India Internet & Ecommerce ETF (INQQ)
| Assets | $1.14M |
| Expense Ratio | 0.86% |
| PE Ratio | 15.67 |
| Shares Out | 120,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | n/a |
| Volume | 1,114 |
| Open | 9.66 |
| Previous Close | 9.57 |
| Day's Range | 9.66 - 9.66 |
| 52-Week Low | 9.53 |
| 52-Week High | 16.06 |
| Beta | -1.15 |
| Holdings | 25 |
| Inception Date | Apr 6, 2022 |
About INQQ
The India Internet & Ecommerce ETF (INQQ) is an exchange-traded fund that is based on the INQQ The India Internet & Ecommerce index. The fund tracks an index of companies centered around the internet and e-commerce technology in India. Securities are selected and weighted by market-cap. INQQ was launched on Apr 6, 2022 and is managed by Exchange Traded Concepts.
Top 10 Holdings
62.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Reliance Industries Ltd | RELIANCE.NS | 7.80% |
| Info Edge (India) Ltd | NAUKRI.NS | 7.42% |
| PB Fintech Ltd | POLICYBZR.NS | 7.00% |
| Zomato Ltd | ZOMATO.NS | 6.84% |
| One97 Communications Ltd | PAYTM.NS | 6.83% |
| Indian Railway Catering And Tourism Corp Ltd | IRCTC.NS | 5.86% |
| MakeMyTrip Limited | MMYT | 5.77% |
| IndiaMART InterMESH Ltd | INDIAMART.NS | 5.42% |
| FSN E-Commerce Ventures Ltd | NYKAA.NS | 4.83% |
| Indian Energy Exchange Ltd | IEX.NS | 4.61% |
News
Bull vs. Bear: An Indian Century in India Equities ETFs?
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to pla...
Some Strategists Say Now's the Time to Buy Into Emerging Markets
This year, emerging markets have been battered by weak markets, high inflation, and a strong U.S. dollar. While the S&P 500 is down 22% so far this year, the MSCI Emerging Market Index has fallen 29%.
Apple Moves iPhone 14 Production to India
Apple's announcement that it will make its iPhone 14 in India is a clear sign that the tech giant is looking to move production away from China. Although Apple has been assembling phones in India sinc...
Emerging Markets Showing Resilience in the Face of Global Economic Slowdown
While the Federal Reserve continues to raise interest rates at an aggressive pace, the U.S. dollar rises, and the global economy faces a possible recession, emerging markets are showing a surprising r...
VC Investor: “The Buzz Around India Is Not Unfounded”
While emerging markets have been in a bear market, India continues to be the most promising country in the sector. Not only has the country recently overtaken the U.K. as the world's fifth-biggest eco...
Emerging Markets Stocks Are “Outstandingly Cheap” and Expected to Rally
While emerging markets have been through a very tough time — down 40% peak-to-trough — the upshot is that EM stocks are “outstandingly cheap,” according to Morgan Stanley's chief Asia and emerging mar...
India's IPO Market Sees Rebirth
India is seeing a surge in startups planning to go public. Citing data from Prime Database, Nikkei Asia reports that during the first eight months of this year, 20 companies have so far raised about 4...
India to Have 1 Billion Smartphone Users by 2026
India's smartphone usage is blowing up. According to a study by Deloitte, the country is poised to have 1 billion smartphone users by 2026 and will be the second-largest smartphone manufacturer in the...
ETF Investors Should Consider a Growing Opportunity in the Emerging Markets
The rising middle-income consumer class in the developing economies could create staggering growth, bolstering the case for the emerging markets and a targeted EM consumer exchange traded fund strateg...
The Next Big Growth Story: Finding Opportunities In Emerging Markets
The global market pullback has revealed opportunities for long-term investors to capture emerging market growth at a cheaper entry point. In the upcoming webcast, The Next Big Growth Story: Finding Op...
Global Investors See India as a Port in the Storm
After a subdued first half of the year, global investors have become net buyers of Indian equities in July as the country's equity markets provide respite from widespread economic gloom. Nikkei Asia r...
Countries Like Brazil & India Serve as Bright Spots in the EM Landscape
While rising interest rates, a strong U.S. dollar, and a volatile market are serving as major headwinds for emerging markets, countries like Brazil and India are not only holding up well, they're on t...
India Has Components for Long-Term, Sustainable Growth
Things are looking very bright for India. After surpassing the U.K. to become the fifth-largest economy in the world, India is now also the fifth-biggest equity market.
India Fintech Market to Reach $1 Trillion by 2030
India's fintech market is ballooning thanks to several factors within the country, including favorable demographics, growing technology adoption among its citizenry, higher disposable incomes, support...
Investigate India for Emerging Markets Upside
This is another year of struggles for the broader emerging markets equity complex, but as is the case in most years, there are pockets of opportunity in developing economies.
India Internet ETF Home to Some Bargains
One result of domestic growth stocks, including internet equities, slumping in the first half of the year is that there are now attractive valuations to be found in the group. Fortunately for investor...
This INQQ Holding Is on Track to Bring in $1 Billion in Revenue
Paytm is on track to become the first internet company in India to hit $1 billion in annual revenue by the end of its fiscal year in March. The digital payment company is also shifting its focus to pr...
Amid a Possible Recession, India May Be a Good Bet
One fund manager believes that India's domestic market makes the country well-positioned to withstand a global recession.
Indian Food Delivery Company Considers Reorganizational Changes
Indian food delivery company Zomato (ZOMT.NS) is considering making some organizational changes whereby each of its individual businesses would have its own CEO while the parent company would be renam...
Asia Markets Respond Well to Latest Fed Rate Hike
With the Federal Reserve aggressively raising interest rates as a means of battling record-high inflation, investors are giving emerging markets in Asia a closer look. After the Fed's latest rate hike...
India's Latest President Signals Country's Commitment to Progress
While India's presidency is largely ceremonial, the swearing-in of Droupadi Murmu in the position does have some significance.
Emerging Markets Fundamentals Are Solid
While investors and analysts are concerned about high inflation, aggressive monetary tightening, and a possible recession, emerging markets fundamentals are relatively solid. Emerging markets equities...
India Poised to Become World's Most Populous Country
India is projected to become the most populated nation in the world in 2023 as China's population growth is expected to decrease sharply, according to the United Nation's World Population Prospects 20...
One Brokerage Exec Believes “Reliance Industries Is Going to Do Well”
While shares of many India-based companies have not fared well during the first half of the year, Reliance Industries has seen outperformance thanks to its acquisition and conversion strategy. As a re...