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INCO vs INDY

Columbia India Consumer ETF

INCOCNYSE Arca

iShares India 50 ETF

INDYANasdaq

Overlap

Expense ratio

INDY −0.10pt a year

INCO0.75%INDY0.65%

Avg volume · 30D

INDY 4.5×the volume

INCO25KINDY112K

10Y return · a year

INCO +1.5pt

INCO+7.7%INDY+6.2%

INCO vs INDY Performance

Nov 2, 2021 – Nov 2, 2026

+25.4%INCO+0.1%INDY

Nov 2, 2021 to Nov 2, 2026. INCO +25.4%. INDY +0.1%. Use the arrow keys to read each point.−20%40%60%Nov 2021May 2024Nov 2026
Expense ratio
INCO 0.75%
INDY 0.65%, better
Fund size
INCO $205M
INDY $507M
1Y total return
INCO −10.2%, better
INDY −11.5%
Yield (12M)
INCO 0.00%
INDY 9.48%, better
Holdings
INCO 32
INDY 53
Avg volume (30D)
INCO 25K sh
INDY 112K sh, better
NAV per share
INCO $58.26
INDY $42.41
52W range

ETF.net Grade

INCO: Cost 42, Risk 49, Mission not scored, Tradability 61, Holdings 31, Durability 61. INDY: Cost 78, Risk 49, Mission 100, Tradability 82, Holdings 35, Durability 84.
Pillar letters and Scores for INCO, INDY, with each pillar’s weight
PillarINCOINDY
Cost30% weightC42A78Higher
Mission25% weightNot scoredA100
Risk15% weightC49C49
Tradability15% weightB61A82Higher
Holdings10% weightD31D35Higher
Durability5% weightB61A84Higher

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. INCO 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 ›

INDY ranks 3rd and INCO 15th 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 13CINDZVanEck India Select ETFScore 49
  6. Rank 15CINCOColumbia India Consumer ETFScore 46
  7. Rank 16CDGINVanEck Digital India ETFScore 44

Our read on each fund

ETF.net Research

INCOCColumbia India Consumer ETF

INDYAiShares India 50 ETF

In short

INCO Most India ETFs hand you the whole market: banks, software, energy. INCO buys the shopping cart instead, a concentrated basket of Indian consumer discretionary and staples companies, tracking a rules-based index since 2011.

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

INCO The Fund is passively managed and seeks to track an unaffiliated index while investing predominantly in Indian securities. Its exposure is concentrated in consumer discretionary and consumer staples companies.

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

  • INCO A direct play on Indian household spending: consumer discretionary and staples only, not a thin sliver buried inside a broad-market index.
  • Passive and rules-based, following the Indxx India Consumer Goods Index, and it has stuck closely to that stated mandate.
  • Live since 2011, carrying the same consumer mandate through more than a decade of Indian market cycles. Long track record for a niche theme.
  • 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

  • INCO The 0.76% expense ratio sits right at the India-fund median, but well above broad options like FLIN at 0.19%. A focused slice prices higher than the whole market.
  • Roughly 30 stocks in two sectors: individual names carry real weight, and a consumer-led selloff leaves nowhere to hide.
  • A smaller, thinly traded fund, so spreads can run wider than on the big broad-India names. Income has not been part of the story here.
  • 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 INCO profile⁠

Full INDY profile⁠

INCO 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.

INCO vs INDY Cost

Overpaying INCO vs INDY

$1,765

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

  • INCO 0.75%

    $14,482

  • INDY 0.65%

    $12,717

$10,000
30 years

Cost over time

  • INCO 0.75%
  • 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$15K051015202530INCO $14,482INDY $12,717

Year by year

YearINCOINDYOverpaying
10$1,336$1,163$173
20$5,078$4,440$638
30$14,482$12,717$1,765

Expense ratio

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

INDY 5th cheapest of 19 funds

INCO 10th cheapest of 19 funds

INCO vs INDY Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
INCO 0.00%
INDY 9.48%, better
Payout (12M)
INCO None
INDY $4.09
Last payment
INCO No data
INDY $0.10
Ex-dividend
INCO No data
INDY Jun 15, 2026
Paid on
INCO No data
INDY Jun 18, 2026
Frequency
INCO No data
INDY Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

INCO8 paymentsAll INCO payments⁠
One bar per payment. 8 payments from 2017 to 2026 YTD. Dec 15, 2017 $0.03; Dec 21, 2018 $0.05; Dec 20, 2019 $0.12; Dec 18, 2020 $0.16; Dec 20, 2021 $3.37; Dec 19, 2022 $4.80; Dec 18, 2023 $2.24; Dec 18, 2024 $1.86. Use the arrow keys to read each point.$0$52017202020232026YTD
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$52017202020232026YTD

INCO vs INDY Risk

Fall from peak · 5 years

  • INCO
  • INDY
Nov 2, 2021 to Nov 2, 2026. Worst fall: INCO −30.0% · Mar 2026. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
INCO 17.6%INDY 13.0%, better
Return per unit of riskSharpe ratio, 3 years
INCO 0.14, betterINDY −0.15
Worst fallMax drawdown, 5 years
INCO −30.0%INDY −23.8%, better
Market sensitivityBeta, 5 years
INCO 0.73INDY 0.52

INCO and INDY in the news

All news⁠

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