ETF Versus

EWG vs INDA

iShares MSCI Germany ETF vs iShares MSCI India ETF

Last updated: 2026-04-10

EWG iShares

iShares MSCI Germany ETF (EWG) is an exchange-traded fund issued by iShares 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 1.63%. Launched in 1996, the fund has a 30-year track record.

AUM: $1.4B ER: 0.49% Yield: 1.63% Since: Mar 12, 1996
INDA iShares

iShares MSCI India ETF (INDA) is an exchange-traded fund issued by iShares 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: $6.7B 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 16.1% return vs -2.4%.

Key Metrics

Metric EWG INDA
Expense Ratio 0.49% 0.61%
Dividend Yield 1.6% N/A
Fund Family iShares iShares
Category Germany Equity India Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

55 74 93 112 131 150 2021-04 2022-07 2023-10 2025-01 2026-04
EWG +20.2%
INDA +22.8%

Performance Comparison

Period EWG INDA Difference
1 Month +1.85% +0.11% +1.74%
3 Months -5.19% -7.63% +2.44%
6 Months -0.54% -6.88% +6.34%
YTD -2.36% -9.59% +7.23%
1 Year +16.08% -2.37% +18.45%
3 Years +45.04% +23.10% +21.94%
5 Years +20.24% +22.82% -2.58%

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 20.6% 15.8%
Max Drawdown -46.5% -25.1%
Sharpe Ratio 0.06 0.06

Dividend Comparison

Metric EWG INDA
Annual Dividend (per share) $0.68 $0.00
Dividend Yield 1.63% 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/SIE10.55%
SAP SE!etr/SAP9.37%
Allianz SE!etr/ALV8.62%
Siemens Energy AG!etr/ENR7.68%
Deutsche Telekom AG!etr/DTE6.94%
Rheinmetall AG!etr/RHM4.35%
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München!etr/MUV24.32%
Infineon Technologies AG!etr/IFX3.35%
Deutsche Bank Aktiengesellschaft!etr/DBK2.99%
Deutsche Börse AG!etr/DB12.86%

INDA Top Holdings

NameWeight
BLK CSH FND TREASURY SL AGENCYXTSLA8.45%
HDFC Bank Limited!nse/HDFCBANK7.38%
Reliance Industries Limited!nse/RELIANCE6.35%
ICICI Bank Limited!nse/ICICIBANK5.50%
Bharti Airtel Limited!nse/BHARTIARTL3.70%
Infosys Limited!nse/INFY3.38%
INR CASHINR2.91%
Axis Bank Limited!nse/AXISBANK2.43%
Mahindra & Mahindra Limited!nse/M&M2.32%
Larsen & Toubro Limited!nse/LT2.09%

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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