INDAvsNFTYETF Comparison
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iShares MSCI India ETF (INDA) and First Trust India NIFTY 50 Equal Weight ETF (NFTY) belong to the same industry segment: EM Large & Mid Cap. INDA's top 3 sector exposures are Finance, Industrials and Non-Energy Materials. In contrast, NFTY's top sector exposures are Consumer Cyclicals, Finance and Industrials. INDA is less expensive with a Total Expense Ratio (TER) of 0.61%, versus 0.81% for NFTY. INDA is down -11.08% year-to-date (YTD) with -$1.92B in YTD flows. NFTY performs better with -9.17% YTD performance, and -$35M in YTD flows. Run a side-by-side ETF comparison of INDA and NFTY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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INDA vs NFTY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | INDA NFTY | -2.71%-1.70% | -1.98%-2.41% | -11.08%-9.17% | -11.05%-8.63% | +9.34%+13.58% | +15.65%+29.28% |
| Flows | INDA NFTY | -$131M-$8M | +$233M-$13M | -$1.92B-$35M | -$2.55B-$68M | +$301M-$2M | +$386M+$31M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | INDA NFTY | +13.91%+14.27% | +14.05%+14.59% | +14.68%+14.86% | +15.34%+15.69% |
| Max drawdown | INDA NFTY | -5.19%-4.57% | -17.75%-15.88% | -23.22%-21.57% | -23.22%-21.57% |
| Max drawdown duration | INDA NFTY | 79d77d | 275d267d | 666d665d | 666d665d |
Trading data
INDA | NFTY | |
Last sale 7/24/2026 at 1:30 PM | $48.02 | $52.76 |
| Previous close 07/23/2026 | $47.63 | $52.50 |
| Consolidated volume 07/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
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INDA | NFTY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 7/24/2026 at 1:30 PM
Live
Closed
INDA | NFTY | |
|---|---|---|
| Last price | $48.02 | $52.76 |
| 1D performance | +0.82% | +0.50% |
| AuM | $6.59 B | $124.30 M |
| E/R | 0.61% | 0.81% |
Characteristics
INDA | NFTY | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | First Trust |
| Benchmark | MSCI Emerging Markets India Index | NIFTY50 Equal Weight Index |
| N° of holdings | 166 | 42 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 2, 2012 | February 14, 2012 |
| ESG | No | No |
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Exposure
Countries
INDA
India
99.55%
Other
0.45%
NFTY
India
81.44%
Other
18.56%
Sectors
INDA
Finance
31.62%
Industrials
11.73%
Non-Energy Materi.
9.39%
Consumer Cyclical.
9.17%
Energy
8.63%
Other
29.46%
NFTY
Consumer Cyclical.
14.13%
Finance
11.93%
Industrials
10.1%
Non-Energy Materi.
9.92%
Technology
9.39%
Healthcare
8.12%
Other
36.41%
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Diversification
INDA
Total weight of top 15 holdings out of 15
42.58%
NFTY
Total weight of top 15 holdings out of 15
30.67%
Top 15 holdings
Data as of June 30, 2026
INDA
HDFC Bank Ltd.
6.52%
Reliance Industries Ltd.
6.06%
ICICI Bank Ltd.
5.59%
Bharti Airtel Ltd.
3.89%
BlackRock Cash Funds - Treasury
2.75%
Infosys Ltd.
2.33%
Axis Bank Ltd.
2.31%
Larsen & Toubro Ltd.
2.14%
Mahindra & Mahindra Ltd.
2.06%
Bajaj Finance Ltd.
1.93%
Kotak Mahindra Bank Ltd.
1.67%
State Bank of India
1.47%
Sun Pharmaceutical Industries Ltd.
1.29%
Tata Consultancy Services Ltd.
1.28%
Maruti Suzuki India Ltd.
1.28%
NFTY
Maruti Suzuki India Ltd.
2.17%
Max Healthcare Institute Ltd.
2.10%
InterGlobe Aviation Ltd.
2.07%
INE721A01013
2.05%
Adani Enterprises Ltd.
2.04%
Mahindra & Mahindra Ltd.
2.04%
Titan Co. Ltd.
2.03%
Adani Ports & Special Economic Zone Ltd.
2.03%
Asian Paints Ltd.
2.03%
Hindustan Unilever Ltd.
2.02%
Trent Ltd.
2.02%
Cipla Ltd.
2.02%
State Bank of India
2.02%
SBI Life Insurance Co. Ltd.
2.02%
Apollo Hospitals Enterprise Ltd.
2.01%
Frequently asked questions about INDA and NFTY
How have the INDA and NFTY ETFs performed in 2026?
As of July 24, 2026, INDA is down -11.08% year-to-date (YTD), while NFTY has lost -9.17%. That puts NFTY better performer ahead so far this year.
Which ETF is attracting more investor money: INDA or NFTY?
Year-to-date, the INDA ETF saw -$1.92B in flows, compared to -$35M for NFTY.
Which ETF is more volatile: INDA or NFTY?
Over the past year, INDA had a volatility of 14.05%, while NFTY experienced 14.59%.
Which ETF is bigger: INDA or NFTY?
As of July 24, 2026, INDA holds $6.59 B in assets under management (AUM), while NFTY manages $124.30 M.
What sectors do the INDA and NFTY ETFs invest in?
INDA leans toward sectors like Finance, Industrials and Non-Energy Materials. Meanwhile, NFTY focuses on Consumer Cyclicals, Finance and Industrials.
What are the top holdings of the INDA ETF and NFTY ETF?
INDA top holdings include HDFC Bank Ltd., Reliance Industries Ltd. and ICICI Bank Ltd.. NFTY holds in its top three: Maruti Suzuki India Ltd., Max Healthcare Institute Ltd. and InterGlobe Aviation Ltd..
Which ETF is more diversified: INDA or NFTY?
INDA holds 166 securities with 42.58% of its assets in the top 15. NFTY has 42 securities and a top 15 weight of 30.67%.
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Latest news about INDA & NFTY
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