XID.TO vs. GLIN
Compare and contrast key facts about iShares India Index ETF (XID.TO) and VanEck Vectors India Growth Leaders ETF (GLIN).
XID.TO and GLIN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XID.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Jan 21, 2010. GLIN is a passively managed fund by VanEck that tracks the performance of the MarketGrader India All-Cap Growth Leaders Index. It was launched on Aug 24, 2010. Both XID.TO and GLIN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XID.TO or GLIN.
Key characteristics
XID.TO | GLIN | |
---|---|---|
YTD Return | 14.14% | 19.83% |
1Y Return | 21.62% | 36.92% |
3Y Return (Ann) | 7.81% | 8.42% |
5Y Return (Ann) | 10.59% | 10.54% |
10Y Return (Ann) | 8.97% | 2.12% |
Sharpe Ratio | 1.70 | 2.17 |
Sortino Ratio | 2.23 | 2.73 |
Omega Ratio | 1.35 | 1.42 |
Calmar Ratio | 3.95 | 0.68 |
Martin Ratio | 12.11 | 15.46 |
Ulcer Index | 1.80% | 2.42% |
Daily Std Dev | 12.80% | 17.19% |
Max Drawdown | -42.26% | -79.39% |
Current Drawdown | -3.49% | -37.77% |
Correlation
The correlation between XID.TO and GLIN is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XID.TO vs. GLIN - Performance Comparison
In the year-to-date period, XID.TO achieves a 14.14% return, which is significantly lower than GLIN's 19.83% return. Over the past 10 years, XID.TO has outperformed GLIN with an annualized return of 8.97%, while GLIN has yielded a comparatively lower 2.12% 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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XID.TO vs. GLIN - Expense Ratio Comparison
XID.TO has a 1.08% expense ratio, which is higher than GLIN's 0.82% expense ratio.
Risk-Adjusted Performance
XID.TO vs. GLIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares India Index ETF (XID.TO) and VanEck Vectors India Growth Leaders ETF (GLIN). 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
XID.TO vs. GLIN - Dividend Comparison
XID.TO's dividend yield for the trailing twelve months is around 0.34%, less than GLIN's 0.80% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
iShares India Index ETF | 0.34% | 0.42% | 3.45% | 6.82% | 0.03% | 0.43% | 0.39% | 0.16% | 0.36% | 0.36% | 0.35% | 0.56% |
VanEck Vectors India Growth Leaders ETF | 0.80% | 0.96% | 1.70% | 0.00% | 0.24% | 1.29% | 0.12% | 0.10% | 1.39% | 3.11% | 0.97% | 0.44% |
Drawdowns
XID.TO vs. GLIN - Drawdown Comparison
The maximum XID.TO drawdown since its inception was -42.26%, smaller than the maximum GLIN drawdown of -79.39%. Use the drawdown chart below to compare losses from any high point for XID.TO and GLIN. For additional features, visit the drawdowns tool.
Volatility
XID.TO vs. GLIN - Volatility Comparison
The current volatility for iShares India Index ETF (XID.TO) is 2.68%, while VanEck Vectors India Growth Leaders ETF (GLIN) has a volatility of 3.85%. This indicates that XID.TO experiences smaller price fluctuations and is considered to be less risky than GLIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.