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ETFs

Nifty India Financials ETF

INDF
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Oct 20, 2020
Expense Ratio
0.75%
Type
Global Ex. US Equities
Fund Owner
Exchange Traded Concepts
Volume (1m avg. daily)
$26,358
AUM
$7,004,000
Associated Index
Nifty Financial Services 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

532174
ICICI Bank Ltd.
18.28%
500180
HDFC Bank Ltd.
16.85%
500247
Kotak Mahindra Bank Ltd.
7.91%
511218
Shriram Finance Ltd.
4.93%
532215
Axis Bank Ltd
4.74%
511243
Cholamandalam Investment & Finance Co. Ltd.
4.63%
540719
SBI Life Insurance Co. Ltd.
4.58%
500112
State Bank of India
4.53%
500034
Bajaj Finance Ltd
4.45%
EQHDFCLIFE
HDFC Life Insurance Co. Ltd.
4.36%
Invest with INDF
Trade INDF Options

What is INDF?

INDF Nifty India Financials ETF tracks the Nifty Financial Services 25/50 Index, which reflects the performance of Indian banks, financial institutions, housing finance companies, insurance companies and other financial services companies.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

INDF
Performance Measures**

for the time period Dec 5, 2024 to Aug 27, 2025

Returns

1M Trailing Return: -1.9%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -3.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -10.4%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 16.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.24

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.25

The annualized return divided by the max drawdown for the selected time period.

ETFs related toINDF

ETFs correlated to INDF include INDY, INDA, FLIN

INDF
Exchange Traded Concepts Trust - Nifty India Financials ETF
INDY
BlackRock Institutional Trust Company N.A. - iShares India 50 ETF
INDA
BlackRock Institutional Trust Company N.A. - iShares MSCI India ETF
FLIN
Franklin Templeton ETF Trust - Franklin FTSE India ETF
PIN
Invesco Capital Management LLC - Invesco India ETF
EPI
WisdomTree Trust - WisdomTree India Earnings Fund
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
SMIN
BlackRock Institutional Trust Company N.A. - iShares MSCI India Small-Cap ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
AMZY
Tidal Trust II - YieldMax AMZN Option Income Strategy ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

INDF is a Global Ex. US Equities ETF. INDF Nifty India Financials ETF tracks the Nifty Financial Services 25/50 Index, which reflects the performance of Indian banks, financial institutions, housing finance companies, insurance companies and other financial services companies.

INDF tracks the Nifty Financial Services 25/50 Index.

No, INDF is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, INDF is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on INDF is 0.021%. This is the percent change in the value of INDF over the most recent 1-month period. The 3-month return on INDF is 0.0341%. This is the percent change in the value of INDF over the most recent 3-month period.

The standard deviation of INDF for the past year is 0.1596%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to INDF include IXJ, SMH, and URA.

ETFs correlated to INDF include INDY, INDA, and FLIN.

ETFs that are inversely correlated to INDF include EPV, EFZ, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.