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Launched · SEC filings

The India Internet ETF

INQQNYSE ArcaF

$13.17+0.19 (+1.48%)

As of Oct 13, 2026, 3:58 PM

F23/ 100

Rank 19 of 19 in India

F23/100Rank 19 of 19inIndia
Intraday session: up, 29 prints from 12.98 to 13.17. Range 13.03 to 13.20. Use the arrow keys to read each point.13.0513.1013.2010 AM12 PM2 PM4 PM
Expense ratio
0.86%
Fund size
$40M
1Y total return
−17.1%
Yield · Last 12 months
2.53%
Holdings
27
Avg volume · 30D
0M sh
NAV per share
$12.85
52W range
low $11.25high $16.55
Launched
Filings
SEC EDGAR

The ETF.net INQQ Grade

Based on 5 of 6 pillars

F

Score 23 out of 100

Category
India⁠
Rank
19 of 19
Six-pillar profile for INQQ. Scores out of 100: Cost 11, Risk 25, Mission not scored, Tradability 47, Holdings 16, Durability 45. Strongest: Tradability (47). Weakest: Cost (11). Based on 5 of 6 pillars.

Score 23 of 100 falls in the F 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.
    F11 out of 100
    Rank 17 of 19

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D25 out of 100
    Rank 18 of 19

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 9 of 19

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F16 out of 100
    Rank 18 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C45 out of 100
    Rank 11 of 19

Our read on INQQ

ETF.net Research

FMost e-commerce ETFs are Amazon-and-friends with a sprinkle of the world. INQQ goes the other way: a concentrated basket of Indian internet and online-commerce companies, and nothing else.

Stated mandate

The fund seeks to track an index representing an investable universe of publicly traded Indian internet and ecommerce companies.

Why people hold it

  1. 01Single-country focus. The index covers publicly traded Indian internet and ecommerce companies, a mandate its peers in the e-commerce cohort (EBIZ, IBUY, ONLN) don't offer.
  2. 02Plain plumbing: an index-tracking 1940 Act equity fund that owns the stocks. No swaps, no leverage, no derivatives overlay to unpack.
  3. 03Deliberately tight. A couple dozen names means the leading Indian internet businesses drive returns instead of being diluted by a 200-stock tail.
  4. 04From EMQQ Global, a boutique issuer built around emerging-market internet indexing, which launched INQQ in 2022 to isolate India.

Worth knowing

  1. 01The specialty carries a specialty price: 0.86% a year, above broader e-commerce options like OGIG (0.48%) and EBIZ (0.50%).
  2. 02Small and thinly traded, so bid-ask spreads can run wider than in the large global e-commerce funds.
  3. 03One country, one theme, a couple dozen stocks. Indian market swings, currency moves and local regulation land here undiluted.

INQQ Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
27
Top-10 weight
60%
Largest holding
ETERNAL.NS8.5%

Sectors

  • Consumer Discretionary38.0%
  • Financials25.4%
  • Technology13.2%
  • Communication9.7%
  • Energy6.7%
  • Health Care5.6%
  • Consumer Staples1.5%

Geography

  • India100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ETERNAL.NSEternal Ltd8.51%1,030,439$3M59
002—Bajaj Finance Ltd7.47%304,600$3M4
003RELIANCE.NSReliance Industries Ltd Ord6.67%223,357$3M56
004PAYTM.NSOne 97 Communications Ltd6.20%148,370$3M46
005LENSKART.NSLenskart Solutions Ltd5.59%323,162$2M32
006JIOFIN.NSJio Financial Services Ltd5.50%1,003,404$2M43
007MEESHO.NSMeesho Ord5.38%905,568$2M19
008NYKAA.NSFsn E-Commerce Ventures Ltd5.37%613,550$2M57
009—Info Edge India Ltd5.19%166,826$2M7
010GROWW.NSBillionbrains Garage Ventures Ltd4.41%897,780$2M33
011SWIGGY.NSSwiggy Ltd4.39%733,639$2M9
012—Jubilant Foodworks Ltd Ord4.19%388,287$2M3
013MMYTMakemytrip Ltd4.03%36,522$2M33
014ANGELONE.NSAngel One Ltd3.36%450,748$1M23
015—Pb Fintech Ltd3.36%130,002$1M4

Showing 1–15 of 27 holdings

INQQ Performance

Launched Apr 5, 2022

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
INQQ$8,288
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. INQQ $8,288. SPY $12,044. Use the arrow keys to read each point.$6,987$9,711$12,435Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for INQQ. Periods over one year show the average yearly return.
PeriodINQQ
Year to date−11.8%
1 month−6.3%
3 months−2.0%
1 year−17.1%
3 yearsper year+2.1%
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for INQQ
YearReturn barINQQ
2026 YTD−11.8%
2025−7.1%
2024+19.1%
2023+31.4%
2022−34.7%

History from Apr 6, 2022

INQQ in the news

Filtered to INQQ · India

INQQ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
2.53%Last 12 months
Payout per share
$0.33Last 12 months
Last payment
$0.33 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 26, 2023 $0.006; Dec 30, 2024 $0.19; Dec 30, 2025 $0.33. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.33
Dec 30, 2024Dec 31, 2024$0.19
Dec 26, 2023Dec 29, 2023$0.006

INQQ Risk

How much the fund’s monthly returns vary, scaled to a year.
17.8%
Annualised · 36 months to Sep 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.05
vs 3-month T-bills · to Sep 2026
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.

The largest fall from a peak to the low that followed.
−40.5%
54 months · trough Mar 2023
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.

How strongly the fund’s returns move with its asset-class index.
0.51
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

INQQ Cost

Expense ratio0.86%
  • The middle half of India funds
  • Median 0.75%

16 of the 19 India funds charge less.

INQQ costs $86.00 a year on $10,000. The median India fund costs $75.00.

Other funds in India

See others