India Internet Ecommerce Etf Profile
INQQ Etf | USD 16.48 0.01 0.06% |
Performance3 of 100
| Odds Of DistressLess than 9
|
India Internet is selling at 16.48 as of the 28th of November 2024; that is 0.06 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 16.47. India Internet has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for India Internet Ecommerce are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests in securities comprising the index or in depositary receipts representing securities of the index. India Internet is traded on NYSEARCA Exchange in the United States. More on India Internet Ecommerce
Moving together with India Etf
0.78 | INDA | iShares MSCI India | PairCorr |
0.75 | EPI | WisdomTree India Earnings | PairCorr |
0.89 | INDSX | Financial Investors Trust | PairCorr |
0.81 | SMIN | iShares MSCI India | PairCorr |
0.77 | PIN | Invesco India ETF | PairCorr |
0.78 | FLIN | Franklin FTSE India | PairCorr |
Moving against India Etf
India Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Sector ETFs, Information Technology ETFs, India Equity, Exchange Traded Concepts (View all Sectors) |
Issuer | Exchange Traded Concepts |
Inception Date | 2022-04-06 |
Benchmark | India Internet & Ecommerce Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 52.09 Million |
Asset Type | Equity |
Category | Sector |
Focus | Information Technology |
Market Concentration | Emerging Markets |
Region | Asia-Pacific |
Administrator | SEI Investments Global Funds Services |
Advisor | Exchange Traded Concepts, LLC |
Custodian | Brown Brothers Harriman & Co. |
Distributor | SEI Investments Distribution Co. |
Portfolio Manager | Andrew Serowik, Todd Alberico, Gabriel Tan |
Transfer Agent | Brown Brothers Harriman & Co. |
Fiscal Year End | 31-Aug |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 29.0 |
Market Maker | GTS |
Total Expense | 0.86 |
Management Fee | 0.86 |
Country Name | USA |
Returns Y T D | 19.93 |
Name | India Internet Ecommerce ETF |
Currency Code | USD |
Open Figi | BBG016CBT4T6 |
1y Volatility | 12.64 |
200 Day M A | 15.177 |
50 Day M A | 16.1593 |
Code | INQQ |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
Type | ETF |
India Internet Ecommerce [INQQ] is traded in USA and was established 2022-04-05. The fund is listed under India Equity category and is part of Exchange Traded Concepts family. The entity is thematically classified as Sector ETFs. India Internet Ecommerce currently have 806.7 K in assets under management (AUM). , while the total return for the last year was 28.5%.
Check India Internet Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on India Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding India Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as India Internet Ecommerce Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
India Internet Ecommerce Currency Exposure
India Internet Ecommerce holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of India Internet will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in India Internet Ecommerce.
Top India Internet Ecommerce Etf Constituents
MMYT | MakeMyTrip Limited | Stock | Consumer Discretionary | |
INTELLECT | Intellect Design Arena | Stock | Information Technology | |
BAJFINANCE | Bajaj Finance Limited | Stock | Financials | |
ROUTE | ROUTE MOBILE LIMITED | Stock | Communication Services | |
HAPPSTMNDS | Happiest Minds Technologies | Stock | Information Technology | |
ANGELONE | Angel One Limited | Stock | Financials | |
NAZARA | Nazara Technologies Limited | Stock | Communication Services | |
JIOFIN | JIO Financial Services | Stock | Financials |
India Internet Ecommerce Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in India Internet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0392 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | (0.08) |
India Internet Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Internet Ecommerce. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of India Internet Ecommerce is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Internet's value that differs from its market value or its book value, called intrinsic value, which is India Internet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Internet's market value can be influenced by many factors that don't directly affect India Internet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Internet's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Internet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Internet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.