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India Internet & Ecommerce ETF (INQQ)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US3015055581
Issuer
India
Inception Date
Apr 5, 2022
Region
Emerging Asia Pacific (India)
Leveraged
1x (No leverage)
Index Tracked
INQQ The India Internet & Ecommerce Index - Benchmark TR Gross
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in India Internet & Ecommerce ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

India Internet & Ecommerce ETF (INQQ) has returned -20.92% so far this year and -17.07% over the past 12 months.


India Internet & Ecommerce ETF

1D
3.01%
1M
-10.87%
YTD
-20.92%
6M
-23.72%
1Y
-17.07%
3Y*
7.20%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 6, 2022, INQQ's average daily return is -0.02%, while the average monthly return is -0.44%.

Historically, 52% of months were positive and 48% were negative. The best month was Jun 2023 with a return of +10.8%, while the worst month was Jun 2022 at -12.9%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 5 months.

On a daily basis, INQQ closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +6.3%, while the worst single day was Apr 4, 2025 at -6.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-8.06%-3.50%-10.87%-20.92%
2025-9.51%-6.42%4.67%6.27%5.05%3.62%-5.12%0.76%-1.70%1.67%-1.64%-3.53%-7.05%
20242.40%0.64%1.27%2.23%-3.00%7.17%1.77%3.80%1.80%-3.96%5.56%-1.48%19.12%
2023-1.48%-2.18%-3.05%5.80%7.00%10.76%2.59%0.22%-0.26%-3.44%7.41%5.49%31.45%
2022-7.56%-8.73%-12.90%5.54%0.22%-8.45%-1.49%2.26%-8.96%-34.73%

Benchmark Metrics

India Internet & Ecommerce ETF has an annualized alpha of -10.78%, beta of 0.56, and R² of 0.24 versus S&P 500 Index. Calculated based on daily prices since April 07, 2022.

  • This ETF participated in 91.60% of S&P 500 Index downside but only 27.48% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.56 may look defensive, but with R² of 0.24 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.24 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-10.78%
Beta
0.56
0.24
Upside Capture
27.48%
Downside Capture
91.60%

Expense Ratio

INQQ has an expense ratio of 0.86%, placing it in the medium range.


Return for Risk

Risk / Return Rank

INQQ ranks 2 for risk / return — in the bottom 2% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


INQQ Risk / Return Rank: 22
Overall Rank
INQQ Sharpe Ratio Rank: 11
Sharpe Ratio Rank
INQQ Sortino Ratio Rank: 11
Sortino Ratio Rank
INQQ Omega Ratio Rank: 11
Omega Ratio Rank
INQQ Calmar Ratio Rank: 33
Calmar Ratio Rank
INQQ Martin Ratio Rank: 11
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for India Internet & Ecommerce ETF (INQQ) and compare them to a chosen benchmark (S&P 500 Index).


INQQBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.85

0.90

-1.75

Sortino ratio

Return per unit of downside risk

-1.14

1.39

-2.53

Omega ratio

Gain probability vs. loss probability

0.86

1.21

-0.35

Calmar ratio

Return relative to maximum drawdown

-0.56

1.40

-1.96

Martin ratio

Return relative to average drawdown

-1.66

6.61

-8.27

Explore INQQ risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

India Internet & Ecommerce ETF provided a 2.82% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%0.50%1.00%1.50%2.00%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.35202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$0.33$0.33$0.19$0.01

Dividend yield

2.82%2.23%1.18%0.04%

Monthly Dividends

The table displays the monthly dividend distributions for India Internet & Ecommerce ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.33$0.33
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19$0.19
2023$0.01$0.01

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the India Internet & Ecommerce ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the India Internet & Ecommerce ETF was 40.53%, occurring on Mar 28, 2023. Recovery took 352 trading sessions.

The current India Internet & Ecommerce ETF drawdown is 30.41%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.53%Apr 13, 2022240Mar 28, 2023352Aug 21, 2024592
-32.45%Dec 12, 2024323Mar 30, 2026
-8.57%Sep 24, 202424Oct 25, 202429Dec 6, 202453
-1.3%Sep 3, 20244Sep 6, 20241Sep 9, 20245
-1.12%Aug 22, 20241Aug 22, 20246Aug 30, 20247

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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