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INDZ vs SMIN

VanEck India Select ETF

INDZCNYSE Arca

iShares MSCI India Small-Cap ETF

SMINACboe

Overlap

Expense ratio

SMIN −0.01pt a year

INDZ0.75%SMIN0.74%

Avg volume · 30D

SMIN 62.5×the volume

INDZ1.85KSMIN116K

INDZ vs SMIN Performance

Jul 31, 2026 – Oct 30, 2026

−6.9%INDZ−4.6%SMIN

Jul 31, 2026 to Oct 30, 2026. INDZ −6.9%. SMIN −4.6%. Use the arrow keys to read each point.−10%−2.5%0%2.5%Jul 2026Sep 2026Oct 2026
Expense ratio
INDZ 0.75%
SMIN 0.74%, better
Fund size
INDZ $5M
SMIN $669M
1Y total return
INDZ No data
SMIN −7.5%
Yield (12M)
INDZ No data
SMIN 2.11%
Holdings
INDZ 71
SMIN 456
Avg volume (30D)
INDZ 1.85K sh
SMIN 116K sh, better
NAV per share
INDZ $23.42
SMIN $66.28
52W range

ETF.net Grade

INDZ: Cost 42, Risk 68, Mission not scored, Tradability 47, Holdings 59, Durability 22. SMIN: Cost 56, Risk 32, Mission 95, Tradability 79, Holdings 89, Durability 87.
Pillar letters and Scores for INDZ, SMIN, with each pillar’s weight
PillarINDZSMIN
Cost30% weightC42B56Higher
Mission25% weightNot scoredA95
Risk15% weightB68HigherD32
Tradability15% weightC47A79Higher
Holdings10% weightB59A89Higher
Durability5% weightF22A87Higher

Rank among India funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. INDZ and SMIN are both graded against the same 19 India funds, so their Grades compare head to head.

India⁠

Category · 19 funds
See all 19 ›

SMIN ranks 4th 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 5BIOPPSimplify Tara India Opportunities ETFScore 66
  6. Rank 13CINDEMatthews India Active ETF INDEScore 50
  7. Rank 14CINDZVanEck India Select ETFScore 48
  8. Rank 15CINCOColumbia India Consumer ETFScore 46

Our read on each fund

ETF.net Research

INDZCVanEck India Select ETF

SMINAiShares MSCI India Small-Cap ETF

In short

INDZ No data

SMIN Most US-listed India funds stop at the blue chips. SMIN keeps going down-cap, tracking an MSCI index of roughly 500 smaller Indian companies, and it has been doing that job since 2012.

Stated mandate

INDZ No data

SMIN The fund seeks to track the investment results of an index representing small-capitalization equity securities in India.

Why people hold it

INDZ No data

  • SMIN Owns the slice of India the headline funds skip: roughly 500 small caps, versus the 50-name blue-chip lineup at INDY.ishares.com
  • At 0.74%, the fee lands right around the middle of the US India-fund pack, which is unusual for a specialist small-cap sleeve.
  • One of the stronger implementations among US-listed India funds: tight tracking of its stated index, iShares plumbing, and a live record back to 2012.

Worth knowing

INDZ No data

  • SMIN Small caps inside one emerging market swing hard in both directions, and rupee moves stack on top of the stock moves.
  • Reasonable for the niche, pricey next to broad India trackers: FLIN charges 0.19% for the large-cap version of the trade.
  • Moderately traded rather than a top-of-book giant, so size your orders with care. Cash comes back once or twice a year, not monthly.

Full INDZ profile⁠

Full SMIN profile⁠

INDZ vs SMIN 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.

INDZ vs SMIN Cost

Overpaying INDZ vs SMIN

$175

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

  • INDZ 0.75%

    $14,482

  • SMIN 0.74%

    $14,307

$10,000
30 years

Cost over time

  • INDZ 0.75%
  • SMIN 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530INDZ $14,482SMIN $14,307

Year by year

YearINDZSMINOverpaying
10$1,336$1,319$17
20$5,078$5,015$63
30$14,482$14,307$175

Expense ratio

  • 0.75%INDZ
  • 0.74%SMIN, cheaper
  • Middle half of India funds
  • Median 0.75%

SMIN 9th cheapest of 19 funds

INDZ 10th cheapest of 19 funds

INDZ vs SMIN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
INDZ No data
SMIN 2.11%
Payout (12M)
INDZ None
SMIN $1.41
Last payment
INDZ No data
SMIN $1.41
Ex-dividend
INDZ No data
SMIN Dec 16, 2025
Paid on
INDZ No data
SMIN Dec 19, 2025
Frequency
INDZ No data
SMIN Annual

Distribution history

Per share, 2017 to 2026, same scale for both

INDZAll INDZ payments⁠

No distribution history available.

SMINAnnual · 12 paymentsAll SMIN payments⁠
One bar per payment. 12 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.47; Jun 19, 2018 $0.65; Jun 17, 2019 $0.21; Dec 16, 2019 $0.42; Jun 15, 2020 $0.40; Dec 14, 2020 $0.05; Dec 13, 2021 $0.77; Dec 13, 2022 $0.0038; Jun 7, 2023 $0.04; Dec 20, 2023 $0.24; Dec 17, 2024 $5.23; Dec 16, 2025 $1.41. Use the arrow keys to read each point.$0$52017202020232026YTD

INDZ vs SMIN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
INDZ No dataSMIN 18.1%
Return per unit of riskSharpe ratio, 3 years
INDZ No dataSMIN 0.15
Worst fallMax drawdown, 5 years
INDZ No dataSMIN −27.5%
Market sensitivityBeta, 5 years
INDZ 1.20SMIN 0.48

INDZ and SMIN in the news

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