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Trending ETFs

Name

As of 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$48.53

$131 M

0.87%

$0.42

1.09%

Vitals

YTD Return

10.2%

1 yr return

46.9%

3 Yr Avg Return

10.8%

5 Yr Avg Return

4.4%

Net Assets

$131 M

Holdings in Top 10

48.5%

52 WEEK LOW AND HIGH

$48.2
$33.79
$48.62

Expenses

OPERATING FEES

Expense Ratio 1.09%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 67.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$48.53

$131 M

0.87%

$0.42

1.09%

GLIN - Profile

Distributions

  • YTD Total Return 10.2%
  • 3 Yr Annualized Total Return 10.8%
  • 5 Yr Annualized Total Return 4.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.22%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    VanEck India Growth Leaders ETF
  • Fund Family Name
    VANECKFUND
  • Inception Date
    Aug 25, 2010
  • Shares Outstanding
    1524967
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Liao

Fund Description

The Fund currently intends to achieve its investment objective by investing substantially all of its assets in the Subsidiary, a wholly-owned subsidiary located in the Republic of Mauritius (“Mauritius”). The Subsidiary in turn will normally invest at least 80% of its
total assets in securities that comprise the Fund’s benchmark index, and depositary receipts based on the securities in the Fund’s benchmark index. The India Index is comprised of equity securities which are generally considered by MarketGrader.com Corp. (the “Index provider”) to exhibit favorable fundamental characteristics according to the Index provider’s proprietary scoring methodology. For each company eligible for the India Index, the Index provider creates a numerical score based on indicators measuring four fundamental characteristics, derived from public company filings and stock prices. The four fundamental characteristics are growth, value, profitability and cash flow. The resulting score is a weighted average of these indicators. To be initially eligible for inclusion in the India Index, companies must be domiciled in India and listed on an eligible stock exchange, as determined by the Index provider. From this universe of companies, the top-ranked names according to the Index provider’s proprietary score are included, and then weighted according to their free-float market capitalization.
As of December 31, 2023, the India Index included 80 securities of companies with a market capitalization range of between approximately $0.2 billion and $165.9 billion and a weighted average market capitalization of $9.2 billion. These amounts are subject to change. The Fund’s 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders.
The Adviser serves as investment adviser to both the Fund and the Subsidiary. Except where otherwise indicated, the term “Fund,” as used throughout this Summary Section, refers to the Fund and/or the Subsidiary, as applicable.
The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the India Index by investing in a portfolio of securities that generally replicates the India Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the India Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the India Index.
The Fund may become “non-diversified” as defined under the Investment Company Act of 1940, as amended (the “Investment Company Act of 1940”), solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the India Index. This means that the Fund may invest a greater percentage of its assets in a limited number of issuers than would be the case if the Fund were always managed as a diversified management investment company. The Fund intends to be diversified in approximately the same proportion as the India Index. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status due solely to a change in the relative market capitalization or index weighting of one or more constituents of the India Index.
The Fund may concentrate its investments in a particular industry or group of industries to the extent that the India Index concentrates in an industry or group of industries. As of December 31, 2023, each of the information technology, financials and industrials sectors represented a significant portion of the Fund.
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GLIN - Performance

Return Ranking - Trailing

Period GLIN Return Category Return Low Category Return High Rank in Category (%)
YTD 10.2% 1.3% 13.4% 27.27%
1 Yr 46.9% 19.8% 46.9% 4.55%
3 Yr 10.8%* -6.5% 14.8% 31.82%
5 Yr 4.4%* -3.7% 15.6% 95.45%
10 Yr 1.6%* 1.6% 13.1% 100.00%

* Annualized

Return Ranking - Calendar

Period GLIN Return Category Return Low Category Return High Rank in Category (%)
2023 34.8% 8.3% 34.8% 9.09%
2022 -22.8% -36.8% -8.6% 81.82%
2021 29.6% 2.1% 42.6% 18.18%
2020 -0.5% -0.5% 17.9% 100.00%
2019 -22.6% -22.6% 13.6% 100.00%

Total Return Ranking - Trailing

Period GLIN Return Category Return Low Category Return High Rank in Category (%)
YTD 10.2% 1.3% 13.4% 27.27%
1 Yr 46.9% 19.8% 46.9% 4.55%
3 Yr 10.8%* -6.5% 14.8% 31.82%
5 Yr 4.4%* -3.7% 15.6% 95.45%
10 Yr 1.6%* 1.6% 13.1% 100.00%

