DGIN vs. GLIN
Compare and contrast key facts about VanEck Digital India ETF (DGIN) and VanEck Vectors India Growth Leaders ETF (GLIN).
DGIN and GLIN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DGIN is a passively managed fund by VanEck that tracks the performance of the MVIS Digital India. It was launched on Feb 15, 2022. GLIN is a passively managed fund by VanEck that tracks the performance of the MarketGrader India All-Cap Growth Leaders Index. It was launched on Aug 24, 2010. Both DGIN and GLIN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGIN or GLIN.
Key characteristics
| DGIN | GLIN | |
|---|---|---|
| YTD Return | 18.37% | 18.03% |
| 1Y Return | 30.09% | 35.29% |
| Sharpe Ratio | 1.83 | 1.99 |
| Sortino Ratio | 2.48 | 2.53 |
| Omega Ratio | 1.33 | 1.39 |
| Calmar Ratio | 2.34 | 0.62 |
| Martin Ratio | 10.58 | 14.22 |
| Ulcer Index | 2.86% | 2.40% |
| Daily Std Dev | 16.55% | 17.16% |
| Max Drawdown | -28.61% | -79.39% |
| Current Drawdown | -7.30% | -38.70% |
Correlation
The correlation between DGIN and GLIN is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DGIN vs. GLIN - Performance Comparison
The year-to-date returns for both stocks are quite close, with DGIN having a 18.37% return and GLIN slightly lower at 18.03%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DGIN vs. GLIN - Expense Ratio Comparison
DGIN has a 0.76% expense ratio, which is lower than GLIN's 0.82% expense ratio.
Risk-Adjusted Performance
DGIN vs. GLIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Digital India ETF (DGIN) and VanEck Vectors India Growth Leaders ETF (GLIN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DGIN vs. GLIN - Dividend Comparison
DGIN's dividend yield for the trailing twelve months is around 0.21%, less than GLIN's 0.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGIN VanEck Digital India ETF | 0.21% | 0.24% | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLIN VanEck Vectors India Growth Leaders ETF | 0.81% | 0.96% | 1.70% | 0.00% | 0.24% | 1.29% | 0.12% | 0.10% | 1.39% | 3.11% | 0.97% | 0.44% |
Drawdowns
DGIN vs. GLIN - Drawdown Comparison
The maximum DGIN drawdown since its inception was -28.61%, smaller than the maximum GLIN drawdown of -79.39%. Use the drawdown chart below to compare losses from any high point for DGIN and GLIN. For additional features, visit the drawdowns tool.
Volatility
DGIN vs. GLIN - Volatility Comparison
VanEck Digital India ETF (DGIN) has a higher volatility of 4.85% compared to VanEck Vectors India Growth Leaders ETF (GLIN) at 4.11%. This indicates that DGIN's price experiences larger fluctuations and is considered to be riskier than GLIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.