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INQQ - ETF AI Analysis
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India Internet & Ecommerce ETF (INQQ)
Rating:55Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, such as Bajaj Finance and Nykaa, have delivered strong year-to-date performance, supporting the fund’s overall returns.
Sector Diversification
The ETF spreads its investments across multiple sectors, including technology, financials, and consumer cyclical, reducing reliance on any single industry.
Focused Geographic Exposure
The ETF’s heavy focus on India provides exposure to a fast-growing economy with significant growth potential in internet and e-commerce.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which could eat into investor returns over time.
Underperforming Holdings
Some top holdings, such as Swiggy and Info Edge India, have lagged in performance, which may weigh on the fund’s overall momentum.
Limited Global Diversification
The ETF is heavily concentrated in Indian companies, with minimal exposure to other regions, increasing vulnerability to country-specific risks.
INQQ vs. SPDR S&P 500 ETF (SPY)
AUM56.33M
RegionAsia-Pacific
Expense Ratio0.86%
Beta0.59
IssuerEMQQ Global
Inception DateApr 05, 2022
Dividend Yield1.24%
Asset ClassEquity
Index TrackedINQQ The India Internet Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume43,340
30 Day Avg. Volume25,459
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
INQQ Summary
The India Internet & Ecommerce ETF (INQQ) is an investment fund focused on companies driving the growth of India's digital economy, such as Zomato and Bajaj Finance. It includes businesses in online retail, digital payments, and internet services, offering exposure to one of the fastest-growing markets globally. Investors might consider INQQ for its potential to benefit from India's expanding middle class and increasing internet usage, which fuel growth in the e-commerce and tech sectors. However, new investors should be aware that the ETF is heavily dependent on the performance of India’s internet and e-commerce industries, which can be volatile.
How much will it cost me?The India Internet & Ecommerce ETF (INQQ) has an expense ratio of 0.86%, which means you’ll pay $8.60 per year for every $1,000 invested. This is higher than average because it is actively managed and focuses on a specific niche, requiring more research and specialized management.
What would affect this ETF?The India Internet & Ecommerce ETF (INQQ) could benefit from India's growing middle class, increasing internet penetration, and supportive government policies promoting digital innovation. However, potential risks include regulatory changes in India's tech and e-commerce sectors, global economic uncertainty, and competition among top holdings like Zomato and Paytm. Investors should also consider how fluctuations in technology trends and consumer spending could impact the ETF's performance.
INQQ Top 10 Holdings
The India Internet & Ecommerce ETF (INQQ) is riding the wave of India’s digital transformation, but its performance is a mixed bag. Reliance Industries and Paytm are steady anchors, with bullish momentum and strong financials driving the fund forward. However, lagging names like Zomato and Jio Financial Services are holding it back, weighed down by bearish trends and valuation concerns. The fund is heavily concentrated in India’s internet and e-commerce sectors, offering exposure to a rapidly growing market but leaving little room for diversification beyond this niche.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Reliance Industries Limited | 8.71% | $4.91M | ₹21.18T | 28.91% | 74 Outperform | |
| Zomato Ltd. | 8.38% | $4.72M | ₹2.76T | 4.71% | ― | |
| Bajaj Finance Limited | 8.19% | $4.61M | ₹6.27T | 46.73% | 64 Neutral | |
| Jio Financial Services Limited | 6.64% | $3.74M | ₹1.89T | -1.98% | 67 Neutral | |
| One 97 Communications Ltd. | 6.51% | $3.67M | ₹854.94B | 37.62% | 54 Neutral | |
| PB Fintech Limited | 6.26% | $3.53M | ₹874.06B | -11.12% | 55 Neutral | |
| Swiggy Limited | 5.28% | $2.98M | ₹1.14T | -31.09% | 45 Neutral | |
| Makemytrip | 4.76% | $2.68M | $8.22B | -22.17% | 65 Neutral | |
| FSN E-Commerce Ventures Ltd. | 4.71% | $2.65M | ₹712.70B | 58.74% | 64 Neutral | |
| Info Edge India Ltd. | 4.68% | $2.64M | ₹869.79B | -22.19% | 69 Neutral |
INQQ Technical Analysis
Neutral
―
Price Trends
15.68
Negative
15.84
Negative
15.65
Negative
Market Momentum
-0.17
Negative
48.40
Neutral
71.07
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For INQQ, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 15.25, equal to the 50-day MA of 15.68, and equal to the 200-day MA of 15.65, indicating a neutral trend. The MACD of -0.17 indicates Negative momentum. The RSI at 48.40 is Neutral, neither overbought nor oversold. The STOCH value of 71.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for INQQ.
INQQ Peer Comparison
Comparison Results
Performance Comparison
INQQ
India Internet & Ecommerce ETF
15.29
-1.07
-6.54%
INCO
Columbia India Consumer ETF
―
―
―
KTEC
KraneShares Hang Seng TECH Index ETF
―
―
―
DGIN
VanEck Digital India ETF
―
―
―
IOPP
Simplify Tara India Opportunities ETF
―
―
―
TMH
Toyota Motor Corporation ADRhedged
―
―
―
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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