FLIN vs INDA overlap - what they share and where they differ

FLIN and INDA share 26.6% of their weight across 25 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

FLIN and INDA

26.6%

25 shared positions

FLIN

Franklin FTSE India ETF

Reported positions cover 100% of the fund, 278 positions · Jun 30, 2026

Top 10: 30.1%·Holdings of FLIN

INDA

iShares MSCI India ETF

Reported positions cover 100% of the fund, 168 positions · May 31, 2026

Top 10: 33.7%·Holdings of INDA

Reported positions cover FLIN 100%, INDA 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

INDA vs FLIN side by side

FLINFranklin FTSE India ETF

278

stock positions reported to the SEC

72.8% of its weight is in 253 names INDA does not hold

INDAiShares MSCI India ETF

168

stock positions reported to the SEC

70.3% of its weight is in 143 names FLIN does not hold

Where each fund's weight sits

FLIN
INDA
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Financial Services
11.1%
11.5%
Consumer Cyclical
5.5%
6.2%
Technology
3.8%
4.9%
Healthcare
0.6%
0.5%
Utilities
0.3%
0.4%

The widest gap is Technology: INDA has 1.0 points more of it.

The figures side by side

FLININDA
Filing dateJun 30, 2026May 31, 2026
Stock positions reported278168
Weight of the ten largest30.1%33.7%
Largest positionHDB 5.7%RS 6.2%
Held alone253 positions, 72.8%143 positions, 70.3%
Covered by stock positions100%100%

Holdings they share

StockIn FLINIn INDACounted
HDBHDFC BANK LTD5.74%6.15%5.74%
RSRELIANCE INDUSTRIES LTD5.49%6.23%5.49%
IBNICICI BANK LTD4.61%4.68%4.61%
INFYINFOSYS LTD2.15%2.92%2.15%
STATE BANK OF INDIA1.20%1.34%1.20%
COAL INDIA LTD0.66%0.64%0.64%
GRASIM INDUSTRIES LTD0.70%0.64%0.64%
INTRINTERGLOBE AVIATION LTD0.64%0.63%0.63%
DIVI'S LABORATORIES LTD0.53%0.60%0.53%
RDYDR. REDDY'S LABORATORIES LTD0.52%0.54%0.52%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in FLIN

BHARTI AIRTEL LTD3.55%
AXIS BANK LTD1.95%
MAHINDRA & MAHINDRA LTD1.80%
LARSEN & TOUBRO LTD1.76%
BAJAJ FINANCE LTD1.73%
KOTAK MAHINDRA BANK LTD1.36%
TATA CONSULTANCY SERVICES LTD1.31%
SUN PHARMACEUTICAL INDUSTRIES LTD1.26%
HINDUSTAN UNILEVER LTD1.20%
MARUTI SUZUKI INDIA LTD1.13%

Only in INDA

BHARTI AIRTEL LIMITED3.63%
AXIS BANK LIMITED2.23%
MAHINDRA AND MAHINDRA LIMITED2.20%
LARSEN AND TOUBRO LIMITED2.13%
BAJAJ FINANCE LIMITED1.92%
KOTAK MAHINDRA BANK LIMITED1.59%
TATA CONSULTANCY SERVICES LIMITED1.54%
HINDUSTAN UNILEVER LIMITED1.34%
SUN PHARMACEUTICAL INDUSTRIES LIMITED1.30%
NTPC LIMITED1.28%

Questions people ask

Is FLIN the same as INDA?

26.6% of their weight sits in the same 25 holdings. FLIN also reports BHARTI AIRTEL LTD, AXIS BANK LTD, MAHINDRA & MAHINDRA LTD, which the other does not. INDA also reports BHARTI AIRTEL LIMITED, AXIS BANK LIMITED, MAHINDRA AND MAHINDRA LIMITED, which the other does not.

How is the overlap between FLIN and INDA measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of FLIN and 100% of INDA, so the number cannot exceed the smaller coverage.

Which holds more, INDA or FLIN?

FLIN reports 278 stock positions and INDA reports 168. 72.8% of FLIN's weight sits in names INDA does not hold, and 70.3% of INDA's weight in names FLIN does not hold. The ten largest positions are 30.1% of FLIN and 33.7% of INDA.

How do FLIN and INDA differ by sector?

The widest gap is Technology: INDA has 1.0 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.