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XKS2.L vs. IIND.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XKS2.L vs. IIND.L

Last updated Jun 5, 2026

XKS2.L (Xtrackers MSCI Korea UCITS ETF 1C) and IIND.L (iShares MSCI India UCITS ETF USD (Acc)) are both Asia Pacific Equities funds - XKS2.L tracks the MSCI Korea NR USD while IIND.L tracks the MSCI India NR USD. Both are passively managed. Over the past 5 years, XKS2.L returned 19.87%/yr vs 4.52%/yr for IIND.L. At a 0.40 correlation, their price movements are largely independent. Both charge a 0.65% expense ratio.

Performance

XKS2.L vs. IIND.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI Korea UCITS ETF 1C (XKS2.L) and iShares MSCI India UCITS ETF USD (Acc) (IIND.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

XKS2.L is traded in GBp, while IIND.L is traded in GBP. To make them comparable, the IIND.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XKS2.L achieves a 107.22% return, which is significantly higher than IIND.L's -13.04% return.

XKS2.L

1D
-4.89%
1M
17.08%
YTD
107.22%
6M
125.61%
1Y
237.24%
3Y*
45.20%
5Y*
19.87%
10Y*
17.87%

IIND.L

1D
1.17%
1M
-1.77%
YTD
-13.04%
6M
-13.23%
1Y
-11.37%
3Y*
2.69%
5Y*
4.52%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XKS2.L vs. IIND.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
XKS2.L
Xtrackers MSCI Korea UCITS ETF 1C		107.22%85.79%-21.66%13.44%-19.57%-7.21%38.65%7.36%-15.76%
IIND.L
iShares MSCI India UCITS ETF USD (Acc)		-13.04%-2.93%11.04%12.49%2.72%26.95%10.48%3.72%3.78%

Correlation

The correlation between XKS2.L and IIND.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (3Y)
Calculated over the trailing 3-year period

0.27

Correlation (5Y)
Calculated over the trailing 5-year period

0.29

Correlation (All Time)
Calculated using the full available price history since May 30, 2018

0.40

The correlation between XKS2.L and IIND.L shifts across timeframes, from 0.27 (3 years) to 0.40 (all time), reflecting how their relationship changes across market environments.

XKS2.L vs. IIND.L - Sectors Allocation Comparison

Sectors
XKS2.L
IIND.L

Technology

56.0%
8.3%

Industrials

18.7%
10.3%

Financial Services

9.2%
28.3%

Consumer Cyclical

5.7%
12.5%

Healthcare

3.0%
6.2%

Communication Services

2.6%
4.7%

Basic Materials

2.0%
8.0%

Consumer Defensive

1.4%
6.2%

Energy

1.1%
9.5%

Utilities

0.4%
4.6%

Real Estate

-

1.4%

Technology

XKS2.L
56.0%
IIND.L
8.3%

Industrials

XKS2.L
18.7%
IIND.L
10.3%

Financial Services

XKS2.L
9.2%
IIND.L
28.3%

Consumer Cyclical

XKS2.L
5.7%
IIND.L
12.5%

Healthcare

XKS2.L
3.0%
IIND.L
6.2%

Communication Services

XKS2.L
2.6%
IIND.L
4.7%

Basic Materials

XKS2.L
2.0%
IIND.L
8.0%

Consumer Defensive

XKS2.L
1.4%
IIND.L
6.2%

Energy

XKS2.L
1.1%
IIND.L
9.5%

Utilities

XKS2.L
0.4%
IIND.L
4.6%

Real Estate

XKS2.L

-

IIND.L
1.4%

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Xtrackers MSCI Korea UCITS ETF 1C

iShares MSCI India UCITS ETF USD (Acc)

Often compared with XKS2.L:
XKS2.L vs. LDAG.LXKS2.L vs. HMXD.LXKS2.L vs. UB20.LXKS2.L vs. AUAD.LXKS2.L vs. APEX.LXKS2.L vs. FLRK.LXKS2.L vs. PADV.L
Often compared with IIND.L:
IIND.L vs. FRIN.LIIND.L vs. INDAIIND.L vs. QDV5.DEIIND.L vs. FLINIIND.L vs. IS3N.DEIIND.L vs. 2B77.DEIIND.L vs. SPY

