Columbia India Consumer ETF

Price: $51.47
Change: $0.84 (-0.02%)
Last Updated:


Brand Columbia
Structure ETF
Expense Ratio 0.75%
ETF Home Page Home page
Inception Aug 10, 2011

Analyst Report

This ETF is one of the more targeted options out of several that focus on the economies of emerging markets, making it potentially useful for investors looking to fine tune exposure to this important asset class. While the precision of INCO may make it most appropriate for investors with a very specific outlook on a corner of the Indian stock market, this ETF may also be appealing as a “satellite” allocation of a longer-term portfolio.

INCO’s appeal lies in the fact that this fund offers exposure to a corner of the Indian stock market that maintains tremendous long-term potential but is often overlooked by investors and receives relatively small allocations in broad India ETFs and ETNs. Ongoing urbanization and increases in levels of wealth and discretionary income stand to benefit India’s consumer sector tremendously; a rising middle class will translate into greater expenditures on consumer goods and services. INCO focuses on this Indian consumer sector, positioning this fund to thrive as these trends play out. While the holdings are concentrated in this sector, it should be noted that INCO includes a number of different types of companies, such as car manufacturers, food and beverage companies, and hotel and leisure firms. The underlying portfolio is somewhat shallow, but relatively well balanced in order to provide an acceptable level of diversification. And while INCO is among the more expensive passive ETFs, the fees charged are reasonable considering the type of exposure offered.

Investors seeking more broad-based exposure to the Indian economy have a number of funds from which to choose, while those looking to invest more generally in the consumer sector of emerging markets may prefer ECON. That fund includes allocations to consumer companies in about a dozen different developing economies, including India.

ETF Database Themes

Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Blend
Sector (General) Consumer Discretionary
Sector (Specific) Broad
Region (General) Emerging Asia Pacific
Region (Specific) India

FactSet Classifications

Segment Equity: India Consumer
Category Sector
Focus Theme
Niche Consumer
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $44.86
  • 52 Week Hi $56.28
  • AUM $81.1 M
  • Shares 1.6 M

Historical Trading Data

  • 1 Month Avg. Volume 11,014
  • 3 Month Avg. Volume 10,445

Alternative ETFs in the ETF Database Asia Pacific Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest VPL 0.08% $5.9 B 749,705 -15.12%
Largest (AUM) EEMV 0.25% $8.2 B 1 M -13.54%
Most Liquid (Volume) EWH 0.50% $757.9 M 4 M -10.55%
Top YTD Performer ASEA 0.65% $40.9 M 21,375 5.30%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

INCO ETF Database Category Average FactSet Segment Average
Number of Holdings 33 343 33
% of Assets in Top 10 71.07% 43.14% 71.07%
% of Assets in Top 15 83.50% 51.70% 83.50%
% of Assets in Top 50 99.98% 77.21% 99.98%

Size Comparison

INCO ETF Database Category Average FactSet Segment Average
Large (>12.9B) 39.51% 54.89% 39.51%
Mid (>2.7B) 30.33% 30.94% 30.33%
Small (>600M) 0.00% 8.62% 0.00%
Micro (<600M) 0.00% 2.28% 0.00%

INCO Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

INCO Dividend

This section compares the dividend yield of this ETF to its peers.

INCO ETF Database Category Average FactSet Segment Average
Dividend $ 0.17 $ 0.39 $ 0.17
Dividend Date 2020-12-18 N/A N/A
Annual Dividend Rate $ 0.17 $ 0.80 $ 0.17
Annual Dividend Yield 0.28% 1.80% 0.28%

INCO Price and Volume Charts

View charts featuring INCO price and volume data.

