iShares MSCI India ETF

10-Year Study

INDA.US · · US · ETF

Executive Summary: iShares MSCI India ETF has compounded at 7.4% annually over the last 10 years, with a maximum drawdown of 34.0% and an annualized volatility of 23.7%.

1Y CAGR
-8.6%
3Y CAGR
+6.7%
5Y CAGR
+4.0%
10Y CAGR
+7.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
34.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.27
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.33
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
17.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +36.1%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -8.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-4.31.0-10.46.7————————-7.5%
2025-3.1-5.77.04.11.42.5-5.5-1.30.23.71.4-1.22.7%
20242.22.50.81.51.35.22.90.51.4-6.3-0.1-3.28.6%
2023-1.8-5.31.44.51.45.02.4-1.80.6-2.26.46.117.2%
20220.1-4.61.9-2.1-5.1-5.08.40.8-5.23.54.8-5.7-8.9%
2021-2.74.82.8-2.77.90.01.08.70.20.3-2.72.621.4%
2020-1.9-6.7-25.112.21.65.910.14.51.5-0.88.610.314.8%
2019-1.6-0.37.80.71.3-1.0-6.5-2.54.33.2-0.52.16.5%
20183.3-7.9-0.62.4-3.7-0.97.00.1-9.0-7.010.50.8-6.7%
20175.84.66.11.91.5-1.07.0-0.7-3.77.3-1.34.536.1%
2016———-0.22.11.75.80.0-0.5-1.3-7.3-0.2-0.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 23.7%. The dominant macroeconomic risk driver is SHV.US, accounting for 66.6% of variance. Idiosyncratic stock-specific factors contribute 11.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019977.903935913138
2016-05-0110188.06481512132
2016-06-0110358.005892283754
2016-07-0110962.709788473632
2016-08-0110966.43384421861
2016-09-0110910.779900029793
2016-10-0110773.527756628819
2016-11-019990.731239034725
2016-12-019973.72471779933
2017-01-0110550.374060710383
2017-02-0111037.687444139163
2017-03-0111712.900129100599
2017-04-0111934.274553940877
2017-05-0112109.098281968949
2017-06-0111987.487172696878
2017-07-0112831.440961302922
2017-08-0112738.091297295508
2017-09-0112267.536164719124
2017-10-0113161.930219471018
2017-11-0112988.306464960773
2017-12-0113571.948756992948
2018-01-0114015.938958588498
2018-02-0112913.452944486742
2018-03-0112841.95107418319
2018-04-0113150.509781853088
2018-05-0112661.375748948989
2018-06-0112543.240425038895
2018-07-0113424.889933463537
2018-08-0113443.75848257142
2018-09-0112234.267933397332
2018-10-0111375.169651428383
2018-11-0112565.833029891754
2018-12-0112666.672183786288
2019-01-0112461.51809063524
2019-02-0112419.72590949717
2019-03-0113392.325134893572
2019-04-0113491.09536892979
2019-05-0113669.643152702834
2019-06-0113533.218577245192
2019-07-0112651.44493362905
2019-08-0112337.093250355852
2019-09-0112869.96424906485
2019-10-0113284.037869509086
2019-11-0113211.170512099045
2019-12-0113488.198881128139
2020-01-0113234.963090469726
2020-02-0112352.361878910258
2020-03-019251.795822437023
2020-04-0110379.977821179118
2020-05-0110548.80168161806
2020-06-0111166.043232149359
2020-07-0112289.590850408818
2020-08-0112839.799397530538
2020-09-0113028.360753417855
2020-10-0112924.459598133008
2020-11-0114036.462643583036
2020-12-0115488.182329769274
2021-01-0115072.288059849712
2021-02-0115800.13406600682
2021-03-0116242.96567248171
2021-04-0115796.285875070342
2021-05-0117051.665066701975
2021-06-0117055.88566321295
2021-07-0117225.49571319805
2021-08-0118732.57969479294
2021-09-0118767.254791618394
2021-10-0118825.10179085703
2021-11-0118316.313019298883
2021-12-0118795.805885663212
2022-01-0118808.095269621634
2022-02-0117938.85928034692
2022-03-0118275.058757323975
2022-04-0117893.756827435533
2022-05-0116987.569929491212
2022-06-0116142.912708133337
2022-07-0117498.05521533318
2022-08-0117639.52795524513
2022-09-0116721.05167334238
2022-10-0117303.2870998709
2022-11-0118139.751398589826
2022-12-0117114.684365586414
2023-01-0116807.160117845673
2023-02-0115909.207520937467
2023-03-0116138.816246813863
2023-04-0116860.455493396006
2023-05-0117098.298520308515
2023-06-0117952.348637823165
2023-07-0118387.814889602436
2023-08-0118063.2841206263
2023-09-0118165.985302393325
2023-10-0117763.37349796418
2023-11-0118905.41725975703
2023-12-0120051.59886126651
2024-01-0120495.258035684732
2024-02-0121016.99824555596
2024-03-0121193.642623059353
2024-04-0121505.842629679893
2024-05-0121776.995266311365
2024-06-0122914.94256678473
2024-07-0123588.665629448173
2024-08-0123711.890496209737
2024-09-0124044.655566221987
2024-10-0122520.565063391703
2024-11-0122504.13783971664
2024-12-0121781.588268396838
2025-01-0121098.844715151114
2025-02-0119903.009037041942
2025-03-0121301.598861266506
2025-04-0122166.40736204442
2025-05-0122472.60750107584
2025-06-0123039.49154225562
2025-07-0121781.588268396838
2025-08-0121508.490847098543
2025-09-0121541.593564831674
2025-10-0122331.920950710053
2025-11-0122638.121089741468
2025-12-0122365.023668443177
2026-01-0121409.182693899165
2026-02-0121628.48819888113
2026-03-0119381.64123274521
2026-04-0120689.198583203677
Annual Return Matrix
YearAnnual Return
20170.3607703381638503
2018-0.06670203295162136
20190.06485734259337916
20200.14827653908924687
20210.21355789113719803
2022-0.08944131101923636
20230.17160202507652045
20240.08627688091607144
20250.02678571428571419
2026-0.07493061979648474
Total Factor Risk
0.2367110517268308
VTI.US Exposure
0.025103770521644475
VEA.US Exposure
0.023498940724478917
VWO.US Exposure
0.017382125055970785
QQQ.US Exposure
0.0444438783544019
VTV.US Exposure
-0.0056281145348454995
IJR.US Exposure
-0.01478109432041177
QUAL.US Exposure
-0.04945212771434912
SHV.US Exposure
0.6655607868224491
TLT.US Exposure
-0.014151630502397676
LQD.US Exposure
0.03991599186701259
HYG.US Exposure
0.06223843722581346
GLD.US Exposure
0.0055654420913213345
USO.US Exposure
0.008285889104422017
VNQ.US Exposure
0.04459962168818287
BTC-USD.CC Exposure
-0.0034301295177494905
CPER.US Exposure
-0.0018160679775471604
VIX.INDX Exposure
0.015501720689501286
UUP.US Exposure
0.015193408759111795
TIP.US Exposure
0.004503641601211647
Idiosyncratic Exposure
0.1174655100617785
Value Score
42.6
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
23.7%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →18.4x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$30.2B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-5.0%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
10.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.34
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares MSCI India ETF a high-risk investment?

iShares MSCI India ETF (INDA.US) has an annualized volatility of 23.7% and experienced a maximum drawdown of 34.0% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of INDA.US?

Over the past 10 years, INDA.US has generated a Compound Annual Growth Rate (CAGR) of 7.4%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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