Equity: India - Total Market
ETF.com Insight
With 4 ETFs and over $5.27B in combined AUM, the Equity: India - Total Market segment provides exposure to the India space with a focus on Total Market securities.
Year-to-date, the best-performing ETF in the segment is the WisdomTree India Earnings Fund (EPI), with a total return of -5.28%. Meanwhile, the most popular ETF is the iShares MSCI India ETF (INDA) with $4.42BB in assets under management.
Investors should take a look at the Franklin FTSE India ETF (FLIN). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. FLIN tracks a market cap-weighted index of large- and mid-cap Indian securities. FLIN has an expense ratio of 0.19% and tracks the FTSE India RIC Capped Index.
ETF.com Efficiency Insight
The average efficiency score in the Equity: India - Total Market segment is 63 out of 100, with the Franklin FTSE India ETF(FLIN) obtaining the highest rating of 79 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.56% per year, with the Franklin FTSE India ETF (FLIN) having the lowest expense ratio, charging investors 0.19% yearly.
Investors should look for funds with tight tracking, such as the Franklin FTSE India ETF (FLIN), with a 12-month median tracking difference of -0.14%.
Tracking Difference (12 Month)
ETF.com Tradability Insight
The average tradability score in the Equity: India - Total Market segment is 54 out of 100, with the WisdomTree India Earnings Fund(EPI) obtaining the highest rating of 73 out of 100.
The iShares MSCI India ETF (INDA) is the undisputed segment leader when it comes to liquidity. The fund trades 118.63M in daily average volume. Investors should also find ample liquidity in the WisdomTree India Earnings Fund (EPI), with $10.25M in daily dollar volume.
Use limit orders to trade funds such as the Franklin FTSE India ETF(FLIN), due to their double-digit market spreads.
ETF.com/ Block Liquidity
ETF.com Fit Insight
The MSCI India IMI has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to FLIN. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, EPI follows a Fundamental strategy and obtains a low Fit score compared with our neutral benchmark.