Edelweiss Nifty Metal ETF vs HDFC Nifty Metal ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Edelweiss Nifty Metal ETF is an ETF fund and HDFC Nifty Metal ETF is a mutual fund. Edelweiss Nifty Metal ETF charges 1.09% a year and HDFC Nifty Metal ETF 0.59%. Their portfolios overlap 99.8%: they hold 15 of the same securities.
Which is better, Edelweiss Nifty Metal ETF or HDFC Nifty Metal ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Nifty Metal ETF costs less: 0.59% a year against 1.09%.
- Edelweiss Nifty Metal ETF fell less in its worst fall since 27-07-2026: −14.9% against −15.1%.
- HDFC Nifty Metal ETF is the larger fund: ₹120 Cr against ₹7 Cr.
- Their portfolios overlap 99.8%: 15 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Edelweiss Nifty Metal ETF | HDFC Nifty Metal ETF |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | HDFC Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹7 Cr (30-09-2026) | ₹120 Cr (30-09-2026) |
| NAV | ₹11.82 | ₹117.93 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Metal TRI | Not available |
| Launch date | 23-07-2026 | Not available |
| Minimum investment | ₹25,00,00,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Bhavesh Jain, Manasi Jalgaonkar | Not available |
| Exit load | Nil | Not available |
Edelweiss Nifty Metal ETF vs HDFC Nifty Metal ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Edelweiss Nifty Metal ETF | −7.53% | −6.88% | -- | -- | -- | -- | -- |
| HDFC Nifty Metal ETF | −7.53% | −7.11% | -- | -- | -- | -- | -- |
Edelweiss Nifty Metal ETF vs HDFC Nifty Metal ETF: Rolling Returns
Every holding period of both funds, against Nifty Metal TRI, the benchmark of both
Edelweiss Nifty Metal ETF vs HDFC Nifty Metal ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Nifty Metal ETF | HDFC Nifty Metal ETF |
|---|---|---|
| Return (CAGR) | −16.23% | −19.43% |
| Standard deviation | 20.66% | 21.06% |
| Sharpe ratio | -1.04 | -1.17 |
| Sortino ratio | -1.32 | -1.48 |
| Maximum drawdown | −14.9% (23-10-2026) | −15.1% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | +0.35% | −0.53% |
From daily NAVs, 24-07-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Edelweiss Nifty Metal ETF
HDFC Nifty Metal ETF
Nifty Metal TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Nifty Metal ETF | −14.9% | 26-08-2026 | 23-10-2026 | Not yet | -- | −12.7% |
| HDFC Nifty Metal ETF | −15.1% | 26-08-2026 | 23-10-2026 | Not yet | -- | −12.9% |
| Nifty Metal TRI | −15.1% | 26-08-2026 | 23-10-2026 | Not yet | -- | −12.8% |
From daily values since 27-07-2026, the first day every fund has.
Edelweiss Nifty Metal ETF vs HDFC Nifty Metal ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Nifty Metal ETF, September 2026; HDFC Nifty Metal ETF, September 2026
Holdings in common
- Overlap
- 99.8%
- Held by both
- 15
- Only in Edelweiss Nifty Metal ETF
- 0
- Only in HDFC Nifty Metal ETF
- 0
| Security | % of Edelweiss Nifty Metal ETF | % of HDFC Nifty Metal ETF |
|---|---|---|
| Tata Steel Ltd. | 17.27% | 17.29% |
| Hindalco Industries Ltd. | 15.40% | 15.42% |
| JSW Steel Ltd. | 13.62% | 13.65% |
| Adani Enterprises Ltd. | 11.12% | 11.13% |
| Vedanta Aluminium Metal Ltd. | 7.92% | 7.92% |
| Vedanta Ltd. | 5.15% | 5.16% |
| Jindal Steel Ltd. | 4.75% | 4.76% |
| APL Apollo Tubes Ltd. | 4.50% | 4.51% |
| National Aluminium Company Ltd. | 3.45% | 3.46% |
| Hindustan Zinc Ltd. | 3.07% | 3.08% |
| NMDC Ltd. | 2.99% | 2.99% |
| Steel Authority of India Ltd. | 2.96% | 2.97% |
| Lloyds Metals And Energy Ltd. | 2.91% | 2.92% |
| Jindal Stainless Ltd. | 2.64% | 2.65% |
| Hindustan Copper Ltd. | 2.06% | 2.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.8% means 99.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Edelweiss Nifty Metal ETF
Every holding of this fund is also held by the other.
Largest holdings only in HDFC Nifty Metal ETF
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Nifty Metal ETF | HDFC Nifty Metal ETF |
|---|---|---|
| Equity | 99.8% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.0% |
Market cap of stocks
| Market cap | Edelweiss Nifty Metal ETF | HDFC Nifty Metal ETF |
|---|---|---|
| Large Cap | 78.3% | 78.4% |
| Mid Cap | 21.5% | 21.6% |
| Small Cap | 0.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Edelweiss Nifty Metal ETF | HDFC Nifty Metal ETF |
|---|---|---|
| Ferrous Metals | 41.2% | 41.3% |
| Non - Ferrous Metals | 31.9% | 31.9% |
| Metals & Minerals Trading | 11.1% | 11.1% |
| Minerals & Mining | 5.9% | 5.9% |
| Diversified Metals | 5.2% | 5.2% |
| Industrial Products | 4.5% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Nifty Metal ETF vs HDFC Nifty Metal ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Nifty Metal ETF | HDFC Nifty Metal ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.30% | 0.30% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Edelweiss Nifty Metal ETF vs HDFC Nifty Metal ETF: Frequently Asked Questions
What is the difference between Edelweiss Nifty Metal ETF and HDFC Nifty Metal ETF?
Edelweiss Nifty Metal ETF is an ETF fund, HDFC Nifty Metal ETF is a mutual fund, run by Edelweiss Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 99.8%. Edelweiss Nifty Metal ETF charges 1.09% a year and HDFC Nifty Metal ETF 0.59%.
Which has the lower expense ratio, Edelweiss Nifty Metal ETF or HDFC Nifty Metal ETF?
HDFC Nifty Metal ETF charges less: 0.59% a year against 1.09%. These are the total expense ratios reported to AMFI.
How much do Edelweiss Nifty Metal ETF and HDFC Nifty Metal ETF overlap?
99.8%. They hold 15 of the same securities, the largest shared ones being TATASTEEL, HINDALCO, JSWSTEEL. From each fund's latest monthly portfolio.
Can I invest in both Edelweiss Nifty Metal ETF and HDFC Nifty Metal ETF?
Yes. 99.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.