A side-by-side comparison of Pacer ActiveAlpha India Quality ETF (INDQ) and First Trust India NIFTY 50 Equal Weight ETF (NFTY) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | INDQ | NFTY |
|---|---|---|
| YTD Return | -7.42% | -5.62%✓ |
| 1-Day Change | -1.09% | -0.88%✓ |
| 1-Week Change | -3.75% | -3.11%✓ |
| 1-Month Change | -6.43% | -6.56%✓ |
| Current Price | $24.61 | $50.55 |
| AUM | $1M | $102M✓ |
| MER (Expense Ratio) | — | 0.8% |
| Dividend Yield | — | 1.88% |
| Distribution Frequency | — | — |
| Inception Date | 2026-04-01 | 2012-02-14 |
| Holdings Count | 27 | 47 |
| MorningStar Rating | — | ★★★★ |
| Category | India Equity | India Equity |
| Beta | 0.00 | 0.63 |
| 52-Week High | $27.73 | $59.60 |
| 52-Week Low | $24.61 | $49.62 |
| 50-Day MA | $26.17 | $53.65 |
| 200-Day MA | $26.31 | $54.53 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | INDQ | NFTY |
|---|---|---|
| YTD | -7.42% | -5.62%✓ |
| 1 Year | — | -8.06% |
| 3 Year | — | +3.69% |
| 5 Year | — | +2.92% |
| 10 Year | — | +6.44% |
| 1Y Volatility | — | 15.90% |
| Sharpe Ratio (3Y) | — | 0.18 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | TITAN | Titan Company Limited | 5.69% |
| 2 | EICHERMOT | Eicher Motors Limited | 5.12% |
| 3 | HEROMOTOCO | HERO MOTOCORP LTD. | 5.04% |
| 4 | LALPATHLAB | Dr. Lal Path Labs Ltd. | 4.24% |
| 5 | NATIONALUM | National Aluminium Company Limited | 4.16% |
| 6 | ASTRAL | Astral Limited | 4.11% |
| 7 | INFRATEL | Indus Towers Limited | 4.07% |
| 8 | RNAM | Nippon Life India Asset Management Limited | 3.81% |
| 9 | MAHABANK | Bank of Maharashtra | 3.66% |
| 10 | ZENTEC | Zen Technologies Limited | 3.57% |
| 1 | ZOMATO | Zomato Limited | 2.66% |
| 2 | BAJAJ-AUTO | Bajaj Auto Limited | 2.33% |
| 3 | HCLTECH | HCL Technologies Limited | 2.32% |
| 4 | TITAN | Titan Company Limited | 2.30% |
| 5 | TECHM | Tech Mahindra Limited | 2.18% |
| 6 | APOLLOHOSP | Apollo Hospitals Enterprise Limited | 2.13% |
| 7 | JSWSTEEL | JSW Steel Limited | 2.12% |
| 8 | GRASIM | Grasim Industries Limited | 2.08% |
| 9 | BAJAJFINSV | Bajaj Finserv Limited | 2.03% |
| 10 | TCS | Tata Consultancy Services Limited | 2.02% |
Sector Weights
| Sector | INDQ | NFTY |
|---|---|---|
| Basic Materials | 13.08% | 12.17% |
| Communication Services | 4.21% | 1.97% |
| Consumer Cyclicals | 21.77% | 16.70% |
| Consumer Defensive | 11.38% | 7.62% |
| Energy | 2.66% | 7.88% |
| Financial Services | 13.64% | 21.60% |
| Healthcare | 17.00% | 10.03% |
| Industrials | 16.27% | 7.82% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 10.43% |
| Utilities | 0.00% | 3.77% |
About INDQ
Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in equity securities of Indian companies. The index uses an objective, rules-based methodology to provide exposure to high quality companies in India. It is non-diversified.
About NFTY
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to track the performance of the 50 largest and most liquid Indian securities listed on the National Stock Exchange of India (NSE) by investing in all of the components of the NIFTY 50.
Which ETF is Right for You?
Both INDQ and NFTY are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, NFTY scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between INDQ and NFTY?
INDQ (Pacer ActiveAlpha India Quality ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both Canadian-listed ETFs. Key differences include their AUM ($1M vs $102M), dividend yield (N/A vs 1.88%), and year-to-date performance (-7.42% vs -5.62%).
Is INDQ better than NFTY?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy INDQ and NFTY on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both INDQ and NFTY should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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