How much do Back to Index and Mirae Asset BSE India Defence ETF overlap?

They share 18 common holdings, a weighted portfolio overlap of about 73.21% (significant overlap — largely the same bets), as on May 2026. Information only, not investment advice.

What does 73.21% 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 Mirae Asset BSE India Defence ETF

Motilal Oswal MF · Index FundMirae Asset MF · ETF· as on May 2026

Weighted portfolio overlap

73.21%

Significant overlap

Common

Only Back

Only Mirae

18 of 34 unique stocks in common · Jaccard: 52.9%

Common holdings

Stock	in Back	in Mirae
Hindustan AeronauticsAerospace & Defense	20.00%	14.40%
Bharat ElectronicsAerospace & Defense	17.53%	12.13%
Solar Industries IndiaChemicals & Petrochemicals	11.06%	13.64%
Mazagon Dock ShipbuildersIndustrial Manufacturing	6.11%	5.76%
MTAR TechnologiesElectrical Equipment	4.07%	5.10%
Cochin ShipyardIndustrial Manufacturing	4.32%	3.78%
Data Patterns (India)Aerospace & Defense	3.55%	3.66%
Bharat ForgeAuto Components	14.75%	3.42%
Bharat DynamicsAerospace & Defense	3.70%	3.38%
Astra Microwave ProductsAerospace & Defense	2.80%	3.62%
Garden Reach Shipbuilders & EngineersAerospace & Defense	2.53%	2.32%
Zen TechnologiesAerospace & Defense	2.27%	2.34%
Apollo Micro SystemsAerospace & Defense	1.16%	1.64%
AXISCADES TechnologiesAerospace & Defense	1.06%	1.02%
Paras Defence and Space TechnologiesAerospace & Defense	0.83%	0.89%
Mishra Dhatu NigamAerospace & Defense	0.56%	0.63%
BEMLAgricultural, Commercial & Construction Vehicles	2.03%	0.43%
Dynamatic TechnologiesIndustrial Manufacturing	1.33%	0.28%

FAQ

How much do Back to Index and Mirae Asset BSE India Defence ETF overlap?: They share 18 common holdings, a weighted portfolio overlap of about 73.21% (significant overlap — largely the same bets), as on May 2026. Information only, not investment advice.
What does 73.21% 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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.