Data as of Oct 28, 2026.
INDA vs TIP: Differences, Returns & Fees
Over the year to Oct 28, 2026, INDA returned −14.2% to TIP's −1.0%; 0% of their weight is in the same names.
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Net assets on Oct 27, 2026: $5.8bn for iShares MSCI India ETF and $14.6bn for iShares TIPS Bond ETF.
Pair scorecard
TIP costs 0.43 points a year less; their one-year returns differ by 13.2 points; TIP is 2.5 times larger.
| Measure | INDA | TIP |
|---|---|---|
| Return | ||
| Total return, 1 year | −14.2% | −1.0% |
| Drawdown | ||
| Below its high | 20.4%, high on Sep 26, 2024 | |
| Benchmark | ||
| What it tracks | MSCI India Index | ICE U.S. Treasury Inflation Linked Bond Index |
| Cost and size | ||
| Expense ratio | 0.61% | 0.18% |
| Net assets, as of Oct 27, 2026 | $5.8bn | $14.6bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 0% | |
| Top ten holdings, share of the fund | 34.8% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Feb 10, 2012 to Oct 23, 2026 · 767 weekly returnsEach against its own benchmark: INDA against EEM, Feb 10, 2012 to Oct 23, 2026; TIP against VTP, Jul 18, 2025 to Oct 23, 2026.
INDA returned more: +106.6% to +30.0%. TIP swung less: 5.4% to 19.2%. TIP fell less at its worst: −14.2% to −41.0%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | INDA | TIP | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +106.6% | +30.0% | INDA | Price change plus distributions, reinvested. |
| Annualized | +5.0% | +1.8% | INDA | Total return as a yearly rate. |
| Price return | +78.6% | −10.3% | INDA | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 19.2% | 5.4% | TIP | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 13.4% | 4.1% | TIP | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −41.0% | −14.2% | TIP | Deepest fall from a high to the low after it. |
| Upside capture | 59.2% | 99.7% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 79.0% | 101.8% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.70 | 0.99 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.46 | 0.98 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.26 | 0.03 | INDA | Return above Treasury bills per unit of volatility. |
| Sortino | 0.38 | 0.05 | INDA | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.072 | −0.023 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.12 | 0.13 | TIP (slight) | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | EEM | VTP | The ETF each fund is measured against. | |
| Alpha | +1.8% a year | −0.2% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.49 | −0.56 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −5.4% to +9.0% | −1.0% to +0.6% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.03 | −0.45 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 15.1% | 0.4% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 767 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, INDA and TIP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
INDA and TIP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
INDA and TIP do different jobs. What does each one do in a portfolio?
- What each follows. INDA follows MSCI India Index and TIP follows ICE U.S. Treasury Inflation Linked Bond Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 INDA returned −14.2% and TIP −1.0% with distributions reinvested, a gap of 13.2 points.
Data as of Oct 28, 2026.
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INDA
INDA tracks the MSCI India. Over the year to Oct 28, 2026 it returned −14.2% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.61% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 166 positions, with the top ten at 34.8%. It sat 20.4% below its high of Sep 26, 2024 on Oct 28, 2026.
TIP
TIP tracks an index of TIPS Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −0.8% for its benchmark, the ICE U.S. Treasury Inflation Linked Bond Index. The prospectus expense ratio is 0.18% a year.
Questions people ask
- Which returned more over the last year, INDA or TIP?
- In the year to Oct 28, 2026, with distributions reinvested, INDA returned −14.2% and TIP −1.0%.
- Which is cheaper, INDA or TIP?
- TIP is cheaper, by 0.43 percentage points a year. That is about $43 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, INDA against TIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/inda-vs-tip
ETFIQ. (Oct 28, 2026). INDA against TIP. Retrieved from https://etfiq.com/compare/any/inda-vs-tip
[INDA against TIP (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/inda-vs-tip)
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