^BSE500 vs. INDA
Compare and contrast key facts about S&P BSE-500 (^BSE500) and iShares MSCI India ETF (INDA).
INDA is a passively managed fund by iShares that tracks the performance of the MSCI India Index. It was launched on Feb 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^BSE500 or INDA.
Key characteristics
| ^BSE500 | INDA | |
|---|---|---|
| YTD Return | 22.62% | 18.13% |
| 1Y Return | 34.92% | 28.13% |
| 3Y Return (Ann) | 16.47% | 7.65% |
| 5Y Return (Ann) | 21.06% | 13.27% |
| 10Y Return (Ann) | 13.98% | 7.68% |
| Sharpe Ratio | 2.66 | 2.00 |
| Daily Std Dev | 14.15% | 13.81% |
| Max Drawdown | -38.39% | -45.06% |
| Current Drawdown | -0.37% | -0.81% |
Correlation
The correlation between ^BSE500 and INDA is 0.66, 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
^BSE500 vs. INDA - Performance Comparison
In the year-to-date period, ^BSE500 achieves a 22.62% return, which is significantly higher than INDA's 18.13% return. Over the past 10 years, ^BSE500 has outperformed INDA with an annualized return of 13.98%, while INDA has yielded a comparatively lower 7.68% 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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Risk-Adjusted Performance
^BSE500 vs. INDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE-500 (^BSE500) and iShares MSCI India ETF (INDA). 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.
Drawdowns
^BSE500 vs. INDA - Drawdown Comparison
The maximum ^BSE500 drawdown since its inception was -38.39%, smaller than the maximum INDA drawdown of -45.06%. Use the drawdown chart below to compare losses from any high point for ^BSE500 and INDA. For additional features, visit the drawdowns tool.
Volatility
^BSE500 vs. INDA - Volatility Comparison
The current volatility for S&P BSE-500 (^BSE500) is 2.29%, while iShares MSCI India ETF (INDA) has a volatility of 2.60%. This indicates that ^BSE500 experiences smaller price fluctuations and is considered to be less risky than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.