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 06/29/22
-
30-Day SEC Yield1
0.32% -
Total Net Assets
$1.5M -
Number of Holdings
35 -
Options
No -
Gross Expense Ratio2
0.75% -
Net Expense Ratio/TER2
0.75% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
- 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%
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
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
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
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) | -7.06 | -11.41 | -14.53 | -- | -- | -- | -- | -14.53 |
DGIN (Share Price) | -6.70 | -11.71 | -14.32 | -- | -- | -- | -- | -14.32 |
MVDINDTR (Index) | -7.47 | -10.54 | -- | -- | -- | -- | -- | -13.88 |
Performance Differential (NAV - Index) | 0.41 | -0.87 | -- | -- | -- | -- | -- | -0.65 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 02/15/22 |
|
---|---|---|---|---|---|---|---|---|
DGIN (NAV) | 5.24 | -- | -- | -- | -- | -- | -- | 1.54 |
DGIN (Share Price) | 5.06 | -- | -- | -- | -- | -- | -- | 1.96 |
MVDINDTR (Index) | 6.54 | -- | -- | -- | -- | -- | -- | 2.55 |
Performance Differential (NAV - Index) | -1.30 | -- | -- | -- | -- | -- | -- | -1.01 |
Top 10 Holdings (%) as of 05/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Reliance Industries Ltd |
RIGD LI |
2,284 |
153,666 | 9.92 |
Bharti Airtel Ltd |
BHARTI IN |
12,690 |
114,073 | 7.36 |
Tata Consultancy Services Ltd |
TCS IN |
2,601 |
112,160 | 7.24 |
Infosys Ltd |
INFY US |
5,901 |
111,293 | 7.18 |
Hcl Technologies Ltd |
HCLT IN |
6,849 |
91,336 | 5.90 |
Wipro Ltd |
WIT US |
12,759 |
76,299 | 4.93 |
Info Edge India Ltd |
INFOE IN |
1,331 |
71,080 | 4.59 |
Tech Mahindra Ltd |
TECHM IN |
4,486 |
67,825 | 4.38 |
Mphasis Ltd |
MPHL IN |
1,890 |
62,903 | 4.06 |
Wns Holdings Ltd |
WNS US |
803 |
58,434 | 3.77 |
Top 10 Total (%) | 59.33 |
Country Weightings (%) as of 05/31/22
-
Country
% of Net Assets -
■
India
98.36 -
■
United States
1.45 -
■
Other/Cash
0.19
Sector Weightings (%) as of 05/31/22
-
Sector
% of Net Assets -
■
Information Technology
60.5 -
■
Communication Services
18.4 -
■
Energy
9.9 -
■
Consumer Discretionary
6.1 -
■
Industrials
2.6 -
■
Financials
2.2 -
■
Other/Cash
0.2