Name
As of 12/20/2024Price
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
Vitals
YTD Return
17.2%
1 yr return
17.6%
3 Yr Avg Return
8.9%
5 Yr Avg Return
11.0%
Net Assets
$161 M
Holdings in Top 10
49.7%
52 WEEK LOW AND HIGH
$52.0
$43.66
$55.45
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 12/20/2024Price
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
GLIN - Profile
Distributions
- YTD Total Return 17.2%
- 3 Yr Annualized Total Return 8.9%
- 5 Yr Annualized Total Return 11.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.22%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVanEck India Growth Leaders ETF
-
Fund Family NameVANECKFUND
-
Inception DateAug 25, 2010
-
Shares Outstanding1524967
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter 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.
GLIN - Performance
Return Ranking - Trailing
| Period | GLIN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.2% | -2.8% | 19.7% | 22.73% |
| 1 Yr | 17.6% | -1.0% | 21.8% | 22.73% |
| 3 Yr | 8.9%* | -7.1% | 12.0% | 22.73% |
| 5 Yr | 11.0%* | -4.4% | 19.3% | 50.00% |
| 10 Yr | 2.7%* | 0.5% | 11.6% | 94.74% |
* 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 | 17.2% | -2.8% | 19.7% | 22.73% |
| 1 Yr | 17.6% | -1.0% | 21.8% | 22.73% |
| 3 Yr | 8.9%* | -7.1% | 12.0% | 22.73% |
| 5 Yr | 11.0%* | -4.4% | 19.3% | 50.00% |
| 10 Yr | 2.7%* | 0.5% | 11.6% | 94.74% |
* 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 | 161 M | 161 M | 10.4 B | 100.00% |
| Number of Holdings | 81 | 31 | 500 | 27.27% |
| Net Assets in Top 10 | 81.8 M | 64.1 M | 4.01 B | 95.45% |
| Weighting of Top 10 | 49.75% | 10.2% | 66.0% | 31.82% |
Top 10 Holdings
- Bajaj Auto Ltd 5.53%
- Trent Ltd 5.23%
- Coal India Ltd 5.11%
- ICICI Bank Ltd 5.06%
- Dr Reddy's Laboratories Ltd 5.00%
- HCL Technologies Ltd 4.97%
- IndusInd Bank Ltd 4.96%
- State Bank of India 4.95%
- Tata Consultancy Services Ltd 4.66%
- Infosys Ltd 4.28%
Asset Allocation
| Weighting | Return Low | Return High | GLIN % Rank | |
|---|---|---|---|---|
| Stocks | 101.18% | 96.62% | 105.74% | 59.09% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 86.36% |
| Other | 0.00% | -0.02% | 0.00% | 81.82% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 86.36% |
| Cash | 0.00% | 0.00% | 3.38% | 86.36% |
| Bonds | 0.00% | 0.00% | 0.00% | 86.36% |
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% | 90.91% |
| Real Estate | 0.00% | 0.00% | 4.03% | 90.91% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GLIN % Rank | |
|---|---|---|---|---|
| Non US | 96.90% | 87.85% | 105.42% | 68.18% |
| US | 4.28% | 0.00% | 13.50% | 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 | 0.82% | 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
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2023 | $0.424 | OrdinaryDividend |
| Dec 19, 2022 | $0.556 | OrdinaryDividend |
| Dec 21, 2020 | $0.078 | OrdinaryDividend |
| Dec 23, 2019 | $0.424 | OrdinaryDividend |
| Dec 20, 2018 | $0.049 | OrdinaryDividend |
| Dec 18, 2017 | $0.070 | OrdinaryDividend |
| Dec 19, 2016 | $0.566 | OrdinaryDividend |
| Dec 21, 2015 | $1.346 | OrdinaryDividend |
| Dec 22, 2014 | $0.435 | OrdinaryDividend |
| Dec 23, 2013 | $0.139 | OrdinaryDividend |
| Dec 24, 2012 | $0.052 | OrdinaryDividend |
| Dec 23, 2011 | $0.640 | OrdinaryDividend |
| Dec 23, 2011 | $0.020 | CapitalGainShortTerm |
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 |