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GIND vs INDA

Goldman Sachs India Equity ETF

GINDBNasdaq

iShares MSCI India ETF

INDAACboe

Overlap

Expense ratio

INDA −0.14pt a year

GIND0.75%INDA0.61%

Avg volume · 30D

INDA 852.6×the volume

GIND6.19KINDA5.28M

GIND vs INDA Performance

Oct 31, 2025 – Oct 30, 2026

−11.9%GIND−11.6%INDA

Oct 31, 2025 to Oct 30, 2026. GIND −11.9%. INDA −11.6%. Use the arrow keys to read each point.−20%−5%0%Oct 2025Apr 2026Oct 2026
Expense ratio
GIND 0.75%
INDA 0.61%, better
Fund size
GIND $157M
INDA $5.84B
1Y total return
GIND −11.9%
INDA −11.6%, better
Yield (12M)
GIND No data
INDA 0.00%
Holdings
GIND 128
INDA 168
Avg volume (30D)
GIND 6.19K sh
INDA 5.28M sh, better
NAV per share
GIND $23.45
INDA $47.59
52W range

ETF.net Grade

GIND: Cost 42, Risk 43, Mission 100, Tradability 29, Holdings 85, Durability 46. INDA: Cost 89, Risk 55, Mission 100, Tradability 100, Holdings 70, Durability 94.
Pillar letters and Scores for GIND, INDA, with each pillar’s weight
PillarGINDINDA
Cost30% weightC42A89Higher
Mission25% weightA100A100
Risk15% weightC43B55Higher
Tradability15% weightD29A100Higher
Holdings10% weightA85HigherA70
Durability5% weightC46A94Higher

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. GIND and INDA are both graded against the same 19 India funds, so their Grades compare head to head.

India⁠

Category · 19 funds
See all 19 ›

INDA ranks 1st and GIND 10th 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 10BEPIWisdomTree India Earnings FundScore 59
  5. Rank 10BGINDGoldman Sachs India Equity ETFScore 59
  6. Rank 12CIMVPInvesco India ETFScore 53

Our read on each fund

ETF.net Research

GINDBGoldman Sachs India Equity ETF

INDAAiShares MSCI India ETF

In short

GIND Goldman's 2025 arrival in a crowded India aisle: roughly 110 Indian companies in one ticker, priced at the category's going rate. The stated goal on the tin is long-term capital appreciation, not index-hugging.

INDA The default India trade for US investors: one big, heavily traded fund holding roughly 160 mostly larger Indian companies, running since 2012. Priced below the typical India fund, though it is not the category's price leader.

Stated mandate

GIND The Fund seeks long-term capital appreciation.

INDA The fund seeks to track an index composed of Indian equities, providing targeted exposure to India.

Why people hold it

  • GIND One ticker holds roughly 110 Indian companies, a broad slice of the market rather than a short list of familiar names.
  • The 0.75% fee lands right at the median for US-listed India funds, not at a new-launch premium.
  • Stays in its lane. Portfolio and prospectus agree: Indian equities, full stop, with no drift into adjacent markets.
  • Sits in the upper half of the US-listed India funds we cover, a shelf that includes long-established giants like INDA and INDY.
  • INDA Charges 0.61% a year against a 0.75% median for US-listed India funds, so the access fee sits below the category's going rate.
  • A multi-billion-dollar fund and among the most actively traded in its category, so getting in or out rarely means fighting a thin order book.
  • Tracks the MSCI India Index with no side bets, and rates as one of the strongest implementations among US-listed India funds. Live since 2012.

Worth knowing

  • GIND Cheaper shelf-mates exist: FLIN at 0.19%, INDA at 0.61%. That fee gap is the bar this portfolio has to clear.
  • Launched in 2025, so the record is short and the asset base modest. Trading has been light, which tends to mean wider spreads than the aisle's veterans.
  • One country, one currency. Indian stocks and the rupee drive the whole result, with no other market in the mix to cushion a rough stretch.
  • INDA FLIN runs a broad India index for 0.19%. Here you pay up for the deeper trading and the longer live record.
  • One country, one currency. Rupee moves land in your return alongside Indian share prices.
  • Roughly 160 holdings skewed to India's bigger listed names; the small-cap tier sits in a separate fund (SMIN).

Full GIND profile⁠

Full INDA profile⁠

GIND vs INDA 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.

GIND vs INDA Cost

Overpaying GIND vs INDA

$2,484

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

  • GIND 0.75%

    $14,482

  • INDA 0.61%

    $11,998

$10,000
30 years

Cost over time

  • GIND 0.75%
  • INDA 0.61%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530GIND $14,482INDA $11,998

Year by year

YearGINDINDAOverpaying
10$1,336$1,093$243
20$5,078$4,181$897
30$14,482$11,998$2,484

Expense ratio

  • 0.75%GIND
  • 0.61%INDA, cheaper
  • Middle half of India funds
  • Median 0.75%

INDA 3rd cheapest of 19 funds

GIND 10th cheapest of 19 funds

GIND vs INDA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GIND No data
INDA 0.00%
Payout (12M)
GIND No data
INDA None
Last payment
GIND $0.17
INDA No data
Ex-dividend
GIND Sep 24, 2026
INDA No data
Paid on
GIND Sep 30, 2026
INDA No data
Frequency
GIND Irregular
INDA No data

Distribution history

Per share, 2017 to 2026, same scale for both

GINDIrregular · 1 paymentAll GIND payments⁠
One bar per payment. 1 payment from 2017 to 2026 YTD. Sep 24, 2026 $0.17. Use the arrow keys to read each point.$0$2.502017202020232026YTD
INDA14 paymentsAll INDA payments⁠
One bar per payment. 14 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.13; Dec 19, 2017 $0.27; Jun 19, 2018 $0.05; Dec 18, 2018 $0.25; Dec 28, 2018 $0.02; Jun 17, 2019 $0.32; Dec 16, 2019 $0.03; Jun 15, 2020 $0.08; Dec 14, 2020 $0.03; Jun 10, 2021 $0.04; Dec 13, 2021 $2.88; Dec 30, 2021 $0.03; Jun 7, 2023 $0.08; Dec 17, 2024 $0.40. Use the arrow keys to read each point.$0$2.502017202020232026YTD

GIND vs INDA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GIND 15.5%since May 2025INDA 13.7%
Return per unit of riskSharpe ratio, 3 years
GIND −0.58since May 2025INDA 0.00007
Worst fallMax drawdown, 5 years
GIND −23.0%since Apr 2025INDA −22.7%
Market sensitivityBeta, 5 years
GIND 0.87INDA 0.56

GIND and INDA in the news

All news⁠

Popular comparisons

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