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Compare NDIA vs. GMVW
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the Global X India Nifty 50 ETF (NDIA) and the VanEck Geared Australian Equal Weight Complex ETF (GMVW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
NDIA | GMVW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 378 | 13 |
Median incremental investment | $952.06 | $1,075.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,348.80 | $2,798.60 |
Average age group | > 35 | 26 - 35 |
Key Summary
NDIA | GMVW | |
|---|---|---|
Strategy | The Global X India Nifty 50 ETF (NDIA) seeks to track the performance of the NSE Nifty50 Index before considering fees, expenses and taxes. | GMVW.AX was created on 2024-02-27 by VanEck. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 38.32m in AUM and 73 holdings. The Fund has a target gearing ratio of 45% to 60%. The gearing ratio may change due to factors such as market movements, applications, redemptions, borrowing costs, expected dividends or changes to the amount borrowed and any restrictions in borrowing agreements. |
Top 3 holdings | HDFC Bank Ltd (12.82 %) Reliance Industries Ltd (8.88 %) ICICI Bank Ltd (8.31 %) | VanEck Australian Equal Wt ETF (222.98 %) |
Top 3 industries | Financials (50.58 %) Energy (14.90 %) Information Technology (13.29 %) | |
Top 3 countries | India (100.00 %) | |
Management fee | 0.69 % | 0.35 % |
Key Summary
NDIA | GMVW | |
|---|---|---|
Issuer | ETFS | VanEck |
Tracking index | Nifty 50 Index - INR - Benchmark TR Net | |
Asset class | ETF | ETF |
Management fee | 0.69 % | 0.35 % |
Price | $73.09 | $39.82 |
Size | $209.950 million | $40.088 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.03 % | 4.72 % |
Market | ASX | ASX |
First listed date | 21/06/2019 | 28/02/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
NDIA | GMVW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 378 | 13 |
Median incremental investment | $952.06 | $1,075.00 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,348.80 | $2,798.60 |
Average age group | > 35 | 26 - 35 |
Pros and Cons
NDIA | GMVW | |
|---|---|---|
Pros |
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Cons |
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NDIA | GMVW |
|---|---|
Higher management fee | Lower management fee |
Higher price growth | Lower price growth |
Lower distribution yield | Higher distribution yield |