NDIA vs. PIN ETF Comparison
Comparison of Global X India Active ETF (NDIA) to PowerShares India Portfolio (PIN)
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
$31.56
Average Daily Volume
7,268
3
PIN
PowerShares India Portfolio
PIN Description
The PowerShares India Portfolio (Fund) is based on the Indus India Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American depositary receipts based on the securities in the Index. The Index is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two major Indian exchanges. The India Index has 50 constituents, spread among the following sectors: Information Technology, Health Services, Financial Services, Heavy Industry, Consumer Products and Other. The India Index is supervised by an index committee, comprised of representatives of the Index Provider and members of academia specializing in emerging markets. The Fund and the Index are rebalanced and reconstituted quarterly in January, April, July and October.Grade (RS Rating)
Last Trade
$29.67
Average Daily Volume
48,394
3
Performance
Period | NDIA | PIN |
---|---|---|
30 Days | 4.46% | 3.81% |
60 Days | 7.82% | 8.28% |
90 Days | 8.70% | 10.30% |
12 Months | 31.19% |
NDIA Overweight 1 Positions Relative to PIN
Symbol | Grade | Weight | |
---|---|---|---|
INFY | B | 5.54% |
NDIA Underweight 1 Positions Relative to PIN
Symbol | Grade | Weight | |
---|---|---|---|
WIT | A | -0.55% |
NDIA: Top Represented Industries & Keywords
PIN: Top Represented Industries & Keywords