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DGIN vs INDA

VanEck Digital India ETF

DGINCNYSE Arca

iShares MSCI India ETF

INDAACboe

Overlap

3.3%by weight

Expense ratio

INDA −0.09pt a year

DGIN0.70%INDA0.61%

Avg volume · 30D

INDA 2505.5×the volume

DGIN2.11KINDA5.28M

3Y return · a year

INDA +0.6pt

DGIN+3.0%INDA+3.6%

DGIN vs INDA Performance

Oct 31, 2025 – Oct 30, 2026

−15.9%DGIN−11.6%INDA

Oct 31, 2025 to Oct 30, 2026. DGIN −15.9%. INDA −11.6%. Use the arrow keys to read each point.−25%−20%−5%0%5%Oct 2025Apr 2026Oct 2026
Expense ratio
DGIN 0.70%
INDA 0.61%, better
Fund size
DGIN $11M
INDA $5.84B
1Y total return
DGIN −15.9%
INDA −11.6%, better
Yield (12M)
DGIN 2.26%, better
INDA 0.00%
Holdings
DGIN 36
INDA 168
Avg volume (30D)
DGIN 2.11K sh
INDA 5.28M sh, better
NAV per share
DGIN $34.40
INDA $47.59
52W range

ETF.net Grade

DGIN: Cost 72, Risk 25, Mission not scored, Tradability 17, Holdings 25, Durability 54. INDA: Cost 89, Risk 55, Mission 100, Tradability 100, Holdings 70, Durability 94.
Pillar letters and Scores for DGIN, INDA, with each pillar’s weight
PillarDGININDA
Cost30% weightA72A89Higher
Mission25% weightNot scoredA100
Risk15% weightD25B55Higher
Tradability15% weightF17A100Higher
Holdings10% weightD25A70Higher
Durability5% weightC54A94Higher

Rank among India funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DGIN and INDA are both graded against the same 19 India funds, so their Grades compare head to head.

India⁠

Category · 19 funds
See all 19 ›

INDA ranks 1st and DGIN 16th of 19 funds in the India Category.

  1. Rank 1AFLINFranklin FTSE India ETFScore 86
  2. Rank 1AINDAiShares MSCI India ETFScore 86
  3. Rank 3AINDYiShares India 50 ETFScore 75
  4. Rank 15CINCOColumbia India Consumer ETFScore 46
  5. Rank 16CDGINVanEck Digital India ETFScore 44
  6. Rank 17CINDXtrackers Nifty 500 India ETFScore 40

Our read on each fund

ETF.net Research

DGINCVanEck Digital India ETF

INDAAiShares MSCI India ETF

In short

DGIN Most India ETFs hand you the whole market. DGIN narrows it to one storyline: roughly 30 companies tied to the digitization of India's economy, picked by index rules rather than a stock-picker.

INDA The default India trade for US investors: one big, heavily traded fund holding roughly 160 mostly larger Indian companies, running since 2012. Priced below the typical India fund, though it is not the category's price leader.

Stated mandate

DGIN The Fund seeks to track the performance of an index representing companies that support the digitization of India's economy.

INDA The fund seeks to track an index composed of Indian equities, providing targeted exposure to India.

Why people hold it

  • DGIN The specialist on a shelf of broad-market India funds. Its stated job is tracking an index of companies that support the digitization of India's economy.
  • At 0.70% a year, it runs a touch under the typical single-country India fund and under VanEck's own India growth sibling, GLIN.
  • Rules-based and legible: it follows the MVIS Digital India Index, and it has stuck closely to that stated mandate rather than drifting into generic India exposure.
  • INDA Charges 0.61% a year against a 0.75% median for US-listed India funds, so the access fee sits below the category's going rate.
  • A multi-billion-dollar fund and among the most actively traded in its category, so getting in or out rarely means fighting a thin order book.
  • Tracks the MSCI India Index with no side bets, and rates as one of the strongest implementations among US-listed India funds. Live since 2012.

Worth knowing

  • DGIN About 30 stocks, one theme, one country. Three layers of concentration, so it can travel a very different path from a broad India index.
  • A small fund that trades thinly. Spreads can widen, and limit orders are the standard workaround for funds in this size band.
  • Income is a byproduct here: cash goes out once or twice a year, not monthly. The 2022 launch also means a short history versus the veteran India funds.
  • INDA FLIN runs a broad India index for 0.19%. Here you pay up for the deeper trading and the longer live record.
  • One country, one currency. Rupee moves land in your return alongside Indian share prices.
  • Roughly 160 holdings skewed to India's bigger listed names; the small-cap tier sits in a separate fund (SMIN).

Full DGIN profile⁠

Full INDA profile⁠

DGIN vs INDA Holdings

How DGIN and INDA differ

Overlap by weight

3.3%

Shared holdings make up 37.1% of DGIN and 3.3% of INDA.

