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.
Key characteristics
| WAINX | INDY | |
|---|---|---|
| YTD Return | 9.97% | 7.31% |
| 1Y Return | 13.81% | 17.88% |
| 3Y Return (Ann) | -2.73% | 3.44% |
| 5Y Return (Ann) | 9.56% | 9.79% |
| 10Y Return (Ann) | 9.03% | 6.79% |
| Sharpe Ratio | 1.02 | 1.40 |
| Sortino Ratio | 1.54 | 1.88 |
| Omega Ratio | 1.20 | 1.27 |
| Calmar Ratio | 0.70 | 2.30 |
| Martin Ratio | 5.62 | 7.50 |
| Ulcer Index | 2.59% | 2.49% |
| Daily Std Dev | 14.30% | 13.35% |
| Max Drawdown | -41.34% | -44.74% |
| Current Drawdown | -8.68% | -7.76% |
Correlation
The correlation between WAINX and INDY is 0.67, 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
WAINX vs. INDY - Performance Comparison
In the year-to-date period, WAINX achieves a 9.97% return, which is significantly higher than INDY's 7.31% return. Over the past 10 years, WAINX has outperformed INDY with an annualized return of 9.03%, while INDY has yielded a comparatively lower 6.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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.
Dividends
WAINX vs. INDY - Dividend Comparison
WAINX has not paid dividends to shareholders, while INDY's dividend yield for the trailing twelve months is around 0.30%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAINX Wasatch Emerging India Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.00% |
INDY iShares India 50 ETF | 0.30% | 0.39% | 3.75% | 7.12% | 0.08% | 0.58% | 0.59% | 0.27% | 0.48% | 0.57% | 0.52% | 0.77% |
Drawdowns
WAINX vs. INDY - Drawdown Comparison
The maximum WAINX drawdown since its inception was -41.34%, 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. For additional features, visit the drawdowns tool.
Volatility
WAINX vs. INDY - Volatility Comparison
Wasatch Emerging India Fund (WAINX) has a higher volatility of 3.81% compared to iShares India 50 ETF (INDY) at 2.87%. This indicates that WAINX's price experiences larger fluctuations and is considered to be riskier than INDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.