NXTG vs. NFTY

Last updated Aug 2, 2026

NXTG (First Trust IndXX NextG ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - NXTG is a Technology Equities fund tracking the Indxx 5G & NextG Thematic Index, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. Both are passively managed. Over the past 10 years, NXTG returned 15.78%/yr vs 7.50%/yr for NFTY. Their 0.36 correlation means their historical movements had little consistent relationship. NXTG charges 0.70%/yr vs 0.80%/yr for NFTY.

Performance

NXTG vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust IndXX NextG ETF (NXTG) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NXTG achieves a 35.27% return, which is significantly higher than NFTY's -5.91% return. Over the past 10 years, NXTG has outperformed NFTY with an annualized return of 15.78%, while NFTY has yielded a comparatively lower 7.50% annualized return.

NXTG

• 1D: -0.65%
• 1M: -2.13%
• 6M: 28.42%
• YTD: 35.27%
• 1Y: 53.55%
• 3Y*: 28.09%
• 5Y*: 15.88%
• 10Y*: 15.78%
• ALL TIME*: 12.21%

NFTY

• 1D: -0.10%
• 1M: 0.86%
• 6M: -2.37%
• YTD: -5.91%
• 1Y: -2.47%
• 3Y*: 5.47%
• 5Y*: 5.91%
• 10Y*: 7.50%
• ALL TIME*: 6.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NFTY First Trust India NIFTY 50 Equal Weight ETF	$2.39M	$1.68M	$1.69M
NXTG First Trust IndXX NextG ETF	$1.58M	$1.75M	$2.16M

NXTG vs. NFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NXTG First Trust IndXX NextG ETF	35.27%	28.46%	12.85%	28.74%	-24.70%	21.81%	27.58%	29.58%	-17.25%	28.02%
NFTY First Trust India NIFTY 50 Equal Weight ETF	-5.91%	5.47%	5.18%	24.00%	-3.46%	26.83%	10.04%	0.58%	-1.51%	21.78%

Correlation

The correlation between NXTG and NFTY is 0.43, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.43
Correlation (3Y) Balances recent behavior with more history.	0.43
Correlation (5Y) Shows whether the relationship held over a longer period.	0.48
Correlation (10Y) Provides a long-term view across more market conditions.	0.39
Correlation (All Time) Calculated using the full available price history since Feb 28, 2012	0.36

The correlation between NXTG and NFTY shifts across timeframes, from 0.36 (all time) to 0.48 (5 years), reflecting how their relationship changes across market environments.

NXTG vs. NFTY - Sectors Allocation Comparison

Sectors	NXTG	NFTY
Technology	64.5%	9.7%
Communication Services	22.2%	2.0%
Industrials	6.5%	8.1%
Real Estate	6.4%	-
Consumer Cyclical	0.5%	16.2%
Basic Materials	-	11.9%
Consumer Defensive	-	8.0%
Energy	-	7.9%
Financial Services	-	22.0%
Healthcare	-	10.2%
Utilities	-	4.0%

Return for Risk

NXTG vs. NFTY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NXTG

NXTG Risk / Return Rank: 87
NXTG Sharpe Ratio Rank: 92
NXTG Sortino Ratio Rank: 88
NXTG Omega Ratio Rank: 89
NXTG Calmar Ratio Rank: 87
NXTG Martin Ratio Rank: 82

NFTY

NFTY Risk / Return Rank: 8
NFTY Sharpe Ratio Rank: 9
NFTY Sortino Ratio Rank: 8
NFTY Omega Ratio Rank: 8
NFTY Calmar Ratio Rank: 9
NFTY Martin Ratio Rank: 9

