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GLIN (formerly SCIF)
VanEck Vectors India Growth Leaders ETF

Fund Description

VanEck Vectors® India Growth Leaders ETF (GLIN) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader India All-Cap Growth Leaders Index (MGINGRNR), which consists of fundamentally sound Indian companies that exhibit attractive growth potential at a reasonable price.

 
 

  • Fund Ticker

    GLIN

  • Exchange

    NYSE Arca

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MGINGRNR

  • Index Rebalancing

    Semi-Annually

 
as of 04/14/21

  • 30-Day SEC Yield1

    -0.19%

  • Total Net Assets

    $69.5M

  • Number of Holdings

    82

  • Options

    Expected

  • Gross Expense Ratio2

    0.82%

  • Net Expense Ratio/TER2

    0.82%

  • Distribution Frequency

    Annual
Schedule a Call
How to Buy

Key Points

  • Access fundamentally sound Indian companies with attractive growth potential at a reasonable price (“GARP”)

  • Represents the entire Indian opportunity set regardless of size6

  • Potential to outperform traditional capitalization-weighted benchmarks by selecting top-ranked companies

Trading Information

  • Fund Ticker

    GLIN

  • Index Total Return
    Ticker

    MGINGRNR

  • NAV

    GLINNV

  • Intraday NAV (IIV)4

    GLINNIV

  • Shares Outstanding

    2,074,967

  • Estimated Cash

    GLINEU

  • Total Cash

    GLINTC

  • CUSIP

    92189F767

  • ISIN

    US92189F7675
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%

  • Other Expenses

    0.32%

  • Gross Expense Ratio

    0.82%

  • Fee Waivers and
    Expense Reimbursement

    --

  • Net Expense Ratio/TER2

    0.82%
2Expenses for GLIN are capped contractually at 0.85% until May 1, 2021. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • 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
  • 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
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 04/14/21

NAV/
Market Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change
NAV/
Last Price 		Premium/
Discount 		Prem/Discount
Distribution Charts 		NAV &
Prem/Discount
History 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
GLIN $33.50
$33.48		 6,029
4,031		 -$0.05 / -0.14%
$0.34 / +1.03%		 +1.70%
+2.60%
 $-0.02
-0.07%		 0.82%

Premium/Discount History as of 04/14/21

Calendar Year 2020 2Q 2020 3Q 2020 4Q 2020 1Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 33 16 4 2 13
GLIN Days closed at NAV 3 0 2 0 0
Days closed at a discount 217 47 58 62 48


Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/24/10
GLIN (NAV) 4.29 3.69 3.69 69.94 -15.27 -1.46 -5.59 -6.74
GLIN (Share Price) 4.82 4.05 4.05 71.62 -15.50 -1.73 -5.70 -6.79
MGINGRNR (Index) 4.64 4.09 4.09 75.92 -13.39 -0.71 -4.87 -6.16
Performance Differential (NAV - Index) -0.35 -0.40 -0.40 -5.98 -1.88 -0.75 -0.72 -0.58
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/24/10
GLIN (NAV) 4.29 3.69 3.69 69.94 -15.27 -1.46 -5.59 -6.74
GLIN (Share Price) 4.82 4.05 4.05 71.62 -15.50 -1.73 -5.70 -6.79
MGINGRNR (Index) 4.64 4.09 4.09 75.92 -13.39 -0.71 -4.87 -6.16
Performance Differential (NAV - Index) -0.35 -0.40 -0.40 -5.98 -1.88 -0.75 -0.72 -0.58

*Returns less than one year are not annualized.

**Index data prior to May 1, 2020 reflects that of the MVIS India Small Cap Index (MVSCIFTR). From May 1, 2020 forward, the index data reflects that of the Fund's underlying index, the MarketGrader India All Cap Growth Leaders Index (MGINGRNR). Index history which includes periods prior to May 1, 2020 links the performance of MVSCIFTR and MGINGRNR and is not intended for third party use.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

Top 10 Holdings (%) as of 03/31/21 Daily Holdings

Total Holdings: 83
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full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
ASIAN PAINTS LTD
APNT IN
105,765
3,679,872 5.19
TATA CONSULTANCY SERVICES LTD
TCS IN
83,986
3,659,427 5.16
HCL TECHNOLOGIES LTD
HCLT IN
263,307
3,548,894 5.01
INFOSYS LTD
INFY US
189,267
3,543,078 5.00
ULTRATECH CEMENT LTD
UTCEM IN
38,259
3,535,915 4.99
DR REDDY'S LABORATORIES LTD
DRRD IN
57,128
3,534,240 4.99
WIPRO LTD
WPRO IN
611,252
3,469,054 4.89
DIVI'S LABORATORIES LTD
DIVI IN
59,502
2,953,135 4.17
BAJAJ AUTO LTD
BJAUT IN
56,543
2,845,427 4.01
CIPLA LTD/INDIA
CIPLA IN
240,020
2,681,580 3.78
Top 10 Total (%) 47.19
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 03/31/21

  • Country

    % of Net Assets
  • ■

    India

    98.97
  • ■

    United States

    1.34
  • ■

    Other/Cash

    -0.31

Sector Weightings (%) as of 03/31/21

  • Sector

    % of Net Assets
  • ■

    Information Technology

    27.3
  • ■

    Health Care

    25.8
  • ■

    Materials

    23.4
  • ■

    Consumer Discretionary

    8.8
  • ■

    Industrials

    6.6
  • ■

    Financials

    5.1
  • ■

    Communication Services

    2.5
  • ■

    Utilities

    0.7
  • ■

    Consumer Staples

    0.0
  • ■

    Other/Cash

    -0.3