Skip to content
etf.net

FLIN vs INDY

Franklin FTSE India ETF

FLINANYSE Arca

iShares India 50 ETF

INDYANasdaq

Overlap

Expense ratio

FLIN −0.46pt a year

FLIN0.19%INDY0.65%

Avg volume · 30D

FLIN 5.2×the volume

FLIN588KINDY112K

5Y return · a year

FLIN +2.0pt

FLIN+2.0%INDY0.0%

FLIN vs INDY Performance

Oct 29, 2021 – Oct 30, 2026

+10.5%FLIN−0.1%INDY

Oct 29, 2021 to Oct 30, 2026. FLIN +10.5%. INDY −0.1%. Use the arrow keys to read each point.−10%20%30%Oct 2021Apr 2024Oct 2026
Expense ratio
FLIN 0.19%, better
INDY 0.65%
Fund size
FLIN $2.53B
INDY $507M
1Y total return
FLIN −11.8%, better
INDY −12.8%
Yield (12M)
FLIN 0.45%
INDY 9.63%, better
Holdings
FLIN 278
INDY 54
Avg volume (30D)
FLIN 588K sh, better
INDY 112K sh
NAV per share
FLIN $33.93
INDY $42.41
52W range

ETF.net Grade

FLIN: Cost 97, Risk 55, Mission 100, Tradability 83, Holdings 81, Durability 76. INDY: Cost 78, Risk 49, Mission 100, Tradability 83, Holdings 35, Durability 84.
Pillar letters and Scores for FLIN, INDY, with each pillar’s weight
PillarFLININDY
Cost30% weightA97HigherA78
Mission25% weightA100A100
Risk15% weightB55HigherC49
Tradability15% weightA83A83
Holdings10% weightA81HigherD35
Durability5% weightA76A84Higher

Rank among India funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FLIN and INDY are both graded against the same 19 India funds, so their Grades compare head to head.

India⁠

Category · 19 funds
See all 19 ›

FLIN ranks 1st and INDY 3rd of 19 funds in the India Category.

  1. Rank 1AFLINFranklin FTSE India ETFScore 86
  2. Rank 1AINDAiShares MSCI India ETFScore 86
  3. Rank 3AINDYiShares India 50 ETFScore 75
  4. Rank 4ASMINiShares MSCI India Small-Cap ETFScore 70

Our read on each fund

ETF.net Research

FLINAFranklin FTSE India ETF

INDYAiShares India 50 ETF

In short

FLIN Franklin's India fund runs the whole large- and mid-cap market at 0.19% a year, a fraction of what most India ETFs charge. Same country, same index-tracking job, cheaper meter running.

INDY India's headline index in a US wrapper. INDY tracks the Nifty 50, the National Stock Exchange benchmark quoted across Indian markets, holding about 50 of the country's largest listed companies and skipping the small-cap tail.

Stated mandate

FLIN The fund seeks to track, before fees and expenses, the performance of the FTSE India RIC Capped Index.

INDY The fund seeks to track the Nifty 50 Index, which represents 50 leading Indian companies, using an indexing approach rather than active security selection.

Why people hold it

  • FLIN Charges 0.19% a year, well under the typical India ETF fee and under every other top-scoring fund in the group, including INDA, INDY and SMIN.
  • Tracks the FTSE India RIC Capped Index with very little slippage, one of the tightest index-following records among India funds.
  • Roughly 240 Indian stocks in one ticker, plus a billion-dollar-plus asset base and steady daily trading, so spreads stay manageable for ordinary orders.
  • Live since 2018, giving it a multi-year track record through India's boom and its drawdowns rather than a fresh-off-the-line prospectus.
  • INDY The Nifty 50 is the NSE's flagship index: 50 stocks spanning 13 sectors, used across India for benchmarking, derivatives and index funds. In its US peer group, INDY is the fund built on it.nseindia.com
  • 0.65% a year, below the 0.75% median for US single-country India funds.
  • Straight indexing, no stock picking, and the fund has stayed very close to its benchmark. One of the tighter implementations among US India funds.ishares.com
  • Trading since 2009 under the iShares roof, which makes it one of the longer-running US ways to own Indian large caps.ishares.com

Worth knowing

  • FLIN One country, one currency. Indian politics, rates and a moving rupee land directly in the price, with no other market to cushion the swing.
  • The RIC Capped index trims oversized positions to meet US fund diversification rules, so returns can drift from an uncapped India benchmark.
  • Distributions come annually or semiannually, and Indian large caps are not a high-payout market. This is a growth-exposure tool, not an income stream.
  • INDY About 50 names means the biggest Indian megacaps carry real weight here. Concentration is the design, not a bug, but it shows up in the ride.
  • Cheaper India exposure exists: FLIN charges 0.19%, and INDA, also large-cap focused, comes in a touch under INDY.
  • One country, one currency, one policy cycle. A single-market emerging equity fund moves harder than a global index fund, and INDY's swings run above its peer group's typical level.ishares.com

