How much do Nippon India ETF Nifty India Consumption and Nippon India ETF S&P BSE Sensex overlap?

They share 8 common holdings, a weighted portfolio overlap of about 19.88% (low overlap — mostly different holdings), as on Apr 2024. Information only, not investment advice.

What does 19.88% 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 India Consumption vs Nippon India ETF S&P BSE Sensex

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

Weighted portfolio overlap

19.88%

Low overlap

Common

Only Nippon India ETF Nifty

Only Nippon India ETF S&P

8 of 52 unique stocks in common · Jaccard: 15.4%

Common holdings

Stock	in Nippon India ETF Nifty	in Nippon India ETF S&P
ITCDiversified FMCG	9.73%	4.78%
Bharti AirtelTelecom - Services	10.24%	3.93%
Mahindra & MahindraAutomobiles	7.34%	2.42%
Hindustan UnileverDiversified FMCG	7.08%	2.34%
Maruti Suzuki IndiaAutomobiles	6.02%	2.08%
Titan CompanyConsumer Durables	5.33%	1.76%
Asian PaintsConsumer Durables	4.61%	1.52%
Nestle IndiaFood Products	3.18%	1.05%

FAQ

How much do Nippon India ETF Nifty India Consumption and Nippon India ETF S&P BSE Sensex overlap?: They share 8 common holdings, a weighted portfolio overlap of about 19.88% (low overlap — mostly different holdings), as on Apr 2024. Information only, not investment advice.
What does 19.88% 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.