A side-by-side comparison of WisdomTree India Hedged Equity Fund (INDH) and iShares India 50 ETF (INDY) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | INDH | INDY |
|---|---|---|
| YTD Return | -5.49% | -5.47%✓ |
| 1-Day Change | -0.15%✓ | -0.39% |
| 1-Week Change | -2.06%✓ | -2.16% |
| 1-Month Change | -5.69% | -6.44%✓ |
| Current Price | $36.95 | $40.79 |
| AUM | $6M | $500M✓ |
| MER (Expense Ratio) | — | 0.89% |
| Dividend Yield | — | 0.85% |
| Distribution Frequency | — | NA |
| Inception Date | 2024-05-07 | 2009-11-18 |
| Holdings Count | 45 | 49 |
| MorningStar Rating | — | ★★ |
| Category | India Equity | India Equity |
| Beta | 0.00 | 0.51 |
| 52-Week High | $42.74 | $50.12 |
| 52-Week Low | $36.89 | $40.66 |
| 50-Day MA | $38.78 | $43.11 |
| 200-Day MA | $39.76 | $44.59 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | INDH | INDY |
|---|---|---|
| YTD | -5.49% | -5.47%✓ |
| 1 Year | -6.78%✓ | -12.47% |
| 3 Year | — | -0.22% |
| 5 Year | — | -0.70% |
| 10 Year | — | +5.25% |
| 1Y Volatility | 12.31% | 15.49% |
| Sharpe Ratio (3Y) | — | -0.12 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | RELIANCE | Reliance Industries Limited | 8.30% |
| 2 | HDFCBANK | HDFC Bank Limited | 7.32% |
| 3 | ICICIBANK | ICICI Bank Limited | 6.94% |
| 4 | BHARTIARTL | Bharti Airtel Limited | 4.56% |
| 5 | INFY | Infosys Limited | 3.75% |
| 6 | M&M | Mahindra & Mahindra Limited | 3.09% |
| 7 | AXISBANK | Axis Bank Limited | 2.93% |
| 8 | LT | Larsen & Toubro Limited | 2.62% |
| 9 | SUNPHARMA | Sun Pharmaceutical Industries Limited | 2.14% |
| 10 | TCS | Tata Consultancy Services Limited | 2.10% |
| 1 | HDFCBANK | HDFC Bank Limited | 10.59% |
| 2 | ICICIBANK | ICICI Bank Limited | 8.86% |
| 3 | RELIANCE | Reliance Industries Limited | 7.59% |
| 4 | BHARTIARTL | Bharti Airtel Limited | 5.15% |
| 5 | LT | Larsen & Toubro Limited | 4.20% |
| 6 | SBIN | State Bank of India | 3.82% |
| 7 | INFY | Infosys Limited | 3.41% |
| 8 | AXISBANK | Axis Bank Limited | 3.33% |
| 9 | KOTAKBANK | Kotak Mahindra Bank Limited | 2.92% |
| 10 | M&M | Mahindra & Mahindra Limited | 2.52% |
Sector Weights
| Sector | INDH | INDY |
|---|---|---|
| Basic Materials | 9.19% | 7.34% |
| Communication Services | 4.96% | 5.20% |
| Consumer Cyclicals | 14.05% | 11.78% |
| Consumer Defensive | 6.84% | 5.57% |
| Energy | 12.09% | 10.47% |
| Financial Services | 23.69% | 36.40% |
| Healthcare | 6.40% | 4.86% |
| Industrials | 7.54% | 7.91% |
| Real Estate | 0.44% | 0.00% |
| Technology | 9.63% | 7.90% |
| Utilities | 5.15% | 2.58% |
About INDH
Under normal circumstances, the fund invests at least 80% of its net assets in the constituent securities of its index. WisdomTree, the index provider and parent company of WisdomTree Asset Management, Inc. has created the index to provide exposure to companies incorporated, listed, and traded in India, while at the same time "hedging" or neutralizing exposure to fluctuations in the value of the Indian rupee relative to the U.S. dollar. The fund is non-diversified.
About INDY
The underlying index measures the equity performance of the top 50 companies by free float market capitalization whose equity securities trade in the Indian securities markets. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.
Which ETF is Right for You?
Both INDH and INDY are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, INDY scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between INDH and INDY?
INDH (WisdomTree India Hedged Equity Fund) and INDY (iShares India 50 ETF) are both Canadian-listed ETFs. Key differences include their AUM ($6M vs $500M), dividend yield (N/A vs 0.85%), and year-to-date performance (-5.49% vs -5.47%).
Is INDH better than INDY?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy INDH and INDY on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both INDH and INDY should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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