Correlation
The correlation between WAINX and INDY is 0.34, 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.
WAINX vs. INDY
Compare and contrast key facts about Wasatch Emerging India Fund (WAINX) and iShares India 50 ETF (INDY).
WAINX is managed by Wasatch. It was launched on Apr 25, 2011. INDY is a passively managed fund by iShares that tracks the performance of the S&P CNX Nifty Index. It was launched on Nov 18, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAINX or INDY.
Performance
WAINX vs. INDY - Performance Comparison
Loading data...
Key characteristics
WAINX:
0.64
INDY:
0.32
WAINX:
0.89
INDY:
0.46
WAINX:
1.11
INDY:
1.06
WAINX:
0.59
INDY:
0.22
WAINX:
1.26
INDY:
0.46
WAINX:
7.96%
INDY:
8.58%
WAINX:
17.88%
INDY:
15.28%
WAINX:
-41.33%
INDY:
-44.74%
WAINX:
-6.11%
INDY:
-6.65%
Returns By Period
In the year-to-date period, WAINX achieves a 2.81% return, which is significantly lower than INDY's 4.96% return. Over the past 10 years, WAINX has outperformed INDY with an annualized return of 11.23%, while INDY has yielded a comparatively lower 7.51% annualized return.
WAINX
2.81%
2.09%
0.94%
11.59%
9.66%
17.69%
11.23%
INDY
4.96%
0.89%
0.96%
4.64%
8.94%
15.64%
7.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WAINX vs. INDY - Expense Ratio Comparison
WAINX has a 1.51% expense ratio, which is higher than INDY's 0.94% expense ratio.
Risk-Adjusted Performance
WAINX vs. INDY — Risk-Adjusted Performance Rank
WAINX
INDY
WAINX vs. INDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Emerging India Fund (WAINX) and iShares India 50 ETF (INDY). 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.
Loading data...
Dividends
WAINX vs. INDY - Dividend Comparison
WAINX's dividend yield for the trailing twelve months is around 19.64%, more than INDY's 0.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAINX Wasatch Emerging India Fund | 19.64% | 20.19% | 4.23% | 1.15% | 4.29% | 0.00% | 0.31% | 6.96% | 2.91% | 1.07% | 1.42% | 0.07% |
INDY iShares India 50 ETF | 0.23% | 0.24% | 0.39% | 3.75% | 7.12% | 0.08% | 0.58% | 0.59% | 0.27% | 0.48% | 0.57% | 0.52% |
Drawdowns
WAINX vs. INDY - Drawdown Comparison
The maximum WAINX drawdown since its inception was -41.33%, smaller than the maximum INDY drawdown of -44.74%. Use the drawdown chart below to compare losses from any high point for WAINX and INDY.
Loading data...
Volatility
WAINX vs. INDY - Volatility Comparison
Wasatch Emerging India Fund (WAINX) and iShares India 50 ETF (INDY) have volatilities of 5.93% and 5.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...