Mike Philbrick iShares CNX Nifty India XID-T PAST TOP PICK Aug 30, 2024

XID vs VEE (India vs. EM) VEE is Asia-ex Japan. It contains some major India stocks, plus Korea and China. With XID, you're making a country call. Do you know something about India that the world does not? He is not a country allocator. Take a look at Forstrong ETFs (https://www.forstrong.com/) who actively manage and you need that if you're so country-specific.

VEE vs. XID VEE covers EM. XID: India has a young working population who speak English. India fits well into global commerce. If they build their infrastructure, India will do well. Problem is, everyone knows India's long-term story and already have high expectations. India has been underperforming the past year, so he wants to see India cheaper and offer better performance before stepping in. Wait. Look at SCIF for India small-caps For EM, focus on Asian EMs, so go with GMF-N instead of VEE.

India surpassing China as most populous country. 
English speaking with Western influence.
Rebellion against China - will see investment from West.
Good for international exposure. 

Good product to get exposure to India stock markets. Helps get emerging markets performance as well. Relatively safe product. Would recommend buying. 

He has very little EM exposure. But compared to developed markets, EMs have gotten very cheap on valuation and price. Likes EMs, and India is one of the leaders in that space. This ETF has performed well, up 21% in past year.

Note that you can buy a similar ETF, INDA, in USD for a cheaper MER.

India has been an amazing growth story, attracting enormous interest. India ETFs in Canada and US tend to be more expensive. Legacy product from iShares, but expensive.