Global X India Active ETF

NDIA

Market cap $59.5M

India's youthful population is more interested in domestic consumption than citizens in export-focused nations like China and Japan. That should drive growth for local businesses.

Vancouver, British Columbia - May 6 th , 2026 - TheNewswire - Vault Strategic Mining Corp. (TSXV: KNOX) (OTC: KNXFF) (FSE: M850) (WKN: A41WE4) ("Vault" or the "Company)  is pleased to announce that it has been accepted as a new member of the National Defense Industrial Association (NDIA), a leading organization supporting collaboration across industry, government, and academia to strengthen U.S. national security and the defense industrial base. Click Image To View Full Size

Indian equities declined in the first quarter, with the MSCI India Index falling 18.13%, as geopolitical volatility and the country's reliance on energy imports weighed on sentiment. India imports roughly 90% of its oil, with a significant portion flowing through the Strait of Hormuz. At the sector level, the most notable contributions to returns came from consumer discretionary (+0.86%), financials (+0.43%), and industrials (+0.43%).

Reliance Industries is set to fund a $300B Texas refinery, a move that could boost India ETFs holding the conglomerate.

NDIA and INDE, with listing histories of less than 2 years, offer a bottom-up stock selection approach at passive ETF-level costs. NDIA focuses on a smaller pool of mainly giant-cap stocks, while INDE provides broader exposure, including mid, small, and micro-caps, but with higher turnover and costs. NDIA stands out with a slightly lower expense ratio, more attractive valuation, and a superior risk-adjusted return track record since inception compared to INDE.