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Equal WeightParent: Nifty 500

Nifty500 Equal Weight

Total Return Index · Available history 01-04-2005 to 28-10-2026 · 5,351 observations

Compare with Nifty 500Backtest Hero?

Launch date: 31-05-2024. 88.8% of this index's trading days are NSE's pre-launch backtest (marked BT, shaded on the charts). Backtests can benefit from hindsight; post-launch index returns are still not fund returns. Source: Curated catalog launch_date (not independently reverified).

BT = Backtested history by NSE— = not enough history

Nifty500 Equal Weight and Nifty 500 on the same 5,351 observed dates, 01-04-2005 – 28-10-2026.

CAGR
14.3%BT
Nifty 500: 13.6%
Annualized volatility
20.6%BT
Nifty 500: 20.1%
Max drawdown
-70.2%BT
Nifty 500: -63.7%
Sharpe
0.53BT
Nifty 500: 0.50
Sortino
0.70BT
Nifty 500: 0.69
Median rolling 5Y CAGR
14.0%BT
Nifty 500: 13.4%

Drawdown and recovery

Full history of Nifty500 Equal Weight, 01-04-2005 – 28-10-2026. A drawdown is the fall from the highest close before it.

BT = Backtested history by NSE— = not enough history

Current drawdown
-9.8%
High on 10-08-2026
Gain needed to recover
10.9%
From the latest close back to the high
Time below high
3m
Since the last high
Worst decline
-70.2%
07-01-2008 to 09-03-2009; recovered 17-08-2010 (2y 7m after the high)BT
Longest time below a high
3y 6m
10-11-2010 to 20-05-2014BT
Time spent below a high
90.7%
7 declines of 20% or more

Outcomes by holding period

Every rolling window in the full history, ending on each trading day. Windows overlap, so this describes the past rather than predicting the future.

BT = Backtested history by NSE— = not enough history

Held forLost moneyMedian CAGRWorst CAGRBest CAGRWindows
1 year30.5%9.1%-63.4%196.5%5,094
3 years14.7%15.9%-16.9%42.8%4,580
5 years1.4%14.0%-5.1%37.5%4,106
7 years0.0%12.6%4.3%25.3%3,606
10 years0.0%13.7%2.4%20.3%2,862

Lost money: share of windows with a negative annualized return.

Versus Nifty 500

On the shared dates 01-04-2005 – 28-10-2026, using month-end returns for capture.

BT = Backtested history by NSE— = not enough history

Upside capture
115.9%
Average of 162 months Nifty 500 rose
Downside capture
119.4%
Average of 96 months Nifty 500 fell; lower is better
Months ahead
50.8%
Beat Nifty 500 in this share of 258 months
Longest stretch behind
12y 3m
Relative wealth below its high, 31-08-2005 to 30-11-2017

Now 5.2% behind its best point relative to Nifty 500, for 8y 10m. Relative wealth was below an earlier peak on 99.0% of shared trading days.

Backtest Hero? · vs its own history

31-05-2024 – 28-10-2026 · 2 years 4 months 28 days. Compared with 4,150 equal-length periods from the pre-launch backtest. Difference in CAGR versus Nifty 500: +0.2 pp.
Open full analysis
CAGR
2.5%
Historical percentile 25.8median 16.0%
Volatility
17.8%
Historical percentile 40.8median 18.6%
Max drawdown
-23.7%
Historical percentile 70.2median -32.4%
Sharpe
-0.05
Historical percentile 24.8median 0.59

Growth of 100

On 5,351 shared dates from 01-04-2005: 100 became 1,793 vs 1,554 in Nifty 500. Shaded: backtested history before launch.

Drawdown

Percentage decline from the previous peak.

Rolling 3Y CAGR

Calendar-anniversary rolling annualized return. Shared input history starts 01-04-2005; the first plotted rolling-return observation is 04-04-2008, after a complete 3Y-year window.

Rolling 1-year volatility

Up to 252 daily observations, minimum 126, annualized. First plotted observation: 30-09-2005.

Calendar-year returns

Nifty500 Equal Weight vs Nifty 500; the difference is in percentage points (pp). Incomplete historical years are labeled (partial); the ongoing year is labeled (YTD). Hover a year for its actual dates.
YearNifty500 Equal WeightNifty 500Difference
2026 (YTD)-3.6%-8.2%
+4.7 pp
2025+1.0%+7.8%
-6.7 pp
2024+23.1%+16.2%
+6.9 pp
2023+42.5%+26.9%
+15.5 pp
2022+1.6%+4.2%
-2.6 pp
2021+50.2%+31.6%
+18.6 pp
2020+27.1%+17.9%
+9.2 pp
2019-6.9%+9.0%
-15.8 pp
2018-21.4%-2.1%
-19.2 pp
2017+51.3%+37.7%
+13.6 pp
2016+2.5%+5.1%
-2.6 pp
2015+7.2%+0.2%
+7.0 pp
2014+62.4%+39.3%
+23.1 pp
2013-6.7%+4.8%
-11.5 pp
2012+38.6%+33.5%
+5.2 pp
2011-34.1%-26.4%
-7.7 pp
2010+21.1%+15.3%
+5.9 pp
2009+132.6%+91.0%
+41.6 pp
2008-61.8%-56.5%
-5.2 pp
2007+68.6%+64.6%
+4.1 pp
2006+20.4%+36.2%
-15.7 pp
2005 (partial)+46.6%+38.5%
+8.2 pp