TECHM.NS vs. NFTY
Compare and contrast key facts about Tech Mahindra Limited (TECHM.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: TECHM.NS or NFTY.
Correlation
The correlation between TECHM.NS and NFTY is 0.17, 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
TECHM.NS vs. NFTY - Performance Comparison
Key characteristics
TECHM.NS:
1.27
NFTY:
-0.22
TECHM.NS:
1.95
NFTY:
-0.20
TECHM.NS:
1.23
NFTY:
0.98
TECHM.NS:
1.07
NFTY:
-0.20
TECHM.NS:
7.55
NFTY:
-0.47
TECHM.NS:
4.27%
NFTY:
7.18%
TECHM.NS:
25.31%
NFTY:
15.58%
TECHM.NS:
-89.20%
NFTY:
-47.67%
TECHM.NS:
-6.16%
NFTY:
-16.42%
Returns By Period
In the year-to-date period, TECHM.NS achieves a -1.20% return, which is significantly higher than NFTY's -3.57% return. Over the past 10 years, TECHM.NS has outperformed NFTY with an annualized return of 12.16%, while NFTY has yielded a comparatively lower 5.63% annualized return.
TECHM.NS
-1.20%
0.67%
6.00%
31.19%
19.29%
12.16%
NFTY
-3.57%
-1.84%
-12.53%
-4.36%
11.99%
5.63%
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Risk-Adjusted Performance
TECHM.NS vs. NFTY — Risk-Adjusted Performance Rank
TECHM.NS
NFTY
TECHM.NS vs. NFTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tech Mahindra Limited (TECHM.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
TECHM.NS vs. NFTY - Dividend Comparison
TECHM.NS's dividend yield for the trailing twelve months is around 2.55%, more than NFTY's 1.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TECHM.NS Tech Mahindra Limited | 2.55% | 2.52% | 3.46% | 3.25% | 1.68% | 3.08% | 1.84% | 1.94% | 1.79% | 1.23% | 1.15% | 0.77% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.67% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.40% | 0.52% |
Drawdowns
TECHM.NS vs. NFTY - Drawdown Comparison
The maximum TECHM.NS drawdown since its inception was -89.20%, which is greater than NFTY's maximum drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for TECHM.NS and NFTY. For additional features, visit the drawdowns tool.
Volatility
TECHM.NS vs. NFTY - Volatility Comparison
Tech Mahindra Limited (TECHM.NS) has a higher volatility of 6.25% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.43%. This indicates that TECHM.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.