XSLV vs IIF

Comparison between INVESCO S&P SMALLCAP LOW VOLATILITY ETF (XSLV, ETF) and Morgan Stanley India Investment Fund Inc (IIF, ETF).

5-Year PerformanceIIF has outperformed XSLV, delivering a return of +9.0% compared to +5.2%

XSLV vs IIF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XSLV(ETF)	IIF(ETF)
Net Assets	$243M	$242M
Expense Ratio	0.25%	N/A
Max Drawdown	45.26%	85.15%
Sharpe Ratio	1.14	-0.83
5Y Beta	0.56	0.46
P/E Ratio	18.51	N/A
Forward P/E	15.87	N/A
5Y Dividends CAGR	11.21%	128.74%
5Y EPS CAGR	5.01%	N/A
Debt to Equity	42.25%	N/A
P/S Ratio	1.81	N/A
P/B Ratio	1.54	N/A

Net Assets

Winner

XSLV

$243M

IIF

$242M

Expense Ratio

XSLV

0.25%

IIF

N/A

Max Drawdown

Winner

XSLV

45.26%

IIF

85.15%

Sharpe Ratio

Winner

XSLV

1.14

IIF

-0.83

5Y Beta

XSLV

0.56

Winner

IIF

0.46

P/E Ratio

XSLV

18.51

IIF

N/A

Forward P/E

XSLV

15.87

IIF

N/A

5Y Dividends CAGR

XSLV

11.21%

Winner

IIF

128.74%

5Y EPS CAGR

XSLV

5.01%

IIF

N/A

Debt to Equity

XSLV

42.25%

IIF

N/A

P/S Ratio

XSLV

1.81

IIF

N/A

P/B Ratio

XSLV

1.54

IIF

N/A

XSLV vs IIF - Historical Returns

Returns include dividend reinvestment.

Period	XSLV	IIF
1 month	+5.52%	+1.69%
3 months	+8.28%	+1.87%
6 months	+11.15%	-3.26%
1 year	+19.88%	-10.22%
5 years(CAGR)	+5.19%	+9.04%
10 years(CAGR)	+6.01%	+8.09%
Max(CAGR)	+8.20%	+13.74%

Winner

XSLV

+5.52%

IIF

+1.69%

Winner

XSLV

+8.28%

IIF

+1.87%

Winner

XSLV

+11.15%

IIF

-3.26%

Winner

XSLV

+19.88%

IIF

-10.22%

5Y(CAGR)

XSLV

+5.19%

Winner

IIF

+9.04%

10Y(CAGR)

XSLV

+6.01%

Winner

IIF

+8.09%

Max(CAGR)

XSLV

+8.20%

Winner

IIF

+13.74%

XSLV vs IIF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	XSLV	IIF
2026	+16.22%	-9.18%
2025	+1.00%	+5.62%
2024	+9.74%	+30.11%
2023	+0.99%	+21.08%
2022	-12.21%	-10.32%
2021	+30.14%	+30.04%
2020	-17.01%	+5.23%
2019	+22.71%	+0.04%
2018	-5.35%	-21.78%
2017	+8.33%	+50.17%
2016	+34.46%	+8.14%
2015	+3.05%	-6.26%
2014	+12.21%	+58.58%
2013	+25.16%	-7.61%
2012	N/A	+27.71%
2011	N/A	-43.26%
2010	N/A	+22.07%
2009	N/A	+68.48%
2008	N/A	-55.37%
2007	N/A	+77.20%
2006	N/A	+43.07%
2005	N/A	+31.95%
2004	N/A	+16.57%
2003	N/A	+170.13%
2002	N/A	+14.42%
2001	N/A	-11.08%
2000	N/A	-26.41%
1999	N/A	+36.82%

XSLV vs IIF Drawdown Comparison

The maximum drawdown for XSLV was -44.30%, occurring on Mar 23, 2020. Recovery took 451 trading sessions.

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

The current XSLV drawdown is -1.42%. The current IIF drawdown is -13.23%.

Rank	XSLV	IIF
#1	-44.30% Jan 17, 2020 - Nov 1, 2021	-66.78% Jan 2, 2008 - Oct 4, 2010
#2	-24.74% Jan 4, 2022 - Nov 6, 2024	-59.10% Jan 23, 2018 - Aug 30, 2021
#3	-18.67% Aug 31, 2018 - Sep 13, 2019	-54.90% Feb 8, 2000 - Aug 22, 2003
#4	-18.34% Nov 25, 2024 - Feb 5, 2026	-49.86% Nov 5, 2010 - Nov 18, 2014
#5	-11.04% Dec 1, 2015 - Mar 30, 2016	-36.83% May 10, 2006 - Jul 9, 2007
#6	-9.75% Nov 29, 2017 - May 24, 2018	-34.47% Jan 13, 2004 - Dec 21, 2004
#7	-8.88% Jul 16, 2015 - Oct 23, 2015	-28.32% Mar 5, 2015 - Feb 2, 2017
#8	-7.54% Jul 1, 2014 - Oct 30, 2014	-24.17% Jun 27, 2025 - Mar 30, 2026
#9	-7.46% Feb 6, 2026 - Apr 17, 2026	-23.35% Jan 12, 2022 - Dec 6, 2023
#10	-6.47% Jul 23, 2013 - Oct 11, 2013	-21.21% Sep 19, 2005 - Jan 6, 2006
#11	-6.38% Sep 7, 2016 - Nov 11, 2016	-17.77% Mar 4, 2005 - Jun 22, 2005
#12	-6.11% Nov 11, 2021 - Dec 27, 2021	-17.61% Sep 27, 2024 - Jun 11, 2025
#13	-5.91% Jan 22, 2014 - Mar 4, 2014	-15.76% Nov 4, 2003 - Dec 1, 2003
#14	-5.76% Apr 2, 2014 - Jun 6, 2014	-15.75% Jul 23, 2007 - Sep 19, 2007
#15	-5.62% Mar 23, 2015 - Jul 16, 2015	-15.56% Oct 29, 2007 - Dec 5, 2007

Correlation

Correlation between XSLV and IIF is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2000 - 2026)

XSLV vs IIF dividend yield comparison.

Year	XSLV	IIF
2026	0.82%	0.00%
2025	2.14%	7.95%
2024	2.55%	10.67%
2023	2.35%	14.61%
2022	2.78%	19.62%
2021	1.05%	3.75%
2020	2.49%	0.02%
2019	2.43%	0.14%
2018	2.75%	30.40%
2017	1.87%	15.23%
2016	1.96%	4.46%
2015	2.20%	0.16%
2014	2.39%	0.00%
2013	1.59%	0.00%
2011	0.00%	8.41%
2010	0.00%	9.64%
2008	0.00%	152.11%
2007	0.00%	52.30%
2006	0.00%	10.43%
2005	0.00%	10.39%
2004	0.00%	0.30%
2003	0.00%	0.75%
2002	0.00%	0.13%
2001	0.00%	12.29%
2000	0.00%	14.49%