IIND – BetaShares India Quality ETF
Will probably end up 60/40- 70/30 between these and NDIA in a few months but starting with IIND.
There’s not much between them the last 3 yrs –
–
| IIND | NDIA | Index | |
| Management costs | 0.80% | 0.69% | |
| Mcap | A$210m | A$162m | |
| 3 yr return pa | 11.62% | 11.41% | 14.44% |
| Div | 3.30% | 1.02% |
Both have under-performed the index over 3 yrs(so no red flags there!) and 2 years ago the Div yield was near reversed.
Both are currently just above NTA (
NDIA follows the Nifty50 index, so holds the 50 shares in the index at similar weighting to the index.
IIND “……selects the 30 highest quality Indian companies based on a combined ranking of the following key factors – high profitability, low leverage and high earnings stability”.
These variations result in NDIA’s top 5 of 50 holdings accounting for about 33% of total, while IIND’s top 5 of 30 holdings account for about 26% of total.
Currently IIND has 8 of their 30 holdings not in the current Nifty50 index, but they are in the top 50 by MCap.
