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INDY vs INDZ

iShares India 50 ETF

INDYANasdaq

VanEck India Select ETF

INDZCNYSE Arca

Overlap

7.6%by weight

Expense ratio

INDY −0.10pt a year

INDY0.65%INDZ0.75%

Avg volume · 30D

INDY 60.6×the volume

INDY112KINDZ1.85K

INDY vs INDZ Performance

Jul 31, 2026 – Oct 30, 2026

−2.8%INDY−6.9%INDZ

Jul 31, 2026 to Oct 30, 2026. INDY −2.8%. INDZ −6.9%. Use the arrow keys to read each point.−10%−5%0%2.5%Jul 2026Sep 2026Oct 2026
Expense ratio
INDY 0.65%, better
INDZ 0.75%
Fund size
INDY $507M
INDZ $5M
1Y total return
INDY −12.8%
INDZ No data
Yield (12M)
INDY 9.63%
INDZ No data
Holdings
INDY 54
INDZ 71
Avg volume (30D)
INDY 112K sh, better
INDZ 1.85K sh
NAV per share
INDY $42.41
INDZ $23.42
52W range

ETF.net Grade

INDY: Cost 78, Risk 49, Mission 100, Tradability 83, Holdings 35, Durability 84. INDZ: Cost 42, Risk 68, Mission not scored, Tradability 47, Holdings 59, Durability 22.
Pillar letters and Scores for INDY, INDZ, with each pillar’s weight
PillarINDYINDZ
Cost30% weightA78HigherC42
Mission25% weightA100Not scored
Risk15% weightC49B68Higher
Tradability15% weightA83HigherC47
Holdings10% weightD35B59Higher
Durability5% weightA84HigherF22

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. INDY and INDZ 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 INDZ 14th 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 13CINDEMatthews India Active ETF INDEScore 50
  6. Rank 14CINDZVanEck India Select ETFScore 48
  7. Rank 15CINCOColumbia India Consumer ETFScore 46

Our read on each fund

ETF.net Research

INDYAiShares India 50 ETF

INDZCVanEck India Select ETF

In short

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.

INDZ No data

Stated mandate

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.

INDZ No data

Why people hold it

  • 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

INDZ No data

Worth knowing

  • 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

INDZ No data

Full INDY profile⁠

Full INDZ profile⁠

INDY vs INDZ Holdings

How INDY and INDZ differ

Overlap by weight

7.6%

Shared holdings make up 11.7% of INDY and 10.6% of INDZ.

Level by level

  • Holdings3 in both7.6%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for INDZ.

Country, concentration and asset class

Country by domicile

Country weights in INDY and INDZ, widest gap first
CountryMore in INDYMore in INDZ
IndiaSame weight

Outside the US: INDY 0% developed, 100% emerging. INDZ 0% developed, 100% emerging.

Concentration

Weight in the 10 largest Holdings

  • INDY53.1%
  • INDZ34.9%

Securities held

  • INDY51
  • INDZ69

Asset class

INDY
Equity
INDZ
Equity

Holdings

  • Only in INDY48
  • In both3
  • Only in INDZ66

Only in INDY

48 securities, 86.9% of INDY by weight

  • Hdfc Bank9.84%
  • Icici Bank9.33%
  • Bharti Airtel Ltd5.64%

Only in INDZ

66 securities, 87.8% of INDZ by weight

  • Bharti Airtel Ltd4.54%
  • Icici Bank Ltd4.40%
  • Hdfc Bank Ltd3.91%

Weight gaps

All 3 Holdings in both funds, largest gap first.

Holding weights in INDY and INDZ, widest gap first
HoldingMore in INDYMore in INDZ
Reliance Industries LtdINDY +3.33 points
Bse LtdINDZ +2.99 points
Larsen and Toubro LtdINDY +0.76 points

All 50 INDY holdings⁠All 72 INDZ 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.

INDY vs INDZ Cost

Overpaying INDZ vs INDY

$1,765

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

  • INDY 0.65%

    $12,717

  • INDZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • INDY 0.65%
  • INDZ 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530INDZ $14,482INDY $12,717

Year by year

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

Expense ratio

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

INDY 5th cheapest of 19 funds

INDZ 10th cheapest of 19 funds

INDY vs INDZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
INDY 9.63%
INDZ No data
Payout (12M)
INDY $4.09
INDZ None
Last payment
INDY $0.10
INDZ No data
Ex-dividend
INDY Jun 15, 2026
INDZ No data
Paid on
INDY Jun 18, 2026
INDZ No data
Frequency
INDY Twice a year
INDZ No data

Distribution history

Per share, 2017 to 2026, same scale for both

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
INDZAll INDZ payments⁠

No distribution history available.

INDY vs INDZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
INDY 13.0%INDZ No data
Return per unit of riskSharpe ratio, 3 years
INDY −0.15INDZ No data
Worst fallMax drawdown, 5 years
INDY −23.8%INDZ No data
Market sensitivityBeta, 5 years
INDY 0.52INDZ 1.20

INDY and INDZ in the news

All news⁠

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