NDIA vs FAAA

Comparison between GLOBAL X INDIA ACTIVE ETF (NDIA, ETF) and FIDELITY AAA CLO ETF (FAAA, ETF).

NDIA vs FAAA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NDIA(ETF)	FAAA(ETF)
Net Assets	$60M	$60M
Expense Ratio	0.75%	N/A
Max Drawdown	25.61%	0.76%
Sharpe Ratio	-0.88	1.62
5Y Beta	0.53	0.00

Net Assets

NDIA

$60M

Winner

FAAA

$60M

Expense Ratio

NDIA

0.75%

FAAA

N/A

Max Drawdown

NDIA

25.61%

Winner

FAAA

0.76%

Sharpe Ratio

NDIA

-0.88

Winner

FAAA

1.62

5Y Beta

NDIA

0.53

Winner

FAAA

0.00

NDIA vs FAAA - Historical Returns

Returns include dividend reinvestment.

Period	NDIA	FAAA
1 month	-1.34%	+0.49%
3 months	-3.75%	+1.39%
6 months	-6.61%	+2.25%
1 year	-11.51%	N/A
Max(CAGR)	+3.73%	+5.18%

NDIA

-1.34%

Winner

FAAA

+0.49%

NDIA

-3.75%

Winner

FAAA

+1.39%

NDIA

-6.61%

Winner

FAAA

+2.25%

NDIA

-11.51%

FAAA

N/A

Max(CAGR)

NDIA

+3.73%

Winner

FAAA

+5.18%

NDIA vs FAAA - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	NDIA	FAAA
2026	-11.56%	+2.25%
2025	+3.11%	N/A
2024	+6.35%	N/A
2023	+12.71%	N/A

NDIA vs FAAA Drawdown Comparison

The maximum drawdown for NDIA was -22.04%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for FAAA was -0.55%, occurring on Mar 5, 2026. Recovery took 23 trading sessions.

The current NDIA drawdown is -17.56%.

Rank	NDIA	FAAA
#1	-22.04% Sep 23, 2024 - Mar 30, 2026	-0.55% Feb 26, 2026 - Mar 31, 2026
#2	-5.85% Sep 14, 2023 - Nov 28, 2023	-0.09% Apr 2, 2026 - Apr 9, 2026
#3	-5.35% Jun 3, 2024 - Jun 12, 2024	-0.07% May 1, 2026 - May 7, 2026
#4	-4.54% Jul 31, 2024 - Aug 30, 2024	-0.06% Jun 11, 2026 - Jun 17, 2026
#5	-3.96% Mar 7, 2024 - May 23, 2024	-0.03% Feb 13, 2026 - Feb 19, 2026
#6	-2.87% Dec 19, 2023 - Dec 27, 2023	-0.03% Jun 26, 2026 - Jul 2, 2026
#7	-2.62% Jan 12, 2024 - Jan 29, 2024	-0.02% May 15, 2026 - May 19, 2026
#8	-2.12% May 24, 2024 - Jun 3, 2024	-0.01% Jul 6, 2026 - Jul 8, 2026
#9	-1.97% Feb 6, 2024 - Feb 16, 2024	-0.01% Jun 8, 2026 - Jun 11, 2026
#10	-1.81% Sep 4, 2024 - Sep 12, 2024	-0.01% May 22, 2026 - May 27, 2026
#11	-1.65% Jul 16, 2024 - Jul 26, 2024	-0.01% Jun 18, 2026 - Jun 23, 2026
#12	-1.29% Jan 29, 2024 - Feb 6, 2024	N/A
#13	-1.23% Feb 23, 2024 - Mar 1, 2024	N/A
#14	-1.20% Dec 28, 2023 - Jan 5, 2024	N/A
#15	-1.11% Aug 23, 2023 - Sep 5, 2023	N/A

Correlation

Correlation between NDIA and FAAA is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.34

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