NFTY Alternatives & Similar ETFs

First Trust India NIFTY 50 Equal Weight ETF (NFTY) belongs to the Asia Pacific Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NFTY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NFTY

NFTY charges 0.80% annually. There are 49 ETFs in the Asia Pacific Equities category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
VPL	Vanguard FTSE Pacific ETF	0.08%	13.80B	Mar 2005	NFTY vs VPL
IPAC	iShares Core MSCI Pacific ETF	0.09%	2.65B	Jun 2014	NFTY vs IPAC
FLKR	Franklin FTSE South Korea ETF	0.09%	1.16B	Nov 2017	NFTY vs FLKR
FLAU	Franklin FTSE Australia ETF	0.09%	89.13M	Nov 2017	NFTY vs FLAU
BKEM	BNY Mellon Emerging Markets Equity ETF	0.11%	91.04M	Apr 2020	NFTY vs BKEM

Best Risk-Adjusted Alternatives to NFTY

NFTY has a PortfoliosLab risk / return rank of 5. There are 42 ETFs in the Asia Pacific Equities category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
FLTW	Franklin FTSE Taiwan ETF	94	3.09B	Nov 2017	NFTY vs FLTW
EWT	iShares MSCI Taiwan ETF	94	11.41B	Jun 2000	NFTY vs EWT
EWY	iShares MSCI South Korea ETF	93	26.26B	May 2000	NFTY vs EWY
FLKR	Franklin FTSE South Korea ETF	93	1.16B	Nov 2017	NFTY vs FLKR
MKOR	Matthews Korea Active ETF	92	159.67M	Oct 2010	NFTY vs MKOR

Top Performing NFTY Alternatives (YTD)

NFTY is at -6.42% YTD. There are 39 ETFs in the Asia Pacific Equities category with higher YTD returns, going as high as 102.90%.

Symbol	Name	YTD Return	AUM	Inception
EWY	iShares MSCI South Korea ETF	102.90%	26.26B	May 2000	NFTY vs EWY
FLKR	Franklin FTSE South Korea ETF	101.15%	1.16B	Nov 2017	NFTY vs FLKR
MKOR	Matthews Korea Active ETF	85.78%	159.67M	Oct 2010	NFTY vs MKOR
FLTW	Franklin FTSE Taiwan ETF	67.52%	3.09B	Nov 2017	NFTY vs FLTW
EWT	iShares MSCI Taiwan ETF	64.84%	11.41B	Jun 2000	NFTY vs EWT

Lowest Volatility Alternatives to NFTY

NFTY has 14.77% 1-year volatility. There are 6 ETFs in the Asia Pacific Equities category with lower 1-year volatility, going as low as 13.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
INDH	WisdomTree India Hedged Equity Fund	13.21%	5.89M	May 2024	NFTY vs INDH
DVYA	iShares Asia/Pacific Dividend ETF	13.34%	67.43M	Feb 2012	NFTY vs DVYA
ADIV	SmartETFs Asia Pacific Dividend Builder ETF	13.92%	54.80M	Mar 2021	NFTY vs ADIV
EWM	iShares MSCI Malaysia ETF	14.14%	331.79M	Mar 1996	NFTY vs EWM
ASEA	Global X FTSE Southeast Asia ETF	14.40%	96.37M	Feb 2011	NFTY vs ASEA

Lowest Drawdown Alternatives to NFTY

NFTY has a 1-year max drawdown of -16.14%. There are 33 ETFs in the Asia Pacific Equities category with shallower 1-year drawdowns, going as shallow as -7.82%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
EWS	iShares MSCI Singapore ETF	-7.82%	926.08M	Mar 1996	NFTY vs EWS
ASEA	Global X FTSE Southeast Asia ETF	-8.28%	96.37M	Feb 2011	NFTY vs ASEA
DVYA	iShares Asia/Pacific Dividend ETF	-8.64%	67.43M	Feb 2012	NFTY vs DVYA
EPP	iShares MSCI Pacific ex Japan ETF	-8.79%	2.05B	Oct 2001	NFTY vs EPP
BBAX	JPMorgan BetaBuilders Developed Asia ex-Japan ETF	-9.01%	6.36B	Aug 2018	NFTY vs BBAX

