SMIN - ETF AI Analysis
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iShares MSCI India Small Cap ETF (SMIN)
Rating:61Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The ETF spreads its investments across many sectors like financials, materials, health care, and industrials, which helps reduce the impact if any one industry struggles.
Strong Performers Among Top Holdings
Several of the largest positions, such as companies in banking, exchanges, metals, and auto components, have shown strong gains this year, supporting the fund’s overall results.
Targeted Exposure to Indian Small Caps
The fund offers focused access to India’s small-cap companies, which can benefit from the country’s long-term economic growth and domestic demand trends.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee, which can eat into returns over time compared with lower-cost funds.
Recent Weak Year-to-Date Performance
The fund’s overall performance so far this year has been weak, which may concern investors looking for steadier returns.
Concentrated Country Risk in India
With almost all assets invested in Indian stocks, the ETF is highly sensitive to economic, political, and currency developments in India.
SMIN vs. SPDR S&P 500 ETF (SPY)
AUM623.02M
RegionAsia-Pacific
Expense Ratio0.74%
Beta0.65
IssueriShares
Inception DateFeb 08, 2012
Dividend Yield9.99%
Asset ClassEquity
Index TrackedMSCI India Small Cap
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume99,751
30 Day Avg. Volume176,219
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
SMIN Summary
The iShares MSCI India Small Cap ETF (SMIN) tracks the MSCI India Small Cap Index, which focuses on smaller companies in India that may have higher growth potential. It spreads your money across many sectors, including financials, materials, health care, and technology. Some of its better-known holdings include Federal Bank Ltd. and Glenmark Pharmaceuticals. An investor might choose SMIN to seek long-term growth and to diversify into India’s fast-growing economy. However, this fund invests in small, emerging companies, so its price can be very volatile and can go up and down sharply with the market.
How much will it cost me?The iShares MSCI India Small Cap ETF (SMIN) has an expense ratio of 0.75%, meaning you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because it is an actively managed fund focusing on small-cap stocks in India, which require more research and management compared to passively managed funds.
What would affect this ETF?The iShares MSCI India Small Cap ETF (SMIN) could benefit from India's strong economic growth and increasing innovation in sectors like technology and healthcare, which are key areas of exposure for the fund. However, risks include potential regulatory changes in India, global economic uncertainty, and the inherent volatility of small-cap stocks, which can be more sensitive to market fluctuations. Investors should also consider how interest rate changes or inflation could impact sectors like financials and consumer goods within the ETF.
SMIN Top 10 Holdings
SMIN’s story is all about India’s fast-moving small caps, with a tilt toward financials, materials, health care, and industrials. Federal Bank has been rising and acts like a key engine for the fund, while National Aluminium and MCX have been standout performers, giving the portfolio some extra punch from the materials and financial infrastructure side. Laurus Labs and Sona BLW are also climbing, adding momentum from health care and auto components. Offsetting that strength, Coforge and Embassy Office Parks REIT have been more mixed, occasionally putting a brake on returns. The fund is fully India-focused, so investors are effectively betting on the country’s domestic growth story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Federal Bank Ltd. (India) | 1.56% | $9.61M | ₹707.15B | 41.09% | 64 Neutral | |
| Max Financial Services Limited | 1.37% | $8.46M | ₹560.86B | 14.75% | 59 Neutral | |
| Laurus Labs Ltd. | 1.34% | $8.25M | ₹734.91B | 128.74% | 66 Neutral | |
| Coforge Limited | 1.26% | $7.77M | ₹471.25B | -16.73% | 73 Outperform | |
| Multi Commodity Exchange of India Limited | 1.19% | $7.31M | ₹876.90B | 160.84% | 72 Outperform | |
| Embassy Office Parks REIT | 1.08% | $6.68M | ₹411.85B | 11.67% | 76 Outperform | |
| Glenmark Pharmaceuticals Limited | 1.05% | $6.48M | ₹670.97B | 66.97% | 53 Neutral | |
| National Aluminium Co. Ltd. | 0.98% | $6.04M | ₹738.69B | 119.71% | 81 Outperform | |
| KEI Industries Limited | 0.93% | $5.75M | ₹489.35B | 51.45% | 63 Neutral | |
| Sona BLW Precision Forgings Ltd. | 0.76% | $4.70M | ₹365.65B | 10.65% | 74 Outperform |
SMIN Technical Analysis
Positive
―
Price Trends
64.37
Positive
65.59
Positive
68.47
Negative
Market Momentum
0.22
Positive
52.15
Neutral
52.52
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SMIN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 66.63, equal to the 50-day MA of 64.37, and equal to the 200-day MA of 68.47, indicating a neutral trend. The MACD of 0.22 indicates Positive momentum. The RSI at 52.15 is Neutral, neither overbought nor oversold. The STOCH value of 52.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SMIN.
SMIN Peer Comparison
Comparison Results
Performance Comparison
SMIN
iShares MSCI India Small Cap ETF
66.44
-6.32
-8.69%
INDA
iShares MSCI India ETF
―
―
―
INDY
iShares India 50 ETF
―
―
―
GIND
Goldman Sachs India Equity ETF
―
―
―
IMVP
Invesco India Etf
―
―
―
NFTY
First Trust India NIFTY 50 Equal Weight 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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