HDFC Nifty Metal ETF vs Motilal Oswal Nifty Metal ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
HDFC Nifty Metal ETF is a mutual fund and Motilal Oswal Nifty Metal ETF is a mutual fund. HDFC Nifty Metal ETF charges 0.59% a year and Motilal Oswal Nifty Metal ETF 4.67%. Their portfolios overlap 99.7%: they hold 15 of the same securities.
Which is better, HDFC Nifty Metal ETF or Motilal Oswal 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 4.67%.
- Motilal Oswal Nifty Metal ETF fell less in its worst fall since 06-08-2026: −15.1% against −15.1%.
- HDFC Nifty Metal ETF is the larger fund: ₹120 Cr against ₹2 Cr.
- Their portfolios overlap 99.7%: 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 | HDFC Nifty Metal ETF | Motilal Oswal Nifty Metal ETF |
|---|---|---|
| Fund house | HDFC Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹120 Cr (30-09-2026) | ₹2 Cr (30-09-2026) |
| NAV | ₹117.93 | ₹11.80 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
HDFC Nifty Metal ETF vs Motilal Oswal 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 |
|---|---|---|---|---|---|---|---|
| HDFC Nifty Metal ETF | −7.53% | −7.11% | -- | -- | -- | -- | -- |
| Motilal Oswal Nifty Metal ETF | −7.52% | -- | -- | -- | -- | -- | -- |
HDFC Nifty Metal ETF vs Motilal Oswal Nifty Metal ETF: Rolling Returns
Every holding period of both funds, against Nifty Metal TRI, the benchmark of both
HDFC Nifty Metal ETF vs Motilal Oswal Nifty Metal ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Nifty Metal ETF | Motilal Oswal Nifty Metal ETF |
|---|---|---|
| Return (CAGR) | −19.43% | −36.61% |
| Standard deviation | 21.06% | 20.84% |
| Sharpe ratio | -1.17 | -2.01 |
| Sortino ratio | -1.48 | -2.40 |
| Maximum drawdown | −15.1% (23-10-2026) | −15.1% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.53% | −0.31% |
From daily NAVs, 27-07-2026 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.
HDFC Nifty Metal ETF
Motilal Oswal 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 |
|---|---|---|---|---|---|---|
| HDFC Nifty Metal ETF | −15.1% | 26-08-2026 | 23-10-2026 | Not yet | -- | −12.9% |
| Motilal Oswal Nifty Metal ETF | −15.1% | 26-08-2026 | 23-10-2026 | Not yet | -- | −12.8% |
| Nifty Metal TRI | −15.1% | 26-08-2026 | 23-10-2026 | Not yet | -- | −12.8% |
From daily values since 06-08-2026, the first day every fund has.
HDFC Nifty Metal ETF vs Motilal Oswal Nifty Metal ETF: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty Metal ETF, September 2026; Motilal Oswal Nifty Metal ETF, September 2026
Holdings in common
- Overlap
- 99.7%
- Held by both
- 15
- Only in HDFC Nifty Metal ETF
- 0
- Only in Motilal Oswal Nifty Metal ETF
- 0
| Security | % of HDFC Nifty Metal ETF | % of Motilal Oswal Nifty Metal ETF |
|---|---|---|
| Tata Steel Ltd. | 17.29% | 17.24% |
| Hindalco Industries Ltd. | 15.42% | 15.37% |
| JSW Steel Ltd. | 13.65% | 13.60% |
| ADANI ENTERPRISES LIMTIED | 11.13% | 11.10% |
| Vedanta Aluminium Metal Limited | 7.92% | 7.92% |
| Vedanta Ltd. | 5.16% | 5.14% |
| Jindal Steel Limited. | 4.76% | 4.74% |
| APL Apollo Tubes Ltd. | 4.51% | 4.49% |
| National Aluminium Co. Ltd. | 3.46% | 3.45% |
| Hindustan Zinc Ltd. | 3.08% | 3.07% |
| NMDC Limited | 2.99% | 2.98% |
| Steel Authority Of India Ltd. | 2.97% | 2.96% |
| Lloyds Metals & Energy Ltd. | 2.92% | 2.91% |
| Jindal Stainless Ltd. | 2.65% | 2.64% |
| HINDUSTAN COPPER LIMITED | 2.07% | 2.06% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.7% means 99.7% 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 HDFC Nifty Metal ETF
Every holding of this fund is also held by the other.
Largest holdings only in Motilal Oswal 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 | HDFC Nifty Metal ETF | Motilal Oswal Nifty Metal ETF |
|---|---|---|
| Equity | 100.0% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.3% |
Market cap of stocks
| Market cap | HDFC Nifty Metal ETF | Motilal Oswal Nifty Metal ETF |
|---|---|---|
| Large Cap | 78.4% | 78.2% |
| Mid Cap | 21.6% | 21.5% |
| 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 | HDFC Nifty Metal ETF | Motilal Oswal Nifty Metal ETF |
|---|---|---|
| Ferrous Metals | 41.3% | 41.2% |
| Non - Ferrous Metals | 31.9% | 31.9% |
| Metals & Minerals Trading | 11.1% | 11.1% |
| Minerals & Mining | 5.9% | 5.9% |
| Diversified Metals | 5.2% | 5.1% |
| Industrial Products | 4.5% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty Metal ETF vs Motilal Oswal Nifty Metal ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty Metal ETF | Motilal Oswal Nifty Metal ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.30% | 0.35% |
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.
HDFC Nifty Metal ETF vs Motilal Oswal Nifty Metal ETF: Frequently Asked Questions
What is the difference between HDFC Nifty Metal ETF and Motilal Oswal Nifty Metal ETF?
HDFC Nifty Metal ETF is a mutual fund, Motilal Oswal Nifty Metal ETF is a mutual fund, run by HDFC Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 99.7%. HDFC Nifty Metal ETF charges 0.59% a year and Motilal Oswal Nifty Metal ETF 4.67%.
Which has the lower expense ratio, HDFC Nifty Metal ETF or Motilal Oswal Nifty Metal ETF?
HDFC Nifty Metal ETF charges less: 0.59% a year against 4.67%. These are the total expense ratios reported to AMFI.
How much do HDFC Nifty Metal ETF and Motilal Oswal Nifty Metal ETF overlap?
99.7%. 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 HDFC Nifty Metal ETF and Motilal Oswal Nifty Metal ETF?
Yes. 99.7% 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.