XNIF.L vs. ^NIFTY500

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers Nifty 50 Swap UCITS ETF 1C (XNIF.L) and Nifty 500 (^NIFTY500).

XNIF.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI India NR USD. It was launched on Jul 5, 2007.

Performance

XNIF.L vs. ^NIFTY500 - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers Nifty 50 Swap UCITS ETF 1C (XNIF.L) and Nifty 500 (^NIFTY500). The values are adjusted to include any dividend payments, if applicable.

XNIF.L vs. ^NIFTY500 - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XNIF.L Xtrackers Nifty 50 Swap UCITS ETF 1C	-15.73%	-1.71%	6.70%	11.98%	5.08%	23.10%	6.44%	6.11%	-1.17%	23.90%
^NIFTY500 Nifty 500	-14.07%	-5.64%	13.96%	18.86%	4.46%	27.94%	10.79%	0.97%	-6.21%	32.18%

Different Trading Currencies

XNIF.L is traded in GBp, while ^NIFTY500 is traded in INR. To make them comparable, the ^NIFTY500 values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XNIF.L achieves a -15.73% return, which is significantly lower than ^NIFTY500's -14.07% return. Over the past 10 years, XNIF.L has underperformed ^NIFTY500 with an annualized return of 7.67%, while ^NIFTY500 has yielded a comparatively higher 9.52% annualized return.

XNIF.L

• 1D: 0.96%
• 1M: -9.35%
• YTD: -15.73%
• 6M: -12.40%
• 1Y: -13.43%
• 3Y*: 1.91%
• 5Y*: 4.12%
• 10Y*: 7.67%

^NIFTY500

• 1D: 2.59%
• 1M: -8.93%
• YTD: -14.07%
• 6M: -11.67%
• 1Y: -11.24%
• 3Y*: 5.66%
• 5Y*: 6.59%
• 10Y*: 9.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

XNIF.L vs. ^NIFTY500 — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XNIF.L

XNIF.L Risk / Return Rank: 1
XNIF.L Sharpe Ratio Rank: 1
XNIF.L Sortino Ratio Rank: 1
XNIF.L Omega Ratio Rank: 1
XNIF.L Calmar Ratio Rank: 2
XNIF.L Martin Ratio Rank: 0

^NIFTY500

^NIFTY500 Risk / Return Rank: 10
^NIFTY500 Sharpe Ratio Rank: 12
^NIFTY500 Sortino Ratio Rank: 12
^NIFTY500 Omega Ratio Rank: 12
^NIFTY500 Calmar Ratio Rank: 9
^NIFTY500 Martin Ratio Rank: 7

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.

XNIF.L vs. ^NIFTY500 - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nifty 50 Swap UCITS ETF 1C (XNIF.L) and Nifty 500 (^NIFTY500). 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.

	XNIF.L	^NIFTY500	Difference
Sharpe ratio Return per unit of total volatility	-0.89	-0.68	-0.21
Sortino ratio Return per unit of downside risk	-1.22	-0.86	-0.36
Omega ratio Gain probability vs. loss probability	0.86	0.89	-0.03
Calmar ratio Return relative to maximum drawdown	-0.66	-0.64	-0.01
Martin ratio Return relative to average drawdown	-2.01	-2.06	+0.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XNIF.L vs. ^NIFTY500 - Sharpe Ratio Comparison

The current XNIF.L Sharpe Ratio is -0.89, which is lower than the ^NIFTY500 Sharpe Ratio of -0.68. The chart below compares the historical Sharpe Ratios of XNIF.L and ^NIFTY500, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XNIF.L	^NIFTY500	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	-0.68	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.42	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.53	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.35	-0.09

Correlation

The correlation between XNIF.L and ^NIFTY500 is 0.70, 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.

Drawdowns

XNIF.L vs. ^NIFTY500 - Drawdown Comparison

The maximum XNIF.L drawdown since its inception was -58.56%, smaller than the maximum ^NIFTY500 drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for XNIF.L and ^NIFTY500.

Drawdown Indicators

	XNIF.L	^NIFTY500	Difference
Max Drawdown Largest peak-to-trough decline	-58.56%	-68.02%	+9.46%
Max Drawdown (1Y) Largest decline over 1 year	-20.90%	-14.82%	-6.08%
Max Drawdown (5Y) Largest decline over 5 years	-23.62%	-18.84%	-4.78%
Max Drawdown (10Y) Largest decline over 10 years	-38.55%	-38.30%	-0.25%
Current Drawdown Current decline from peak	-22.14%	-14.54%	-7.60%
Average Drawdown Average peak-to-trough decline	-13.34%	-21.66%	+8.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.83%	3.62%	+3.21%

Volatility

XNIF.L vs. ^NIFTY500 - Volatility Comparison

The current volatility for Xtrackers Nifty 50 Swap UCITS ETF 1C (XNIF.L) is 5.77%, while Nifty 500 (^NIFTY500) has a volatility of 8.38%. This indicates that XNIF.L experiences smaller price fluctuations and is considered to be less risky than ^NIFTY500 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XNIF.L	^NIFTY500	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.77%	8.38%	-2.61%
Volatility (6M) Calculated over the trailing 6-month period	10.64%	12.50%	-1.86%
Volatility (1Y) Calculated over the trailing 1-year period	15.06%	16.60%	-1.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.72%	16.07%	-0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.36%	18.36%	+2.00%