NDIA - ETF AI Analysis
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Global X India Active ETF (NDIA)
NDIA, the Global X India Active ETF, has a solid overall rating driven mainly by high-quality Indian financial and infrastructure names like HDFC Bank, Axis Bank, Larsen & Toubro, and Infosys, which show strong revenue growth, profitability, and generally supportive technical trends. Some holdings such as Apollo Hospitals, UltraTech Cement, and Titan face risks from possible overvaluation, weaker short-term technical signals, or low dividend yields, which slightly weigh on the fund’s appeal. The main risk factor is its heavy tilt toward a few large Indian financial and corporate names, meaning performance is closely tied to conditions in India’s banking and broader corporate sector.
NDIA vs. SPDR S&P 500 ETF (SPY)
- AUM
- 50.42M
- Region
- Asia-Pacific
- Expense Ratio
- 0.75%
- Beta
- 0.49
- Issuer
- Global X
- Inception Date
- Aug 17, 2023
- Dividend Yield
- 1.23%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
NDIA Summary
Global X India Active ETF (NDIA) is an actively managed fund that focuses on the broad Indian stock market, aiming to benefit from the country’s long-term economic growth. It invests in a wide mix of companies, including major banks and tech firms, such as ICICI Bank, HDFC Bank, and Infosys. This ETF may appeal to investors who want international diversification and exposure to a fast-growing economy without picking individual Indian stocks. However, it is heavily tied to the performance of India’s market, so its value can rise or fall sharply with economic and political changes there.
How much will it cost me?
This ETF has an expense ratio of 0.75%, which means you’ll pay about $7.50 per year for every $1,000 you invest. That’s higher than the average ETF because it’s actively managed, with professionals choosing and adjusting the investments rather than simply tracking an index.
What would affect this ETF?
NDIA could benefit if India’s economy continues to grow, supporting its broad mix of sectors and major banks and technology firms, and if global investors keep increasing allocations to Asia-Pacific markets. On the downside, higher interest rates, weaker economic growth in India, or new local regulations affecting financials and large domestic companies could hurt the fund’s performance, and active management may lag if stock selection or sector shifts don’t work out as expected.
NDIA Top 10 Holdings
NDIA leans heavily into India’s big banks, with ICICI Bank acting as a quiet stabilizer while HDFC Bank and Axis Bank have been lagging and occasionally pulling on the fund’s brakes. Outside finance, Bharti Airtel has been one of the brighter spots recently, helping offset weakness in industrial names like Larsen & Toubro and UltraTech Cement, which have seen more mixed momentum. Infosys adds a tech flavor but has been losing steam over the year, leaving the ETF clearly India-focused and tilted toward domestic financials and large, established corporates.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 IBN | Icici Bank | 8.38% | $4.23M | $105.47B | -4.17% | 63Neutral |
 IN:HDFCBANK | HDFC Bank Limited | 7.52% | $3.79M | INR 10.68T | -30.64% | 79Outperform |
 IN:BHARTIARTL | Bharti Airtel Limited | 6.36% | $3.21M | INR 12.29T | -4.65% | 73Outperform |
 IN:AXISBANK | Axis Bank Limited | 6.06% | $3.06M | INR 3.78T | -1.93% | 76Outperform |
 IN:LT | Larsen & Toubro Limited | 4.63% | $2.34M | INR 5.31T | -3.25% | 78Outperform |
 IN:ULTRACEMCO | UltraTech Cement Limited | 4.00% | $2.02M | INR 3.25T | -8.31% | 68Neutral |
 IN:TITAN | Titan Company Limited | 4.02% | $2.03M | INR 3.95T | 18.57% | 69Neutral |
 IN:APOLLOHOSP | Apollo Hospitals Enterprise Limited | 3.95% | $1.99M | INR 1.21T | 7.86% | 66Neutral |
 INFY | Infosys | 3.84% | $1.94M | $50.54B | -24.58% | 76Outperform |
 IN:NTPC | NTPC Limited | 3.41% | $1.72M | INR 3.06T | -8.43% | 73Outperform |
NDIA Technical Analysis
Price Trends
Market Momentum
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 26.60 is above the 20-day moving average (MA) of 26.09, above the 50-day MA of 26.55, and below the 200-day MA of 27.22, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 55.94 is Neutral, neither overbought nor oversold. The STOCH value of 23.20 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
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| NDIA | $26.60 | $28.00(5.28% Upside) | $50.42M | 0.75% | 60Neutral |
 SMTJ | $22.78 | $30.04(31.89% Upside) | $83.88M | 0.86% | 61Neutral |
 JPY | $37.56 | $47.57(26.67% Upside) | $83.95M | 0.60% | 70Outperform |
 JAPN | $25.65 | ― | $24.94M | 0.85% | 62Neutral |
 JPAN | $41.37 | $52.79(27.63% Upside) | $11.73M | 0.79% | 67Neutral |
 INDZ | $23.52 | ― | $5.14M | 0.75% | 64Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| NDIA | Global X India Active ETF | 26.60 | -3.09 | -10.42% | |
| SMTJ | Synera Funds Takumi+ ETF | 22.77 | -2.08 | -8.35% | |
| JPY | Lazard Japanese Equity ETF | 37.56 | 5.95 | 18.83% | |
| JAPN | Horizon Kinetics Japan Owner Operator ETF | 25.65 | -1.62 | -5.95% | |
| JPAN | Matthews Japan Active ETF | 41.37 | 5.40 | 15.02% | |
| INDZ | VanEck India Select ETF | 23.52 | -1.01 | -4.12% |
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.