iShares MSCI India Small-Cap ETF

SMIN

Market cap $935M

Overview Fund Activity

74.78 USD

+0.43

0.58%

At close Updated Sep 16, 4:00 PM EDT

1 day

0.58%

5 days

1.52%

1 month

0.89%

3 months

-0.49%

6 months

15.26%

Year to date

-2.82%

1 year

-13.55%

5 years

106.18%

10 years

133.61%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

225% more call options, than puts

Call options by funds: $2.23M | Put options by funds: $687K

29% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 14

2% more funds holding

Funds holding: 135 [Q1] → 138 (+3) [Q2]

9% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 45

4% more capital invested

Capital invested by funds: $509M [Q1] → $528M (+$19.6M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

8.82% less ownership

Funds ownership: 64.91% [Q1] → 56.09% (-8.82%) [Q2]

See Fund Rankings

Financial journalist opinion

APAC Equities: The Sensitivity To Oil Prices

Among APAC equity markets, Australia has a higher beta to oil prices while India, Indonesia and Thailand have lower betas. Domestic political uncertainties have been one main reason for the decoupling trend seen in Indonesia and Thailand.

APAC Equities: The Sensitivity To Oil Prices

SMIN: The Case For Holding The ETF - Risks, Rewards, And Relativity

SMIN offers high growth and diversification potential but comes with elevated risk and expensive valuations compared to US growth ETFs like QQQ. Despite India's strong economic prospects, SMIN underperforms local small-cap indices due to currency drag and index construction but is the best passive US option. Current valuations in Indian small caps are frothy; past cycles warn of deep corrections, so fresh investments now carry significant downside risk.

SMIN: The Case For Holding The ETF - Risks, Rewards, And Relativity

SMIN: Upgrading To Buy, India Small Caps' Valuation Is Now Favorable

I am upgrading the iShares MSCI India Small-Cap ETF (SMIN) to a buy due to improved valuation, despite technical caution. SMIN has underperformed, down 11% since November 2024, but offers a cheap P/E ratio of 16x and a PEG ratio under 1. The ETF's sector diversification includes 22% Industrials and 16% Financials, with a promising long-term EPS growth rate of 23%.

SMIN: Upgrading To Buy, India Small Caps' Valuation Is Now Favorable

SMIN: Keep The Faith In India's Small Caps

Indian small and mid-cap names have led the way down this year. But there are signs that the cyclical tide is turning. SMIN stands out as a compelling rebound play.

SMIN: Keep The Faith In India's Small Caps

CNBC Television

Trade Tracker: Steve Weiss sells the INDA and SMIN ETFs

Steve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's 'Halftime Report' to explain why he's bearish on India.

Trade Tracker: Steve Weiss sells the INDA and SMIN ETFs

Indian Banks To Sustain Higher Leverage Ratios On Growing Capital

Major Indian banks are expected to sustain high leverage ratios, as healthy profits and a rapidly growing economy will help them build buffers. India's economic growth, which slowed to 5.4% year over year in the July–September quarter from 8.1% in the same period in 2023, is expected to recover as most economists expect the government and companies to step up spending in the coming months.

Indian Banks To Sustain Higher Leverage Ratios On Growing Capital

CNBC Television

China and India's emerging markets will both have opportunities, says Calamos' Nick Niziolek

Nick Niziolek, Calamos Investment Management co-CIO, joins 'Closing Bell: Overtime' to discuss global opportunities in emerging markets under Trump.

China and India's emerging markets will both have opportunities, says Calamos' Nick Niziolek

SMIN: High Growth-High Price, Spotting A Better Entry (Rating Downgrade)

I am downgrading SMIN to a hold due to a higher P/E ratio and weakening technical trends despite strong long-term growth prospects. SMIN's portfolio is heavily weighted towards cyclical sectors, which could be vulnerable if emerging-market growth falters. The ETF's seasonality trends are weak from December to February, and technical indicators show bearish divergence and weakening momentum.

SMIN: High Growth-High Price, Spotting A Better Entry (Rating Downgrade)

Disruptive Theme of the Week: Digital India

Recently, I mentioned India as one of the top themes this year. However, I wanted to go further in-depth into this thematic opportunity.

Disruptive Theme of the Week: Digital India

SMIN: Small-Cap India Outperforms Large

Investing in India's small-cap market offers strong growth potential, with the iShares MSCI India Small-Cap ETF providing diversified exposure to 499 companies. The SMIN ETF's sector composition, with heavy Industrials and Financials exposure, aligns well with India's long-term infrastructure and economic growth prospects. Despite a higher expense ratio of 0.79%, SMIN's past performance and diversification make it a compelling option for investors seeking underappreciated equity exposure.

SMIN: Small-Cap India Outperforms Large

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