How much do Nippon India ETF Nifty 50 Shariah BeES and Nippon India ETF S&P BSE Sensex overlap?

They share 10 common holdings, a weighted portfolio overlap of about 21.76% (moderate overlap — a meaningful shared core), as on Apr 2024. Information only, not investment advice.

What does 21.76% 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 S&P BSE Sensex

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

Weighted portfolio overlap

21.76%

Moderate overlap

Common

Only Nippon India ETF Nifty

Only Nippon India ETF S&P

10 of 41 unique stocks in common · Jaccard: 24.4%

Common holdings

Stock	in Nippon India ETF Nifty	in Nippon India ETF S&P
InfosysIT - Software	18.93%	5.95%
Tata Consultancy ServicesIT - Software	14.45%	4.59%
Hindustan UnileverDiversified FMCG	7.44%	2.34%
HCL TechnologiesIT - Software	5.40%	1.70%
Tata SteelFerrous Metals	5.08%	1.58%
Asian PaintsConsumer Durables	4.84%	1.52%
Ultratech CementCement & Cement Products	4.30%	1.35%
Nestle IndiaFood Products	3.34%	1.05%
Tech MahindraIT - Software	2.99%	0.92%
WiproIT - Software	2.44%	0.76%

FAQ

How much do Nippon India ETF Nifty 50 Shariah BeES and Nippon India ETF S&P BSE Sensex overlap?: They share 10 common holdings, a weighted portfolio overlap of about 21.76% (moderate overlap — a meaningful shared core), as on Apr 2024. Information only, not investment advice.
What does 21.76% 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.