INDY
iShares India 50 ETF
iShares S&P India Nifty 50 Index Fund investment results that correspond to the price and yield performance of the S&P CNX Nifty Index.
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
952.1 M
ASSETS UNDER MGMT
89 bp
EXPENSES
Fund Basics
Fund sponsor | BlackRock Fund Advisors |
Category | Emerging |
Asset class | Equity |
Website | link... |
Inception date | Nov 18, 2009 |
Assets (mns) | $952 |
Expense ratio | 89 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Semi-Annually |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
RELIANCE INDUSTRIES LTD | 16.8 % |
HDFC BANK LIMITED | 11.0 % |
ICICI BANK LTD | 7.5 % |
INFOSYS TECHNOLOGIES LTD | 5.6 % |
ITC LTD | 3.6 % |
LARSEN & TOUBRO LIMITED | 3.5 % |
BHARTI AIRTEL LIMITED | 3.5 % |
TATA CONSULTANCY SVS LTD | 3.5 % |
AXIS BANK LIMITED | 2.6 % |
STATE BANK OF INDIA | 2.6 % |
Constituent Breakdown
Number of holdings | 50 |
Herfindahl-Hirschman Index | 604 |
Wgt avg mkt cap (mns) | $100,462 |
Large cap (>$10bn) | 99.5% |
Mid cap ($2-10bn) | 0.5% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 0.0% |
Emerging mkts. | 100.0% |
Country Exposure
INDIA | 98.0 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 6.7% | 13.6% | 8.6% | 5.8% | 9.2% | 6.6% | 6.2% | Volatility | 13.7% | 13.2% | 12.4% | 15.5% | 22.4% | 20.7% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.53 | 57% |
MSCI EAFE | 0.49 | 46% |
MSCI Emg Mkts | 0.45 | 39% |
Liquidity Measures
Avg. volume (000) | 76 |
Turnover | 0.4% |
Avg. Bid/Ask (% of price) | 0.14% |
ADV of underlying (mns) | $542 |
Technical Indicators
Recent close | $53.19 |
30d moving avg. | $54.95 |
Annualized volatility | 12.5% |
Relative strength (RSI) | 43 |
Short interest (ETF) | 2.7% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. INDY |
Expenses vs. INDY |
ALTAR Score™ vs. INDY |
---|---|---|---|---|
PIN | Invesco India ETF | 74.9% | -11 bp | 0.0% |
INDA | iShares MSCI India ETF | 68.8% | -24 bp | -0.1% |
NFTY | First Trust India NIFTY 50 Equal Weight ETF | 59.5% | -9 bp | +1.9% |
FLIN | Franklin FTSE India ETF | 53.1% | -70 bp | +0.4% |
EPI | WisdomTree India Earnings Fund | 44.7% | -4 bp | +1.7% |
INDF | Nifty India Financials ETF | 29.5% | -14 bp | +0.9% |
STXE | Strive Emerging Markets Ex-China ETF | 29.5% | -57 bp | +2.6% |
NDIA | Global X India Active ETF | 28.7% | -14 bp | +2.9% |
RNEM | First Trust Emerging Markets Equity Select ETF | 28.0% | -14 bp | +3.0% |
BKF | iShares MSCI BIC ETF | 27.8% | -20 bp | +2.5% |
Risk and Returns: INDY vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/4/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
INDY
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
INDY
4.1%
Cat. Avg
7.6%
ALTAR Score™ Calculation
Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.6% and a standard deviation of
4.0%. INDY's ALTAR Score™ is approximately
0.9 standard deviations
below
the category average. This places INDY in the 19th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
INDYSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Passive Emerging Market Equity ETFs |
# of ETFs | 53 |
Avg. Expense Ratio | 52.8 bp |
Std. Deviation | 23.2 bp |
INDY (89 bp) Percentile rank | 94 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
INDY | 89.0 | 14.2 | 103.2 |
Peer Avg. | 57.4 | 20.9 | 78.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .