This ETF offers exposure to Indian equity markets, making PIN one of many ETF choices for investors looking to access an emerging market that maintains both tremendous growth potential and considerable volatility. Considerable India exposure is a part of many broad-based emerging markets ETFs, but those looking to overweight this economy may find PIN to be a useful tool. Like many international ETFs, PIN leaves a bit to be desired in terms of diversification; with just about 50 components and near double digit exposure to multiple stocks, the underlying portfolio is somewhat concentrated. It’s also worth noting that the fund is dominated by large cap companies; pairing this fund with a small cap ETF such as SCIF or SCIN may result in more complete exposure to India’s equity markets. For those seeking large caps, there are some other options available, including earnings-weighted EPI and INP, an ETN that could alleviate concerns about the liquidity of Indian stock markets. PIN’s expenses may seem high compared to other equity ETFs, but the fees are quite reasonable considering the type of exposure offered (INP comes in a few basis points lower for those with major concerns about expenses).
| Segment | Equity: India - Large Cap |
| Category | Size and Style |
| Focus | Large Cap |
| Niche | Broad-based |
| Strategy | Fundamental |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| PIN | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 170 | 417 | 90 |
| % of Assets in Top 10 | 38.27% | 43.67% | 39.52% |
| % of Assets in Top 15 | 46.04% | 52.84% | 49.28% |
| % of Assets in Top 50 | 73.67% | 81.34% | 91.87% |
| PIN | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 67.43% | 53.49% | 81.67% |
| Mid (>2.7B) | 29.35% | 30.84% | 17.47% |
| Small (>600M) | 0.83% | 9.30% | 0.28% |
| Micro (<600M) | 0.00% | 2.74% | 0.00% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| PIN | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.11 | $ 0.60 | $ 0.07 |
| Dividend Date | 2023-09-18 | N/A | N/A |
| Annual Dividend Rate | $ 3.10 | $ 1.20 | $ 2.04 |
| Annual Dividend Yield | 12.98% | 3.38% | 6.45% |
View charts featuring PIN price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 3.59 M 1 Month Net Flows: 16.04 M 3 Month Net Flows: 35.55 M 6 Month Net Flows: 50.71 M 1 Year Net Flows: 57.75 M 3 Year Net Flows: 40.75 M 5 Year Net Flows: -91.39 M 10 Year Net Flows: -265.98 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 4.02 MThe adjacent table gives investors an individual Realtime Rating for PIN 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.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| PIN |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 3.51% | 1.48% | 3.45% |
| 3 Month Return | 5.15% | -2.08% | 4.74% |
| YTD Return | 12.31% | 3.79% | 11.19% |
| 1 Year Return | 8.73% | 5.38% | 8.01% |
| 3 Year Return | 13.90% | 3.21% | 15.17% |
| 5 Year Return | 8.62% | 1.48% | 8.25% |
The following charts reflect the geographic spread of PIN's underlying holdings.
| Region | Percentage |
|---|---|
| Asia Pacific | 97.71% |
| Other | 2.31% |
| Country | Percentage |
|---|---|
| India | 97.71% |
| Other | 2.31% |
The following charts reflect the allocation of PIN's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 18.27% |
| Technology Services | 14.73% |
| Energy Minerals | 11.68% |
| Consumer Durables | 8.8% |
| Consumer Non-Durables | 8.14% |
| Non-Energy Minerals | 6.37% |
| Health Technology | 5.02% |
| Producer Manufacturing | 4.81% |
| Process Industries | 4.29% |
| Utilities | 4.27% |
| Communications | 2.7% |
| Industrial Services | 2.38% |
| Other | 1.29% |
| Electronic Technology | 1.26% |
| Consumer Services | 1.15% |
| CASH | 1.02% |
| Transportation | 1.0% |
| Distribution Services | 0.97% |
| Commercial Services | 0.71% |
| Health Services | 0.65% |
| Retail Trade | 0.51% |
| Market Cap | Percentage |
|---|---|
| Large | 67.43% |
| Mid | 29.35% |
| Small | 0.83% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 97.62% |
| Other | 1.29% |
| CASH | 1.02% |
| Temporary | 0.09% |
| Corporate | 0.0% |
| Sector | Percentage |
|---|---|
| Finance | 18.27% |
| Technology Services | 14.73% |
| Energy Minerals | 11.68% |
| Consumer Durables | 8.8% |
| Consumer Non-Durables | 8.14% |
| Non-Energy Minerals | 6.37% |
| Health Technology | 5.02% |
| Producer Manufacturing | 4.81% |
| Process Industries | 4.29% |
| Utilities | 4.27% |
| Communications | 2.7% |
| Industrial Services | 2.38% |
| Other | 1.29% |
| Electronic Technology | 1.26% |
| Consumer Services | 1.15% |
| CASH | 1.02% |
| Transportation | 1.0% |
| Distribution Services | 0.97% |
| Commercial Services | 0.71% |
| Health Services | 0.65% |
| Retail Trade | 0.51% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 38.91% |
| 20 Day Volatility | 11.21% |
| 50 Day Volatility | 10.31% |
| 200 Day Volatility | 10.15% |
| Beta | 0.71 |
| Standard Deviation | 1.04% |
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 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.
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