IIF vs JULW

Comparison between Morgan Stanley India Investment Fund Inc (IIF, ETF) and ALLIANZIM U.S. EQUITY BUFFER20 JUL ETF (JULW, ETF).

5-Year PerformanceJULW has outperformed IIF, delivering a return of +9.0% compared to +8.7%

IIF vs JULW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IIF(ETF)	JULW(ETF)
Net Assets	$232M	$233M
Expense Ratio	N/A	0.74%
Max Drawdown	85.15%	9.49%
Sharpe Ratio	-1.19	1.72
5Y Beta	0.47	0.43
5Y Dividends CAGR	128.74%	N/A

Net Assets

IIF

$232M

Winner

JULW

$233M

Expense Ratio

IIF

N/A

JULW

0.74%

Max Drawdown

IIF

85.15%

Winner

JULW

9.49%

Sharpe Ratio

IIF

-1.19

Winner

JULW

1.72

5Y Beta

IIF

0.47

Winner

JULW

0.43

5Y Dividends CAGR

IIF

128.74%

JULW

N/A

IIF vs JULW - Historical Returns

Returns include dividend reinvestment.

Period	IIF	JULW
1 month	+4.19%	+0.59%
3 months	+2.38%	+4.06%
6 months	-9.69%	+4.68%
1 year	-12.79%	+11.99%
5 years(CAGR)	+8.65%	+9.00%
10 years(CAGR)	+8.33%	N/A
Max(CAGR)	+13.71%	+9.05%

Winner

IIF

+4.19%

JULW

+0.59%

IIF

+2.38%

Winner

JULW

+4.06%

IIF

-9.69%

Winner

JULW

+4.68%

IIF

-12.79%

Winner

JULW

+11.99%

5Y(CAGR)

IIF

+8.65%

Winner

JULW

+9.00%

10Y(CAGR)

IIF

+8.33%

JULW

N/A

Max(CAGR)

Winner

IIF

+13.71%

JULW

+9.05%

IIF vs JULW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IIF	JULW
2026	-11.01%	+4.07%
2025	+5.62%	+11.62%
2024	+30.11%	+12.61%
2023	+21.08%	+16.11%
2022	-10.32%	-1.85%
2021	+30.04%	+4.97%
2020	+5.23%	+6.92%
2019	+0.04%	N/A
2018	-21.78%	N/A
2017	+50.17%	N/A
2016	+8.14%	N/A
2015	-6.26%	N/A
2014	+58.58%	N/A
2013	-7.61%	N/A
2012	+27.71%	N/A
2011	-43.26%	N/A
2010	+22.07%	N/A
2009	+68.48%	N/A
2008	-55.37%	N/A
2007	+77.20%	N/A
2006	+43.07%	N/A
2005	+31.95%	N/A
2004	+16.57%	N/A
2003	+170.13%	N/A
2002	+14.42%	N/A
2001	-11.08%	N/A
2000	-26.41%	N/A
1999	+36.82%	N/A

IIF vs JULW Drawdown Comparison

The maximum drawdown for IIF was -66.78%, occurring on Nov 20, 2008. Recovery took 694 trading sessions.

The maximum drawdown for JULW was -9.49%, occurring on Apr 8, 2025. Recovery took 72 trading sessions.

The current IIF drawdown is -14.98%.

Rank	IIF	JULW
#1	-66.78% Jan 2, 2008 - Oct 4, 2010	-9.49% Feb 19, 2025 - Jun 3, 2025
#2	-59.10% Jan 23, 2018 - Aug 30, 2021	-6.50% Aug 16, 2022 - Jan 13, 2023
#3	-54.90% Feb 8, 2000 - Aug 22, 2003	-4.68% Jan 3, 2022 - Aug 12, 2022
#4	-49.86% Nov 5, 2010 - Nov 18, 2014	-4.54% Jul 28, 2023 - Nov 14, 2023
#5	-36.83% May 10, 2006 - Jul 9, 2007	-3.54% Jul 16, 2024 - Aug 19, 2024
#6	-34.47% Jan 13, 2004 - Dec 21, 2004	-3.52% Feb 7, 2023 - Mar 31, 2023
#7	-28.32% Mar 5, 2015 - Feb 2, 2017	-2.96% Feb 26, 2026 - Apr 8, 2026
#8	-24.17% Jun 27, 2025 - Mar 30, 2026	-2.16% Oct 12, 2020 - Nov 5, 2020
#9	-23.35% Jan 12, 2022 - Dec 6, 2023	-2.11% Sep 2, 2020 - Oct 9, 2020
#10	-21.21% Sep 19, 2005 - Jan 6, 2006	-1.88% Aug 30, 2024 - Sep 16, 2024
#11	-17.77% Mar 4, 2005 - Jun 22, 2005	-1.56% May 1, 2023 - May 17, 2023
#12	-17.61% Sep 27, 2024 - Jun 11, 2025	-1.49% Nov 16, 2021 - Dec 10, 2021
#13	-15.76% Nov 4, 2003 - Dec 1, 2003	-1.44% Oct 28, 2025 - Nov 28, 2025
#14	-15.75% Jul 23, 2007 - Sep 19, 2007	-1.42% Apr 11, 2024 - May 3, 2024
#15	-15.56% Oct 29, 2007 - Dec 5, 2007	-1.33% May 18, 2023 - May 26, 2023

Correlation

Correlation between IIF and JULW is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2000 - 2025)

IIF vs JULW dividend yield comparison.

Year	IIF	JULW
2025	7.95%	0.00%
2024	10.67%	0.00%
2023	14.61%	0.00%
2022	19.62%	0.00%
2021	3.75%	0.00%
2020	0.02%	3.04%
2019	0.14%	0.00%
2018	30.40%	0.00%
2017	15.23%	0.00%
2016	4.46%	0.00%
2015	0.16%	0.00%
2011	8.41%	0.00%
2010	9.64%	0.00%
2008	152.11%	0.00%
2007	52.30%	0.00%
2006	10.43%	0.00%
2005	10.39%	0.00%
2004	0.30%	0.00%
2003	0.75%	0.00%
2002	0.13%	0.00%
2001	12.29%	0.00%
2000	14.49%	0.00%