TATAELXSI.NS vs. NFTY
Compare and contrast key facts about Tata Elxsi Limited (TATAELXSI.NS) and First Trust India NIFTY 50 Equal Weight ETF (NFTY).
NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TATAELXSI.NS or NFTY.
Correlation
The correlation between TATAELXSI.NS and NFTY is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TATAELXSI.NS vs. NFTY - Performance Comparison
Key characteristics
TATAELXSI.NS:
-0.71
NFTY:
-0.33
TATAELXSI.NS:
-1.00
NFTY:
-0.36
TATAELXSI.NS:
0.88
NFTY:
0.96
TATAELXSI.NS:
-0.52
NFTY:
-0.30
TATAELXSI.NS:
-1.27
NFTY:
-0.70
TATAELXSI.NS:
17.79%
NFTY:
7.33%
TATAELXSI.NS:
31.95%
NFTY:
15.65%
TATAELXSI.NS:
-90.02%
NFTY:
-47.67%
TATAELXSI.NS:
-43.25%
NFTY:
-17.11%
Returns By Period
In the year-to-date period, TATAELXSI.NS achieves a -12.18% return, which is significantly lower than NFTY's -4.38% return. Over the past 10 years, TATAELXSI.NS has outperformed NFTY with an annualized return of 29.66%, while NFTY has yielded a comparatively lower 5.54% annualized return.
TATAELXSI.NS
-12.18%
-3.40%
-15.79%
-22.76%
45.28%
29.66%
NFTY
-4.38%
-1.73%
-13.13%
-5.04%
11.78%
5.54%
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Risk-Adjusted Performance
TATAELXSI.NS vs. NFTY — Risk-Adjusted Performance Rank
TATAELXSI.NS
NFTY
TATAELXSI.NS vs. NFTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tata Elxsi Limited (TATAELXSI.NS) 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.
Dividends
TATAELXSI.NS vs. NFTY - Dividend Comparison
TATAELXSI.NS's dividend yield for the trailing twelve months is around 1.17%, less than NFTY's 1.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TATAELXSI.NS Tata Elxsi Limited | 1.17% | 1.03% | 0.69% | 0.68% | 0.41% | 0.90% | 1.65% | 1.08% | 0.82% | 1.01% | 0.49% | 1.52% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.68% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.40% | 0.52% |
Drawdowns
TATAELXSI.NS vs. NFTY - Drawdown Comparison
The maximum TATAELXSI.NS drawdown since its inception was -90.02%, which is greater than NFTY's maximum drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for TATAELXSI.NS and NFTY. For additional features, visit the drawdowns tool.
Volatility
TATAELXSI.NS vs. NFTY - Volatility Comparison
Tata Elxsi Limited (TATAELXSI.NS) has a higher volatility of 6.32% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.55%. This indicates that TATAELXSI.NS'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.