IB57-Groww Nifty Metal ETF vs ICICI Prudential Nifty Metal ETF
Groww vs ICICI· Portfolio Overlap Analysis
99.8%High Overlap
15 common stocksRank #937 / 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 ICICI Prudential Nifty Metal E | 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% | 4.64% | 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 ICICI Prudential Nifty Metal E
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
- vs Mirae Asset Nifty Metal ETF99.8% · 15 stocks
More comparisons for ICICI Prudential Nifty Metal E
- vs Mirae Asset Nifty Metal ETF99.9% · 15 stocks
Overlap calculated on equity holdings only. Debt, government securities, and cash are excluded.