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FLIN vs SMIN

Franklin FTSE India ETF

FLINANYSE Arca

iShares MSCI India Small-Cap ETF

SMINACboe

Overlap

Expense ratio

FLIN −0.55pt a year

FLIN0.19%SMIN0.74%

Avg volume · 30D

FLIN 5.1×the volume

FLIN588KSMIN116K

5Y return · a year

SMIN +2.2pt

FLIN+2.0%SMIN+4.2%

FLIN vs SMIN Performance

Oct 29, 2021 – Oct 30, 2026

+10.5%FLIN+23.0%SMIN

Oct 29, 2021 to Oct 30, 2026. FLIN +10.5%. SMIN +23.0%. Use the arrow keys to read each point.−20%0%40%Oct 2021Apr 2024Oct 2026
Expense ratio
FLIN 0.19%, better
SMIN 0.74%
Fund size
FLIN $2.53B
SMIN $669M
1Y total return
FLIN −11.8%
SMIN −7.5%, better
Yield (12M)
FLIN 0.45%
SMIN 2.11%, better
Holdings
FLIN 278
SMIN 456
Avg volume (30D)
FLIN 588K sh, better
SMIN 116K sh
NAV per share
FLIN $33.93
SMIN $66.28
52W range

ETF.net Grade

FLIN: Cost 97, Risk 55, Mission 100, Tradability 83, Holdings 81, Durability 76. SMIN: Cost 56, Risk 32, Mission 95, Tradability 79, Holdings 89, Durability 87.
Pillar letters and Scores for FLIN, SMIN, with each pillar’s weight
PillarFLINSMIN
Cost30% weightA97HigherB56
Mission25% weightA100HigherA95
Risk15% weightB55HigherD32
Tradability15% weightA83HigherA79
Holdings10% weightA81A89Higher
Durability5% weightA76A87Higher

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 SMIN 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 SMIN 4th 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
  5. Rank 5BIOPPSimplify Tara India Opportunities ETFScore 66

Our read on each fund

ETF.net Research

FLINAFranklin FTSE India ETF

SMINAiShares MSCI India Small-Cap 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.

SMIN Most 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.

Stated mandate

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

SMIN The fund seeks to track the investment results of an index representing small-capitalization equity securities in India.

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.
  • SMIN 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

  • 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.
  • SMIN 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.

Full FLIN profile⁠

Full SMIN profile⁠

FLIN vs SMIN 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 SMIN Cost

Overpaying SMIN vs FLIN

$10,355

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

  • FLIN 0.19%

    $3,952

  • SMIN 0.74%

    $14,307

$10,000
30 years

Cost over time

  • FLIN 0.19%
  • SMIN 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SMIN $14,307FLIN $3,952

Year by year

YearFLINSMINOverpaying
10$347$1,319$972
20$1,351$5,015$3,664
30$3,952$14,307$10,355

Expense ratio

  • 0.19%FLIN, cheaper
  • 0.74%SMIN
  • Middle half of India funds
  • Median 0.75%

FLIN cheapest of 19 funds

SMIN 9th cheapest of 19 funds

FLIN vs SMIN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FLIN 0.45%
SMIN 2.11%, better
Payout (12M)
FLIN $0.15
SMIN $1.41
Last payment
FLIN $0.15
SMIN $1.41
Ex-dividend
FLIN Dec 19, 2025
SMIN Dec 16, 2025
Paid on
FLIN Dec 29, 2025
SMIN Dec 19, 2025
Frequency
FLIN Twice a year
SMIN Annual

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$52017202020232026YTD
SMINAnnual · 12 paymentsAll SMIN payments⁠
One bar per payment. 12 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.47; Jun 19, 2018 $0.65; Jun 17, 2019 $0.21; Dec 16, 2019 $0.42; Jun 15, 2020 $0.40; Dec 14, 2020 $0.05; Dec 13, 2021 $0.77; Dec 13, 2022 $0.0038; Jun 7, 2023 $0.04; Dec 20, 2023 $0.24; Dec 17, 2024 $5.23; Dec 16, 2025 $1.41. Use the arrow keys to read each point.$0$52017202020232026YTD

FLIN vs SMIN Risk

Fall from peak · 5 years

  • FLIN
  • SMIN
Oct 29, 2021 to Oct 30, 2026. Worst fall: SMIN −27.5% · Mar 2026. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
FLIN 14.2%, betterSMIN 18.1%
Return per unit of riskSharpe ratio, 3 years
FLIN 0.05SMIN 0.15, better
Worst fallMax drawdown, 5 years
FLIN −22.9%, betterSMIN −27.5%
Market sensitivityBeta, 5 years
FLIN 0.46SMIN 0.48

FLIN and SMIN in the news

All news⁠

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