FMQQ vs INQQ
FMQQ The Next Frontier Internet ETF against INQQ The India Internet ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
44%
18 shared positions
Fee gap
0 bp
same fee
1-year return gap
3.1 pts
FMQQ is ahead
Larger fund
INQQ
$40M
Side by side
| FMQQ | INQQ | |
|---|---|---|
| Fund | FMQQ The Next Frontier Internet ETF | INQQ The India Internet ETF |
| Issuer | FMQQ | INQQ |
| Category | Internet & Innovation | Single Country |
| Expense ratio | 0.86% | 0.86% |
| Assets | $20M | $40M |
| Average daily dollar volume | $167K | $143K |
| Listed | Sep 27, 2021 | Apr 5, 2022 |
| FrenzyCap score | 15 | 17 |
| 1-month return | +0.2% | −5.9% |
| 3-month return | +2.8% | −2.3% |
| Year to date | −9.2% | −12.9% |
| 1-year return | −16.3% | −19.4% |
| 30-day volatility | 23.3% | 18.7% |
| Worst drawdown, 1 year | −28.2% | −31.6% |
| Trailing 12-month yield | 0.67% | 2.56% |
| Holdings | 38 | 28 |
| Top 10 weight | 63.9% | 62.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$2.3M thru May 2026 | −$3.9M thru May 2026 |
| 30-day implied volatility | — | 64.9% |
| Holdings as of | as of May 31, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
46% of FMQQ · 86% of INQQ| Holding | FMQQ | INQQ |
|---|---|---|
| RELIANCE INDUSTRIES LIMITED | 7.92% | 7.81% |
| BAJAJ FINANCE LIMITED | 8.22% | 7.60% |
| Eternal Ltd | 7.84% | 6.77% |
| JIO FINANCIAL SERVICES LIMITED | 3.80% | 5.87% |
| BILLIONBRAINS GARAGE VENTURES LIMITED | 3.44% | 7.41% |
| PB Fintech Ltd | 2.77% | 6.50% |
| ONE 97 COMMUNICATIONS LIMITED | 1.68% | 4.41% |
| INFO EDGE (INDIA) LIMITED | 1.67% | 3.90% |
| MMYT | 1.59% | 4.03% |
| FSN E-COMMERCE VENTURES LIMITED | 1.40% | 4.99% |
| SWIGGY LIMITED | 1.31% | 3.55% |
| Lenskart Solutions Ltd | 1.23% | 6.65% |
| Jubilant FoodWorks Limited | 0.80% | 3.70% |
| ANGEL ONE LIMITED | 0.69% | 3.77% |
| Pine Labs Ltd | 0.54% | 2.99% |
| Indian Energy Exchange Ltd | 0.46% | 2.53% |
| Affle 3i Ltd | 0.37% | 2.04% |
| Cartrade Tech Ltd | 0.32% | 1.77% |
Sector mix of the stock holdings
| Sector | FMQQ | INQQ | Gap |
|---|---|---|---|
| Industrials | 27.1% | 4.0% | +23.1% |
| Financials | 10.5% | 0.0% | +10.5% |
| Consumer Discretionary | 3.1% | 0.0% | +3.1% |
| Technology | 2.3% | 0.0% | +2.3% |
More: full overlap table · FMQQ holdings · INQQ holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.