^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.
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
Key characteristics
^BSE500:
0.64
INDA:
0.22
^BSE500:
0.90
INDA:
0.39
^BSE500:
1.14
INDA:
1.05
^BSE500:
0.66
INDA:
0.21
^BSE500:
1.84
INDA:
0.58
^BSE500:
5.33%
INDA:
5.42%
^BSE500:
15.19%
INDA:
13.94%
^BSE500:
-38.39%
INDA:
-45.06%
^BSE500:
-11.08%
INDA:
-12.50%
Returns By Period
The year-to-date returns for both investments are quite close, with ^BSE500 having a -2.41% return and INDA slightly higher at -2.30%. Over the past 10 years, ^BSE500 has outperformed INDA with an annualized return of 12.11%, while INDA has yielded a comparatively lower 6.16% annualized return.
^BSE500
-2.41%
-3.82%
-3.16%
9.45%
16.84%
12.11%
INDA
-2.30%
-3.64%
-5.93%
3.38%
9.41%
6.16%
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Risk-Adjusted Performance
^BSE500 vs. INDA — Risk-Adjusted Performance Rank
^BSE500
INDA
^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
S&P BSE-500 (^BSE500) has a higher volatility of 6.06% compared to iShares MSCI India ETF (INDA) at 3.64%. This indicates that ^BSE500's price experiences larger fluctuations and is considered to be riskier than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.