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GLINVanEck

VanEck India Growth Leaders ETF

$45.83+0.29% today
394852-WK

The fund invests substantially all of its assets in the Subsidiary, a wholly-owned subsidiary located in the Republic of Mauritius. The index is comprised of equity securities which are generally considered by the index provider to exhibit favorable fundamental characteristics according to the index provider’s proprietary scoring methodology.

Price & daily flows
46.043.540.945.83DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$31M OVER THIS RANGE

The desk’s read

Money is leaving — −$5M walked out over the past month, about 4.9% of the fund's asset base, while the price has returned -2.1% so far this year. At 0.87% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$93Massets under management
0.87%expense ratio · $87 per $10,000 a year
−$5Mnet flow, trailing month
6Kavg daily volume, 30 days
83holdings · US-domiciled
2010listed August 24, 2010
The book at a glance
BHE-1.0%CBK-0.4%INBK+2.1%WLCOEIM-0.3%HMCL4.0%POLYCAB3.9%MCX3.6%HDFCAMC3.0%IDBI2.9%SUEL2.9%LPC2.9%GVTD2.6%BOB2.6%UNBK2.0%MUTH1.8%NACL1.7%NMDC1.6%ZYDUSLIF1.5%IKS1.5%WAAREEEN1.3%NAM1.2%HCP1.0%LLOYDSME1.0%BOI1.0%TDPS1.0%SAILIFE1.0%BOMH0.9%PREMIERE0.7%NETWEBSYRMADATAPATT0.6%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1BHEBENCHMARK ELECTRONICS4.10%$72.64-1.0%
2CBKCOMMERCIAL BANCGROUP INC2.45%$33.81-0.4%
3INBKFIRST INTERNET BANCORP1.75%$29.20+2.1%
4WLCOWILCO 63 CORP1.27%$9.82+0.4%
5EIMEATON VANCE MUNICIPAL BOND FUND4.96%$9.58-0.3%
6HMCLJH MULTIFACTOR EM ETF3.95%
7POLYCABPolycab India Ltd3.85%
8MCXMULTI CMDTY EX OF IND LTD3.56%
9HDFCAMCHdfc Asset Management Co Ltd3.01%
10IDBIIDBI Bank Ltd2.90%
11SUELSuzlon Energy Ltd2.88%
12LPCLupin Ltd2.86%
13GVTDJH MULTIFACTOR EM ETF2.64%
14BOB2.64%
15UNBKUnion Bank of India Ltd2.05%

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Sector weights
Mutual fund100%
Financials28.29%
Financial Services27.98%
Technology22.83%
Information Technology21.7%
Consumer Discretionary15.31%
Consumer Cyclical11.29%
Industrials10.93%
Healthcare8.87%
Energy6.41%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
India100%
United States93.98%
Other69.85%
China0.55%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.1%
1 month+4.7%
3 months+2.4%
6 months-2.6%
YTD-2.1%
1 year+0.7%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month−$5M
3 months−$7M
YTD−$17M
1 year−$31M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JulOctNovDecJanFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
12%realized volatility, 30 days (annualized)
18%realized volatility, 1 year
-17.4%deepest fall from a peak, 1 year
-4.4%where it sits vs. that peak today

The top holding is 5.3% of the book; the top ten carry 45%. Spread across 80+ names, it behaves like roughly 34 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
5Kshares traded
Most-traded holdings, options premiumBullishBearish
BHE BENCHMARK ELECTRONICS$397$52,900
INBK FIRST INTERNET BANCORP$12,920$13,196

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against GLIN

Due diligence cuts both ways. These funds sit on the same shelf and beat GLIN on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-83bp on fee · 366× the assets · +$668M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-83bp on fee · 303× the assets · +$103M in over the monthHead-to-head
ILCG iShares Morningstar Growth ETF0.04%$3.3B+$7M-83bp on fee · 36× the assets · +$7M in over the monthHead-to-head
VUG Vanguard Growth Index Fund0.04%$135.5B-83bp on fee · 1464× the assetsHead-to-head
VTV Vanguard Value Index Fund0.04%$125.5B-83bp on fee · 1357× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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