How much do Nippon India ETF Nifty 50 Shariah BeES and Nippon India ETF Nifty Dividend Opportunities 50 overlap?

They share 9 common holdings, a weighted portfolio overlap of about 39.78% (moderate overlap — a meaningful shared core), as on Apr 2024. Information only, not investment advice.

What does 39.78% 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

Nippon India ETF Nifty 50 Shariah BeES vs Nippon India ETF Nifty Dividend Opportunities 50

Nippon India MF · ETFNippon India MF · ETF· as on Apr 2024

Weighted portfolio overlap

39.78%

Moderate overlap

Common

Only Nippon India ETF Nifty 50

Only Nippon India ETF Nifty Dividend

9 of 62 unique stocks in common · Jaccard: 14.5%

Common holdings

Stock	in Nippon India ETF Nifty 50	in Nippon India ETF Nifty Dividend
Tata Consultancy ServicesIT - Software	14.45%	9.36%
InfosysIT - Software	18.93%	9.02%
Hindustan UnileverDiversified FMCG	7.44%	5.12%
HCL TechnologiesIT - Software	5.40%	3.72%
Tata SteelFerrous Metals	5.08%	3.49%
Oil & Natural Gas CorporationOil	4.12%	2.83%
Coal IndiaConsumable Fuels	3.87%	2.66%
Tech MahindraIT - Software	2.99%	2.06%
Hero MotoCorpAutomobiles	2.20%	1.52%

FAQ

How much do Nippon India ETF Nifty 50 Shariah BeES and Nippon India ETF Nifty Dividend Opportunities 50 overlap?: They share 9 common holdings, a weighted portfolio overlap of about 39.78% (moderate overlap — a meaningful shared core), as on Apr 2024. Information only, not investment advice.
What does 39.78% 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 2024). Equity holdings only, ISIN-verified. Not investment advice.