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GLIN

GradeBNew York Stock Exchange Arca

VanEck India Growth Leaders ETF

Countries & Regions · VanEck · Inception 2010-08-24 · SEC filings

$44.31−0.25 (−0.56%)

As of Sep 23, 2026, 3:09 PM EDT

Intraday session: down, 20 prints from 44.56 to 44.31. Range 44.31 to 44.56. Use the arrow keys to read each point.$44.40$44.5010 AM12 PM2 PM4 PM
Expense ratio
0.72%
Fund size
$91M
1Y return
−2.6%
Yield · Last 12 months
0.87%
Holdings
83
Volume · 30D
0M sh
NAV per share
$44.96
52W range
low $38.71high $47.94

The ETF.net GLIN Grade

B

65/ 100

Rank 5 of 19 in India⁠

Confidence High

Six-pillar profile for GLIN. Scores out of 100: Cost 67, Risk 54, Mission 94, Tradability 35, Holdings 56, Durability 66. Strongest: Mission (94). Weakest: Tradability (35). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 65 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank7/19 · top 37%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 94
    Category rank11/12 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 54
    Category rank9/19 · top 47%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 35
    Category rank12/19 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 56
    Category rank12/18 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank8/19 · top 42%

Graded as of Sep 22, 2026

Our read on GLIN

ETF.net Research

BMost India ETFs buy the index and call it a day. GLIN runs a fundamentals screen instead, picking roughly 80 Indian companies of all sizes on growth, quality and price. It has been doing this since 2010.

Stated mandate

GLIN seeks to track the MarketGrader India All-Cap Growth Leaders Index before fees and expenses. The index selects Indian companies with favorable fundamentals and attractive growth potential at reasonable prices.

Why people hold it

  1. 01Not cap-weighted. The MarketGrader index screens Indian companies on growth, profitability, quality and value, then holds roughly 80 of the winners.
  2. 02All-cap by design, so mid and smaller Indian names sit next to the megacaps that dominate the standard India benchmarks.vaneck.com
  3. 03Running since 2010 and it does what the label says: Indian equities, all sizes, growth screen, no style drift.
  4. 04The 0.72% fee sits just under the typical India fund, and it lands in the upper half of its India peer group overall.

Worth knowing

  1. 01Plain-index India exposure costs far less. FLIN charges 0.19%. With GLIN you are paying up for the stock screen.
  2. 02Trades lightly compared with the largest India ETFs, so spreads can widen. Limit orders matter more here.
  3. 03One country, roughly 80 stocks, one style. Results can diverge widely from broad India benchmarks in either direction.

GLIN Holdings

As of Sep 20, 2026, 6:07 AM
Asset class
Stocks
Holdings
83
Top-10 weight
43%
Largest holding
BSE.NS5.4%

Sectors

  • Financials34.1%
  • Industrials22.9%
  • Consumer Discr.15.3%
  • Materials9.0%
  • Health Care8.7%
  • Communication4.8%
  • Technology2.2%
  • Energy2.0%
  • Cons. Staples0.8%

Geography

  • India100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 10.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001BSE.NSBse Ltd5.43%144,528$5M65
002HAL.BOHindustan Aeronautics Ltd4.95%89,728$4M63
003EICHERMOT.BOEicher Motors Ltd4.74%54,862$4M84
004BHARTIARTL.BOBharti Airtel Ltd4.73%223,428$4M83
005SBIN.NSState Bank Of India4.24%371,730$4M23
006BEL.BOBharat Electronics Ltd4.07%892,275$4M68
007TRENT.NSTrent Ltd3.90%121,424$4M22
008MCX.NSMulti Commodity Exchange Of India Ltd3.83%101,681$3M13
009HEROMOTOCO.BOHero Motocorp Ltd3.77%61,371$3M74
010POLYCAB.NSPolycab India Ltd3.56%37,649$3M16
011GVT&D.NSGe Vernova T&D India Ltd2.92%58,519$3M66
012LUPIN.BOLupin Ltd2.80%115,769$3M68
013SUZLON.BOSuzlon Energy Ltd2.67%5,451,969$2M65
014BANKBARODA.BOBank Of Baroda2.58%963,262$2M56
015IDBI.NSIdbi Bank Ltd2.54%2,686,857$2M2

Showing 1–15 of 140 holdings

GLIN Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GLIN$9,743
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GLIN $9,743. SPY $11,723. Use the arrow keys to read each point.$8,268$10,144$12,020Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GLIN. Periods over one year show the average yearly return.
PeriodGLIN
Year to date−3.3%
1 month−2.8%
3 months−7.0%
1 year−2.6%
3 years+6.6%per year
5 years+1.9%per year
10 years+0.3%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GLIN
YearReturn barGLIN
2026 YTD−3.3%
2025−5.5%
2024+15.7%
2023+36.1%
2022−21.5%
2021+29.6%
2020−0.3%

GLIN in the news

ETF.net Research hasn’t filed on GLIN yet — coverage lands here as it’s written.

GLIN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.87%Last 12 months
Payout per share
$0.39Last 12 months
Last payment
$0.39 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 8 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.07; Dec 20, 2018 $0.05; Dec 23, 2019 $0.42; Dec 21, 2020 $0.08; Dec 19, 2022 $0.56; Dec 18, 2023 $0.42; Dec 23, 2024 $1.76; Dec 22, 2025 $0.39. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 26, 2025$0.39
Dec 23, 2024Dec 24, 2024$1.76
Dec 18, 2023Dec 22, 2023$0.42
Dec 19, 2022Dec 23, 2022$0.56
Dec 21, 2020Dec 28, 2020$0.08
Dec 23, 2019Dec 30, 2019$0.42
Dec 20, 2018Dec 27, 2018$0.05
Dec 18, 2017Dec 22, 2017$0.07
Dec 19, 2016Data unavailable$0.57
Dec 21, 2015Data unavailable$1.35
Dec 22, 2014Data unavailable$0.44
Dec 23, 2013Data unavailable$0.14

GLIN Risk

How much the fund’s monthly returns vary, scaled to a year.
18.4%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.29
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−30.9%
Trough Jun 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.78
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GLIN Cost

Expense ratio0.72%
  • The middle half of India funds
  • Median 0.75%

6 of the 19 India funds charge less.

GLIN costs $72.00 a year on $10,000. The median India fund costs $75.00.