INDA — iShares MSCI India ETF

INDA Price Performance — Growth of $10,000

Value of a $10,000 investment in INDA over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

INDA Drawdown

The "underwater" chart: INDA's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares MSCI India ETF (INDA) operates within the Single Country - Emerging category, where it is one of 22 funds tracked by ETFValuer. Issued by iShares, the fund manages $6.87 billion in assets while trading at a price of $49.38 per share. It holds an overall rank of #431 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of D with a score of 35.4 out of 100. The fund carries an expense ratio of 0.61% and currently offers a dividend yield of 0.00%. This combination of a high expense ratio, zero yield, and a low overall rank suggests limited investor adoption relative to its peers in the broader market. The substantial asset base of $6.87 billion indicates significant capital presence despite the fund's lower ranking and grade.

Recent performance data shows a divergence between short-term gains and longer-term declines for the iShares MSCI India ETF. The fund posted a one-day return of +1.00% and a one-week gain of +1.71%, yet these positive moves were followed by a one-month decline of -0.10%. Over the subsequent three months, the fund fell further to -0.40%, and the six-month return extended to -3.63%. Year-to-date performance stands at -9.49%, with the one-year return recording a loss of -8.66%. In contrast, the three-year return shows a positive trajectory of +11.82%, indicating a recovery or growth pattern over the longer horizon despite recent underperformance.

The fund is classified with a Moderate volatility label and exhibits a beta of 0.56, suggesting it moves less than the broader market. Despite this lower beta, the fund recorded a maximum drawdown of -22.72%, reflecting significant potential for capital loss during downturns. The Sharpe ratio of -0.89 indicates that the risk-adjusted returns have been negative over the measured period. This combination of moderate volatility, a low beta, a deep drawdown, and a negative Sharpe ratio implies that the fund has experienced substantial declines that were not adequately compensated by returns relative to the risk taken. The data suggests the fund may struggle to provide consistent risk-adjusted gains even when market movements are less severe than the broader index.

AI-generated summary based on the data on this page.

INDA Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 34.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how INDA's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With INDA

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with INDA's top 10 — INDY overlaps most, holding 8 of the same companies as INDA's top 10 (30.6% of INDA's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

INDA Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.02% and average daily volume is 6.2M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $6.87B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: INDA is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

INDA Performance History

How INDA Compares to Other Single Country - Emerging ETFs