IB57-Groww Nifty Metal ETF vs Mirae Asset Nifty Metal ETF
Groww vs Mirae· Portfolio Overlap Analysis
99.8%High Overlap
15 common stocksRank #938 / 5,000
Investor takeaway: These funds overlap 99.8%. Holding both gives you almost no extra diversification. You are effectively paying two expense ratios for the same portfolio core.
Common Holdings (15)
| Stock | Wt% in IB57-Groww Nifty Metal ETF | Wt% in Mirae Asset Nifty Metal ETF | Overlap |
|---|---|---|---|
Tata Steel Limited Ferrous Metals | 20.05% | 20.07% | 20.05% |
Hindalco Industries Limited Non - Ferrous Metals | 15.28% | 15.30% | 15.28% |
Vedanta Limited Diversified Metals | 13.92% | 13.94% | 13.92% |
JSW Steel Limited Ferrous Metals | 13.57% | 13.59% | 13.57% |
Adani Enterprises Limited Metals & Minerals Trading | 6.43% | 6.44% | 6.43% |
Jindal Steel & Power Limited Ferrous Metals | 5.31% | 5.32% | 5.31% |
APL Apollo Tubes Limited Industrial Products | 4.64% | 4.65% | 4.64% |
National Aluminium Company Limited Non - Ferrous Metals | 3.63% | 3.64% | 3.63% |
NMDC Limited Minerals & Mining | 3.23% | 3.23% | 3.23% |
Hindustan Zinc Limited Non - Ferrous Metals | 2.99% | 2.99% | 2.99% |
Jindal Stainless Limited Ferrous Metals | 2.83% | 2.84% | 2.83% |
Steel Authority of India Limited Ferrous Metals | 2.74% | 2.74% | 2.74% |
Hindustan Copper Limited Non - Ferrous Metals | 2.12% | 2.13% | 2.12% |
Lloyds Metals And Energy Limited Minerals & Mining | 1.82% | 1.83% | 1.82% |
WELSPUN CORP LTD Industrial Products | 1.23% | 1.23% | 1.23% |
Unique to IB57-Groww Nifty Metal ETF
All top holdings are shared with the other fund.
Unique to Mirae Asset Nifty Metal ETF
All top holdings are shared with the other fund.
Sector Overlap Breakdown
Ferrous Metals44.5% (5)
Non - Ferrous Metals24.0% (4)
Diversified Metals13.9% (1)
Metals & Minerals Trading6.4% (1)
Industrial Products5.9% (2)
Minerals & Mining5.0% (2)
More comparisons for IB57-Groww Nifty Metal ETF
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Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.