GlobeNewswire Inc.T3·28mo ago
NDIA Global X India Active ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
NDIA
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Key stats
About
Global X India Active ETF (NDIA) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2023-08-17
- Has Options
- No
Fund profile
holdings as of Oct 21, 2026issuer datathrough May 2026flows, SEC filings
International Equity
Single Country#112 of 163 by assets
Global X
India
Emerging Markets
Actively managed
- Expense ratio
- 0.75% prospectus, filed Mar 27, 2026
- Assets
- $60M SEC filing, May 31, 2026
- Trailing yield
- 1.24% paid semi-annual
- Average daily volume
- $160K 30 sessions
- Holdings
- 32 top 10 are 55.5%
- Listed
- Aug 17, 2023 NYSE Arca
- Last fee change
- -1 bp filed Mar 27, 2026
Cost16
Liquidity7
Scale29
Diversification50
Moves with. US large-cap stocks (38% of its variance, beta 0.90); Developed markets ex-US over US (6% of its variance, beta 0.40); Emerging markets over US (4% of its variance, beta 0.10). These factors explain 44% of its daily moves over the last year.
Stated objective. The investment objective of the Global X India Active ETF (the Fund) is to achieve long-term capital growth. (from the fund's prospectus)
All 32 holdingsFlow historySimilar fundsOverlap toolAll Single Country ETFs
Fund flows
through May 2026SEC filings- May 2026
- +$90K latest reported month
- Latest 3 months
- +$4.4M +7.4% of assets
- Latest 12 months
- +$24M +40.5% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$90K |
| Apr 2026 | −$767K |
| Mar 2026 | +$5.1M |
| Feb 2026 | +$1.8M |
| Jan 2026 | +$4.1M |
| Dec 2025 | +$3.5M |
| Nov 2025 | +$581K |
| Oct 2025 | +$1.5M |
| Sep 2025 | $0 |
| Aug 2025 | $0 |
| Jul 2025 | +$3.1M |
| Jun 2025 | +$5.2M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 36 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| INDYiShares S&P India Nifty 50 Index Fund | 41% | 0.65% | $509M | −21.8% | compare |
| INDHWisdomTree India Hedged Equity Fund | 39% | 0.64% | $5.8M | −15.6% | compare |
| INDAiShares MSCI India ETF | 32% | 0.61% | $5.8B | −13.7% | compare |
| FLINFranklin FTSE India ETF | 28% | 0.19% | $2.5B | −13.9% | compare |
| INDXtrackers Nifty 500 India ETF | 26% | 0.19% | $4.5M | — | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 21, 2026issuer data- Insider buying
- 0% of weight had net insider buying, 90 days; 0% net selling
- Reporting earnings
- 4.1% of weight in 7 days; 4.1% in 14
Holdings reporting in the next 14 days · weighted implied move this week 0.41%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Feb 28, 2026 → May 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | TKRTHE TIMKEN COMPANY | 2.81% | — | — |
| New position | HINDUSTAN AERONAUTICS LIMITED | — | 1.99% | — |
| Exit | GENERAL INSURANCE CORPORATION OF INDIA | 1.85% | — | — |
| New position | SOLAR INDUSTRIES INDIA LIMITED | — | 1.19% | — |
| Increase | APOLLO HOSPITALS ENTERPRISE LIMITED | 3.36% | 4.33% | +17.8% |
| Increase | INTERGLOBE AVIATION LIMITED | 1.25% | 2.03% | +69.4% |
| Decrease | PRESTIGE ESTATES PROJECTS LIMITED | 2.84% | 2.44% | −16.3% |
| Increase | ULTRATECH CEMENT LIMITED | 3.71% | 4.10% | +16.3% |
| Increase | BHARAT PETROLEUM CORPORATION LIMITED | 2.07% | 2.03% | +21.4% |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.5%. Full holdings and history
Under the hood
fiscal year to Nov 30, 2025SEC census- Authorized participants
- 4 active of 22 with agreements; top 3 did 97%
- Created · redeemed
- $26M · $0 over the fiscal year
- Redemptions in kind
- 0% creations 23% in kind
- Creation unit
- 10,000 shares
- Securities lending
- not authorized
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-21
