Application of data envelopment analysis on Indian  gold ETFs

Dwivedi, Amitkumar; Acharya, Satya Ranjan; Panchal, Bhumika Darshak

dc.contributor.author	Dwivedi, Amitkumar
dc.contributor.author	Acharya, Satya Ranjan
dc.contributor.author	Panchal, Bhumika Darshak
dc.date.accessioned	2016-09-01T08:22:16Z
dc.date.available	2016-09-01T08:22:16Z
dc.date.issued	2015-04
dc.identifier.uri	http://localhost:8080/xmlui/handle.net/123456789/5648
dc.description.abstract	This research article investigates efficacy of five gold exchange traded funds (ETFs) vis-a-vis four index ETFs during 2009 to 2013. The objective is to analyse the performances of commodity-based funds. The prices of ETFs are collected from their respective websites and were selected based on the time period of analysis. The analysis is done with the help of data envelopment analysis (DEA). The standard deviation (risk) and maximum drawdown has been taken as input variable; annual return and risk adjusted return has been taken as output variables. The analysis clearly identified that index funds are performing better in compare to gold funds. Index ETFs are efficient in reducing the risk, whereas gold ETFs are efficient in increasing the returns.	en_US
dc.language.iso	en	en_US
dc.publisher	International Journal of Business Continuity and Risk Management	en_US
dc.relation.ispartofseries	Vol -6 No.2;
dc.subject	gold ETFs	en_US
dc.subject	index ETFs	en_US
dc.subject	data envelopment analysis	en_US
dc.subject	DEA	en_US
dc.title	Application of data envelopment analysis on Indian gold ETFs	en_US
dc.type	Article	en_US