Global X India Active ETF logo

Global X India Active ETF (NDIA)

Market Closed
12 Dec, 20:00
ARCA ARCA
$
29. 56
-0.2
-0.67%
$
49.46M Market Cap
0.32% Div Yield
2,620 Volume
$ 29.76
Previous Close
Day Range
29.56 29.68
Year Range
25.69 31.93
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Summary

NDIA closed today lower at $29.56, a decrease of 0.67% from yesterday's close, completing a monthly decrease of -0.81% or $0.24. Over the past 12 months, NDIA stock gained 0.92%.
NDIA pays dividends to its shareholders, with the most recent payment made on Jan 07, 2025. The next estimated payment will be in 11 months ago on Jan 07, 2025 for a total of $1.051.
The stock of the company had never split.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on ARCA (USD).

NDIA Chart

NDIA Vs. INDE: Which Is The Better Actively Managed Indian ETF?

NDIA Vs. INDE: Which Is The Better Actively Managed Indian ETF?

NDIA and INDE, with listing histories of less than 2 years, offer a bottom-up stock selection approach at passive ETF-level costs. NDIA focuses on a smaller pool of mainly giant-cap stocks, while INDE provides broader exposure, including mid, small, and micro-caps, but with higher turnover and costs. NDIA stands out with a slightly lower expense ratio, more attractive valuation, and a superior risk-adjusted return track record since inception compared to INDE.

Seekingalpha | 6 months ago

Global X India Active ETF (NDIA) FAQ

What is the stock price today?

The current price is $29.56.

On which exchange is it traded?

Global X India Active ETF is listed on ARCA.

What is its stock symbol?

The ticker symbol is NDIA.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.32%.

What is its market cap?

As of today, the market cap is 49.46M.

Has Global X India Active ETF ever had a stock split?

No, there has never been a stock split.

Global X India Active ETF Profile

ARCA Exchange
US Country

Overview

The fund operated by Global X Management Company LLC is designed as an actively managed exchange-traded fund (ETF) focusing on investment opportunities tied to India. It aims to meet its investment objective by dedicating at least 80% of its net assets, in addition to any borrowing for investment purposes, into equity securities of issuers that are either domiciled in India or have significant economic connections to India. This strategic move underscores the fund's concentrated interest in tapping into the economic potential of the Indian market, reflecting a targeted investment philosophy rather than a diversified approach. The initiative to focus on India presents a unique opportunity for investors to engage with the rapidly growing Indian market through a structured investment vehicle.

Products and Services

  • Actively Managed ETFs:

    The cornerstone of their offerings is active management of ETFs that aim to outperform traditional benchmark indices. This approach leverages the expertise of the Global X Management Company LLC's investment team, focusing on generating superior returns through meticulous market analysis, stock selection, and timely investment decisions. The fund's strategy involves investing in equity securities of companies domiciled in India or those significantly tied to the Indian economy, capitalizing on the growth dynamics and market opportunities unique to the region.

  • Equity Securities Investment:

    At the heart of their product lineup is the investment in equity securities of issuers either based in India or with substantial economic ties to India. This product and service offering is designed to capture the growth and dynamism of the Indian market, providing investors with exposure to a broad spectrum of industries within this emerging market. The strategic focus on Indian equity securities aims to leverage the economic evolution and market trends characteristic of the Indian economy, offering the potential for high growth and returns on investment.

Contact Information

Address: -
Phone: 1 8884938631