(INDY) iShares India 50 - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US4642895290 • India Equity
INDY: Indian, Stocks, Large-Cap, Equities
The iShares India 50 ETF, listed on the NASDAQ under the ticker symbol INDY, tracks the performance of the top 50 Indian companies by free float market capitalization. These companies are selected based on their market value, with the free float market capitalization methodology ensuring that only the liquid and tradable portion of their shares is considered. The underlying index provides a comprehensive representation of the Indian equity market, covering a broad range of sectors and industries. By investing in this ETF, investors gain exposure to the Indian economy and its growth prospects.
The fund's investment strategy involves replicating the underlying index by holding a portfolio of securities that are substantially identical to the component securities of the index. This means that the fund will typically hold at least 80% of its assets in the same securities that comprise the index, thereby ensuring that the fund's performance closely tracks that of the underlying index. The remaining 20% of the fund's assets may be invested in other securities that have similar economic characteristics to the index components, such as depositary receipts or other ETFs. As a non-diversified fund, the iShares India 50 ETF is not required to meet the same diversification requirements as diversified funds, which can result in a more concentrated portfolio.
From a structural perspective, the iShares India 50 ETF is a US-domiciled fund, listed on the NASDAQ and traded in US dollars. The fund's ISIN, US4642895290, is a unique identifier that facilitates international trading and settlement. As an ETF, the fund offers investors the benefits of transparency, liquidity, and flexibility, allowing them to buy and sell shares throughout the trading day. The fund is categorized as an India Equity ETF, providing investors with a targeted investment solution for accessing the Indian equity market. For more information, investors can visit the iShares website at http://www.ishares.com.
Additional Sources for INDY ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
INDY ETF Overview
Market Cap in USD | 891m |
Category | India Equity |
TER | 0.89% |
IPO / Inception | 2009-11-18 |
INDY ETF Ratings
Growth 5y | 54.5% |
Fundamental | - |
Dividend | 40.2% |
Rel. Strength Industry | -18.2 |
Analysts | - |
Fair Price Momentum | 45.78 USD |
Fair Price DCF | - |
INDY Dividends
Dividend Yield 12m | 0.25% |
Yield on Cost 5y | 0.37% |
Annual Growth 5y | 29.89% |
Payout Consistency | 71.2% |
INDY Growth Ratios
Growth Correlation 3m | -75% |
Growth Correlation 12m | 41.9% |
Growth Correlation 5y | 85.1% |
CAGR 5y | 8.32% |
CAGR/Mean DD 5y | 1.02 |
Sharpe Ratio 12m | -0.18 |
Alpha | -17.89 |
Beta | 0.74 |
Volatility | 12.97% |
Current Volume | 467.9k |
Average Volume 20d | 102.6k |
As of January 30, 2025, the stock is trading at USD 49.51 with a total of 467,900 shares traded.
Over the past week, the price has changed by -0.10%, over one month by -2.65%, over three months by -7.63% and over the past year by +0.07%.
Partly, yes. Based on ValueRay Analyses, iShares India 50 (NASDAQ:INDY) is currently (January 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 54.54 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of INDY as of January 2025 is 45.78. This means that INDY is currently overvalued and has a potential downside of -7.53%.
iShares India 50 has no consensus analysts rating.
According to ValueRays Forecast Model, INDY iShares India 50 will be worth about 50.5 in January 2026. The stock is currently trading at 49.51. This means that the stock has a potential upside of +1.92%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 50.5 | 1.9% |