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INDY - ETF AI Analysis
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iShares India 50 ETF (INDY)
Rating:68Neutral
Price Target:―
Positive Factors
Exposure to India’s Largest Companies
The ETF holds many of India’s biggest and most established companies, giving investors broad access to the country’s leading businesses.
Sector Diversification Within India
Holdings are spread across several key sectors such as financials, energy, technology, and consumer companies, which helps reduce the impact of weakness in any single industry.
Some Resilient Top Holdings
A few of the largest positions, particularly in major banks and technology firms, have shown relatively steady or positive performance compared with weaker names in the portfolio.
Negative Factors
High Concentration in Financials
More than a third of the fund is invested in financial companies, so a downturn in India’s banking and financial sector could hurt the ETF more than a more balanced fund.
Recent Weak Performance
The ETF has experienced weak returns over the past month, three months, and year to date, reflecting recent pressure on many of its holdings.
Single-Country Risk and Higher Fee
With almost all assets in India and a relatively high expense ratio, investors face both concentrated country risk and higher ongoing costs compared with many broad-market ETFs.
INDY vs. SPDR S&P 500 ETF (SPY)
AUM588.14M
RegionAsia-Pacific
Expense Ratio0.65%
Beta0.43
IssueriShares
Inception DateNov 18, 2009
Dividend Yield9.11%
Asset ClassEquity
Index TrackedNifty 50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume184,977
30 Day Avg. Volume181,500
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
55.45Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
INDY Summary
The iShares India 50 ETF (INDY) tracks the Nifty 50 index, which is made up of 50 of the largest and most important companies in India. It holds big names like HDFC Bank and Reliance Industries, along with major technology, energy, and consumer companies. Someone might invest in INDY to get simple, one-stop exposure to India’s growth story and to diversify beyond their home country. A key risk is that it is heavily tied to the Indian stock market, so its value can rise or fall sharply with changes in India’s economy and markets.
How much will it cost me?The iShares India 50 ETF (INDY) has an expense ratio of 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is passively managed but focuses on a niche market—India’s large-cap companies—requiring specialized tracking and exposure.
What would affect this ETF?The iShares India 50 ETF (INDY) could benefit from India's strong economic growth, increasing consumer spending, and advancements in technology, which align with its exposure to financial, energy, and technology sectors. However, potential risks include regulatory changes in India, global economic slowdowns, or rising interest rates that could impact large-cap companies and sectors like financials and energy. Investors should also consider currency fluctuations and geopolitical tensions that may affect India's market performance.
INDY Top 10 Holdings
INDY leans heavily on India’s big banks, and that’s where much of the action is. State Bank of India and Axis Bank are doing the heavy lifting, with rising share prices that help offset weakness elsewhere. ICICI Bank is also pulling its weight, while HDFC Bank has been more of a laggard, losing steam this year. Outside finance, engineering giant Larsen & Toubro is a bright spot, but tech name Infosys and consumer staple ITC have been dragging. Overall, this is a pure India play, dominated by financials and a few industrial and tech champions.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HDFC Bank Limited | 11.73% | $68.19M | ₹12.57T | -4.21% | 79 Outperform | |
| Reliance Industries Limited | 8.73% | $50.71M | ₹18.68T | 10.68% | 74 Outperform | |
| ICICI Bank Limited | 8.21% | $47.71M | ₹8.98T | 0.32% | 71 Outperform | |
| Bharti Airtel Limited | 4.72% | $27.43M | ₹10.28T | 10.46% | 73 Outperform | |
| Infosys Limited | 4.10% | $23.83M | ₹5.06T | -20.94% | 76 Outperform | |
| State Bank of India | 4.08% | $23.71M | ₹9.66T | 43.84% | 76 Outperform | |
| Larsen & Toubro Limited | 3.79% | $22.03M | ₹4.73T | 7.92% | 78 Outperform | |
| Axis Bank Limited | 3.18% | $18.49M | ₹3.72T | 18.52% | 76 Outperform | |
| ITC Limited | 2.73% | $15.84M | ₹3.78T | -26.79% | 79 Outperform | |
| Kotak Mahindra Bank Limited | 2.54% | $14.74M | ₹3.65T | -7.64% | ― |
INDY Technical Analysis
Negative
―
Price Trends
47.40
Negative
48.24
Negative
48.37
Negative
Market Momentum
-1.09
Positive
19.05
Positive
1.47
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For INDY, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 46.35, equal to the 50-day MA of 47.40, and equal to the 200-day MA of 48.37, indicating a bearish trend. The MACD of -1.09 indicates Positive momentum. The RSI at 19.05 is Positive, neither overbought nor oversold. The STOCH value of 1.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for INDY.
INDY Peer Comparison
Comparison Results
Performance Comparison
INDY
iShares India 50 ETF
43.84
-1.26
-2.79%
SMIN
iShares MSCI India Small Cap ETF
―
―
―
IMVP
Invesco India Etf
―
―
―
NFTY
First Trust India NIFTY 50 Equal Weight ETF
―
―
―
GIND
Goldman Sachs India Equity ETF
―
―
―
INDH
WisdomTree India Hedged Equity Fund
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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