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GLIN
VanEck India Growth Leaders ETF

Fund Description

VanEck 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
  • Inception Date

    08/24/2010
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MGINGRNR
  • Index Rebalancing

    Semi-Annually

  as of 12/02/22

  • 30-Day SEC Yield1

    1.59%
  • Total Net Assets

    $51.7M
  • Number of Holdings

    82
  • Options

    Available
  • Gross Expense Ratio2

    1.00%
  • Net Expense Ratio/TER2

    0.82%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Fund Highlights

  • 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

    GLINNNV
  • Intraday NAV (IIV)4

    GLINNIV
  • Shares Outstanding

    1,474,967
  • Estimated Cash

    GLINEU
  • Total Cash

    GLINTC
  • CUSIP

    92189F767
  • ISIN

    US92189F7675
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.50%
  • Gross Expense Ratio

    1.00%
  • Fee Waivers and
    Expense Reimbursement

    -0.18%
  • Net Expense Ratio/TER2

    0.82%

2Expenses for GLIN are capped contractually at 0.75% until May 1, 2023. 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
  • 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 12/02/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
GLIN $35.08
$35.23
12,906
57,070
$0.11 / +0.31%
$0.07 / --
--
--
$0.14
0.41%
0.30%

Premium/Discount History as of 12/02/22

Calendar Year 2021 4Q 2021 1Q 2022 2Q 2022 3Q 2022 Premium/Discount Charts NAV & Prem/Discount History
GLIN Days closed at a premium 32 18 5 1 32
Days closed at NAV 1 1 1 0 0
Days closed at a discount 219 45 56 61 32

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/24/10
GLIN (NAV) 2.18 -3.66 -22.51 -20.47 0.16 -11.67 -1.43 -6.16
GLIN (Share Price) 2.62 -3.67 -21.92 -20.30 0.39 -11.77 -1.52 -6.15
MGINGRNR (Index) 1.90 -2.89 -23.04 -20.72 2.13 -10.46 -0.83 -5.62
Performance Differential (NAV - Index) 0.28 -0.77 0.53 0.25 -1.97 -1.21 -0.60 -0.54
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/24/10
GLIN (NAV) -5.39 2.55 -24.16 -23.75 0.41 -10.16 -2.21 -6.37
GLIN (Share Price) -5.16 4.75 -23.91 -23.38 0.07 -10.41 -2.24 -6.39
MGINGRNR (Index) -5.78 4.05 -24.48 -24.14 2.55 -8.85 -1.56 -5.80
Performance Differential (NAV - Index) 0.39 -1.50 0.32 0.39 -2.14 -1.31 -0.65 -0.57

Top 10 Holdings (%) as of 10/31/22

Daily Holdings
Total Holdings: 83
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Sun Pharmaceutical Industries Ltd
SUNP IN
221,244
2,718,371 5.59
Itc Ltd
ITC IN
595,338
2,510,142 5.16
Infosys Ltd
INFY US
133,658
2,503,414 5.15
Coal India Ltd
COAL IN
839,003
2,490,637 5.12
Oil & Natural Gas Corp Ltd
ONGC IN
1,449,216
2,341,035 4.81
Hindalco Industries Ltd
HNDL IN
463,686
2,271,632 4.67
Tata Steel Ltd
TATA IN
1,823,539
2,236,594 4.60
Divi's Laboratories Ltd
DIVI IN
50,814
2,216,520 4.56
Bharat Electronics Ltd
BHE IN
1,333,061
1,720,341 3.54
Vedanta Ltd
VEDL IN
465,429
1,577,135 3.24
Top 10 Total (%) 46.44
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%)
as of 10/31/22

Country % of Net Assets
India 99.22
United States 0.60
Other/Cash 0.18

Sector Weightings (%)
as of 10/31/22

Sector % of Net Assets
Materials 27.73
Information Technology 16.03
Energy 12.64
Industrials 12.61
Health Care 12.16
Consumer Staples 7.66
Communication Services 4.67
Consumer Discretionary 4.32
Financials 1.57
n/a 0.43
Other/Cash 0.18

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