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NXTG vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust IndXX NextG ETF (NXTG) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NXTG	NFTY	Difference
Sharpe ratio: Return per unit of total volatility	2.37	-0.15	+2.52
Sortino ratio: Return per unit of downside risk	3.02	-0.11	+3.13
Omega ratio: Gain probability vs. loss probability	1.41	0.99	+0.42
Calmar ratio: Return relative to maximum drawdown	3.44	-0.14	+3.58
Martin ratio: Return relative to average drawdown	10.87	-0.31	+11.18

NXTG vs. NFTY - Sharpe Ratio Comparison

The current NXTG Sharpe Ratio is 2.37, which is higher than the NFTY Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of NXTG and NFTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NXTG vs. NFTY - Drawdown Comparison

The maximum NXTG drawdown since its inception was -33.61%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for NXTG and NFTY.

Drawdown Indicators

	NXTG	NFTY	Difference
Max Drawdown Largest peak-to-trough decline	-33.61%	-47.67%	+14.06%
Max Drawdown (1Y) Largest decline over 1 year	-15.41%	-16.14%	+0.73%
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	-21.55%	+3.80%
Max Drawdown (5Y) Largest decline over 5 years	-33.61%	-21.55%	-12.06%
Max Drawdown (10Y) Largest decline over 10 years	-33.61%	-47.67%	+14.06%
Current Drawdown Current decline from peak	-13.19%	-13.99%	+0.80%
Average Drawdown Average peak-to-trough decline	-7.93%	-9.65%	+1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.87%	6.98%	-2.11%

Volatility

NXTG vs. NFTY - Volatility Comparison

First Trust IndXX NextG ETF (NXTG) has a higher volatility of 6.84% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.54%. This indicates that NXTG's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXTG	NFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.84%	3.54%	+3.30%
Volatility (6M) Calculated over the trailing 6-month period	19.89%	12.71%	+7.18%
Volatility (1Y) Calculated over the trailing 1-year period	22.42%	14.82%	+7.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.80%	17.42%	+1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.12%	20.64%	-1.52%

NXTG vs. NFTY - Expense Ratio Comparison

NXTG has a 0.70% expense ratio, which is lower than NFTY's 0.80% expense ratio.

Dividends

NXTG vs. NFTY - Dividend Comparison

NXTG's dividend yield for the trailing twelve months is around 1.27%, less than NFTY's 1.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFTY First Trust India NIFTY 50 Equal Weight ETF	1.88%	1.24%	1.61%	0.13%	5.89%	1.53%	0.61%	0.97%	0.00%	4.10%	3.28%	4.39%
NXTG First Trust IndXX NextG ETF	1.27%	1.56%	1.51%	2.15%	2.04%	1.97%	1.04%	0.77%	1.27%	1.65%	1.23%	1.11%

Frequently Asked Questions

Can I hold both NXTG and NFTY in my portfolio?

NXTG and NFTY have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NXTG or NFTY?

NXTG has higher volatility (6.84%) compared to NFTY (3.54%). In terms of maximum drawdown, NXTG dropped -33.61% vs NFTY's -47.67%.

Which ETF is better, NXTG or NFTY?

On 10-year performance, NXTG leads with 15.78% vs 7.50% for NFTY. On fees, NXTG is cheaper at 0.70% per year. On volatility, NFTY has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NXTG or NFTY?

Over the 10-year period, NXTG has performed better with a 15.78% return vs 7.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NXTG or NFTY?

NXTG is cheaper with a 0.70% expense ratio, compared with 0.80% for NFTY.

Which ETF pays a higher dividend yield, NXTG or NFTY?

NFTY has the higher dividend yield at 1.88%, compared with 1.27% for NXTG.

What is the main difference between NXTG and NFTY?

NXTG is categorized as Technology Equities, while NFTY is India Equities. NXTG tracks Indxx 5G & NextG Thematic Index, while NFTY tracks NIFTY 50 Equal Weight Index. Their fees differ too: 0.70% for NXTG and 0.80% for NFTY.

Which has better risk-adjusted returns?

NXTG currently has the higher Sharpe Ratio (2.37 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.