INCO Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 0 6 Month Net Flows: 0 1 Year Net Flows: -3.83 M 3 Year Net Flows: -38.95 M 5 Year Net Flows: -54.77 M 10 Year Net Flows: 50.13 M

INCO Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 1.38 M
1 Month Net AUM Change: 1.06 M
3 Month Net AUM Change: -2.88 M
6 Month Net AUM Change: 2.81 M
1 Year Net AUM Change: -11.81 M
3 Year Net AUM Change: -23.95 M
5 Year Net AUM Change: -58.14 M
10 Year Net AUM Change: 78.71 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for INCO on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Asia Pacific Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B- EWT
Expenses C+ VPL

A+ Overall Rated ETF:

INCO Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Qualified dividends
Distributes K1 No
ESG Themes and Scores

INCO does not have an ESG score. There are no ESG themes that map to this ETF.

INCO Performance

This section shows how this ETF has performed relative to its peers.

INCO ETF Database
Category Average
Factset Segment
1 Month Return -2.09% 7.74% -2.09%
3 Month Return -4.13% 1.50% -4.13%
YTD Return -4.55% -13.18% -4.55%
1 Year Return -2.04% -11.12% -2.04%
3 Year Return 31.96% 7.78% 31.96%
5 Year Return 17.94% 3.64% 17.94%

Geographic Exposure

The following charts reflect the geographic spread of INCO's underlying holdings.

Region Percentage
Asia Pacific 69.81%
Other 29.76%
North, Central and South America 0.41%
Country Percentage
India 69.81%
Other 30.17%

Holdings Analysis

The following charts reflect the allocation of INCO's underlying holdings.

Sector Percentage
Consumer Durables 35.57%
Other 29.76%
Consumer Non-Durables 20.36%
Retail Trade 5.44%
Producer Manufacturing 3.81%
Consumer Services 2.44%
Technology Services 2.19%
Miscellaneous 0.41%
CASH 0.0%
Market Cap Percentage
Large 39.51%
Mid 30.33%
Small 0.0%
Micro 0.0%
Region Percentage
Asset Percentage
Share/Common/Ordinary 69.81%
Other 29.76%
Open-ended Fund 0.41%
CASH 0.0%
Sector Percentage
Consumer Durables 35.57%
Other 29.76%
Consumer Non-Durables 20.36%
Retail Trade 5.44%
Producer Manufacturing 3.81%
Consumer Services 2.44%
Technology Services 2.19%
Miscellaneous 0.41%
CASH 0.0%

INCO Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 163.60%
20 Day Volatility 18.18%
50 Day Volatility 19.72%
200 Day Volatility 19.71%
Beta 0.6
Standard Deviation 2.10%
5 Day Volatility
11 of 50

20 Day Volatility
38 of 50

50 Day Volatility
37 of 50

200 Day Volatility
34 of 50

44 of 50

Standard Deviation
33 of 50


  • 20 Day MA $52.07
  • 60 Day MA $51.86
  • MACD 15 Period -0.27
  • MACD 100 Period -0.81
  • Williams % Range 10 Day 66.56
  • Williams % Range 20 Day 74.79
  • RSI 10 Day 45
  • RSI 20 Day 48
  • RSI 30 Day 49
  • Ultimate Oscillator 53

Bollinger Bands

  • Lower Bollinger (10 Day) $50.31
  • Upper Bollinger (10 Day) $53.05
  • Lower Bollinger (20 Day) $50.40
  • Upper Bollinger (20 Day) $53.71
  • Lower Bollinger (30 Day) $50.49
  • Upper Bollinger (30 Day) $53.41

Support & Resistance

  • Support Level 1 $51.39
  • Support Level 2 $51.31
  • Resistance Level 1 $51.61
  • Resistance Level 2 $51.75


  • Stochastic Oscillator %D (1 Day) 48.22
  • Stochastic Oscillator %D (5 Day) 48.50
  • Stochastic Oscillator %K (1 Day) 55.51
  • Stochastic Oscillator %K (5 Day) 61.02


  • Tracking Difference Median (%) -1.51
  • Tracking Difference Max Upside (%) 0.05
  • Tracking Difference Max Downside (%) -3.95
  • Median Premium Discount (%) 0.03
  • Maximum Premium Discount (%) 3.69
  • Average Spread (%) 14.14
  • Average Spread ($) 14.14

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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