DGINVanEck Digital India ETF
Fund Description
VanEck Digital India ETF (DGIN) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Digital India Index (MVDINDTR), which is intended to track the overall performance of companies involved in supporting the digitization of the Indian economy.
-
Fund Ticker
DGIN -
Exchange
NYSE Arca -
Inception Date
02/15/2022 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVDINDTR -
Index Rebalancing
Quarterly
as of 03/30/23
-
30-Day SEC Yield1
0.43% -
Total Net Assets
$1.4M -
Number of Holdings
35 -
Options
No -
Gross Expense Ratio2
0.75% -
Net Expense Ratio/TER2
0.75% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
India’s Opportunities: Impossible to Ignore
Key Documents and Links
Fund Highlights
- Access local companies across sectors positioned to be leaders in India’s digital future
- Digital adoption in India is among the fastest globally
- New IPOs and increased foreign investment in India’s digital economy are reshaping India's capital markets
Trading Information
-
Fund Ticker
DGIN -
Index Total Return Ticker
MVDINDTR -
NAV
DGINNV -
Intraday NAV (IIV)4
DGINIV -
Shares Outstanding
50,000 -
Estimated Cash
DGINEU -
Total Cash
DGINTC -
CUSIP
92189H789 -
ISIN
US92189H7897
Fees and Expenses2
-
Management Fee
0.75% -
Other Expenses
-- -
Gross Expense Ratio
0.75% -
Fee Waivers and
--
Expense Reimbursement -
Net Expense Ratio/TER2
0.75%
2Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least May 1, 2023.
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
$0.11
/
+0.40%
Performance History: Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 02/15/22 |
|
|---|---|---|---|---|---|---|---|---|
| DGIN (NAV) | -1.09 | -7.87 | 0.25 | -19.54 | -- | -- | -- | -21.69 |
| DGIN (Share Price) | -0.78 | -7.25 | 0.63 | -19.56 | -- | -- | -- | -21.27 |
| MVDINDTR (Index) | -0.47 | -6.95 | 0.36 | -18.34 | -- | -- | -- | -20.74 |
| Performance Differential (NAV - Index) | -0.62 | -0.92 | -0.11 | -1.20 | -- | -- | -- | -0.95 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 02/15/22 |
|
|---|---|---|---|---|---|---|---|---|
| DGIN (NAV) | -8.11 | -0.34 | -- | -- | -- | -- | -- | -22.56 |
| DGIN (Share Price) | -7.82 | 0.15 | -- | -- | -- | -- | -- | -22.42 |
| MVDINDTR (Index) | -7.28 | -0.78 | -- | -- | -- | -- | -- | -21.67 |
| Performance Differential (NAV - Index) | -0.83 | 0.44 | -- | -- | -- | -- | -- | -0.89 |
Top 10 Holdings (%) as of 02/28/23
Daily Holdings| Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
|---|---|---|---|---|
| Infosys Ltd |
INFY US
|
6,031
|
108,196 | 7.77 |
| Reliance Industries Ltd |
RIGD LI
|
1,829
|
101,661 | 7.30 |
| Tata Consultancy Services Ltd |
TCS IN
|
2,497
|
99,970 | 7.18 |
| Hcl Technologies Ltd |
HCLT IN
|
6,541
|
85,173 | 6.11 |
| Bharti Airtel Ltd |
BHARTI IN
|
9,397
|
84,312 | 6.05 |
| Wipro Ltd |
WIT US
|
16,407
|
76,621 | 5.50 |
| Tech Mahindra Ltd |
TECHM IN
|
5,592
|
74,335 | 5.34 |
| Wns Holdings Ltd |
WNS US
|
800
|
69,536 | 4.99 |
| Larsen & Toubro Infotech Ltd |
LTIM IN
|
1,157
|
66,006 | 4.74 |
| Info Edge India Ltd |
INFOE IN
|
1,367
|
57,682 | 4.14 |
| Top 10 Total (%) | 59.11 | |||
Country Weightings (%)
as of 02/28/23
| Country | % of Net Assets |
|---|---|
| ● India | 98.63 |
| ● United States | 1.42 |
| ● Other/Cash | -0.05 |
Sector Weightings (%)
as of 02/28/23
| Sector | % of Net Assets |
|---|---|
| ● Information Technology | 63.91 |
| ● Communication Services | 16.81 |
| ● Energy | 7.30 |
| ● Consumer Discretionary | 5.20 |
| ● Industrials | 4.08 |
| ● Financials | 2.75 |
| ● Other/Cash | -0.05 |