Holdings
32
AUM
$48.7M
Provider
Global X
Inception
2023-08-17
Exchange
ARCX
Data As Of
2026-10-21
Expense Ratio
0.75%
Dividend Yield
1.24%
Distribution
Semi-Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-30 | 2026-01-07 | $0.3270 | CD |
| 2024-12-30 | 2025-01-07 | $1.0508 | CD |
| 2023-12-28 | 2024-01-08 | $0.0795 | CD |
Asset Allocation
Top Holdings
top 32 of 32 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| IBN | ICICI BANK LTD-SPON ADR | 8.47% | Equity (Foreign) | IN |
| — | HDFC BANK LIMITED | 7.81% | Equity (Foreign) | IN |
| — | RELIANCE INDS-SPONS GDR 144A | 7.04% | Equity (Foreign) | IN |
| — | BHARTI AIRTEL LTD | 6.14% | Equity (Foreign) | IN |
| — | AXIS BANK LTD | 6.04% | Equity (Foreign) | IN |
| — | LARSEN & TOUBRO LTD | 4.41% | Equity (Foreign) | IN |
| INFY | INFOSYS LTD-SP ADR | 4.00% | Equity (Foreign) | IN |
| — | TITAN CO LTD | 3.99% | Equity (Foreign) | IN |
| — | ULTRATECH CEMENT LTD | 3.90% | Equity (Foreign) | IN |
| — | APOLLO HOSPITALS ENTERPRISE | 3.68% | Equity (Foreign) | IN |
| — | NTPC LTD | 3.35% | Equity (Foreign) | IN |
| — | CASH | 2.97% | Cash/Money Market | US |
| — | TATA CONSULTANCY SVCS LTD | 2.81% | Equity (Foreign) | IN |
| — | STEEL AUTHORITY OF INDIA | 2.65% | Equity (Foreign) | IN |
| — | PRESTIGE ESTATES PROJECTS | 2.60% | Equity (Foreign) | IN |
| — | ETERNAL LTD | 2.60% | Equity (Foreign) | IN |
| — | SBI LIFE INSURANCE CO LTD | 2.32% | Equity (Foreign) | IN |
| — | HINDUSTAN AERONAUTICS LTD | 2.26% | Equity (Foreign) | IN |
| — | INTERGLOBE AVIATION LTD | 2.16% | Equity (Foreign) | IN |
| — | EICHER MOTORS LTD | 2.07% | Equity (Foreign) | IN |
| — | SHRIRAM FINANCE LTD | 2.04% | Equity (Foreign) | IN |
| — | AVENUE SUPERMARTS LTD | 2.02% | Equity (Foreign) | IN |
| — | BHARAT PETROLEUM CORP LTD | 1.98% | Equity (Foreign) | IN |
| — | FSN E-COMMERCE VENTURES LTD | 1.93% | Equity (Foreign) | IN |
| — | ADANI PORTS AND SPECIAL ECON | 1.91% | Equity (Foreign) | IN |
| — | INDUSIND BANK LTD | 1.76% | Equity (Foreign) | IN |
| — | GO DIGIT GENERAL INSURANCE L | 1.73% | Equity (Foreign) | IN |
| — | MARUTI SUZUKI INDIA LTD | 1.67% | Equity (Foreign) | IN |
| — | CENTRAL DEPOSITORY SERVICES | 1.47% | Equity (Foreign) | IN |
| — | SOLAR INDUSTRIES INDIA LTD | 1.27% | Equity (Foreign) | IN |
| — | L&T FINANCE LTD | 0.94% | Equity (Foreign) | IN |
| — | OTHER PAYABLE & RECEIVABLES | -0.00% | Cash/Money Market | — |
Geographic Breakdown
Chart
Seasonality
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | 2.51% | -5.58% | -4.22% | -2.43% |
| Feb | -- | 1.13% | -5.81% | -1.02% | -1.90% |
| Mar | -- | -1.70% | 9.03% | -9.22% | -0.63% |
| Apr | -- | 0.06% | 6.10% | 5.90% | 4.02% |
| May | -- | 0.10% | 1.44% | -2.74% | -0.40% |
| Jun | -- | 2.69% | 2.26% | 4.03% | 2.99% |
| Jul | -- | 3.78% | -5.47% | 1.15% | -0.18% |
| Aug | 1.76% | 0.87% | -1.39% | -1.14% | 0.03% |
| Sep | -0.34% | 1.69% | -1.33% | -4.71% | -1.17% |
| Oct | -0.97% | -5.87% | 3.41% | 1.45%* | -0.49% |
| Nov | 5.68% | 0.24% | 0.84% | -- | 2.25% |
| Dec | 4.34% | -7.23% | -1.00% | -- | -1.30% |
| Total | 10.74% | -2.33% | 1.33% | -10.86% | -0.28% |
* Only 4 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $26.09
SMA 50: $26.71
SMA 200: $27.32
Current: $26.37
EMA 12: $26.25
EMA 26: $26.31
MACD: -0.0535 | Signal: 0.1185
BEARISH
ADX (14): 26.52
TREND
+DI: 54.03
−DI: 27.88
Momentum Oscillators
RSI (14): 50.93
NEUTRAL
Stoch %K: 48.65
Stoch %D: 61.50
Williams %R: -57.61
Volume & Volatility
BB Upper: $26.87
BB Lower: $25.31
NEUTRAL
OBV: -981,727
Vol SMA 20: 5,661
Vol ROC: -80.25%
ATR: $0.31
True Range: $0.07
HV 20: 17.4%
HV 30: 16.5%
HV 60: 14.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
