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VanEck India Growth Leaders ETF

GLINNYSE ArcaB

$44.10+1.16 (+2.70%)

As of Oct 13, 2026, 3:59 PM

B64/ 100

Rank 5 of 19 in India

Intraday session: up, 28 prints from 42.94 to 44.10. Range 43.89 to 44.17. Use the arrow keys to read each point.43.2543.5043.7510 AM12 PM2 PM4 PM
Expense ratio
0.72%
Fund size
$85M
1Y total return
−4.2%
Yield · Last 12 months
0.90%
Holdings
83
Avg volume · 30D
0M sh
NAV per share
$43.28
52W range
low $38.71high $47.94
Launched
Filings
SEC EDGAR

The ETF.net GLIN Grade

B

Score 64 out of 100

Category
India⁠
Rank
5 of 19
Six-pillar profile for GLIN. Scores out of 100: Cost 67, Risk 48, Mission 94, Tradability 38, Holdings 46, Durability 66. Strongest: Mission (94). Weakest: Tradability (38). Leans toward Mission.

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 100
    Rank 7 of 19
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A94 out of 100
    Rank 11 of 12
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C48 out of 100
    Rank 12 of 19
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D38 out of 100
    Rank 12 of 19
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 12 of 18
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B66 out of 100
    Rank 8 of 19

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 Oct 13, 2026
Asset class
Stocks
Holdings
83
Top-10 weight
45%
Largest holding
HDB5.3%

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% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001HDBHdfc Bank Ltd5.32%202,593$5M40
002INFYInfosys Ltd5.18%409,190$4M52
003BHARTIARTL.BOBharti Airtel Ltd5.16%234,322$4M50
004AXISBANK.BOAxis Bank Ltd5.13%334,296$4M30
005IBNIcici Bank Ltd5.07%154,225$4M50
006SBIN.NSState Bank Of India5.01%428,662$4M56
007KOTAKBANK.BOKotak Mahindra Bank Ltd4.03%749,803$3M31
008—Mahindra & Mahindra Ltd3.56%104,380$3M3
009BAJFINANCE.BOBajaj Finance Ltd3.40%290,121$3M31
010TCS.NSTata Consultancy Services Ltd2.97%112,931$3M66
011ITC.NSItc Ltd2.88%887,631$2M46
012WITWipro Ltd2.24%1,119,565$2M32
013SUNPHARMA.BOSun Pharmaceutical Industries Ltd2.22%103,446$2M38
014TITAN.BOTitan Co Ltd2.14%39,756$2M35
015HINDUNILVR.BOHindustan Unilever Ltd2.13%94,309$2M36

Showing 1–15 of 83 holdings

GLIN Performance

Launched Aug 24, 2010

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

GLIN$9,584
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. GLIN $9,584. SPY $12,044. Use the arrow keys to read each point.$8,680$10,495$12,309Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for GLIN. Periods over one year show the average yearly return.
PeriodGLIN
Year to date−6.9%
1 month−5.0%
3 months−6.4%
1 year−4.2%
3 yearsper year+5.5%
5 yearsper year+1.5%
10 yearsper year0.0%

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−6.9%
2025−5.5%
2024+15.7%
2023+36.1%
2022−21.5%
2021+29.6%
2020−0.3%

GLIN in the news

Filtered to GLIN · India

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 Oct 12, 2026.
0.90%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.
18.8%
Annualised · 36 months to Sep 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.
0.14
vs 3-month T-bills · to Sep 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.

Other funds in India