Simplify Tara India Opportunities ETF
$25.28+0.46 (+1.84%)
- 1.03%
- $7M
- −8.0%
- 0.60%
- 0M sh
- $24.70
- low $22.70high $28.40
The ETF.net IOPP Grade
C
Score 47 out of 100
- 13 of 19
Score 47 of 100 falls in the C 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.F0 out of 100Rank 19 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.C48 out of 100Rank 12 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F24 out of 100Rank 16 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A100 out of 100Rank 1 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D37 out of 100Rank 14 of 19
Our read on IOPP
CMost India ETFs hand you the whole index. IOPP goes the other way: an actively managed, roughly 30-stock portfolio of Indian companies picked by bottom-up research, launched by Simplify in 2024.
The fund seeks long-term capital appreciation and invests in equity securities of Indian issuers. It is actively managed and uses bottom-up research to pursue India's long-term growth opportunities.
Why people hold it
- Active by design: a concentrated book of Indian issuers chosen through bottom-up research, not a copy of the MSCI India Index it measures itself against.simplify.us
- Plain packaging: a standard US-listed 1940 Act fund holding Indian equities. No swaps or offshore wrappers to decode.simplify.us
- What is inside matches the label. The portfolio sits squarely in Indian equities, with no style drift into other markets.
Worth knowing
- It charges 1.03% a year, more than broad India index trackers such as FLIN and INDA. Active stock picking is what that buys.
- Small asset base and thin trading, so spreads can run wider than the big India funds. How you place the order matters more here.
- Launched in 2024 with roughly 30 names, so the track record is short and individual stocks move it. Distributions come annually or semiannually.
IOPP Holdings
- Stocks
- 28
- 49%
- Eternal Ltd
Sectors
- Consumer Discretionary33.2%
- Financials19.2%
- Consumer Staples13.2%
- Health Care12.8%
- Industrials10.7%
- Communication6.3%
- Materials4.7%
Geography
- India77.34%
- United States12.82%
- China5.60%
- Canada4.24%
Developed 5% · Emerging 95%
IOPP Performance
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.Not enough history yet.
IOPP$9,200
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 | IOPP |
|---|---|
| Year to date | −8.2% |
| 1 month | −5.6% |
| 3 months | −6.2% |
| 1 year | −8.0% |
| 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 | IOPP |
|---|---|---|
| 2026 YTD | −8.2% | |
| 2025 | +1.9% | |
| 2024 | +14.2% |
IOPP in the news
IOPP Dividends
- 0.60%
- $0.15
- $0.05 per share
- Quarterly
Distribution history
IOPP Risk
- 15.4%
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.
- 0.02
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.
- −23.6%
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.
- 0.42
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IOPP Cost
1.03%
IOPP1.03%
- The middle half of India funds
- Median 0.75%
Every other India fund charges less.
Other funds in India
- CINDEMatthews India Active ETF INDEExpense ratio 0.79%1 year return −2.9%
- CINCOColumbia India Consumer ETFExpense ratio 0.75%1 year return −12.2%
- CDGINVanEck Digital India ETFExpense ratio 0.70%1 year return −13.9%
- CIMVPInvesco India ETFExpense ratio 0.78%1 year return —
- CINDXtrackers Nifty 500 India ETFExpense ratio 0.19%1 year return —