(PIN) Invesco India - Ratings and Ratios

The Invesco India ETF (NYSE ARCA:PIN) is an exchange-traded fund that tracks a modified-market capitalization-weighted index of equity securities traded on the National Stock Exchange of India, providing investors with exposure to the Indian equity market.

With a non-diversified investment strategy, the fund invests at least 90% of its assets in securities that comprise the underlying index, as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that represent these securities, allowing for efficient tracking of the underlying index.

To evaluate the funds performance, key metrics to consider include the expense ratio, tracking error, and trading volume. The expense ratio indicates the funds operating costs, while the tracking error measures the funds ability to replicate the underlying index. Trading volume is essential for liquidity and tight bid-ask spreads. As of the latest available data, the funds Assets Under Management (AUM) stand at $233.66 million, indicating a moderate size that may impact liquidity.

From a performance perspective, key performance indicators (KPIs) such as the funds returns over various time horizons (e.g., 1-year, 3-year, 5-year), its beta relative to the underlying index, and its Sharpe ratio can provide insights into its risk-adjusted returns. Comparing these KPIs to those of its peers within the India Equity ETF category can help assess its relative performance.

To further analyze PIN, its essential to examine the underlying indexs composition, sector allocation, and market capitalization distribution. Understanding the indexs constituent stocks, sector weights, and market capitalization breakdown can help investors gauge the funds potential risks and opportunities, as well as its alignment with their investment objectives.