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

FLIN and INDA share 84.4% of their weight across 156 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

84.4%

156 shared positions

FLIN

Franklin FTSE India ETF

Reported positions cover 100% of the fund, 274 positions · Jun 30, 2026

Top 10: 30.8%·Holdings of FLIN

INDA

iShares MSCI India ETF

Reported positions cover 99% of the fund, 164 positions · Aug 31, 2026

Top 10: 34.2%·Holdings of INDA

Reported positions cover FLIN 100%, INDA 99% 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

274

stock positions reported to the SEC

12.8% of its weight is in 118 names INDA does not hold

INDAiShares MSCI India ETF

164

stock positions reported to the SEC

3.4% of its weight is in 8 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%
12.3%
Consumer Cyclical
5.8%
6.3%
Technology
4.9%
5.4%
Industrials
1.0%
0.9%
Healthcare
0.5%
0.4%

The widest gap is Financial Services: INDA has 1.2 points more of it.

The figures side by side

FLININDA
Filing dateJun 30, 2026Aug 31, 2026
Stock positions reported274164
Weight of the ten largest30.8%34.2%
Largest positionHDB 5.7%HDB 5.9%
Held alone118 positions, 12.8%8 positions, 3.4%
Covered by stock positions100%99%

Holdings they share

StockIn FLINIn INDACounted
HDBHDFC BANK LTD5.74%5.92%5.74%
RSRELIANCE INDUSTRIES LTD5.49%5.85%5.49%
IBNICICI BANK LTD4.61%5.64%4.61%
BHARTI AIRTEL LIMITEDBHARTI AIRTEL LTD3.55%3.73%3.55%
INFYINFOSYS LTD2.15%2.60%2.15%
SUGPSUN TV NETWORK LTD2.01%2.10%2.01%
AXIS BANK LIMITEDAXIS BANK LTD1.95%2.18%1.95%
MAHINDRA AND MAHINDRA LIMITEDMAHINDRA & MAHINDRA LTD1.80%2.15%1.80%
LARSEN AND TOUBRO LIMITEDLARSEN & TOUBRO LTD1.76%2.05%1.76%
BAJAJ FINANCE LIMITEDBAJAJ FINANCE LTD1.73%1.98%1.73%

What each holds alone

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

Only in FLIN

ASIAN PAINT LTD0.75%
APOLLO HOSPITALS ENTERPRISES LTD0.56%
COFORGE LTD0.32%
TORRENT PHARMACEUTICAL LTD0.31%
ADANI GREEN ENERGY LTD0.28%
MAX FINANCIAL SERVICES LTD0.26%
FSN E-COMMERCE VENTURES PRIVATE LTD0.25%
ABB LTD (IN)0.24%
EMBASSY OFFICE PARKS REIT0.24%
KEI INDUSTRIES LTD0.21%

Only in INDA

ASIAN PAINTS LIMITED0.76%
APOLLO HOSPITALS ENTERPRISE LIMITED0.67%
TORRENT PHARMACEUTICALS LTD0.55%
VEDANTA ALUMINIUM METAL LIMITED0.45%
FSN E-COMMERCE VENTURES LIMITED0.32%
ABB INDIA LIMITED0.26%
PUNJAB NATIONAL BANK0.21%
THE BANK OF BARODA LIMITED0.19%

Questions people ask

Is FLIN the same as INDA?

84.4% of their weight sits in the same 156 holdings. FLIN also reports ASIAN PAINT LTD, APOLLO HOSPITALS ENTERPRISES LTD, COFORGE LTD, which the other does not. INDA also reports ASIAN PAINTS LIMITED, APOLLO HOSPITALS ENTERPRISE LIMITED, TORRENT PHARMACEUTICALS LTD, 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 99% of INDA, so the number cannot exceed the smaller coverage.

Which holds more, INDA or FLIN?

FLIN reports 274 stock positions and INDA reports 164. 12.8% of FLIN's weight sits in names INDA does not hold, and 3.4% of INDA's weight in names FLIN does not hold. The ten largest positions are 30.8% of FLIN and 34.2% of INDA.

How do FLIN and INDA differ by sector?

The widest gap is Financial Services: INDA has 1.2 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.

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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.