INDZ - ETF AI Analysis
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VanEck India Select ETF (INDZ)
Rating:66Neutral
Price Target:―
Positive Factors
Broad Sector Diversification Within India
The ETF spreads its investments across many sectors like financials, industrials, materials, consumer, health care, and technology, which helps reduce the impact if any one industry struggles.
Several Strongly Performing Top Holdings
Some of the largest positions, such as State Bank of India, Multi Commodity Exchange of India, Bharat Electronics, and Torrent Power, have shown strong recent performance, supporting the fund’s overall results.
Targeted Exposure to India’s Growth Story
With almost all assets invested in Indian companies, the ETF offers focused access to the potential long-term growth of India’s economy.
Negative Factors
High Expense Ratio
The fund’s relatively high fee means more of the investment returns go toward costs instead of staying in investors’ pockets.
Concentrated Country Risk
Because the ETF is almost entirely invested in India, it is heavily exposed to economic, political, and currency risks specific to that country.
Several Large Holdings Are Underperforming
Key positions such as Reliance Industries, HDFC Bank, Maruti Suzuki, and others have shown weak year-to-date performance, which has weighed on the ETF’s overall returns so far this year.
INDZ vs. SPDR S&P 500 ETF (SPY)
AUM2.89M
RegionAsia-Pacific
Expense Ratio0.75%
Beta1.41
IssuerVanEck
Inception DateFeb 18, 2026
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,152
30 Day Avg. Volume2,552
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
INDZ Summary
VanEck India Select ETF (INDZ) is an actively managed fund that invests in a wide range of Indian companies instead of tracking a fixed index. It focuses on businesses the managers believe are high quality and can grow earnings over time, across sectors like financials, industrials, and consumer companies. Well-known holdings include Reliance Industries and HDFC Bank. Someone might invest in INDZ to get diversified exposure to India’s long-term growth potential in a single investment. However, because it is concentrated in one emerging market, its price can be quite volatile and may move sharply up or down.
How much will it cost me?This ETF has an expense ratio of 0.75%, which means you’ll pay about $7.50 per year for every $1,000 invested. That’s higher than the average ETF because it’s actively managed, with professionals researching and selecting Indian stocks rather than just tracking an index.
What would affect this ETF?This India-focused ETF could benefit if the country’s economy keeps growing, government spending supports banks, infrastructure, and industrial companies, and rising incomes boost demand for consumer and technology firms held in the fund. On the other hand, it could be hurt by higher global or local interest rates that pressure financial stocks, political or regulatory changes in India, or a slowdown in emerging markets that weighs on key holdings like large banks, energy, and consumer companies.
INDZ Top 10 Holdings
INDZ is very much an India story, with the fund’s fate tied to a handful of heavyweight financials and market infrastructure names. BSE and MCX have been the real engines lately, rising strongly and giving the ETF a lift, while consumer staple Tata Consumer has been a steadier, quieter contributor. On the flip side, giants like Reliance and HDFC Bank have been losing steam, and autos player Maruti Suzuki has also been lagging, which has weighed on returns. Overall, it’s a concentrated bet on India’s financial and industrial backbone.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Reliance Industries Limited | 3.42% | $97.62K | ₹17.18T | -13.06% | 74 Outperform | |
| HDFC Bank Limited | 3.08% | $87.96K | ₹11.37T | -23.37% | 79 Outperform | |
| Maruti Suzuki India Limited | 2.95% | $84.25K | ₹4.12T | 5.01% | 76 Outperform | |
| Multi Commodity Exchange of India Limited | 2.81% | $80.27K | ₹720.28B | 78.98% | 72 Outperform | |
| State Bank of India | 2.80% | $80.03K | ₹9.26T | 23.11% | 76 Outperform | |
| Phoenix Mills Ltd. | 2.66% | $76.00K | ₹627.10B | 7.02% | 64 Neutral | |
| Tata Consumer Products Limited | 2.55% | $72.74K | ₹1.10T | 0.33% | 71 Outperform | |
| BSE Ltd. | 2.42% | $69.24K | ₹1.63T | 36.33% | 71 Outperform | |
| Larsen & Toubro Limited | 2.38% | $67.94K | ₹5.37T | 6.31% | 78 Outperform | |
| Cholamandalam Investment and Finance Co. Ltd. | 2.33% | $66.51K | ₹1.27T | -8.41% | 73 Outperform |
INDZ Technical Analysis
Negative
―
Price Trends
24.02
Negative
Market Momentum
-0.04
Positive
46.49
Neutral
19.58
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For INDZ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 24.16, equal to the 50-day MA of 24.02, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 46.49 is Neutral, neither overbought nor oversold. The STOCH value of 19.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for INDZ.
INDZ Peer Comparison
Comparison Results
Performance Comparison
INDZ
VanEck India Select ETF
23.92
-1.13
-4.51%
JPY
Lazard Japanese Equity ETF
―
―
―
NDIA
Global X India Active ETF
―
―
―
RAYJ
Rayliant SMDAM Japan Equity ETF
―
―
―
JAPN
Horizon Kinetics Japan Owner Operator ETF
―
―
―
INDE
Matthews India Active ETF
―
―
―
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.
DisclaimerThis 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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