How much do Back to Index and IB25-Groww Nifty India Defence ETF overlap?

They share 15 common holdings, a weighted portfolio overlap of about 88.89% (extreme overlap — near-identical portfolios), as on Apr 2026. Information only, not investment advice.

What does 88.89% overlap mean?

Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Fund overlap

Back to Index vs IB25-Groww Nifty India Defence ETF

Motilal Oswal MF · Index FundGroww MF · ETF· as on Apr 2026

Weighted portfolio overlap

88.89%

Extreme overlap

Common

Only Back

Only IB25-Groww

15 of 22 unique stocks in common · Jaccard: 68.2%

Common holdings

Stock	in Back	in IB25-Groww
Hindustan AeronauticsAerospace & Defense	20.00%	19.49%
Bharat ElectronicsAerospace & Defense	17.53%	21.02%
Bharat ForgeAuto Components	14.75%	12.13%
Solar Industries IndiaChemicals & Petrochemicals	11.06%	11.61%
Mazagon Dock ShipbuildersIndustrial Manufacturing	6.11%	7.12%
Cochin ShipyardIndustrial Manufacturing	4.32%	5.20%
Bharat DynamicsAerospace & Defense	3.70%	4.84%
Astra Microwave ProductsAerospace & Defense	2.80%	3.03%
Data Patterns (India)Aerospace & Defense	3.55%	2.79%
Garden Reach Shipbuilders & EngineersAerospace & Defense	2.53%	2.57%
Zen TechnologiesAerospace & Defense	2.27%	2.13%
MTAR TechnologiesElectrical Equipment	4.07%	1.85%
Dynamatic TechnologiesIndustrial Manufacturing	1.33%	1.06%
Paras Defence and Space TechnologiesAerospace & Defense	0.83%	0.85%
Mishra Dhatu NigamAerospace & Defense	0.56%	0.65%

FAQ

How much do Back to Index and IB25-Groww Nifty India Defence ETF overlap?: They share 15 common holdings, a weighted portfolio overlap of about 88.89% (extreme overlap — near-identical portfolios), as on Apr 2026. Information only, not investment advice.
What does 88.89% overlap mean?: Weighted overlap sums the smaller of the two weights for each shared stock, so it approximates how much of the two portfolios coincide. Higher overlap means holding both funds adds less diversification.

Related comparisons

Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on Apr 2026). Equity holdings only, ISIN-verified. Not investment advice.