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INDQ vs INDY

Pacer ActiveAlpha India Quality ETF

INDQDNasdaq

iShares India 50 ETF

INDYANasdaq

Overlap

Expense ratio

INDY −0.23pt a year

INDQ0.88%INDY0.65%

Avg volume · 30D

INDY 107.4×the volume

INDQ1.05KINDY112K

INDQ vs INDY Performance

Jul 31, 2026 – Oct 30, 2026

−6.3%INDQ−2.8%INDY

Jul 31, 2026 to Oct 30, 2026. INDQ −6.3%. INDY −2.8%. Use the arrow keys to read each point.0%2.5%Jul 2026Sep 2026Oct 2026
Expense ratio
INDQ 0.88%
INDY 0.65%, better
Fund size
INDQ $2M
INDY $507M
1Y total return
INDQ No data
INDY −12.8%
Yield (12M)
INDQ No data
INDY 9.63%
Holdings
INDQ 29
INDY 54
Avg volume (30D)
INDQ 1.05K sh
INDY 112K sh, better
NAV per share
INDQ $24.52
INDY $42.41
52W range

ETF.net Grade

INDQ: Cost 0, Risk 85, Mission not scored, Tradability 36, Holdings 54, Durability 24. INDY: Cost 78, Risk 49, Mission 100, Tradability 83, Holdings 35, Durability 84.
Pillar letters and Scores for INDQ, INDY, with each pillar’s weight
PillarINDQINDY
Cost30% weightF0A78Higher
Mission25% weightNot scoredA100
Risk15% weightA85HigherC49
Tradability15% weightD36A83Higher
Holdings10% weightC54HigherD35
Durability5% weightF24A84Higher

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. INDQ 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 INDQ 18th 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 17CINDXtrackers Nifty 500 India ETFScore 40
  6. Rank 18DINDQPacer ActiveAlpha India Quality ETFScore 33
  7. Rank 19FINQQThe India Internet ETFScore 19

Our read on each fund

ETF.net Research

INDQDPacer ActiveAlpha India Quality ETF

INDYAiShares India 50 ETF

In short

INDQ Most India funds hand you the same large-cap giants. INDQ screens the Nifty 500 and Nifty Microcap 250 on quality, value and momentum, keeps roughly 20 to 30 names, and rebuilds quarterly.

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

INDQ The fund seeks capital appreciation by screening the ActiveAlpha India Quality Index for leading companies using quality, value, and momentum criteria.

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

  • INDQ The index ranks on quality, value and momentum, then holds roughly 20 to 30 Indian companies with weighting caps. Concentrated enough that individual names actually register.yahoo.com
  • The starting universe pairs the Nifty 500 with the Nifty Microcap 250, so smaller Indian companies are in scope, not only the household blue chips.yahoo.com
  • Built with ActiveAlpha, a Mumbai-based index provider, and rebalanced quarterly so the roster reflects current factor rankings rather than last year's leaders.yahoo.compaceretfs.com
  • 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

  • INDQ At 0.88% a year, it costs several times the broad international factor funds (INTF at 0.16%, GSIE at 0.25%). Single-country concentration and local research carry a price tag.
  • Launched in 2026, still small and lightly traded. Spreads can run wider than on the big established India index funds.
  • About 30 stocks in one emerging market: company, sector and rupee moves all land in the price. The stated mandate is capital appreciation, not income.
  • 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 INDQ profile⁠

Full INDY profile⁠

INDQ vs INDY Holdings

As of
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.

INDQ vs INDY Cost

Overpaying INDQ vs INDY

$3,988

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

  • INDQ 0.88%

    $16,705

  • INDY 0.65%

    $12,717

$10,000
30 years

Cost over time

  • INDQ 0.88%
  • 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$15K$20K051015202530INDQ $16,705INDY $12,717

Year by year

YearINDQINDYOverpaying
10$1,559$1,163$396
20$5,891$4,440$1,451
30$16,705$12,717$3,988

Expense ratio

  • 0.88%INDQ
  • 0.65%INDY, cheaper
  • Middle half of India funds
  • Median 0.75%

INDY 5th cheapest of 19 funds

INDQ 19th cheapest of 19 funds

INDQ vs INDY Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
INDQ No data
INDY 9.63%
Payout (12M)
INDQ No data
INDY $4.09
Last payment
INDQ $0.08
INDY $0.10
Ex-dividend
INDQ Sep 3, 2026
INDY Jun 15, 2026
Paid on
INDQ Sep 8, 2026
INDY Jun 18, 2026
Frequency
INDQ Irregular
INDY Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

INDQIrregular · 1 paymentAll INDQ payments⁠
One bar per payment. 1 payment from 2017 to 2026 YTD. Sep 3, 2026 $0.08. 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

INDQ vs INDY Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
INDQ No dataINDY 13.0%
Return per unit of riskSharpe ratio, 3 years
INDQ No dataINDY −0.15
Worst fallMax drawdown, 5 years
INDQ No dataINDY −23.8%
Market sensitivityBeta, 5 years
INDQ 0.32INDY 0.52

INDQ and INDY in the news

All news⁠

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