NFTY
First Trust India NIFTY 50 Equal Weight ETF
The First Trust India NIFTY 50 Equal Weight ETF tracks an index of the 50 largest and most liquid Indian equity securities, equally weighted.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 150.3 M
ASSETS UNDER MGMT
80 bp
EXPENSES
Fund Basics
| Inception date | Feb 14, 2012 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NTPC LIMITED | 2.5 % |
| COAL INDIA LTD | 2.4 % |
| OIL & NATURAL GAS CORP LTD | 2.4 % |
| MAX HEALTHCARE INSTITUTE LTD | 2.3 % |
| ASIAN PAINTS LTD | 2.2 % |
| ADANI ENTERPRISES LTD | 2.2 % |
| STATE BANK OF INDIA | 2.2 % |
| TATA STEEL LTD | 2.2 % |
| HINDUSTAN UNILEVER LIMITED | 2.2 % |
| SUN PHARMACEUTICAL INDUS | 2.2 % |
Constituent Breakdown
| Number of holdings | 52 |
| Herfindahl-Hirschman Index | 202 |
| Wgt avg mkt cap (mns) | $37,486 |
| Large cap (>$10bn) | 84.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 96.1% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
INDIA | 96.5 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.9% | 10.0% | 0.8% | 11.1% | 6.8% | 7.3% | -- | 4.5% |
| Dividend Yield | 0.0% | 0.0% | 0.8% | 0.6% | 1.9% | 1.9% | -- | 2.0% |
| Total Returns | -1.9% | 10.0% | 1.6% | 11.8% | 8.7% | 9.2% | -- | 6.5% | Ann. Volatility | 15.5% | 14.7% | 15.2% | 14.6% | 17.5% | 20.7% | -- | 20.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.36 | 22% |
| MSCI EAFE | 0.46 | 27% |
| MSCI Emg Mkts | 0.44 | 29% |
Liquidity Measures
| Avg. volume (000) | 36 |
| ADV traded (mns) | $2 |
| Turnover | 1.3% |
| Avg. Bid/Ask (% of price) | 0.64% |
Technical Indicators
| 30d moving avg. (EMA) | $55.13 |
| Relative strength (RSI) | 30 |
| MACD/Signal | -1.39/-1.08 |
| Bollinger Bands (Upper/Lower) | $58.99/$50.86 |
| Short interest (% of AUM) | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. NFTY |
Expenses vs. NFTY |
ALTAR Score™ vs. NFTY |
|---|---|---|---|---|
| INDY | iShares India 50 ETF | 57.6% | +9 bp | +0.0% |
| INDA | iShares MSCI India ETF | 46.0% | -15 bp | -0.5% |
| PIN | Invesco India ETF | 43.5% | -2 bp | -0.1% |
| EPI | WisdomTree India Earnings Fund | 41.6% | +5 bp | 0.0% |
| FLIN | Franklin FTSE India ETF | 40.8% | -61 bp | -1.0% |
| NDIA | Global X India Active ETF | 29.2% | -5 bp | +0.1% |
| RNEM | First Trust Emerging Markets Equity Select ETF | 27.3% | -5 bp | +3.3% |
| INCO | Columbia India Consumer ETF | 23.2% | -5 bp | -2.5% |
| XC | WisdomTree Emerging Markets Ex-China Fund | 20.5% | -48 bp | +1.8% |
| BKF | iShares MSCI BIC ETF | 18.9% | -11 bp | +10.0% |
Risk and Returns: NFTY vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/23/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.5%
ALTAR SCORE™
13rd
PERCENTILE
AVOID
ETFRC RATING
There are 193 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.1% and a standard deviation
of 2.4%. NFTY's ALTAR Score™ is approximately -1.1 standard
deviations above the category average. This places NFTY in the 13rd percentile
among funds in the category.
Sell-Side Consensus
$66.73
PRICE TARGET
+26.5%
UPSIDE
Bid/Ask Spreads
64 bp
AVG SPREAD
22 —
129 bp
RANGE