What does 0% 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 S&P BSE Sensex vs Nippon India ETF S&P BSE Sensex Next 50

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

Weighted portfolio overlap

No overlap

Common

Only Nippon India ETF S&P BSE Sensex

Only Nippon India ETF S&P BSE Sensex Next

0 of 80 unique stocks in common · Jaccard: 0%

Common holdings

Nippon India ETF S&P BSE Sensex and Nippon India ETF S&P BSE Sensex Next 50 share no common equity holdings in our coverage.

FAQ

How much do Nippon India ETF S&P BSE Sensex and Nippon India ETF S&P BSE Sensex Next 50 overlap?: They share 0 common holdings, a weighted portfolio overlap of about 0% (no overlap — no common equity holdings), as on Apr 2024. Information only, not investment advice.
What does 0% 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.