NDIA vs. IPO ETF Comparison
Comparison of Global X India Active ETF (NDIA) to Renaissance IPO ETF (IPO)
NDIA
Global X India Active ETF
NDIA Description
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in India; and/or (ii) that are tied economically to India. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$30.25
Average Daily Volume
4,604
3
IPO
Renaissance IPO ETF
IPO Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$44.70
Average Daily Volume
26,438
17
Performance
| Period | NDIA | IPO |
|---|---|---|
| 30 Days | -4.31% | 0.75% |
| 60 Days | -9.55% | 4.16% |
| 90 Days | -6.16% | 8.87% |
| 12 Months | 15.78% | 33.46% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NDIA | Weight in IPO | Overlap |
|---|
NDIA: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords
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