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 12 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	17	17.49%	13.59B	Jul 2015	NFTY vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.03%	11.60B	Nov 2009	NFTY vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	82	32.79%	11.14B	Mar 2014	NFTY vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	72	12.30%	9.22B	Mar 2006	NFTY vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	17	-8.71%	543.16M	Mar 2021	NFTY vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	109.64%	2.89B	Sep 2016	NFTY vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	49	18.03%	4.90B	Aug 2012	NFTY vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	79	35.74%	880.41M	Feb 2007	NFTY vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	30	5.77%	3.32B	Mar 2018	NFTY vs KNG
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	18	3.41%	784.37M	Feb 2018	NFTY vs ROBT

Often Compared With NFTY

Investors most often compare NFTY with SPY, INDY, TCS.NS. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	60	8.10%	765.27B	Jan 1993	NFTY vs SPY
INDY	iShares India 50 ETF	Emerging Markets Equities, Asia Pacific Equities	3	-11.13%	562.21M	Nov 2009	NFTY vs INDY
TCS.NS	Tata Consultancy Services Limited		2	-32.12%	—	—	NFTY vs TCS.NS
FLIN	Franklin FTSE India ETF	Asia Pacific Equities	5	-7.51%	2.55B	Feb 2018	NFTY vs FLIN
EPI	WisdomTree India Earnings Fund	Emerging Markets Equities, Asia Pacific Equities	5	-6.85%	2.20B	Feb 2008	NFTY vs EPI
QQQ	Invesco QQQ ETF	Nasdaq-100	59	15.95%	493.17B	Mar 1999	NFTY vs QQQ
^BSE500	S&P BSE-500		7	-6.06%	—	—	NFTY vs ^BSE500
SMIN	iShares MSCI India Small-Cap ETF	Asia Pacific Equities	7	0.41%	664.01M	Feb 2012	NFTY vs SMIN
^N225	Nikkei 225		96	40.54%	—	—	NFTY vs ^N225
XNIF.L	Xtrackers Nifty 50 Swap UCITS ETF 1C	Asia Pacific Equities	4	-11.03%	138.11M	Jul 2007	NFTY vs XNIF.L
XID.TO	iShares India Index ETF	Asia Pacific Equities	5	-7.66%	137.68M	Jan 2010	NFTY vs XID.TO
ZID.TO	BMO MSCI India ESG Leaders Index ETF	Asia Pacific Equities	3	-12.86%	182.61M	Jan 2010	NFTY vs ZID.TO
^NIFTY500	NIFTY 500 Index		8	-5.76%	—	—	NFTY vs ^NIFTY500
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	60	8.80%	2.30T	May 2001	NFTY vs VTI
RFEM	First Trust RiverFront Dynamic Emerging Markets ET...	Emerging Markets Equities	69	18.11%	81.21M	Jun 2016	NFTY vs RFEM
DMART.NS	Avenue Supermarts Limited		43	14.64%	—	—	NFTY vs DMART.NS
^NDX	NASDAQ 100 Index		70	15.72%	—	—	NFTY vs ^NDX
TATAMOTORS.NS	Tata Motors Limited		24	-4.02%	—	—	NFTY vs TATAMOTORS.NS
TITAN.NS	Titan Company Limited		72	6.72%	—	—	NFTY vs TITAN.NS
ASIANPAINT.NS	Asian Paints Limited		62	-2.85%	—	—	NFTY vs ASIANPAINT.NS

Compare NFTY with Any Fund or Stock

Compare NFTY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair NFTY with funds that move differently

First Trust India NIFTY 50 Equal Weight ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NFTY.

Explore NFTY Diversifiers

First Trust India NIFTY 50 Equal Weight ETF (NFTY) Alternatives