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

They share 5 common holdings, a weighted portfolio overlap of about 31.75% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.

What does 31.75% 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 SBI Nifty Bank ETF

Nippon India MF · ETFSBI MF · ETF· as on May 2026

Weighted portfolio overlap

31.75%

Moderate overlap

Common

Only Nippon

Only SBI

5 of 39 unique stocks in common · Jaccard: 12.8%

Common holdings

Stock	in Nippon	in SBI
HDFC BankBanks	13.51%	17.90%
ICICI BankBanks	9.48%	13.61%
Axis BankBanks	3.88%	10.26%
State Bank of IndiaBanks	3.72%	9.06%
IndusInd BankBanks	1.16%	5.40%

FAQ

How much do Nippon India ETF S&P BSE Sensex and SBI Nifty Bank ETF overlap?: They share 5 common holdings, a weighted portfolio overlap of about 31.75% (moderate overlap — a meaningful shared core), as on May 2026. Information only, not investment advice.
What does 31.75% 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 May 2026). Equity holdings only, ISIN-verified. Not investment advice.