Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the EGShares India Infrastructure ETF (NYSE: INXX) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at INXX and see what CAPS investors are saying about the ETF right now.
INXX facts
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Inception |
August 2010 |
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Total Assets |
$71.0 million |
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Investment Approach |
Seeks results that generally correspond to the price and yield performance of the INDXX India Infrastructure Index. The ETF is designed to provide exposure to the growing infrastructure needs in India. |
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Expense Ratio |
0.85% |
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Dividend Yield |
1.5% |
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3-Month / Year-to-Date / 1-Year Returns |
0.7% / (7.5%) / 11.4% |
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Alternatives |
WisdomTree India Earnings iShares S&P India Nifty 50 Index |
Sources: Morningstar and Motley Fool CAPS.
On CAPS, all 50 members who have rated INXX believe the ETF will outperform the S&P 500 going forward.
Earlier this week, one of those Fools, Ikarruss, succinctly summed up the INXX bull case for our community:
India is going to have a short term jump when rates go down again. They have less inflation than they expect. This is only a short term positive, but India moves at its own pace and with stagnation everywhere, maybe India will be the starter this time. The US market is going to have a correction, this is a defensive play.
