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 48 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%	13.10B	Mar 2005	NFTY vs VPL
FLKR	Franklin FTSE South Korea ETF	0.09%	1.06B	Nov 2017	NFTY vs FLKR
FLAU	Franklin FTSE Australia ETF	0.09%	85.75M	Nov 2017	NFTY vs FLAU
IPAC	iShares Core MSCI Pacific ETF	0.09%	2.59B	Jun 2014	NFTY vs IPAC
BKEM	BNY Mellon Emerging Markets Equity ETF	0.11%	89.35M	Apr 2020	NFTY vs BKEM

Best Risk-Adjusted Alternatives to NFTY

NFTY has a PortfoliosLab risk / return rank of 3. There are 41 ETFs in the Asia Pacific Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
EWY	iShares MSCI South Korea ETF	96	24.14B	May 2000	NFTY vs EWY
FLKR	Franklin FTSE South Korea ETF	96	1.06B	Nov 2017	NFTY vs FLKR
FLTW	Franklin FTSE Taiwan ETF	96	2.77B	Nov 2017	NFTY vs FLTW
MKOR	Matthews Korea Active ETF	96	149.29M	Oct 2010	NFTY vs MKOR
EWT	iShares MSCI Taiwan ETF	95	10.75B	Jun 2000	NFTY vs EWT

Top Performing NFTY Alternatives (YTD)

NFTY is at -9.70% YTD. There are 42 ETFs in the Asia Pacific Equities category with higher YTD returns, going as high as 119.05%.

Symbol	Name	YTD Return	AUM	Inception
EWY	iShares MSCI South Korea ETF	119.05%	24.14B	May 2000	NFTY vs EWY
FLKR	Franklin FTSE South Korea ETF	114.41%	1.06B	Nov 2017	NFTY vs FLKR
MKOR	Matthews Korea Active ETF	96.84%	149.29M	Oct 2010	NFTY vs MKOR
FLTW	Franklin FTSE Taiwan ETF	73.16%	2.77B	Nov 2017	NFTY vs FLTW
EWT	iShares MSCI Taiwan ETF	68.27%	10.75B	Jun 2000	NFTY vs EWT

Lowest Volatility Alternatives to NFTY

NFTY has 14.72% 1-year volatility. There are 10 ETFs in the Asia Pacific Equities category with lower 1-year volatility, going as low as 12.93%.

Symbol	Name	Volatility 1Y	AUM	Inception
INDH	WisdomTree India Hedged Equity Fund	12.93%	5.84M	May 2024	NFTY vs INDH
DVYA	iShares Asia/Pacific Dividend ETF	13.00%	70.45M	Feb 2012	NFTY vs DVYA
EEMV	iShares MSCI Emerging Markets Min Vol Factor ETF	13.06%	3.70B	Oct 2011	NFTY vs EEMV
ADIV	SmartETFs Asia Pacific Dividend Builder ETF	13.49%	54.80M	Mar 2021	NFTY vs ADIV
EWM	iShares MSCI Malaysia ETF	13.99%	366.18M	Mar 1996	NFTY vs EWM

Lowest Drawdown Alternatives to NFTY

NFTY has a 1-year max drawdown of -16.14%. There are 32 ETFs in the Asia Pacific Equities category with shallower 1-year drawdowns, going as shallow as -7.81%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
EWH	iShares MSCI Hong Kong ETF	-7.81%	1.09B	Mar 1996	NFTY vs EWH
EWS	iShares MSCI Singapore ETF	-7.82%	782.66M	Mar 1996	NFTY vs EWS
EWM	iShares MSCI Malaysia ETF	-7.86%	366.18M	Mar 1996	NFTY vs EWM
ASEA	Global X FTSE Southeast Asia ETF	-8.28%	97.23M	Feb 2011	NFTY vs ASEA
DVYA	iShares Asia/Pacific Dividend ETF	-8.64%	70.45M	Feb 2012	NFTY vs DVYA

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 11 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	Technology Equities, Cybersecurity	26	28.52%	13.68B	Jul 2015	NFTY vs CIBR
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	79	28.91%	11.29B	Nov 2009	NFTY vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	78	31.77%	10.62B	Mar 2014	NFTY vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	70	13.33%	7.39B	Mar 2006	NFTY vs FDL
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	28	1.69%	591.41M	Mar 2021	NFTY vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	97	115.70%	2.52B	Sep 2016	NFTY vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	83	30.57%	4.66B	Aug 2012	NFTY vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	20	2.20%	3.28B	Mar 2018	NFTY vs KNG
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	89	52.94%	895.30M	Feb 2007	NFTY vs QCLN
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	32	14.22%	763.61M	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	70	10.91%	781.00B	Jan 1993	NFTY vs SPY
INDY	iShares India 50 ETF	Asia Pacific Equities	1	-15.38%	560.36M	Nov 2009	NFTY vs INDY
TCS.NS	Tata Consultancy Services Limited		3	-27.85%	—	—	NFTY vs TCS.NS
FLIN	Franklin FTSE India ETF	Asia Pacific Equities	2	-11.92%	2.53B	Feb 2018	NFTY vs FLIN
EPI	WisdomTree India Earnings Fund	Asia Pacific Equities	3	-10.02%	2.13B	Feb 2008	NFTY vs EPI
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	NFTY vs QQQ
^BSE500	S&P BSE-500		6	-6.96%	—	—	NFTY vs ^BSE500
SMIN	iShares MSCI India Small-Cap ETF	Asia Pacific Equities	4	-5.91%	638.73M	Feb 2012	NFTY vs SMIN
^N225	Nikkei 225		96	33.76%	—	—	NFTY vs ^N225
XNIF.L	Xtrackers Nifty 50 Swap UCITS ETF 1C	Asia Pacific Equities	2	-17.14%	134.48M	Jul 2007	NFTY vs XNIF.L
XID.TO	iShares India Index ETF	Asia Pacific Equities	2	-14.17%	131.65M	Jan 2010	NFTY vs XID.TO
ZID.TO	BMO MSCI India ESG Leaders Index ETF	Asia Pacific Equities	2	-18.18%	172.52M	Jan 2010	NFTY vs ZID.TO
^NIFTY500	Nifty 500		9	-5.95%	—	—	NFTY vs ^NIFTY500
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	68	11.20%	2.20T	May 2001	NFTY vs VTI
RFEM	First Trust RiverFront Dynamic Emerging Markets ET...	Emerging Markets Equities	81	21.66%	80.87M	Jun 2016	NFTY vs RFEM
DMART.NS	Avenue Supermarts Limited		41	10.21%	—	—	NFTY vs DMART.NS
^NDX	NASDAQ 100 Index		81	21.07%	—	—	NFTY vs ^NDX
TATAMOTORS.NS	Tata Motors Limited		—	—	—	—	NFTY vs TATAMOTORS.NS
TITAN.NS	Titan Company Limited		63	0.92%	—	—	NFTY vs TITAN.NS
ASIANPAINT.NS	Asian Paints Limited		60	-3.87%	—	—	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