SA vs. INDA
Compare and contrast key facts about Seabridge Gold Inc. (SA) and iShares MSCI India ETF (INDA).
INDA is a passively managed fund by iShares that tracks the performance of the MSCI India Index. It was launched on Feb 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SA or INDA.
Correlation
The correlation between SA and INDA is 0.55, 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
SA vs. INDA - Performance Comparison
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Key characteristics
SA:
-0.45
INDA:
0.40
SA:
-0.30
INDA:
0.54
SA:
0.96
INDA:
1.07
SA:
-0.29
INDA:
0.28
SA:
-0.75
INDA:
0.58
SA:
28.91%
INDA:
8.91%
SA:
51.50%
INDA:
16.52%
SA:
-90.99%
INDA:
-45.06%
SA:
-69.76%
INDA:
-7.58%
Returns By Period
In the year-to-date period, SA achieves a 2.63% return, which is significantly lower than INDA's 3.19% return. Over the past 10 years, SA has underperformed INDA with an annualized return of 6.55%, while INDA has yielded a comparatively higher 7.34% annualized return.
SA
2.63%
-6.17%
-23.16%
-23.21%
-4.00%
6.55%
INDA
3.19%
7.01%
0.32%
6.51%
17.25%
7.34%
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Risk-Adjusted Performance
SA vs. INDA — Risk-Adjusted Performance Rank
SA
INDA
SA vs. INDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Seabridge Gold Inc. (SA) and iShares MSCI India ETF (INDA). 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.
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Dividends
SA vs. INDA - Dividend Comparison
SA has not paid dividends to shareholders, while INDA's dividend yield for the trailing twelve months is around 0.73%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SA Seabridge Gold 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% |
INDA iShares MSCI India ETF | 0.73% | 0.76% | 0.16% | 0.00% | 6.44% | 0.27% | 1.00% | 0.94% | 1.09% | 0.91% | 1.19% | 0.63% |
Drawdowns
SA vs. INDA - Drawdown Comparison
The maximum SA drawdown since its inception was -90.99%, which is greater than INDA's maximum drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for SA and INDA. For additional features, visit the drawdowns tool.
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Volatility
SA vs. INDA - Volatility Comparison
Seabridge Gold Inc. (SA) has a higher volatility of 17.14% compared to iShares MSCI India ETF (INDA) at 6.49%. This indicates that SA's price experiences larger fluctuations and is considered to be riskier than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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