Nifty India Financials ETF (INDF) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with INDF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to INDF
INDF charges 0.75% annually. There are 34 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Financials Index ETF | 0.08% | 2.17B | Oct 2013 | INDF vs FNCL | |
| State Street Financial Select Sector SPDR ETF | 0.08% | 51.89B | Dec 1998 | INDF vs XLF | |
| Vanguard Financials ETF | 0.09% | 13.50B | Jan 2004 | INDF vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | INDF vs GABF | |
| Portfolio Building Block European Banks Index ETF | 0.13% | 22.30M | Nov 2025 | INDF vs PBEU |
Best Risk-Adjusted Alternatives to INDF
Among 39 ETFs in the Financials Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 90 | 5.04M | Oct 2024 | INDF vs HSBH | |
| Themes Global Systemically Important Banks ETF | 80 | 24.99M | Dec 2023 | INDF vs GSIB | |
| Invesco KBW Bank ETF | 56 | 6.25B | Nov 2011 | INDF vs KBWB | |
| iShares MSCI Europe Financials ETF | 47 | 3.69B | Jan 2010 | INDF vs EUFN | |
| First Trust Nasdaq Bank ETF | 42 | 299.07M | Sep 2016 | INDF vs FTXO |
Top Performing INDF Alternatives (YTD)
Among 46 ETFs in the Financials Equities category with YTD return data, the top-performing alternatives shown here go as high as 26.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 26.93% | 5.04M | Oct 2024 | INDF vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 16.85% | 83.48M | Jun 2009 | INDF vs QABA | |
| Themes Global Systemically Important Banks ETF | 16.30% | 24.99M | Dec 2023 | INDF vs GSIB | |
| SPDR S&P Regional Banking ETF | 14.14% | 4.33B | Jun 2006 | INDF vs KRE | |
| Portfolio Building Block European Banks Index ETF | 13.63% | 22.30M | Nov 2025 | INDF vs PBEU |
Lowest Volatility Alternatives to INDF
Among 46 ETFs in the Financials Equities category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 9.43%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | 9.43% | 7.14M | Jul 2022 | INDF vs SPCZ | |
| iShares MSCI Kuwait ETF | 13.57% | 70.62M | Sep 2020 | INDF vs KWT | |
| iShares Global Financials ETF | 13.90% | 580.15M | Nov 2001 | INDF vs IXG | |
| iShares U.S. Financials ETF | 14.53% | 3.81B | May 2000 | INDF vs IYF | |
| State Street Financial Select Sector SPDR ETF | 14.62% | 51.89B | Dec 1998 | INDF vs XLF |
Lowest Drawdown Alternatives to INDF
Among 39 ETFs in the Financials Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -3.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | -3.82% | 7.14M | Jul 2022 | INDF vs SPCZ | |
| iShares U.S. Insurance ETF | -7.62% | 376.18M | May 2006 | INDF vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 254.21M | Dec 2010 | INDF vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 26.65M | Apr 2010 | INDF vs PSCF | |
| iShares Global Financials ETF | -11.33% | 580.15M | Nov 2001 | INDF vs IXG |
Other ETFs from Exchange Traded Concepts
The 10 most viewed Exchange Traded Concepts ETFs shown here include NUKZ, ROBO, CEFS and span 11 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Range Nuclear Renaissance ETF | Energy Equities | 29 | 9.01% | 832.38M | Jan 2024 | INDF vs NUKZ | |
| ROBO Global Robotics & Automation Index ETF | Robotics, Technology Equities | 56 | 19.46% | 1.84B | Oct 2013 | INDF vs ROBO | |
| Saba Closed-End Funds ETF | Event Driven, Actively Managed | 86 | 15.16% | 332.90M | Mar 2017 | INDF vs CEFS | |
| High Yield ETF | High Yield Bonds | — | — | 95.91M | Nov 2010 | INDF vs HYLD | |
| ROBO Global Artificial Intelligence ETF | Technology Equities | 70 | 36.10% | 451.01M | May 2020 | INDF vs THNQ | |
| Hull Tactical US ETF | Long-Short | 68 | 8.95% | 137.43M | Jun 2015 | INDF vs HTUS | |
| QRAFT AI-Enhanced U.S. Large Cap Momentum ETF | Momentum, Large Cap Growth Equities | 55 | 26.78% | 33.44M | May 2019 | INDF vs AMOM | |
| EMQQ The Emerging Markets Internet ETF | Emerging Markets Equities | 2 | -24.03% | 273.19M | Nov 2014 | INDF vs EMQQ | |
| ROBO Global Healthcare Technology and Innovation E... | Health & Biotech Equities | 38 | -0.55% | 49.62M | Jun 2019 | INDF vs HTEC | |
| QRAFT AI Enhanced U.S. Large Cap ETF | Large Cap Growth Equities | 58 | 9.72% | 15.70M | May 2019 | INDF vs QRFT |
Often Compared With INDF
Investors most often compare INDF with INDY, INDA, VOO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare INDF with Any Fund or Stock
Compare INDF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair INDF with funds that move differently
Nifty India Financials ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to INDF.
Explore INDF Diversifiers