How much do Back to Index and ICICI Prudential Nifty Financial Services Ex-Bank ETF overlap?

They share 17 common holdings, a weighted portfolio overlap of about 39.66% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.

What does 39.66% 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 ICICI Prudential Nifty Financial Services Ex-Bank ETF

Motilal Oswal MF · Index FundICICI Pru MF · ETF· as on May 2026

Weighted portfolio overlap

39.66%

Moderate overlap

Common

Only Back

Only ICICI

17 of 43 unique stocks in common · Jaccard: 39.5%

Common holdings

Stock	in Back	in ICICI
BSECapital Markets	14.18%	9.94%
Multi Commodity Exchange of IndiaCapital Markets	7.21%	4.42%
PB FintechFinancial Technology (Fintech)	5.40%	3.40%
One 97 CommunicationsFinancial Technology (Fintech)	4.38%	2.76%
Max Financial ServicesInsurance	4.00%	2.60%
ICICI Lombard General Insurance CompanyInsurance	4.07%	2.55%
Aditya Birla CapitalFinance	2.71%	1.76%
360 One WamCapital Markets	2.56%	1.68%
L&T FinanceFinance	2.27%	1.43%
Central Depository Services (India)Capital Markets	2.16%	1.30%
Angel OneCapital Markets	1.90%	1.28%
ICICI Prudential Life Insurance CompanyInsurance	1.93%	1.17%
PNB Housing FinanceFinance	1.87%	1.14%
Computer Age Management ServicesCapital Markets	1.69%	1.12%
SBI Cards and Payment ServicesFinance	1.84%	1.10%
Life Insurance Corporation of IndiaInsurance	1.68%	1.07%
LIC Housing FinanceFinance	1.59%	0.94%

FAQ

How much do Back to Index and ICICI Prudential Nifty Financial Services Ex-Bank ETF overlap?: They share 17 common holdings, a weighted portfolio overlap of about 39.66% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.
What does 39.66% 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.