iShares MSCI India Small-Cap ETF
$69.74+1.31 (+1.91%)
- 0.74%
- $697M
- −3.8%
- 2.06%
- 0.1M sh
- $67.66
- low $57.78high $75.94
The ETF.net SMIN Grade
A
Score 74 out of 100
- 4 of 19
Score 74 of 100 falls in the A 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.B61 out of 100Rank 8 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.A96 out of 100Rank 10 of 12Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 15 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A88 out of 100Rank 2 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A90 out of 100Rank 3 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A88 out of 100Rank 2 of 19
Our read on SMIN
AMost US-listed India funds stop at the blue chips. SMIN keeps going down-cap, tracking an MSCI index of roughly 500 smaller Indian companies, and it has been doing that job since 2012.
The fund seeks to track the investment results of an index representing small-capitalization equity securities in India.
Why people hold it
- Owns the slice of India the headline funds skip: roughly 500 small caps, versus the 50-name blue-chip lineup at INDY.ishares.com
- At 0.74%, the fee lands right around the middle of the US India-fund pack, which is unusual for a specialist small-cap sleeve.
- One of the stronger implementations among US-listed India funds: tight tracking of its stated index, iShares plumbing, and a live record back to 2012.
Worth knowing
- Small caps inside one emerging market swing hard in both directions, and rupee moves stack on top of the stock moves.
- Reasonable for the niche, pricey next to broad India trackers: FLIN charges 0.19% for the large-cap version of the trade.
- Moderately traded rather than a top-of-book giant, so size your orders with care. Cash comes back once or twice a year, not monthly.
SMIN Holdings
- Stocks
- 460
- 14%
- Blk Csh Fnd Treasury Sl Agency
Sectors
- Industrials20.4%
- Financials16.4%
- Consumer Discretionary16.0%
- Health Care13.4%
- Materials12.0%
- Information Technology8.2%
- Consumer Staples4.1%
- Real Estate3.6%
- Utilities2.4%
- Communication2.1%
- Energy1.4%
Geography
- India99.52%
- United Arab Emirates0.48%
Developed 0% · Emerging 100%
SMIN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SMIN$9,619
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 | SMIN |
|---|---|
| Year to date | −2.1% |
| 1 month | −4.1% |
| 3 months | −3.6% |
| 1 year | −3.8% |
| 3 years | +5.5% |
| 5 years | +4.1% |
| 10 years | +8.0% |
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 | SMIN |
|---|---|---|
| 2026 YTD | −2.1% | |
| 2025 | −6.7% | |
| 2024 | +16.8% | |
| 2023 | +35.4% | |
| 2022 | −14.2% | |
| 2021 | +44.5% | |
| 2020 | +19.6% |
SMIN in the news
SMIN Dividends
- 2.06%
- $1.41
- $1.41 per share
- Annual
Distribution history
SMIN Risk
- 18.0%
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.
- 0.16
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.
- −27.5%
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.
- 0.48
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SMIN Cost
0.74%
SMIN0.74%
- The middle half of India funds
- Median 0.75%
7 of the 19 India funds charge less.
Other funds in India
- AINDAiShares MSCI India ETFExpense ratio 0.61%1 year return −12.1%
- AINDYiShares India 50 ETFExpense ratio 0.65%1 year return −14.4%
- BGLINVanEck India Growth Leaders ETFExpense ratio 0.72%1 year return −4.2%
- 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%