WAINX vs. SMIN
Compare and contrast key facts about Wasatch Emerging India Fund (WAINX) and iShares MSCI India Small-Cap ETF (SMIN).
WAINX is managed by Wasatch. It was launched on Apr 25, 2011. SMIN is a passively managed fund by iShares that tracks the performance of the MSCI India Small Cap Index. It was launched on Feb 8, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAINX or SMIN.
Key characteristics
| WAINX | SMIN | |
|---|---|---|
| YTD Return | 1.29% | 8.78% |
| 1Y Return | 21.55% | 42.83% |
| 3Y Return (Ann) | 6.88% | 15.12% |
| 5Y Return (Ann) | 11.42% | 16.64% |
| 10Y Return (Ann) | 13.16% | 11.46% |
| Sharpe Ratio | 1.65 | 2.80 |
| Daily Std Dev | 12.62% | 14.87% |
| Max Drawdown | -41.34% | -60.50% |
| Current Drawdown | -7.79% | 0.00% |
Correlation
The correlation between WAINX and SMIN is 0.64, 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. SMIN - Performance Comparison
In the year-to-date period, WAINX achieves a 1.29% return, which is significantly lower than SMIN's 8.78% return. Over the past 10 years, WAINX has outperformed SMIN with an annualized return of 13.16%, while SMIN has yielded a comparatively lower 11.46% 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. SMIN - Expense Ratio Comparison
WAINX has a 1.51% expense ratio, which is higher than SMIN's 0.76% expense ratio.
Risk-Adjusted Performance
WAINX vs. SMIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Emerging India Fund (WAINX) and iShares MSCI India Small-Cap ETF (SMIN). 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. SMIN - Dividend Comparison
WAINX's dividend yield for the trailing twelve months is around 4.18%, more than SMIN's 0.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAINX Wasatch Emerging India Fund | 4.18% | 4.24% | 1.16% | 4.29% | 0.00% | 0.32% | 6.95% | 2.91% | 1.06% | 1.40% | 0.05% | 0.00% |
SMIN iShares MSCI India Small-Cap ETF | 0.38% | 0.41% | 0.01% | 1.27% | 1.06% | 1.75% | 1.68% | 0.89% | 2.30% | 0.93% | 0.34% | 0.75% |
Drawdowns
WAINX vs. SMIN - Drawdown Comparison
The maximum WAINX drawdown since its inception was -41.34%, smaller than the maximum SMIN drawdown of -60.50%. Use the drawdown chart below to compare losses from any high point for WAINX and SMIN. For additional features, visit the drawdowns tool.
Volatility
WAINX vs. SMIN - Volatility Comparison
The current volatility for Wasatch Emerging India Fund (WAINX) is 2.91%, while iShares MSCI India Small-Cap ETF (SMIN) has a volatility of 3.95%. This indicates that WAINX experiences smaller price fluctuations and is considered to be less risky than SMIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.