BULLISH/BEARISH: NEUTRAL (6)
Key drivers:
- Strong technical signals, including a bullish MACD crossover
- Low volatility, indicating reduced risk
Primary risks:
- Overbought RSI reading
- Neutral news sentiment may not be supporting the stock price
Investment thesis: NDIA is in a neutral zone, with strong technical signals and low volatility. The recent news headlines have been neutral, which may not be driving the stock price. However, the bullish MACD crossover suggests that momentum could build if the stock can break above the upper Bollinger Band.
Recent news sentiment impact: Neutral news headlines have had little impact on the stock price, but the lack of significant market-moving events has allowed technical signals to take center stage.
Technical Analysis
Trend Direction: Short-term (1-4 weeks) - Uptrend, Medium-term (1-3 months) - Range, Long-term (3-12 months) - Uptrend
Support/Resistance Levels:
- SMA 20: $27.51
- SMA 50: $27.36
- Upper Bollinger Band: $27.81
Momentum Signals:
- RSI interpretation: Neutral (42.61)
- MACD signal: Bullish crossover
- Bollinger Bands position: Oversold
Volume Analysis: Volume trends are showing a decrease, indicating reduced institutional interest.
News & Sentiment Analysis
Recent Headlines Summary: All headlines were neutral, with no significant market-moving events or news that could have impacted the stock price.
Sentiment Assessment: Neutral sentiment from recent headlines is not supporting the stock price.
Catalyst Identification: No upcoming earnings dates, product launches, or regulatory changes are scheduled to impact the stock price in the near term.
Market Narrative: The neutral news sentiment and lack of significant market-moving events have allowed technical signals to take center stage.
Risk & Volatility Assessment
Beta Interpretation: Beta is low at 0.70, indicating reduced risk compared to the broader market.
Volatility Regime: Current volatility is low, with a Historical Volatility (HV20) reading of 12.0%.
Options Market Signals: No options data available.
Downside Protection: Support levels are present at $27.20 and $26.80, providing some downside protection.
Market Context & Positioning
Sector Performance: NDIA is outperforming its sector peers in the short term but underperforming in the medium to long term.
Institutional Activity: Institutional interest is waning, with volume trends showing a decrease.
Correlation Analysis: The stock has a low correlation of 0.55 with the broader market, indicating reduced risk.
Relative Valuation: NDIA is positioned within its trading range, with no significant valuations changes recently.
Key Levels & Action Items
Critical Price Levels:
- Support: $27.20 and $26.80
- Resistance: $27.51 (SMA 20) and $27.81 (Upper Bollinger Band)
Breakout/Breakdown Levels: None identified in the near term.
Time-Sensitive Catalysts: No earnings dates, product launches, or regulatory changes are scheduled to impact the stock price in the near term.
Risk Management: Stop-loss levels can be set at $26.80 and $26.20 for short-term trades.
Note: As there is no buy/sell advice provided in this report, please use your own discretion when making investment decisions based on this analysis.
Generated
News
All NDIA news →
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NDIA Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.7477
Alpha: -23.86%
Correlation: 0.5686
R-Squared: 32.3%
Stock Volatility: 16.8%
Market Volatility: 12.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
NDIA Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
NDIA Constituent Performance
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