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NDIA - ETF AI Analysis
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Global X India Active ETF (NDIA)
Rating:60Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, like Bharti Airtel and HDFC Bank, have shown strong year-to-date performance, supporting the fund’s returns.
India-Focused Growth
The ETF’s heavy exposure to India taps into a growing economy with strong potential for long-term expansion.
Sector Diversification
The fund spreads investments across multiple sectors, reducing the impact of downturns in any single industry.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee compared to passive funds, which could eat into investor returns over time.
Underperforming Tech Holdings
Major technology stocks like Infosys and Tata Consultancy Services have lagged, dragging on overall performance.
Limited Geographic Exposure
The fund is heavily concentrated in India, with minimal exposure to other global markets, increasing vulnerability to local economic risks.
NDIA vs. SPDR S&P 500 ETF (SPY)
AUM55.43M
RegionAsia-Pacific
Expense Ratio0.76%
Beta0.39
IssuerGlobal X
Inception DateAug 17, 2023
Dividend Yield1.1%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7,661
30 Day Avg. Volume5,720
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
33.11Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering29
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NDIA Summary
The Global X India Active ETF (NDIA) is an investment fund that focuses on India's growing economy by including a mix of large, mid, and small-sized companies across various industries. It holds well-known companies like HDFC Bank and Infosys, giving investors exposure to financial and technology sectors, among others. This ETF is a good option for those looking to diversify their portfolio and tap into India's economic growth potential. However, new investors should be aware that its performance can be affected by fluctuations in the Indian market, which may lead to ups and downs in value.
How much will it cost me?The Global X India Active ETF (NDIA) has an expense ratio of 0.76%, meaning you’ll pay $7.60 per year for every $1,000 invested. This is higher than average because it is actively managed, which involves more research and adjustments compared to passively managed funds that track an index.
What would affect this ETF?The Global X India Active ETF (NDIA) could benefit from India's strong economic growth, increasing consumer demand, and advancements in technology, which align with its exposure to financial, technology, and consumer sectors. However, potential risks include regulatory changes in India, global economic slowdowns, or rising interest rates, which could negatively impact sectors like financials and real estate. Active management and diversification across sectors may help mitigate some of these risks.
NDIA Top 10 Holdings
The Global X India Active ETF (NDIA) leans heavily on financials, with HDFC Bank and ICICI Bank leading the charge. While HDFC Bank has shown steady growth, ICICI Bank’s recent performance has been mixed, holding back the fund slightly. Technology stocks like Infosys are rising, providing a bright spot, while Tata Consultancy Services struggles to regain momentum. Consumer-focused names like Bharti Airtel add a spark with strong gains, but industrials such as Larsen & Toubro offer steady support. Overall, the fund’s concentration in financials and tech highlights its focus on India’s economic growth drivers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HDFC Bank Limited | 8.50% | $4.71M | ₹14.44T | 13.29% | 79 Outperform | |
| Icici Bank | 7.57% | $4.20M | $111.19B | 9.82% | 63 Neutral | |
| Axis Bank Limited | 5.42% | $3.00M | ₹3.95T | 22.21% | 76 Outperform | |
| Bharti Airtel Limited | 5.39% | $2.99M | ₹11.55T | 25.52% | 73 Outperform | |
| Infosys | 4.99% | $2.77M | $74.32B | -20.53% | 76 Outperform | |
| Larsen & Toubro Limited | 4.30% | $2.38M | ₹5.54T | 13.90% | 78 Outperform | |
| Tata Consultancy Services Limited | 3.97% | $2.20M | ₹11.61T | -24.79% | 80 Outperform | |
| UltraTech Cement Limited | 3.49% | $1.94M | ₹3.52T | 9.99% | 68 Neutral | |
| United Spirits Limited | 3.37% | $1.87M | ₹967.23B | -13.57% | 73 Outperform | |
| Titan Company Limited | 3.31% | $1.84M | ₹3.73T | 22.20% | 69 Neutral |
NDIA Technical Analysis
Positive
―
Price Trends
29.66
Positive
29.35
Positive
29.24
Positive
Market Momentum
0.10
Negative
51.69
Neutral
51.34
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NDIA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 29.64, equal to the 50-day MA of 29.66, and equal to the 200-day MA of 29.24, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 51.69 is Neutral, neither overbought nor oversold. The STOCH value of 51.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NDIA.
NDIA Peer Comparison
Comparison Results
Performance Comparison
NDIA
Global X India Active ETF
29.76
2.51
9.21%
JPY
Lazard Japanese Equity ETF
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JAPN
Horizon Kinetics Japan Owner Operator ETF
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RAYJ
Rayliant SMDAM Japan Equity ETF
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―
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INDE
Matthews India Active ETF
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JPAN
Matthews Japan Active ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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