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INDA vs INQQ

iShares MSCI India ETF

INDAACboe

The India Internet ETF

INQQFNYSE Arca

Overlap

Expense ratio

INDA −0.25pt a year

INDA0.61%INQQ0.86%

Avg volume · 30D

INDA 405.6×the volume

INDA5.65MINQQ13.9K

3Y return · a year

INDA +0.7pt

INDA+5.5%INQQ+4.8%

INDA vs INQQ Performance

Nov 7, 2025 – Nov 9, 2026

−4.4%INDA−9.5%INQQ

Nov 7, 2025 to Nov 9, 2026. INDA −4.4%. INQQ −9.5%. Use the arrow keys to read each point.−25%−20%−15%0%Nov 2025May 2026Nov 2026
Expense ratio
INDA 0.61%, better
INQQ 0.86%
Fund size
INDA $6.36B
INQQ $39M
1Y total return
INDA −4.4%, better
INQQ −9.5%
Yield (12M)
INDA 0.00%
INQQ 2.37%, better
Holdings
INDA 168
INQQ 26
Avg volume (30D)
INDA 5.65M sh, better
INQQ 13.9K sh
NAV per share
INDA $51.09
INQQ $13.81
52W range

ETF.net Grade

INDA: Cost 89, Risk 52, Mission 100, Tradability 100, Holdings 70, Durability 94. INQQ: Cost 6, Risk 21, Mission not scored, Tradability 37, Holdings 13, Durability 44.
Pillar letters and Scores for INDA, INQQ, with each pillar’s weight
PillarINDAINQQ
Cost30% weightA89HigherF6
Mission25% weightA100Not scored
Risk15% weightC52HigherF21
Tradability15% weightA100HigherD37
Holdings10% weightA70HigherF13
Durability5% weightA94HigherC44

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. INDA and INQQ 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 INQQ 19th 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 18DINDQPacer ActiveAlpha India Quality ETFScore 30
  5. Rank 19FINQQThe India Internet ETFScore 18

Our read on each fund

ETF.net Research

INDAAiShares MSCI India ETF

INQQFThe India Internet ETF

In short

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.

INQQ Most e-commerce ETFs are Amazon-and-friends with a sprinkle of the world. INQQ goes the other way: a concentrated basket of Indian internet and online-commerce companies, and nothing else.

Stated mandate

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

INQQ The fund seeks to track an index representing an investable universe of publicly traded Indian internet and ecommerce companies.

Why people hold it

  • 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.
  • INQQ Single-country focus. The index covers publicly traded Indian internet and ecommerce companies, a mandate its peers in the e-commerce cohort (EBIZ, IBUY, ONLN) don't offer.
  • Plain plumbing: an index-tracking 1940 Act equity fund that owns the stocks. No swaps, no leverage, no derivatives overlay to unpack.
  • Deliberately tight. A couple dozen names means the leading Indian internet businesses drive returns instead of being diluted by a 200-stock tail.
  • From EMQQ Global, a boutique issuer built around emerging-market internet indexing, which launched INQQ in 2022 to isolate India.

Worth knowing

  • 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).
  • INQQ The specialty carries a specialty price: 0.86% a year, above broader e-commerce options like OGIG (0.48%) and EBIZ (0.50%).
  • Small and thinly traded, so bid-ask spreads can run wider than in the large global e-commerce funds.
  • One country, one theme, a couple dozen stocks. Indian market swings, currency moves and local regulation land here undiluted.

Full INDA profile⁠

Full INQQ profile⁠

INDA vs INQQ 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.

INDA vs INQQ Cost

Overpaying INQQ vs INDA

$4,370

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

  • INDA 0.61%

    $11,998

  • INQQ 0.86%

    $16,368

$10,000
30 years

Cost over time

  • INDA 0.61%
  • INQQ 0.86%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530INQQ $16,368INDA $11,998

Year by year

YearINDAINQQOverpaying
10$1,093$1,525$432
20$4,181$5,768$1,587
30$11,998$16,368$4,370

Expense ratio

  • 0.61%INDA, cheaper
  • 0.86%INQQ
  • Middle half of India funds
  • Median 0.75%

INDA 3rd cheapest of 19 funds

INQQ 18th cheapest of 19 funds

INDA vs INQQ Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
INDA 0.00%
INQQ 2.37%, better
Payout (12M)
INDA None
INQQ $0.33
Last payment
INDA No data
INQQ $0.33
Ex-dividend
INDA No data
INQQ Dec 30, 2025
Paid on
INDA No data
INQQ Dec 31, 2025
Frequency
INDA No data
INQQ Annual

Distribution history

Per share, 2017 to 2026, same scale for both

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
INQQAnnual · 3 paymentsAll INQQ payments⁠
One bar per payment. 3 payments from 2017 to 2026 YTD. Dec 26, 2023 $0.006; Dec 30, 2024 $0.19; Dec 30, 2025 $0.33. Use the arrow keys to read each point.$0$2.502017202020232026YTD

INDA vs INQQ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
INDA 13.7%, betterINQQ 17.7%
Return per unit of riskSharpe ratio, 3 years
INDA 0.00007, betterINQQ −0.01
Worst fallMax drawdown, 5 years
INDA −22.7%INQQ −40.5%since Apr 2022
Market sensitivityBeta, 5 years
INDA 0.56INQQ 0.51

INDA and INQQ in the news

All news⁠

Popular comparisons

  • INDAAvsFLINA

    iShares MSCI India ETF · Franklin FTSE India ETF

    Expense ratio
    0.61% · 0.19%
    Category
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  • INQQFvsFLINA

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    Category
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  • INDAAvsINDYA

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    Category
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  • INDAAvsSMINA

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    Category
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    Category
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