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NDIA - ETF AI Analysis
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Global X India Active ETF (NDIA)
Rating:60Neutral
Price Target:―
Positive Factors
Broad Sector Spread
The fund is spread across many sectors, which helps reduce the impact if any single industry in India struggles.
Exposure to Major Indian Leaders
Top holdings include large, well-known Indian companies in banking, technology, and consumer businesses, giving investors access to key players in India’s economy.
Meaningful U.S. Allocation
A smaller but noticeable allocation to U.S. stocks adds some geographic balance to the mainly India-focused portfolio.
Negative Factors
High Expense Ratio
The fund’s ongoing fee is relatively high for an ETF, which can eat into long-term returns.
Recent Weak Performance
The ETF has shown weak returns over the past month, three months, and year to date, signaling recent performance challenges.
Concentration in Financials and India
A large share of assets is tied to Indian financial stocks and the Indian market overall, increasing sensitivity to downturns in that sector and country.
NDIA vs. SPDR S&P 500 ETF (SPY)
AUM56.28M
RegionAsia-Pacific
Expense Ratio0.76%
Beta0.40
IssuerGlobal X
Inception DateAug 17, 2023
Dividend Yield1.14%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7,286
30 Day Avg. Volume5,195
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
33.10Price Target Upside― Downside
Rating ConsensusModerate Buy
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 actively managed fund that invests across India’s total stock market, aiming to benefit from the country’s long-term economic growth. It holds a mix of large, mid, and small companies in many sectors, with a big focus on financials. Well-known holdings include HDFC Bank and Infosys. Someone might invest in NDIA to add international diversification and tap into the growth potential of India’s economy. A key risk is that it is heavily tied to the Indian market, so its price can rise or fall sharply with changes in India’s economy and markets.
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
NDIA is leaning heavily on India’s big private banks, with HDFC Bank and ICICI Bank acting more like brakes than engines lately as their shares have been lagging. Axis Bank is one of the few financial names giving the fund a lift, while Titan and UltraTech Cement add some welcome spark from consumer and industrial pockets. On the flip side, Infosys and TCS have seen mixed momentum, keeping tech from fully pulling its weight. With all holdings in India, the ETF is a focused bet on the country’s financial and growth story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HDFC Bank Limited | 8.49% | $4.78M | ₹14.30T | 9.38% | 79 Outperform | |
| Icici Bank | 7.45% | $4.19M | $105.39B | 2.16% | 63 Neutral | |
| Axis Bank Limited | 5.79% | $3.26M | ₹4.26T | 38.91% | 76 Outperform | |
| Bharti Airtel Limited | 5.19% | $2.92M | ₹11.22T | 20.98% | 73 Outperform | |
| Infosys | 5.10% | $2.87M | $74.11B | -19.91% | 76 Outperform | |
| Larsen & Toubro Limited | 4.24% | $2.38M | ₹5.41T | 10.27% | 78 Outperform | |
| Tata Consultancy Services Limited | 3.95% | $2.22M | ₹11.31T | -23.95% | 80 Outperform | |
| UltraTech Cement Limited | 3.72% | $2.10M | ₹3.74T | 10.40% | 68 Neutral | |
| United Spirits Limited | 3.35% | $1.89M | ₹991.63B | -4.14% | 73 Outperform | |
| NTPC Limited | 3.15% | $1.77M | ₹3.45T | 9.73% | 73 Outperform |
NDIA Technical Analysis
Negative
―
Price Trends
29.43
Negative
29.34
Negative
29.35
Negative
Market Momentum
-0.30
Positive
41.49
Neutral
43.48
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NDIA, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 29.17, equal to the 50-day MA of 29.43, and equal to the 200-day MA of 29.35, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 41.49 is Neutral, neither overbought nor oversold. The STOCH value of 43.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NDIA.
NDIA Peer Comparison
Comparison Results
Performance Comparison
NDIA
Global X India Active ETF
28.68
1.42
5.21%
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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―
―
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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