This ETN gives investors a way to play India's currency, a potentially non-diversified asset that could perform well over the long run if capital continues to flow into emerging markets. As with any currency ETP, there are a number of facets of INR that are worth considering. As an ETN, this product may be subject to unique tax treatment, and also exposes investors to credit risk of the issuing institution. Moreover, it should be noted that the related index is not the spot exchange rate, but rather a benchmark consisting of forward contracts. Perhaps a more appealing option is the actively managed ICN, which is structured as a true 1940 Act ETF and as such may deliver better diversification.
The adjacent table gives investors an individual Realtime Rating for INR 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 ETFdb Pro members, shows the ETF in the Currency 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 ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 14 other ETFs in the Currency ETFdb.com Category that are also eligible for commission free trading:
INR does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of INR relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.