Return for Risk

XKS2.L vs. IIND.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XKS2.L
XKS2.L Risk / Return Rank: 9797
Overall Rank
XKS2.L Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
XKS2.L Sortino Ratio Rank: 9797
Sortino Ratio Rank
XKS2.L Omega Ratio Rank: 9797
Omega Ratio Rank
XKS2.L Calmar Ratio Rank: 9797
Calmar Ratio Rank
XKS2.L Martin Ratio Rank: 9797
Martin Ratio Rank
IIND.L
IIND.L Risk / Return Rank: 33
Overall Rank
IIND.L Sharpe Ratio Rank: 33
Sharpe Ratio Rank
IIND.L Sortino Ratio Rank: 33
Sortino Ratio Rank
IIND.L Omega Ratio Rank: 33
Omega Ratio Rank
IIND.L Calmar Ratio Rank: 44
Calmar Ratio Rank
IIND.L Martin Ratio Rank: 33
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XKS2.L vs. IIND.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Korea UCITS ETF 1C (XKS2.L) and iShares MSCI India UCITS ETF USD (Acc) (IIND.L). 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.

XKS2.LIIND.LDifference
Sharpe ratioReturn per unit of total volatility
6.41
-0.72

+7.13

Sortino ratioReturn per unit of downside risk
5.85
-0.96

+6.80

Omega ratioGain probability vs. loss probability

1.85

0.89

+0.96

Calmar ratioReturn relative to maximum drawdown

11.05

-0.57

+11.62

Martin ratioReturn relative to average drawdown

39.18

-1.28

+40.46

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XKS2.L vs. IIND.L - Sharpe Ratio Comparison

The current XKS2.L Sharpe Ratio is 6.41, which is higher than the IIND.L Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of XKS2.L and IIND.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

XKS2.LIIND.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

6.41

-0.72

+7.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.79

0.28

+0.51

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.38

0.30

+0.08

Drawdowns

XKS2.L vs. IIND.L - Drawdown Comparison

The maximum XKS2.L drawdown since its inception was -62.63%, which is greater than IIND.L's maximum drawdown of -36.72%. Use the drawdown chart below to compare losses from any high point for XKS2.L and IIND.L.

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Drawdown Indicators

XKS2.LIIND.LDifference

Max Drawdown

Largest peak-to-trough decline

-62.63%

-36.72%

-25.91%

Max Drawdown (1Y)

Largest decline over 1 year

-21.33%

-19.77%

-1.56%

Max Drawdown (3Y)

Largest decline over 3 years

-28.70%

-24.77%

-3.93%

Max Drawdown (5Y)

Largest decline over 5 years

-40.70%

-24.77%

-15.93%

Max Drawdown (10Y)

Largest decline over 10 years

-44.01%

—

—

Current Drawdown

Current decline from peak

-5.27%

-21.93%

+16.66%

Average Drawdown

Average peak-to-trough decline

-15.75%

-7.75%

-8.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.03%

8.85%

-2.82%

Volatility

XKS2.L vs. IIND.L - Volatility Comparison

Xtrackers MSCI Korea UCITS ETF 1C (XKS2.L) has a higher volatility of 17.29% compared to iShares MSCI India UCITS ETF USD (Acc) (IIND.L) at 6.07%. This indicates that XKS2.L's price experiences larger fluctuations and is considered to be riskier than IIND.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XKS2.LIIND.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.29%

6.07%

+11.22%

Volatility (6M)

Calculated over the trailing 6-month period

32.10%

13.29%

+18.81%

Volatility (1Y)

Calculated over the trailing 1-year period

36.79%

15.71%

+21.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.17%

16.11%

+9.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.35%

20.76%

+3.59%

XKS2.L vs. IIND.L - Expense Ratio Comparison

Both XKS2.L and IIND.L have an expense ratio of 0.65%.

Dividends

XKS2.L vs. IIND.L - Dividend Comparison

Neither XKS2.L nor IIND.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

XKS2.L and IIND.L have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

XKS2.L and IIND.L have the same expense ratio: 0.65% per year.

XKS2.L tracks MSCI Korea NR USD, while IIND.L tracks MSCI India NR USD. They also come from different issuers: Xtrackers and iShares.

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