

The correlation between RND and NFTY is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since May 1, 2024	0.39

RND vs. NFTY - Sectors Allocation Comparison

Sectors	RND	NFTY
Technology	47.2%	9.0%
Consumer Cyclical	15.7%	16.6%
Communication Services	13.4%	1.9%
Healthcare	13.3%	9.9%
Industrials	7.4%	8.5%
Consumer Defensive	1.2%	8.1%
Financial Services	1.1%	20.9%
Basic Materials	0.9%	13.1%
Energy	-	8.5%
Real Estate	-	-
Utilities	-	3.7%

Return for Risk

RND vs. NFTY — Risk / Return Rank

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

RND

RND Risk / Return Rank: 34
RND Sharpe Ratio Rank: 37
RND Sortino Ratio Rank: 35
RND Omega Ratio Rank: 35
RND Calmar Ratio Rank: 28
RND Martin Ratio Rank: 33

NFTY

NFTY Risk / Return Rank: 5
NFTY Sharpe Ratio Rank: 5
NFTY Sortino Ratio Rank: 5
NFTY Omega Ratio Rank: 5
NFTY Calmar Ratio Rank: 5
NFTY Martin Ratio Rank: 4

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.

RND vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Bloomberg R&D Leaders ETF (RND) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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.

	RND	NFTY	Difference
Sharpe ratio: Return per unit of total volatility	1.22	-0.45	+1.67
Sortino ratio: Return per unit of downside risk	1.71	-0.58	+2.29
Omega ratio: Gain probability vs. loss probability	1.22	0.94	+0.28
Calmar ratio: Return relative to maximum drawdown	1.29	-0.41	+1.70
Martin ratio: Return relative to average drawdown	4.58	-1.01	+5.58

RND vs. NFTY - Sharpe Ratio Comparison

The current RND Sharpe Ratio is 1.22, which is higher than the NFTY Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of RND and NFTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RND vs. NFTY - Drawdown Comparison

The maximum RND drawdown since its inception was -23.52%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for RND and NFTY.

Drawdown Indicators

	RND	NFTY	Difference
Max Drawdown Largest peak-to-trough decline	-23.52%	-47.67%	+24.15%
Max Drawdown (1Y) Largest decline over 1 year	-15.56%	-16.14%	+0.58%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.67%	—
Current Drawdown Current decline from peak	-5.30%	-15.26%	+9.96%
Average Drawdown Average peak-to-trough decline	-3.71%	-9.60%	+5.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.39%	6.56%	-2.17%

Volatility

RND vs. NFTY - Volatility Comparison

First Trust Bloomberg R&D Leaders ETF (RND) has a higher volatility of 6.27% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 4.23%. This indicates that RND's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RND	NFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.27%	4.23%	+2.04%
Volatility (6M) Calculated over the trailing 6-month period	12.84%	12.75%	+0.09%
Volatility (1Y) Calculated over the trailing 1-year period	16.55%	14.75%	+1.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.27%	17.41%	+3.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.27%	20.72%	+0.55%

RND vs. NFTY - Expense Ratio Comparison

RND has a 0.60% expense ratio, which is lower than NFTY's 0.80% expense ratio.

Dividends

RND vs. NFTY - Dividend Comparison

RND has not paid dividends to shareholders, while NFTY's dividend yield for the trailing twelve months is around 1.91%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFTY First Trust India NIFTY 50 Equal Weight ETF	1.91%	1.24%	1.61%	0.13%	5.89%	1.53%	0.61%	0.97%	0.00%	4.10%	3.28%	4.39%
RND First Trust Bloomberg R&D Leaders ETF	0.00%	0.00%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RND and NFTY in my portfolio?

RND and NFTY have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RND or NFTY?

RND has higher volatility (6.27%) compared to NFTY (4.23%). In terms of maximum drawdown, RND dropped -23.52% vs NFTY's -47.67%.

Which ETF is better, RND or NFTY?

On 1-year performance, RND leads with 20.03% vs -6.58% for NFTY. On fees, RND is cheaper at 0.60% per year. On volatility, NFTY has been the lower-risk option at 4.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RND or NFTY?

Over the 1-year period, RND has performed better with a 20.03% return vs -6.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RND or NFTY?

RND is cheaper with a 0.60% expense ratio, compared with 0.80% for NFTY.

Which ETF pays a higher dividend yield, RND or NFTY?

NFTY has the higher dividend yield at 1.91%, compared with 0.00% for RND.

What is the main difference between RND and NFTY?

RND is categorized as Large Cap Blend Equities, while NFTY is Asia Pacific Equities. RND tracks Bloomberg R&D Leaders Select Index, while NFTY tracks NIFTY 50 Equal Weight Index. Their fees differ too: 0.60% for RND and 0.80% for NFTY.

Which has better risk-adjusted returns?

RND currently has the higher Sharpe Ratio (1.22 vs -0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.