Skip to Content
ETFs

iShares India 50 ETF

INDY
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 18, 2009
Expense Ratio
0.89%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$3,146,693
AUM
$666,563,091
Associated Index
NIFTY 50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

500180
HDFC Bank Ltd.
13.19%
500325
Reliance Industries Ltd.
9.2%
532174
ICICI Bank Ltd.
7.68%
500209
Infosys Ltd
6.17%
500875
ITC Ltd.
4.52%
532540
Tata Consultancy Services Ltd.
4.27%
500510
Larsen & Toubro Ltd.
4.08%
532215
Axis Bank Ltd
3.22%
500247
Kotak Mahindra Bank Ltd.
2.98%
500112
State Bank of India
2.65%
Invest with INDY
Trade INDY Options

What is INDY?

The Fund seeks to track the investment results of the Nifty 50 Index (the Underlying Index ), which measures the equity performance of the top 50 companies by free float market capitalization whose equity securities trade in the Indian securities markets. The Underlying Index may include large-, mid- or small-capitalization companies. Components of the Underlying Index primarily include consumer discretionary, energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

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

INDY
Performance Measures**

for the time period Nov 20, 2009 to Dec 4, 2025

Returns

1M Trailing Return: 0.3%

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

3M Trailing Return: 2.9%

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

Measures of Risk or Volatility

Max Drawdown: -44.7%

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

Standard Deviation: 22.4%

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: 0.37

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: 0.13

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

ETFs related toINDY

ETFs correlated to INDY include INDA, FLIN, PIN

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
SMIN
BlackRock Institutional Trust Company N.A. - iShares MSCI India Small-Cap ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 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.

Trading Strategies
Related toINDY

Primal Funds › Terra Firma (Global Ex-US)

Category

Global ex-US equities, emerging markets, factor investing, regional tilts, quarterly rebalancing

OOS Cumulative Return

17.81%

Create your own algorithmic trading strategy with INDY using Composer

FAQ

INDY is a Global Ex. US Equities ETF. The Fund seeks to track the investment results of the Nifty 50 Index (the Underlying Index ), which measures the equity performance of the top 50 companies by free float market capitalization whose equity securities trade in the Indian securities markets. The Underlying Index may include large-, mid- or small-capitalization companies. Components of the Underlying Index primarily include consumer discretionary, energy, financials and information technology companies. The components of the Underlying Index, and the degree to which these components represent certain industries, may change over time.

INDY tracks the NIFTY 50 Index.

No, INDY 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, INDY 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 INDY is 0.0138%. This is the percent change in the value of INDY over the most recent 1-month period. The 3-month return on INDY is 0.0401%. This is the percent change in the value of INDY over the most recent 3-month period.

The standard deviation of INDY for the past year is 0.1287%. 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 INDY include EWZ, EWW, and EWT.

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

ETFs that are inversely correlated to INDY include EFZ, EPV, and EDZ.

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.