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

They share 3 common holdings, a weighted portfolio overlap of about 6.62% (low overlap — mostly different holdings), as on Apr 2024. Information only, not investment advice.

What does 6.62% 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 Nifty Auto ETF

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

Weighted portfolio overlap

6.62%

Low overlap

Common

Only Nippon India ETF

Only Nippon India Nifty

3 of 42 unique stocks in common · Jaccard: 7.1%

Common holdings

Stock	in Nippon India ETF	in Nippon India Nifty
Mahindra & MahindraAutomobiles	2.42%	19.51%
Tata Motors Passenger VehiclesAutomobiles	2.12%	16.78%
Maruti Suzuki IndiaAutomobiles	2.08%	16.00%

FAQ

How much do Nippon India ETF S&P BSE Sensex and Nippon India Nifty Auto ETF overlap?: They share 3 common holdings, a weighted portfolio overlap of about 6.62% (low overlap — mostly different holdings), as on Apr 2024. Information only, not investment advice.
What does 6.62% 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.