A side-by-side comparison of First Trust India NIFTY 50 Equal Weight ETF (NFTY) and WisdomTree India Hedged Equity Fund (INDH) 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 | NFTY | INDH |
|---|---|---|
| YTD Return | -5.62% | -5.49%✓ |
| 1-Day Change | -0.88% | -0.15%✓ |
| 1-Week Change | -3.11% | -2.06%✓ |
| 1-Month Change | -6.56% | -5.69%✓ |
| Current Price | $50.55 | $36.95 |
| AUM | $102M✓ | $6M |
| MER (Expense Ratio) | 0.8% | — |
| Dividend Yield | 1.88% | — |
| Distribution Frequency | — | — |
| Inception Date | 2012-02-14 | 2024-05-07 |
| Holdings Count | 47 | 45 |
| MorningStar Rating | ★★★★ | — |
| Category | India Equity | India Equity |
| Beta | 0.63 | 0.00 |
| 52-Week High | $59.60 | $42.74 |
| 52-Week Low | $49.62 | $36.89 |
| 50-Day MA | $53.65 | $38.78 |
| 200-Day MA | $54.53 | $39.76 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | NFTY | INDH |
|---|---|---|
| YTD | -5.62% | -5.49%✓ |
| 1 Year | -8.06% | -6.78%✓ |
| 3 Year | +3.69% | — |
| 5 Year | +2.92% | — |
| 10 Year | +6.44% | — |
| 1Y Volatility | 15.90% | 12.31% |
| Sharpe Ratio (3Y) | 0.18 | — |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 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% |
| 1 | RELIANCE | Reliance Industries Limited | 8.30% |
| 2 | HDFCBANK | HDFC Bank Limited | 7.32% |
| 3 | ICICIBANK | ICICI Bank Limited | 6.94% |
| 4 | BHARTIARTL | Bharti Airtel Limited | 4.56% |
| 5 | INFY | Infosys Limited | 3.75% |
| 6 | M&M | Mahindra & Mahindra Limited | 3.09% |
| 7 | AXISBANK | Axis Bank Limited | 2.93% |
| 8 | LT | Larsen & Toubro Limited | 2.62% |
| 9 | SUNPHARMA | Sun Pharmaceutical Industries Limited | 2.14% |
| 10 | TCS | Tata Consultancy Services Limited | 2.10% |
Sector Weights
| Sector | NFTY | INDH |
|---|---|---|
| Basic Materials | 12.17% | 9.19% |
| Communication Services | 1.97% | 4.96% |
| Consumer Cyclicals | 16.70% | 14.05% |
| Consumer Defensive | 7.62% | 6.84% |
| Energy | 7.88% | 12.09% |
| Financial Services | 21.60% | 23.69% |
| Healthcare | 10.03% | 6.40% |
| Industrials | 7.82% | 7.54% |
| Real Estate | 0.00% | 0.44% |
| Technology | 10.43% | 9.63% |
| Utilities | 3.77% | 5.15% |
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.
About INDH
Under normal circumstances, the fund invests at least 80% of its net assets in the constituent securities of its index. WisdomTree, the index provider and parent company of WisdomTree Asset Management, Inc. has created the index to provide exposure to companies incorporated, listed, and traded in India, while at the same time "hedging" or neutralizing exposure to fluctuations in the value of the Indian rupee relative to the U.S. dollar. The fund is non-diversified.
Which ETF is Right for You?
Both NFTY and INDH are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
NFTY and INDH are closely matched on the metrics we track. The right choice depends on your individual investment goals, tax situation, and time horizon.
- 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 NFTY and INDH?
NFTY (First Trust India NIFTY 50 Equal Weight ETF) and INDH (WisdomTree India Hedged Equity Fund) are both Canadian-listed ETFs. Key differences include their AUM ($102M vs $6M), dividend yield (1.88% vs N/A), and year-to-date performance (-5.62% vs -5.49%).
Is NFTY better than INDH?
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 NFTY and INDH on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both NFTY and INDH should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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