How much do Mirae Asset BSE India Defence ETF and SBI Nifty 50 ETF overlap?

They share 4 common holdings, a weighted portfolio overlap of about 9.09% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.

What does 9.09% 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

Mirae Asset BSE India Defence ETF vs SBI Nifty 50 ETF

Mirae Asset MF · ETFSBI MF · ETF· as on May 2026

Weighted portfolio overlap

9.09%

Low overlap

Common

Only Mirae

Only SBI

4 of 79 unique stocks in common · Jaccard: 5.1%

Common holdings

Stock	in Mirae	in SBI
Larsen & ToubroConstruction	4.75%	4.43%
Mahindra & MahindraAutomobiles	4.28%	2.52%
Bharat ElectronicsAerospace & Defense	12.13%	1.36%
Adani EnterprisesMetals & Minerals Trading	5.10%	0.78%

FAQ

How much do Mirae Asset BSE India Defence ETF and SBI Nifty 50 ETF overlap?: They share 4 common holdings, a weighted portfolio overlap of about 9.09% (low overlap — mostly different holdings), as on May 2026. Information only, not investment advice.
What does 9.09% 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.