GLIN
VanEck India Growth Leaders ETF
GLIN seeks to replicate the price and yield performance of the MarketGrader India All-Cap Growth Leaders Index, which consists of fundamentally sound Indian companies that exhibit attractive growth potential at a reasonable price.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 97.2 M
ASSETS UNDER MGMT
77 bp
EXPENSES
Fund Basics
| Inception date | Aug 25, 2010 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| HDFC ASSET MANAGEMENT CO. LTD. | 6.8 % |
| BSE LTD | 6.4 % |
| HINDUSTAN AERONAUTICS LIMITED | 4.9 % |
| TRENT LTD | 4.7 % |
| BHARTI AIRTEL LIMITED | 4.6 % |
| EICHER MOTORS LTD | 4.5 % |
| BHARAT ELECTRONICS LIMITED | 4.4 % |
| STATE BANK OF INDIA | 4.3 % |
| HERO HONDA MOTORS LIMITED | 4.1 % |
| POLYCAB INDIA LTD. | 3.9 % |
Constituent Breakdown
| Number of holdings | 84 |
| Herfindahl-Hirschman Index | 338 |
| Wgt avg mkt cap (mns) | $41,754 |
| Large cap (>$10bn) | 81.6% |
| Mid cap ($2-10bn) | 12.6% |
| Small cap (<$2bn) | 1.6% |
| Developed mkts. | 80.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
| INDIA | 79.4 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.7% | 2.6% | -2.7% | 10.8% | 5.5% | 1.2% | -- | -3.4% |
| Dividend Yield | 0.0% | 0.9% | 2.1% | 2.0% | 1.5% | 1.0% | -- | 1.0% |
| Total Returns | -1.7% | 3.4% | -0.6% | 12.8% | 7.0% | 2.2% | -- | -2.4% | Ann. Volatility | 22.6% | 17.8% | 18.8% | 17.3% | 18.1% | 23.6% | -- | 26.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.68 | 22% |
| MSCI EAFE | 0.68 | 31% |
| MSCI Emg Mkts | 0.57 | 35% |
Liquidity Measures
| Avg. volume (000) | 10 |
| ADV traded (mns) | $0 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.51% |
Technical Indicators
| 30d moving avg. (EMA) | $44.80 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 0.59/0.57 |
| Bollinger Bands (Upper/Lower) | $46.70/$44.35 |
| Short interest (% of AUM) | 0.5% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GLIN |
Expenses vs. GLIN |
ALTAR Score™ vs. GLIN |
|---|---|---|---|---|
| INCO | Columbia India Consumer ETF | 12.8% | -2 bp | -3.4% |
| EPI | WisdomTree India Earnings Fund | 11.7% | +8 bp | -0.9% |
| INDY | iShares India 50 ETF | 11.6% | +12 bp | -0.6% |
| INDA | iShares MSCI India ETF | 11.2% | -12 bp | -1.2% |
| FLIN | Franklin FTSE India ETF | 10.9% | -58 bp | -1.8% |
Risk and Returns: GLIN vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/14/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.3%
ALTAR SCORE™
30rd
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 203 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.5% and a standard deviation
of 2.2%. GLIN's ALTAR Score™ is approximately -0.5 standard
deviations above the category average. This places GLIN in the 30rd percentile
among funds in the category.
Sell-Side Consensus
$44.38
PRICE TARGET
-0.7%
UPSIDE