TORNTPHARM.NS vs. FXAIX
Compare and contrast key facts about Torrent Pharmaceuticals Limited (TORNTPHARM.NS) and Fidelity 500 Index Fund (FXAIX).
FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TORNTPHARM.NS or FXAIX.
Correlation
The correlation between TORNTPHARM.NS and FXAIX is 0.13, 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
TORNTPHARM.NS vs. FXAIX - Performance Comparison
Key characteristics
TORNTPHARM.NS:
0.76
FXAIX:
1.90
TORNTPHARM.NS:
1.20
FXAIX:
2.56
TORNTPHARM.NS:
1.15
FXAIX:
1.35
TORNTPHARM.NS:
1.23
FXAIX:
2.87
TORNTPHARM.NS:
3.24
FXAIX:
11.90
TORNTPHARM.NS:
5.54%
FXAIX:
2.04%
TORNTPHARM.NS:
23.73%
FXAIX:
12.79%
TORNTPHARM.NS:
-56.21%
FXAIX:
-33.79%
TORNTPHARM.NS:
-13.82%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, TORNTPHARM.NS achieves a -8.77% return, which is significantly lower than FXAIX's 4.38% return. Over the past 10 years, TORNTPHARM.NS has outperformed FXAIX with an annualized return of 20.44%, while FXAIX has yielded a comparatively lower 13.11% annualized return.
TORNTPHARM.NS
-8.77%
-3.44%
-8.83%
17.48%
24.24%
20.44%
FXAIX
4.38%
2.32%
10.23%
24.10%
14.52%
13.11%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TORNTPHARM.NS vs. FXAIX — Risk-Adjusted Performance Rank
TORNTPHARM.NS
FXAIX
TORNTPHARM.NS vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Torrent Pharmaceuticals Limited (TORNTPHARM.NS) and Fidelity 500 Index Fund (FXAIX). 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
TORNTPHARM.NS vs. FXAIX - Dividend Comparison
TORNTPHARM.NS's dividend yield for the trailing twelve months is around 1.05%, less than FXAIX's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TORNTPHARM.NS Torrent Pharmaceuticals Limited | 1.05% | 0.83% | 0.95% | 1.29% | 1.07% | 0.54% | 0.92% | 0.79% | 0.99% | 2.66% | 0.77% | 0.88% |
FXAIX Fidelity 500 Index Fund | 1.19% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
TORNTPHARM.NS vs. FXAIX - Drawdown Comparison
The maximum TORNTPHARM.NS drawdown since its inception was -56.21%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for TORNTPHARM.NS and FXAIX. For additional features, visit the drawdowns tool.
Volatility
TORNTPHARM.NS vs. FXAIX - Volatility Comparison
Torrent Pharmaceuticals Limited (TORNTPHARM.NS) has a higher volatility of 8.63% compared to Fidelity 500 Index Fund (FXAIX) at 2.96%. This indicates that TORNTPHARM.NS's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.