ETF Overlap Tool
Enter up to six ETFs to see how much of each is the same securities. Overlap by weight is the sum, over every holding two funds share, of the smaller of the two weights: 100% means identical portfolios, 0% means nothing in common.
Overlap by weight
54 holdings in all 2 funds| Fund | IND | INDE | Positions | Holdings |
|---|---|---|---|---|
| INDXtrackers Nifty 500 India ETF | — | 37% 54 shared |
502 | as of May 31, 2026SEC filing |
| INDEMatthews India Active ETF | 37% 54 shared | — | 69 | as of Jun 30, 2026SEC filing |
Each cell: overlap by weight, and how many positions the two funds share. Equity, preferred and fund holdings are compared; cash and derivatives are not.
Held by both funds
36.5% common weight| Holding | IND | INDE | Smallest |
|---|---|---|---|
| HDFC BANK LTD | 5.72% | 7.04% | 5.72% |
| ICICI BANK LTD | 4.55% | 5.75% | 4.55% |
| RELIANCE INDUSTRIES LTD | 4.50% | 3.04% | 3.04% |
| BHARTI AIRTEL LTD | 2.82% | 3.17% | 2.82% |
| AXIS BANK LTD | 1.86% | 3.10% | 1.86% |
| KOTAK MAHINDRA BANK LTD | 1.43% | 2.07% | 1.43% |
| STATE BANK OF INDIA | 2.03% | 1.42% | 1.42% |
| MAHINDRA & MAHINDRA LTD | 1.37% | 1.87% | 1.37% |
| BAJAJ FINANCE LTD | 1.22% | 3.74% | 1.22% |
| HINDUSTAN UNILEVER LTD | 0.96% | 1.67% | 0.96% |
| ETERNAL LTD | 0.91% | 6.55% | 0.91% |
| INFOSYS LTD | 2.04% | 0.71% | 0.71% |
| ULTRATECH CEMENT LTD | 0.68% | 1.06% | 0.68% |
| SHRIRAM FINANCE LTD | 0.68% | 3.58% | 0.68% |
| TITAN COMPANY LTD | 0.84% | 0.51% | 0.51% |
| EICHER MOTORS LTD | 0.50% | 0.69% | 0.50% |
| INTERGLOBE AVIATION LTD | 0.50% | 0.84% | 0.50% |
| SUN PHARMACEUTICAL INDUSTRIES LTD | 0.95% | 0.48% | 0.48% |
| ITC LTD | 1.39% | 0.44% | 0.44% |
| DIVI'S LABORATORIES LTD | 0.42% | 0.46% | 0.42% |
| CUMMINS INDIA LTD | 0.40% | 1.02% | 0.40% |
| TVS MOTOR CO LTD | 0.39% | 1.19% | 0.39% |
| TATA CONSUMER PRODUCTS LTD | 0.38% | 1.47% | 0.38% |
| FEDERAL BANK LTD (THE) | 0.37% | 0.82% | 0.37% |
| VARUN BEVERAGES LTD | 0.37% | 1.34% | 0.37% |
| CHOLAMANDALAM INVESTMENT & FINANCE COMPANY LTD | 0.33% | 1.32% | 0.33% |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 0.32% | 0.52% | 0.32% |
| BHARAT HEAVY ELECTRICALS LTD | 0.31% | 1.50% | 0.31% |
| PERSISTENT SYSTEMS LTD | 0.29% | 0.42% | 0.29% |
| AU SMALL FINANCE BANK LTD | 0.28% | 0.34% | 0.28% |
| MARUTI SUZUKI INDIA LTD | 0.86% | 0.26% | 0.26% |
| MAX FINANCIAL SERVICES LTD | 0.22% | 1.40% | 0.22% |
| ICICI LOMBARD GENERAL INSURANCE CO LTD | 0.22% | 0.45% | 0.22% |
| MARICO LTD | 0.22% | 2.25% | 0.22% |
| GODREJ CONSUMER PRODUCTS LTD | 0.21% | 0.65% | 0.21% |
| UNITED SPIRITS LTD | 0.19% | 0.24% | 0.19% |
| SWIGGY LTD | 0.18% | 1.60% | 0.18% |
| SONA BLW PRECISION FORGINGS LTD | 0.15% | 0.98% | 0.15% |
| PB FINTECH LTD | 0.30% | 0.15% | 0.15% |
| DELHIVERY LTD | 0.13% | 0.79% | 0.13% |
| L&T FINANCE LTD | 0.13% | 0.36% | 0.13% |
| NIPPON LIFE INDIA ASSET MANAGEMENT LTD | 0.10% | 0.52% | 0.10% |
| THERMAX LTD | 0.10% | 1.74% | 0.10% |
| ATHER ENERGY LTD | 0.09% | 1.64% | 0.09% |
| HFCL LTD | 0.09% | 2.55% | 0.09% |
| LENSKART SOLUTIONS LTD | 0.08% | 0.95% | 0.08% |
| NEULAND LABORATORIES LTD | 0.07% | 3.85% | 0.07% |
| ICICI PRUDENTIAL ASSET MANAGEMENT CO LTD | 0.06% | 0.33% | 0.06% |
| STAR HEALTH AND ALLIED INSURANCE CO LTD | 0.06% | 1.84% | 0.06% |
| BILLIONBRAINS GARAGE VENTURES LTD | 0.06% | 0.30% | 0.06% |
| SYRMA SGS TECHNOLOGY LTD | 0.04% | 0.75% | 0.04% |
| INVENTURUS KNOWLEDGE SOLUTIONS LTD | 0.04% | 0.45% | 0.04% |
| CARTRADE TECH LTD | 0.04% | 0.45% | 0.04% |
| CANARA HSBC LIFE INSURANCE CO LTD | 0.01% | 0.66% | 0.01% |
Reading overlap
Two funds with 80% overlap move together and holding both mostly doubles one exposure and both fees. Low overlap is not the same as diversification: two funds can share no holdings and still be driven by the same factor. To see what a whole portfolio owns, use the portfolio x-ray.
Holdings come from each issuer's daily file where we have one and otherwise from the fund's latest SEC filing, so the two sides of a comparison can be from different dates. The table shows each fund's date.
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.