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ETFs

Invesco India ETF

PIN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 05 2008
Expense Ratio
0.78%
Type
Global Ex. US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$244,395
AUM
$93,588,020
Associated Index
FTSE India Quality and Yield Select Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

500325
Reliance Industries Ltd.
10.07%
500010
Housing Development Finance Corporation Ltd.
5.92%
500209
Infosys Ltd
5.90%
532540
Tata Consultancy Services
4.25%
500696
Hindustan Unilever Ltd.
2.95%
532215
Axis Bank Ltd
2.67%
532454
Bharti Airtel Ltd.
2.37%
500034
Bajaj Finance Ltd
2.07%
500510
Larsen & Toubro Ltd.
1.91%
532174
ICICI Bank Ltd.
1.87%
Invest with PIN

What is PIN?

The Invesco India ETF (Fund) is based on the FTSE India Quality And Yield Select Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index as well as American depositary receipts and global depositary receipts based on the securities in the Index. The Index is constructed by evaluating all securities in the FTSE India Index and first excluding securities in the bottom 10% based on their 12-month trailing dividend yield. Of the remaining securities, those ranked in the bottom 10% by their quality scores are also then excluded.

ETFs related toPIN

ETFs correlated to PIN include INDA, FLIN, INDY

PIN
Invesco Capital Management LLC - Invesco India ETF
INDA
BlackRock Institutional Trust Company N.A. - iShares MSCI India ETF
FLIN
Franklin Templeton ETF Trust - Franklin FTSE India ETF
INDY
BlackRock Institutional Trust Company N.A. - iShares India 50 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
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI 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.

Automated Strategies
Related toPIN

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with PIN using Composer

FAQ

PIN is a Global Ex. US Equities ETF. The Invesco India ETF (Fund) is based on the FTSE India Quality And Yield Select Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index as well as American depositary receipts and global depositary receipts based on the securities in the Index. The Index is constructed by evaluating all securities in the FTSE India Index and first excluding securities in the bottom 10% based on their 12-month trailing dividend yield. Of the remaining securities, those ranked in the bottom 10% by their quality scores are also then excluded.

PIN tracks the FTSE India Quality and Yield Select Index.

No, PIN 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, PIN 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 PIN is 0.0153%. This is the percent change in the value of PIN over the most recent 1-month period. The 3-month return on PIN is 0.0496%. This is the percent change in the value of PIN over the most recent 3-month period.

The standard deviation of PIN for the past year is 0.1948%. 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 PIN include EWT, EWZ, and EWW.

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

ETFs that are inversely correlated to PIN include EPV, SPDN, 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.