Understanding the Columbia India Consumer ETF (INCO)

What this ETF is trying to do

The Columbia India Consumer ETF (ticker: INCO) is an exchange-traded fund listed on the NYSE. While specific investment goals are not detailed in the provided data, this type of fund typically focuses on companies within the consumer sector in India.

What the numbers show

The data shows different ways the fund's value has moved over time. It is important to distinguish between price return (the change in the share price) and total return (which includes distributions).

• Year-to-Date (YTD): The fund has seen a price return of approximately -12.42%. Because there were no distributions, the total return is also -12.42%.

• One-Year Performance: The one-year price return is approximately -12.42%, and the total return is also -12.42%. Based on an estimated price from roughly one year ago of $64.81, the current price is $56.76.

• Three-Year Performance: Over the last three years, the price return was approximately 6.95%. However, the total return was higher at approximately 14.33%.

• Five-Year Performance: The five-year total return is approximately 21.42%.

Income and distribution explanation

For investors looking for regular cash payments, this ETF currently shows a distribution yield of 0%. The data indicates that no distributions were detected over the last 12 months. Because there are no payouts, the income rating for this fund is a "D" with a score of 52.

NAV erosion explanation

The fund has an erosion-risk score of 75, which is labeled as "mild price erosion." This means the share price has shown some signs of declining.

It is important to note that a falling market price is a "share-price decline." The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

Pros

• Positive Long-Term Total Returns: While recent performance has been down, the fund has shown positive total returns over three-year and five-year periods.

• No Severe Risk Flag: The fund does not currently have a "severe erosion-risk flag."

Cons

• Recent Price Decline: The fund has experienced a significant price decline of approximately 12.42% both year-to-date and over the last year.

• No Income: There are currently no distributions being paid to investors.

Beginner takeaway

When looking at INCO, it is helpful to see the difference between price and total return. Over three years, the total return was higher than the price return, which usually happens when an ETF pays out money to shareholders. However, in the short term (the last year), the share price has dropped. This fund is not currently providing income through distributions.