

Goldman Sachs India Equity ETF
$23.91+0.33 (+1.40%)
- 0.75%
- $156M
- −9.3%
- 0M sh
- $23.26
- low $21.43high $27.60
The ETF.net GIND Grade
Score 62 out of 100
- 7 of 19
Score 62 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C47 out of 100Rank 9 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 12Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 10 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D31 out of 100Rank 14 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A85 out of 100Rank 5 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C44 out of 100Rank 12 of 19
Our read on GIND
BGoldman's 2025 arrival in a crowded India aisle: roughly 110 Indian companies in one ticker, priced at the category's going rate. The stated goal on the tin is long-term capital appreciation, not index-hugging.
The Fund seeks long-term capital appreciation.
Why people hold it
- One ticker holds roughly 110 Indian companies, a broad slice of the market rather than a short list of familiar names.
- The 0.75% fee lands right at the median for US-listed India funds, not at a new-launch premium.
- Stays in its lane. Portfolio and prospectus agree: Indian equities, full stop, with no drift into adjacent markets.
- Sits in the upper half of the US-listed India funds we cover, a shelf that includes long-established giants like INDA and INDY.
Worth knowing
- Cheaper shelf-mates exist: FLIN at 0.19%, INDA at 0.61%. That fee gap is the bar this portfolio has to clear.
- Launched in 2025, so the record is short and the asset base modest. Trading has been light, which tends to mean wider spreads than the aisle's veterans.
- One country, one currency. Indian stocks and the rupee drive the whole result, with no other market in the mix to cushion a rough stretch.
GIND Holdings
- Stocks
- 128
- 27%
- ICICIBANK.BO
Sectors
- Financials29.7%
- Consumer Discretionary16.2%
- Industrials11.5%
- Health Care10.3%
- Materials8.7%
- Technology8.4%
- Consumer Staples5.1%
- Energy3.6%
- Utilities2.4%
- Real Estate2.1%
- Communication2.1%
Geography
- India99.03%
- United States0.97%
Developed 0% · Emerging 100%
GIND Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GIND |
|---|---|
| Year to date | −10.1% |
| 1 month | −3.7% |
| 3 months | −3.1% |
| 1 year | −9.3% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GIND |
|---|---|---|
| 2026 YTD | −10.1% | |
| 2025 | +5.6% |
GIND in the news
GIND Dividends
- $0.17 per share
- Irregular
Distribution data unavailable.
Distribution history
GIND Risk
- 15.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.60
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.87
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GIND Cost
- The middle half of India funds
- Median 0.75%
8 of the 19 India funds charge less.
Other funds in India
- BINDHWisdomTree India Hedged Equity FundExpense ratio 0.64%1 year return −10.3%
- BEPIWisdomTree India Earnings FundExpense ratio 0.84%1 year return −10.4%
- BNDIAGlobal X - India Active ETFExpense ratio 0.75%1 year return −11.6%
- BNFTYFirst Trust India NIFTY 50 Equal Weight ETFExpense ratio 0.80%1 year return −11.3%
- CINDZVanEck India Select ETFExpense ratio 0.75%1 year return —




