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SMIN - ETF AI Analysis
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iShares MSCI India Small Cap ETF (SMIN)
Rating:60Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The ETF spreads its investments across many sectors like financials, materials, health care, consumer cyclical, and technology, which helps reduce the impact if any one industry struggles.
Focused Exposure to Indian Small Caps
With almost all assets invested in Indian companies, the fund offers targeted access to the growth potential of India’s small-cap market.
Healthy Fund Size
The ETF manages a sizable pool of assets, which can support better liquidity and trading for investors compared with very small niche funds.
Negative Factors
Recent Weak Performance
The fund has shown negative returns over the past month, three months, and year to date, signaling recent weakness in its small-cap holdings.
High Expense Ratio
The ETF charges a relatively high fee, which can eat into long-term returns compared with lower-cost alternatives.
Single-Country Concentration Risk
Because the ETF is almost entirely invested in India, investors are heavily exposed to the economic, political, and currency risks of one country.
SMIN vs. SPDR S&P 500 ETF (SPY)
AUM647.41M
RegionAsia-Pacific
Expense Ratio0.74%
Beta0.54
IssueriShares
Inception DateFeb 08, 2012
Dividend Yield2.28%
Asset ClassEquity
Index TrackedMSCI India Small Cap
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume162,710
30 Day Avg. Volume153,805
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
SMIN is the iShares MSCI India Small Cap ETF, which tracks the MSCI India Small Cap Index. It invests in many smaller Indian companies across sectors like finance, healthcare, technology, and materials. Examples of holdings include Federal Bank Ltd. and Glenmark Pharmaceuticals. Someone might invest in SMIN to seek long-term growth from India’s fast-growing economy and to diversify beyond large, well-known global stocks. However, small-cap stocks in a single emerging market like India can be very volatile, so the ETF’s price can rise and fall sharply over time.
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 financials and industrials setting the pace. Federal Bank and Max Financial have been rising steadily, giving the fund a solid financial backbone, while Blue Star and KEI Industries add extra spark from India’s industrial and consumer growth. On the flip side, Coforge has been lagging, and Laurus Labs looks mixed, occasionally losing steam. With all its top names rooted in India and spread across finance, health care, and materials, this ETF is a focused bet on the country’s domestic growth engine.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Federal Bank Ltd. (India) | 1.60% | $10.47M | ₹658.74B | 52.96% | 64 Neutral | |
| Max Financial Services Limited | 1.55% | $10.16M | ₹585.37B | 61.28% | 59 Neutral | |
| Laurus Labs Ltd. | 1.19% | $7.79M | ₹564.61B | 82.38% | 66 Neutral | |
| Embassy Office Parks REIT | 1.17% | $7.68M | ₹411.54B | 18.26% | 76 Outperform | |
| Coforge Limited | 1.15% | $7.52M | ₹372.05B | -24.05% | 73 Outperform | |
| Glenmark Pharmaceuticals Limited | 1.15% | $7.52M | ₹637.21B | 60.80% | 53 Neutral | |
| National Aluminium Co. Ltd. | 1.07% | $7.02M | ₹751.64B | 117.86% | 81 Outperform | |
| Multi Commodity Exchange of India Limited | 1.03% | $6.74M | ₹643.85B | 162.53% | 72 Outperform | |
| KEI Industries Limited | 0.87% | $5.72M | ₹413.53B | 41.81% | 63 Neutral | |
| Blue Star Limited | 0.84% | $5.53M | ₹401.21B | -3.70% | 67 Neutral |
SMIN Technical Analysis
Negative
―
Price Trends
66.67
Negative
68.75
Negative
70.82
Negative
Market Momentum
-1.34
Positive
27.01
Positive
14.45
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SMIN, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 65.35, equal to the 50-day MA of 66.67, and equal to the 200-day MA of 70.82, indicating a bearish trend. The MACD of -1.34 indicates Positive momentum. The RSI at 27.01 is Positive, neither overbought nor oversold. The STOCH value of 14.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SMIN.
SMIN Peer Comparison
Comparison Results
Performance Comparison
SMIN
iShares MSCI India Small Cap ETF
61.58
-2.00
-3.15%
INDA
iShares MSCI India ETF
―
―
―
INDY
iShares India 50 ETF
―
―
―
IMVP
Invesco India Etf
―
―
―
NFTY
First Trust India NIFTY 50 Equal Weight ETF
―
―
―
GIND
Goldman Sachs India Equity 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.
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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