Columbia India Small Cap ETF (SCIN), part of Columbia ETF Trust II, is an exchange-traded fund that seeks to track the performance of the Indxx India Small Cap Index through a full replication technique by investing in growth and value stocks of small-cap companies across diversified sectors in India, including financials, consumer goods, industrials, health care, utilities, basic materials, consumer services, oil and gas, technology, and telecommunications. The fund invests directly in a representative sample of approximately 75 Indian small-cap companies selected by Indxx LLC based on free-float market capitalization weighting, utilizing a Republic of Mauritius-based offshore subsidiary to construct its portfolio domiciled in the United States. Launched on July 7, 2010, and managed by Columbia Management Investment Advisers, LLC (now under Columbia Threadneedle Investments), it targets investors seeking exposure to India's small-cap equity market segment.
In a significant operational change, Columbia India Small Cap ETF ceased operations and went out of business as of June 21, 2019, with total net assets reaching zero and no active trading or institutional ownership reported thereafter. No recent partnerships, funding rounds, acquisitions, new product launches, or strategic expansions have been announced for SCIN in 2024 or 2025, reflecting its delisted status amid Columbia Threadneedle's focus on launching new ETFs such as the Columbia Research Enhanced Small Cap ETF and others in equity and fixed income segments. The fund previously operated with an expense ratio of approximately 0.77% and low average daily volume, primarily serving institutional and retail investors interested in emerging market small-cap opportunities concentrated in India.