ETF Versus

EWG vs INDA

iShares MSCI Germany ETF vs iShares MSCI India ETF

Last updated: 2026-04-02

EWG

iShares MSCI Germany ETF (EWG) is an exchange-traded fund that provides exposure to germany equity securities. It charges an above-average expense ratio of 0.49%. The fund offers a moderate dividend yield of 1.69%. Launched in 1996, the fund has a 30-year track record.

AUM: $1.4B ER: 0.49% Yield: 1.69% Since: Mar 12, 1996

iShares MSCI India ETF (INDA) is an exchange-traded fund that provides exposure to india equity securities. It charges a high expense ratio of 0.61%. Launched in 2012, the fund has a 14-year track record.

AUM: $7.0B ER: 0.61% Yield: N/A Since: Feb 2, 2012

Quick Verdict

EWG is significantly cheaper at 0.49% vs 0.61% expense ratio, saving you approximately $229 per $10,000 invested over 10 years. Over the past year, EWG has significantly outperformed with a 7.8% return vs -8.5%.

Key Metrics

Metric EWG INDA
Expense Ratio 0.49% 0.61%
Dividend Yield 1.7% N/A
Fund Family N/A N/A
Category Germany Equity India Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

55 73 91 109 127 145 2021-04 2022-06 2023-09 2024-12 2026-04
EWG +15.9%
INDA +11.3%

Performance Comparison

Period EWG INDA Difference
1 Month -6.32% -8.32% +2.00%
3 Months -5.55% -14.39% +8.84%
6 Months -5.26% -10.94% +5.68%
YTD -5.55% -14.39% +8.84%
1 Year +7.80% -8.50% +16.30%
3 Years +40.90% +18.28% +22.62%
5 Years +15.88% +11.35% +4.53%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period EWG Fees INDA Fees You Save
$10.000 10 years $960 $1.189 $229
$10.000 20 years $4.052 $4.992 $940
$10.000 30 years $12.832 $15.725 $2.893
$50.000 10 years $4.799 $5.944 $1.146
$50.000 30 years $64.162 $78.625 $14.464
$100.000 30 years $128.324 $157.251 $28.927

Risk Metrics

Based on 5 years of daily returns

Metric EWG INDA
Annualized Volatility 20.5% 15.7%
Max Drawdown -46.5% -25.1%
Sharpe Ratio 0.03 -0.07

Dividend Comparison

Metric EWG INDA
Annual Dividend (per share) $0.68 $0.00
Dividend Yield 1.69% 0.00%
Distribution Frequency Semi-Annual or Annual None

Top Holdings

0 of top 10 holdings overlap (0% overlap in top holdings)

EWG Top Holdings

NameWeight
Siemens Aktiengesellschaft!etr/SIE10.07%
SAP SE!etr/SAP9.63%
Allianz SE!etr/ALV8.63%
Deutsche Telekom AG!etr/DTE7.54%
Siemens Energy AG!etr/ENR7.24%
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München!etr/MUV24.42%
Rheinmetall AG!etr/RHM4.11%
Infineon Technologies AG!etr/IFX3.16%
BASF SE!etr/BAS3.01%
Deutsche Bank Aktiengesellschaft!etr/DBK2.92%

INDA Top Holdings

NameWeight
HDFC Bank Limited!nse/HDFCBANK6.97%
Reliance Industries Limited!nse/RELIANCE6.59%
ICICI Bank Limited!nse/ICICIBANK5.29%
Bharti Airtel Limited!nse/BHARTIARTL3.80%
Infosys Limited!nse/INFY3.31%
BLK CSH FND TREASURY SL AGENCYXTSLA2.38%
Mahindra & Mahindra Limited!nse/M&M2.28%
Axis Bank Limited!nse/AXISBANK2.24%
Larsen & Toubro Limited!nse/LT1.93%
Bajaj Finance Limited!nse/BAJFINANCE1.90%

Which One Should You Choose?

Choose EWG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose EWG if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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