

VanEck India Growth Leaders ETF
$44.10+1.16 (+2.70%)
- 0.72%
- $85M
- −4.2%
- 0.90%
- 0M sh
- $43.28
- low $38.71high $47.94
The ETF.net GLIN Grade
Score 64 out of 100
- 5 of 19
Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B67 out of 100Rank 7 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 11 of 12Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 12 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D38 out of 100Rank 12 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C46 out of 100Rank 12 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B66 out of 100Rank 8 of 19
Our read on GLIN
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.
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
- Not cap-weighted. The MarketGrader index screens Indian companies on growth, profitability, quality and value, then holds roughly 80 of the winners.
- All-cap by design, so mid and smaller Indian names sit next to the megacaps that dominate the standard India benchmarks.vaneck.com
- Running since 2010 and it does what the label says: Indian equities, all sizes, growth screen, no style drift.
- The 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
- Plain-index India exposure costs far less. FLIN charges 0.19%. With GLIN you are paying up for the stock screen.
- Trades lightly compared with the largest India ETFs, so spreads can widen. Limit orders matter more here.
- One country, roughly 80 stocks, one style. Results can diverge widely from broad India benchmarks in either direction.
GLIN Holdings
- Stocks
- 83
- 45%
- HDB
Sectors
- Financials37.2%
- Technology16.1%
- Consumer Discretionary13.5%
- Industrials9.4%
- Health Care5.5%
- Consumer Staples5.2%
- Materials5.1%
- Communication5.1%
- Energy2.5%
- Real Estate0.4%
Geography
- India99.89%
- United States0.11%
Developed 0% · Emerging 100%
GLIN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 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.
| Period | GLIN |
|---|---|
| Year to date | −6.9% |
| 1 month | −5.0% |
| 3 months | −6.4% |
| 1 year | −4.2% |
| 3 years | +5.5% |
| 5 years | +1.5% |
| 10 years | 0.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GLIN |
|---|---|---|
| 2026 YTD | −6.9% | |
| 2025 | −5.5% | |
| 2024 | +15.7% | |
| 2023 | +36.1% | |
| 2022 | −21.5% | |
| 2021 | +29.6% | |
| 2020 | −0.3% |
GLIN in the news
GLIN Dividends
- 0.90%
- $0.39
- $0.39 per share
- Annual
Distribution history
GLIN Risk
- 18.8%
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.
- 0.14
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.
- −30.9%
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.
- 0.78
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
- The middle half of India funds
- Median 0.75%
6 of the 19 India funds charge less.
Other funds in India
- AINDYiShares India 50 ETFExpense ratio 0.65%1 year return −14.4%
- ASMINiShares MSCI India Small-Cap ETFExpense ratio 0.74%1 year return −3.8%
- BINDHWisdomTree India Hedged Equity FundExpense ratio 0.64%1 year return −10.3%
- BEPIWisdomTree India Earnings FundExpense ratio 0.84%1 year return −10.4%
- BGINDGoldman Sachs India Equity ETFExpense ratio 0.75%1 year return −9.3%




