
VanEck India Growth Leaders ETF
The ETF.net GLIN Grade
Score 64 out of 100
- 6 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.B64 out of 100Rank 7 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.A95 out of 100Rank 11 of 13Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 13 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 10 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C53 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
In short
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
Worth knowing
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 Nov 2, 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 | −2.0% |
| 1 month | +5.4% |
| 3 months | −0.2% |
| 1 year | −1.6% |
| 3 years | +7.2% |
| 5 years | +2.9% |
| 10 years | +0.5% |
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 | −2.0% | |
| 2025 | −5.5% | |
| 2024 | +15.7% | |
| 2023 | +36.1% | |
| 2022 | −21.5% |
GLIN in the news
GLIN Dividends
- 0.86%
- $0.39
- $0.39 per share
- Annual
Distribution history
GLIN Risk
- 18.9%
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.
- 0.24
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.
- −29.7%
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.
- 0.69
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
GLIN Cost
Overpaying vs FLIN, tied cheapest in India
$10,005
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
GLIN 0.72%
$13,957
FLIN 0.19% Tied cheapest
$3,952
Cost over time
Year by year
| Year | GLIN | FLIN | Overpaying |
|---|---|---|---|
| 10 | $1,284 | $347 | $937 |
| 20 | $4,888 | $1,351 | $3,537 |
| 30 | $13,957 | $3,952 | $10,005 |
Full fee 0.80% waiver 0.08% you pay 0.72%
Other funds in India
- ASMINiShares MSCI India Small-Cap ETFExpense ratio 0.74%1 year return −6.0%
- BIOPPSimplify Tara India Opportunities ETFExpense ratio 0.71%1 year return −6.4%
- BINDHWisdomTree India Hedged Equity FundExpense ratio 0.64%1 year return −8.9%
- BNFTYFirst Trust India NIFTY 50 Equal Weight ETFExpense ratio 0.80%1 year return −8.3%
- BNDIAGlobal X India Active ETFExpense ratio 0.75%1 year return −8.4%