* Annualized

Total Return Ranking - Calendar

Period GLIN Return Category Return Low Category Return High Rank in Category (%)
2023 36.1% 8.3% 36.1% 4.55%
2022 -21.5% -30.6% -3.4% 81.82%
2021 29.6% 2.1% 44.5% 18.18%
2020 -0.3% -0.3% 19.6% 100.00%
2019 -21.6% -21.6% 13.9% 100.00%

GLIN - Holdings

Concentration Analysis

GLIN Category Low Category High GLIN % Rank
Net Assets 131 M 131 M 9.1 B 100.00%
Number of Holdings 81 31 480 27.27%
Net Assets in Top 10 46.2 M 21.4 M 3.27 B 95.45%
Weighting of Top 10 48.51% 10.0% 62.2% 31.82%

Top 10 Holdings

  1. Coal India Ltd 6.24%
  2. Bharat Electronics Ltd 5.22%
  3. HCL Technologies Ltd 5.03%
  4. State Bank of India 4.75%
  5. Tata Consultancy Services Ltd 4.69%
  6. Varun Beverages Ltd 4.56%
  7. LTIMindtree Ltd 4.56%
  8. Shriram Finance Ltd 4.55%
  9. Eicher Motors Ltd 4.52%
  10. Dr Reddy's Laboratories Ltd 4.41%

Asset Allocation

Weighting Return Low Return High GLIN % Rank
Stocks
100.20% 96.62% 104.61% 31.82%
Preferred Stocks
0.00% 0.00% 0.00% 77.27%
Other
0.00% 0.00% 0.02% 72.73%
Convertible Bonds
0.00% 0.00% 0.00% 77.27%
Cash
0.00% 0.00% 3.38% 95.45%
Bonds
0.00% 0.00% 0.00% 81.82%

Stock Sector Breakdown

Weighting Return Low Return High GLIN % Rank
Basic Materials
33.39% 0.00% 33.39% 4.55%
Technology
27.04% 0.00% 27.04% 4.55%
Healthcare
17.46% 0.00% 17.46% 4.55%
Industrials
8.84% 0.00% 18.03% 18.18%
Communication Services
3.91% 0.00% 8.19% 40.91%
Consumer Cyclical
3.70% 3.70% 28.06% 100.00%
Energy
3.03% 0.00% 19.08% 77.27%
Financial Services
2.14% 0.00% 37.45% 95.45%
Consumer Defense
0.49% 0.49% 71.94% 100.00%
Utilities
0.00% 0.00% 9.15% 86.36%
Real Estate
0.00% 0.00% 4.03% 90.91%

Stock Geographic Breakdown

Weighting Return Low Return High GLIN % Rank
Non US
95.81% 84.28% 104.61% 81.82%
US
4.39% 0.00% 13.29% 22.73%

GLIN - Expenses

Operational Fees

GLIN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.09% 0.19% 2.30% 54.55%
Management Fee 0.50% 0.19% 1.25% 9.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.08% 0.20% N/A

Sales Fees

GLIN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.25% 5.50% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GLIN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GLIN Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 67.00% 10.73% 67.00% 100.00%

GLIN - Distributions

Dividend Yield Analysis

GLIN Category Low Category High GLIN % Rank
Dividend Yield 0.87% 0.00% 5.79% 27.27%

Dividend Distribution Analysis

GLIN Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

GLIN Category Low Category High GLIN % Rank
Net Income Ratio 0.22% -1.69% 1.15% 40.91%

Capital Gain Distribution Analysis

GLIN Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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GLIN - Fund Manager Analysis

Managers

Peter Liao


Start Date

Tenure

Tenure Rank

Aug 24, 2010

11.78

11.8%

Mr. Liao has been employed by Van Eck Associates Corporation as an analyst since the summer of 2004 and has been a portfolio manager since 2006. Mr. Liao graduated from New York University in 2004 with a Bachelor of Arts in Economics and Mathematics. He is a CFA charterholder.

Guo Hua (Jason) Jin


Start Date

Tenure

Tenure Rank

Mar 12, 2018

4.22

4.2%

Guo Hua (Jason) Jin has been employed by Van Eck Associates Corporation as an analyst since January 2007 and has been a portfolio manager since 2018. Mr. Jin graduated from the State University of New York at Buffalo in 2004 with a Bachelor of Science degree in Business Administration with a concentration in Financial Analysis.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.41 21.34 9.91 11.3