Skip to content
etf.net

INQQ

GradeFNew York Stock Exchange Arca

The India Internet ETF

Countries & Regions · EMQQ Global · Inception 2022-04-05 · SEC filings

$13.82−0.04 (−0.29%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Apr 6, 2022.
Intraday session: down, 46 prints from 13.86 to 13.82. Range 13.81 to 13.90. Use the arrow keys to read each point.$13.80$13.84$13.8810 AM12 PM2 PM4 PM
Expense ratio
0.86%
Fund size
$44M
1Y return
−12.7%
Yield · Last 12 months
2.37%
Holdings
26
Volume · 30D
0M sh
NAV per share
$13.79
52W range
low $11.25high $16.55

The ETF.net INQQ Grade

F

23/ 100

Rank 19 of 19 in India⁠

Confidence Medium

Six-pillar profile for INQQ. Scores out of 100: Cost 11, Risk 23, Mission not scored, Tradability 46, Holdings 14, Durability 45. Strongest: Tradability (46). Weakest: Cost (11). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 23 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 11
    Category rank17/19 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 23
    Category rank19/19 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 46
    Category rank10/19 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 14
    Category rank18/18 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 45
    Category rank11/19 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

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 Sep 20, 2026, 9:27 AM
Asset class
Stocks
Holdings
26
Top-10 weight
60%
Largest holding
ETERNAL.NS8.1%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ETERNAL.NSETERNAL LTD8.09%1,049,799$4M26
002—BAJAJ FINANCE LTD7.53%310,322$3M4
003RELIANCE.NSRELIANCE INDUSTRIES LTD ORD6.77%227,553$3M21
004PAYTM.NSONE 97 COMMUNICATIONS LTD6.37%151,156$3M17
005JIOFIN.NSJIO FINANCIAL SERVICES LTD5.61%1,022,256$2M14
006—PB FINTECH LTD5.59%132,444$2M4
007LENSKART.NSLENSKART SOLUTIONS LTD5.35%329,232$2M5
008—INFO EDGE INDIA LTD5.14%169,960$2M7
009SWIGGY.NSSWIGGY LTD4.94%747,423$2M9
010NYKAA.NSFSN E-COMMERCE VENTURES LTD4.84%625,078$2M24
011MEESHO.NSMEESHO ORD4.57%922,582$2M19
012—JUBILANT FOODWORKS LTD ORD4.54%395,581$2M3
013GROWW.NSBILLIONBRAINS GARAGE VENTURES LTD4.10%914,648$2M6
014MMYTMAKEMYTRIP LTD4.09%37,208$2M32
015ANGELONE.NSANGEL ONE LTD3.24%459,216$1M7

Showing 1–15 of 26 holdings

INQQ Performance

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

INQQ$8,730
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. INQQ $8,730. SPY $11,723. Use the arrow keys to read each point.$6,746$9,440$12,133Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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−5.8%
1 month−0.9%
3 months+7.6%
1 year−12.7%
3 years+4.7%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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−5.8%
2025−7.1%
2024+19.1%
2023+31.4%
2022−34.7%

History from Apr 6, 2022

INQQ in the news

ETF.net Research hasn’t filed on INQQ yet — coverage lands here as it’s written.

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 Sep 22, 2026.
2.37%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.
17.2%
Annualised · 36 months to Aug 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.
0.08
vs 3-month T-bills · to Aug 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%
53 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.