Level by level

  • Holdings7 in both3.3%
  • Sector11 Sectors52.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

Sector weights in DGIN and INDA, widest gap first
SectorMore in DGINMore in INDA
CommunicationDGIN +20.8 points
TechnologyDGIN +15.5 points
FinancialsINDA +12.6 points
Consumer DiscretionaryDGIN +11.3 points
IndustrialsINDA +9.8 points
MaterialsINDA +8.4 points
Health CareINDA +7.1 points
Consumer StaplesINDA +5.0 points
UtilitiesINDA +3.9 points
Real EstateINDA +1.4 points
EnergyDGIN +0.5 points

Country, concentration and asset class

Country by domicile

Country weights in DGIN and INDA, widest gap first
CountryMore in DGINMore in INDA
IndiaSame weight

Outside the US: DGIN 0% developed, 100% emerging. INDA 0% developed, 100% emerging.

Concentration

Weight in the 10 largest Holdings

  • DGIN60.6%
  • INDA34.9%

Securities held

  • DGIN32
  • INDA165

Asset class

DGIN
Equity
INDA
Equity

Holdings

  • Only in DGIN25
  • In both7
  • Only in INDA158

Only in DGIN

25 securities, 61.3% of DGIN by weight

  • Bharti Airtel Ltd9.32%
  • Reliance Industries Ltd7.87%
  • Indus Towers Ltd4.96%

Only in INDA

158 securities, 96.4% of INDA by weight

  • Hdfc Bank6.28%
  • Icici Bank5.91%
  • Reliance Industries Ltd5.32%

Weight gaps

All 7 Holdings in both funds, largest gap first.

Holding weights in DGIN and INDA, widest gap first
HoldingMore in DGINMore in INDA
Zomato LtdDGIN +6.61 points
One 97 Communications LtdDGIN +6.21 points
Jio Financial Services LtdDGIN +4.85 points
Fsn E-Commerce Ventures LtdDGIN +4.63 points
Billionbrains Garage Ventures LtdDGIN +4.52 points
Dixon Technologies India LtdDGIN +3.69 points
Vodafone Idea LtdDGIN +3.24 points

All 31 DGIN holdings⁠All 165 INDA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DGIN vs INDA Cost

Overpaying DGIN vs INDA

$1,608

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DGIN 0.70%

    $13,606

  • INDA 0.61%

    $11,998

$10,000
30 years

Cost over time

  • DGIN 0.70%
  • INDA 0.61%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530DGIN $13,606INDA $11,998

Year by year

YearDGININDAOverpaying
10$1,250$1,093$157
20$4,760$4,181$579
30$13,606$11,998$1,608

Expense ratio

  • 0.70%DGIN
  • 0.61%INDA, cheaper
  • Middle half of India funds
  • Median 0.75%

INDA 3rd cheapest of 19 funds

DGIN 6th cheapest of 19 funds

DGIN vs INDA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DGIN 2.26%, better
INDA 0.00%
Payout (12M)
DGIN $0.78
INDA None
Last payment
DGIN $0.78
INDA No data
Ex-dividend
DGIN Dec 22, 2025
INDA No data
Paid on
DGIN Dec 26, 2025
INDA No data
Frequency
DGIN Irregular
INDA No data

Distribution history

Per share, 2017 to 2026, same scale for both

DGINIrregular · 3 paymentsAll DGIN payments⁠
One bar per payment. 3 payments from 2017 to 2026 YTD. Dec 19, 2022 $0.27; Dec 18, 2023 $0.09; Dec 22, 2025 $0.78. Use the arrow keys to read each point.$0$2.502017202020232026YTD
INDA14 paymentsAll INDA payments⁠
One bar per payment. 14 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.13; Dec 19, 2017 $0.27; Jun 19, 2018 $0.05; Dec 18, 2018 $0.25; Dec 28, 2018 $0.02; Jun 17, 2019 $0.32; Dec 16, 2019 $0.03; Jun 15, 2020 $0.08; Dec 14, 2020 $0.03; Jun 10, 2021 $0.04; Dec 13, 2021 $2.88; Dec 30, 2021 $0.03; Jun 7, 2023 $0.08; Dec 17, 2024 $0.40. Use the arrow keys to read each point.$0$2.502017202020232026YTD

DGIN vs INDA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DGIN 18.0%INDA 13.7%, better
Return per unit of riskSharpe ratio, 3 years
DGIN 0.004, betterINDA 0.00007
Worst fallMax drawdown, 5 years
DGIN −33.6%since Feb 2022INDA −22.7%
Market sensitivityBeta, 5 years
DGIN 0.45INDA 0.56

DGIN and INDA in the news

All news⁠

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