Full FLIN profile⁠

Full INDY profile⁠

FLIN vs INDY Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FLIN vs INDY Cost

Overpaying INDY vs FLIN

$8,765

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FLIN 0.19%

    $3,952

  • INDY 0.65%

    $12,717

$10,000
30 years

Cost over time

  • FLIN 0.19%
  • INDY 0.65%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530INDY $12,717FLIN $3,952

Year by year

YearFLININDYOverpaying
10$347$1,163$816
20$1,351$4,440$3,089
30$3,952$12,717$8,765

Expense ratio

  • 0.19%FLIN, cheaper
  • 0.65%INDY
  • Middle half of India funds
  • Median 0.75%

FLIN cheapest of 19 funds

INDY 5th cheapest of 19 funds

FLIN vs INDY Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FLIN 0.45%
INDY 9.63%, better
Payout (12M)
FLIN $0.15
INDY $4.09
Last payment
FLIN $0.15
INDY $0.10
Ex-dividend
FLIN Dec 19, 2025
INDY Jun 15, 2026
Paid on
FLIN Dec 29, 2025
INDY Jun 18, 2026
Frequency
FLIN Twice a year
INDY Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

FLINTwice a year · 16 paymentsAll FLIN payments⁠
One bar per payment. 16 payments from 2017 to 2026 YTD. Jun 20, 2018 $0.07; Dec 20, 2018 $0.14; Jun 11, 2019 $0.18; Dec 11, 2019 $0.03; Jun 11, 2020 $0.12; Dec 14, 2020 $0.06; Jun 10, 2021 $0.05; Dec 13, 2021 $0.66; Dec 30, 2021 $0.01; Dec 16, 2022 $0.21; Dec 15, 2023 $0.25; Dec 28, 2023 $0.0047; Jun 21, 2024 $0.35; Dec 20, 2024 $0.24; Jun 20, 2025 $0.06; Dec 19, 2025 $0.15. Use the arrow keys to read each point.$0$2.502017202020232026YTD
INDYTwice a year · 16 paymentsAll INDY payments⁠
One bar per payment. 16 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.04; Dec 21, 2017 $0.06; Jun 19, 2018 $0.07; Dec 18, 2018 $0.12; Dec 28, 2018 $0.02; Jun 17, 2019 $0.23; Jun 15, 2020 $0.03; Jun 10, 2021 $0.007; Dec 13, 2021 $3.36; Dec 13, 2022 $1.59; Jun 7, 2023 $0.07; Dec 20, 2023 $0.12; Jun 11, 2024 $0.04; Dec 17, 2024 $0.08; Dec 16, 2025 $4.00; Jun 15, 2026 $0.10. Use the arrow keys to read each point.$0$2.502017202020232026YTD

FLIN vs INDY Risk

Fall from peak · 5 years

  • FLIN
  • INDY
Oct 29, 2021 to Oct 30, 2026. Worst fall: INDY −23.8% · Oct 2026. Use the arrow keys to read each point.−25%−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
FLIN 14.2%INDY 13.0%, better
Return per unit of riskSharpe ratio, 3 years
FLIN 0.05, betterINDY −0.15
Worst fallMax drawdown, 5 years
FLIN −22.9%, betterINDY −23.8%
Market sensitivityBeta, 5 years
FLIN 0.46INDY 0.52

FLIN and INDY in the news

All news⁠

Popular comparisons

  • FLINAvsINDAA

    Franklin FTSE India ETF · iShares MSCI India ETF

    Expense ratio
    0.19% · 0.61%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • INDYAvsINDAA

    iShares India 50 ETF · iShares MSCI India ETF

    Expense ratio
    0.65% · 0.61%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FLINAvsSMINA

    Franklin FTSE India ETF · iShares MSCI India Small-Cap ETF

    Expense ratio
    0.19% · 0.74%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • INDYAvsSMINA

    iShares India 50 ETF · iShares MSCI India Small-Cap ETF

    Expense ratio
    0.65% · 0.74%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FLINAvsIOPPB

    Franklin FTSE India ETF · Simplify Tara India Opportunities ETF

    Expense ratio
    0.19% · 0.71%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • INDYAvsIOPPB

    iShares India 50 ETF · Simplify Tara India Opportunities ETF

    Expense ratio
    0.65% · 0.71%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.