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PIN - AI Analysis
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Invesco India ETF (PIN)
Rating:68Neutral
Price Target:
$29.00
Positive Factors
Strong Top Holdings
Several major positions, such as HDFC Bank and Reliance Industries, have delivered strong year-to-date performance, supporting the ETF’s returns.
Sector Diversification
The ETF is spread across multiple sectors, including financials, energy, and technology, reducing reliance on any single industry.
Focused Geographic Exposure
The ETF’s near-exclusive focus on India allows investors to tap into the growth potential of one of the world’s fastest-growing economies.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which can eat into investor returns over time.
Underperforming Holdings
Some top holdings, like Infosys and Tata Consultancy Services, have shown weak year-to-date performance, dragging on overall fund momentum.
Geographic Concentration Risk
The ETF’s heavy focus on India means it lacks exposure to other global markets, increasing vulnerability to country-specific risks.
PIN vs. SPDR S&P 500 ETF (SPY)
AUM215.18M
RegionAsia-Pacific
Expense Ratio0.78%
Beta0.44
IssuerInvesco
Inception DateMar 05, 2008
Dividend Yield8.27%
Asset ClassEquity
Index TrackedFTSE India Quality and Yield Select Index (Net)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume37,768
30 Day Avg. Volume35,275
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
28.84Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering220
PIN Summary
The Invesco India ETF (PIN) is an investment fund that focuses on large companies in India, giving investors a chance to benefit from the country’s growing economy. It tracks the FTSE India Quality and Yield Select Index and includes major players like HDFC Bank and Reliance Industries. This ETF is a good option for those looking to diversify their portfolio and tap into India’s economic growth. However, since it is heavily focused on India, its performance can be affected by changes in the Indian market or economy.
How much will it cost me?The Invesco India ETF (PIN) has an expense ratio of 0.78%, meaning you’ll pay $7.80 per year for every $1,000 invested. This is higher than average because the fund is actively managed to focus on India's large-cap companies, requiring more research and management effort compared to passively managed ETFs.
What would affect this ETF?The Invesco India ETF could benefit from India's strong economic growth and increasing global interest in emerging markets, particularly in sectors like financials and technology, which are heavily represented in its holdings. However, potential risks include regulatory changes in India, geopolitical tensions in the Asia-Pacific region, or global economic slowdowns that could impact large-cap companies and key sectors like energy and consumer cyclical industries.
PIN Top 10 Holdings
The Invesco India ETF is leaning heavily on financials, with HDFC Bank and ICICI Bank among its top holdings. HDFC Bank is steady, buoyed by resilience and strategic focus, while ICICI Bank has been lagging recently due to mixed technical signals and loan growth challenges. Reliance Industries, a major energy player, is rising and adding momentum to the fund, while Infosys and Tata Consultancy Services are dragging performance with weak trends in the technology sector. Overall, the ETF’s concentration in financials and energy reflects India’s economic backbone, but tech struggles are holding back broader gains.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HDFC Bank Limited | 7.98% | $17.15M | ₹15.42T | 14.62% | 79 Outperform | |
| Reliance Industries Limited | 7.11% | $15.28M | ₹20.12T | 11.07% | 73 Outperform | |
| ICICI Bank Limited | 5.04% | $10.84M | ₹9.74T | 2.31% | 74 Outperform | |
| Bharti Airtel Limited | 4.02% | $8.65M | ₹11.91T | 27.71% | 68 Neutral | |
| Infosys Limited | 3.71% | $7.97M | ₹6.23T | -18.39% | 75 Outperform | |
| Mahindra & Mahindra Ltd. | 2.34% | $5.02M | ₹4.45T | 30.37% | 66 Neutral | |
| Tata Consultancy Services Limited | 2.19% | $4.71M | ₹11.06T | -25.02% | 78 Outperform | |
| Bajaj Finance Limited | 2.11% | $4.54M | ₹6.69T | 53.13% | 65 Neutral | |
| Axis Bank Limited | 2.00% | $4.31M | ₹3.87T | 5.03% | 76 Outperform | |
| Larsen & Toubro Limited | 1.88% | $4.03M | ₹5.46T | 17.51% | 76 Outperform |
PIN Technical Analysis
Positive
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Price Trends
25.71
Positive
26.00
Positive
25.52
Positive
Market Momentum
0.24
Negative
59.21
Neutral
51.75
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 25.91, equal to the 50-day MA of 25.71, and equal to the 200-day MA of 25.52, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 59.21 is Neutral, neither overbought nor oversold. The STOCH value of 51.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PIN.
PIN Peer Comparison
Comparison Results
Performance Comparison
PIN
Invesco India ETF
26.34
-0.33
-1.24%
INDA
iShares MSCI India ETF
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SMIN
iShares MSCI India Small Cap ETF
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INDY
iShares India 50 ETF
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NFTY
First Trust India NIFTY 50 Equal Weight ETF
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INDH
WisdomTree India Hedged Equity Fund
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
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.Date of analysis: ―
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