Equity: India - Total Market

INDA Top Performer Intra-day
Price $30.37
Today’s Change 2.36%
4:00pm 07/02/2020
IXSE Bottom Performer Intra-day
Price $22.16
Today’s Change 1.84%
4:00pm 07/02/2020

ETF.com Insight

With 5 ETFs and over $3.43B 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 iPath MSCI India Index ETN (INPTF), with a total return of -3.71%. Meanwhile, the most popular ETF is the iShares MSCI India ETF (INDA) with $2.74BB in assets under management.

Investors should take a look at the iShares MSCI India ETF (INDA). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. INDA tracks a market-cap-weighted index of the top 85% of firms in the Indian securities market. INDA has an expense ratio of 0.69% and tracks the MSCI India Index.

ETF.com Efficiency Insight

The average efficiency score in the Equity: India - Total Market segment is 73 out of 100, with the iShares MSCI India ETF(INDA) obtaining the highest rating of 81 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.64% 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 iShares MSCI India ETF (INDA), with a 12-month median tracking difference of -0.28%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: India - Total Market segment is 42 out of 100, with the WisdomTree India Earnings Fund(EPI) obtaining the highest rating of 71 out of 100.

The iShares MSCI India ETF (INDA) is the undisputed segment leader when it comes to liquidity. The fund trades 151.78M in daily average volume. Investors should also find ample liquidity in the WisdomTree India Earnings Fund (EPI), with $29.47M in daily dollar volume.

Use limit orders to trade funds such as the iPath MSCI India Index ETN(INPTF), due to their double-digit market spreads.

ETF.com/ Block Liquidity

INDA
5
4
3
2
1
EPI
5
4
3
2
1
FLIN
5
4
3
2
1
IXSE
5
4
3
2
1
INPTF
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

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 INPTF. 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, INPTF follows a Vanilla strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology