INQQ - ETF AI Analysis
Top Page
India Internet & Ecommerce ETF (INQQ)
The India Internet & Ecommerce ETF (INQQ) has a moderate overall rating, reflecting a mix of strengths and challenges among its holdings. Reliance Industries, the largest holding, contributes positively with strong financial performance and bullish technical indicators, though its high valuation poses some risk. On the other hand, weaker holdings like Swiggy, which faces profitability and cash flow challenges alongside bearish momentum, may have weighed on the fund's rating. A key risk factor for this ETF is its concentration in high-growth but potentially overvalued companies, which could lead to volatility.
INQQ vs. SPDR S&P 500 ETF (SPY)
- AUM
- 36.13M
- Region
- Asia-Pacific
- Expense Ratio
- 0.86%
- Beta
- 0.67
- Issuer
- EMQQ Global
- Inception Date
- Apr 05, 2022
- Dividend Yield
- 2.58%
- Asset Class
- Equity
- Index Tracked
- INQQ The India Internet Index - Benchmark TR Net
INQQ Summary
The India Internet & Ecommerce ETF (INQQ) is an investment fund focused on companies driving the growth of India's digital economy, such as Zomato and Bajaj Finance. It includes businesses in online retail, digital payments, and internet services, offering exposure to one of the fastest-growing markets globally. Investors might consider INQQ for its potential to benefit from India's expanding middle class and increasing internet usage, which fuel growth in the e-commerce and tech sectors. However, new investors should be aware that the ETF is heavily dependent on the performance of India’s internet and e-commerce industries, which can be volatile.
How much will it cost me?
The India Internet & Ecommerce ETF (INQQ) has an expense ratio of 0.86%, which means you’ll pay $8.60 per year for every $1,000 invested. This is higher than average because it is actively managed and focuses on a specific niche, requiring more research and specialized management.
What would affect this ETF?
The India Internet & Ecommerce ETF (INQQ) could benefit from India's growing middle class, increasing internet penetration, and supportive government policies promoting digital innovation. However, potential risks include regulatory changes in India's tech and e-commerce sectors, global economic uncertainty, and competition among top holdings like Zomato and Paytm. Investors should also consider how fluctuations in technology trends and consumer spending could impact the ETF's performance.
INQQ Top 10 Holdings
The India Internet & Ecommerce ETF (INQQ) is riding the wave of India’s digital transformation, but its performance is a mixed bag. Reliance Industries and Paytm are steady anchors, with bullish momentum and strong financials driving the fund forward. However, lagging names like Zomato and Jio Financial Services are holding it back, weighed down by bearish trends and valuation concerns. The fund is heavily concentrated in India’s internet and e-commerce sectors, offering exposure to a rapidly growing market but leaving little room for diversification beyond this niche.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 IN:RELIANCE | Reliance Industries Limited | 6.71% | $2.46M | INR 15.75T | -21.83% | 74Outperform |
 IN:ZOMATO | Zomato Ltd. | ― | ― | ― | ― | ―― |
 IN:BAJFINANCE | Bajaj Finance Limited | 7.28% | $2.67M | INR 5.85T | -10.72% | 64Neutral |
 IN:PAYTM | One 97 Communications Ltd. | 6.28% | $2.30M | INR 1.05T | 24.81% | 54Neutral |
 IN:JIOFIN | Jio Financial Services Limited | 5.35% | $1.96M | INR 1.35T | -33.98% | 67Neutral |
 IN:POLICYBZR | PB Fintech Limited | 3.33% | $1.22M | INR 462.75B | -45.74% | 55Neutral |
 IN:SWIGGY | Swiggy Limited | 3.64% | $1.33M | INR 488.58B | -57.67% | 45Neutral |
 MMYT | Makemytrip | 3.87% | $1.42M | $4.01B | -47.26% | 65Neutral |
 IN:NYKAA | FSN E-Commerce Ventures Ltd. | 5.62% | $2.06M | INR 1.00T | 36.49% | 64Neutral |
 IN:NAUKRI | Info Edge India Ltd. | 5.16% | $1.89M | INR 771.62B | -13.89% | 69Neutral |
INQQ Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For INQQ, the sentiment is Negative. The current price of 12.73 is below the 20-day moving average (MA) of 12.88, below the 50-day MA of 13.34, and below the 200-day MA of 12.97, indicating a bearish trend. The MACD of -0.16 indicates Negative momentum. The RSI at 43.74 is Neutral, neither overbought nor oversold. The STOCH value of 38.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for INQQ.
INQQ Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| INQQ | $12.73 | $15.00(17.84% Upside) | $36.13M | 0.86% | 55Neutral |
 INCO | $58.28 | $68.94(18.29% Upside) | $203.96M | 0.75% | 60Neutral |
 KTEC | $10.71 | $18.44(72.14% Upside) | $43.37M | 0.69% | 69Neutral |
 DGIN | $34.38 | ― | $11.33M | 0.70% | 52Neutral |
 IOPP | $25.16 | $29.92(18.95% Upside) | $6.27M | 0.73% | 55Neutral |
 TMH | $51.43 | ― | $1.03M | 0.19% | 78Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| INQQ | India Internet & Ecommerce ETF | 12.73 | -2.78 | -17.90% | |
| INCO | Columbia India Consumer ETF | 58.28 | -7.15 | -10.93% | |
| KTEC | KraneShares Hang Seng TECH Index ETF | 10.71 | -6.34 | -37.19% | |
| DGIN | VanEck Digital India ETF | 34.38 | -6.70 | -16.32% | |
| IOPP | Simplify Tara India Opportunities ETF | 25.16 | -2.11 | -7.72% | |
| TMH | Toyota Motor Corporation ADRhedged | 51.43 | 0.54 | 1.06% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.