GLIN vs. FLAU

Last updated Aug 2, 2026

GLIN (VanEck Vectors India Growth Leaders ETF) and FLAU (Franklin FTSE Australia ETF) are both exchange-traded funds - GLIN is a India Equities fund tracking the MarketGrader India All-Cap Growth Leaders Index, while FLAU is a Australia Equities fund tracking the FTSE Australia RIC Capped Index. Both are passively managed. Over the past 5 years, GLIN returned 3.80%/yr vs 7.35%/yr for FLAU. Their 0.44 correlation means their historical movements had little consistent relationship. GLIN charges 0.82%/yr vs 0.09%/yr for FLAU.

Performance

GLIN vs. FLAU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors India Growth Leaders ETF (GLIN) and Franklin FTSE Australia ETF (FLAU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLIN achieves a -1.80% return, which is significantly lower than FLAU's 12.85% return.

GLIN

• 1D: 0.73%
• 1M: -1.96%
• 6M: -0.12%
• YTD: -1.80%
• 1Y: 2.61%
• 3Y*: 8.41%
• 5Y*: 3.80%
• 10Y*: 1.28%
• ALL TIME*: -2.36%

FLAU

• 1D: -1.59%
• 1M: 4.14%
• 6M: 6.83%
• YTD: 12.85%
• 1Y: 17.43%
• 3Y*: 12.73%
• 5Y*: 7.35%
• 10Y*: —
• ALL TIME*: 7.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLAU Franklin FTSE Australia ETF	$226.92K	$4.45M	$1.64M
GLIN VanEck Vectors India Growth Leaders ETF	$408.40K	$392.00K	$454.19K

GLIN vs. FLAU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLIN VanEck Vectors India Growth Leaders ETF	-1.80%	-5.47%	15.64%	36.13%	-21.46%	29.57%	-0.29%	-21.49%	-37.41%	6.47%
FLAU Franklin FTSE Australia ETF	12.85%	15.95%	1.81%	12.58%	-5.58%	9.90%	11.00%	23.38%	-10.17%	1.89%

Correlation

The correlation between GLIN and FLAU is 0.46, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.46
Correlation (3Y) Balances recent behavior with more history.	0.43
Correlation (5Y) Shows whether the relationship held over a longer period.	0.48
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.44

GLIN vs. FLAU - Sectors Allocation Comparison

Sectors	GLIN	FLAU
Financial Services	34.9%	37.3%
Industrials	23.3%	5.7%
Consumer Cyclical	15.1%	7.3%
Healthcare	8.7%	4.9%
Basic Materials	8.2%	25.3%
Communication Services	5.1%	1.8%
Technology	4.1%	1.8%
Utilities	3.6%	1.5%
Energy	2.1%	4.3%
Consumer Defensive	0.7%	4.2%
Real Estate	0.0%	5.9%

Return for Risk

GLIN vs. FLAU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GLIN

GLIN Risk / Return Rank: 14
GLIN Sharpe Ratio Rank: 14
GLIN Sortino Ratio Rank: 14
GLIN Omega Ratio Rank: 14
GLIN Calmar Ratio Rank: 14
GLIN Martin Ratio Rank: 15

FLAU

FLAU Risk / Return Rank: 42
FLAU Sharpe Ratio Rank: 40
FLAU Sortino Ratio Rank: 40
FLAU Omega Ratio Rank: 38
FLAU Calmar Ratio Rank: 48
FLAU Martin Ratio Rank: 44

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GLIN vs. FLAU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors India Growth Leaders ETF (GLIN) and Franklin FTSE Australia ETF (FLAU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GLIN	FLAU	Difference
Sharpe ratio: Return per unit of total volatility	0.16	1.00	-0.84
Sortino ratio: Return per unit of downside risk	0.35	1.47	-1.11
Omega ratio: Gain probability vs. loss probability	1.04	1.18	-0.14
Calmar ratio: Return relative to maximum drawdown	0.17	1.72	-1.55
Martin ratio: Return relative to average drawdown	0.59	4.81	-4.21

GLIN vs. FLAU - Sharpe Ratio Comparison

The current GLIN Sharpe Ratio is 0.16, which is lower than the FLAU Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of GLIN and FLAU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GLIN vs. FLAU - Drawdown Comparison

The maximum GLIN drawdown since its inception was -79.36%, which is greater than FLAU's maximum drawdown of -45.73%. Use the drawdown chart below to compare losses from any high point for GLIN and FLAU.

Drawdown Indicators

	GLIN	FLAU	Difference
Max Drawdown Largest peak-to-trough decline	-79.36%	-45.73%	-33.63%
Max Drawdown (1Y) Largest decline over 1 year	-17.07%	-10.01%	-7.06%
Max Drawdown (3Y) Largest decline over 3 years	-26.77%	-22.03%	-4.74%
Max Drawdown (5Y) Largest decline over 5 years	-30.97%	-24.68%	-6.29%
Max Drawdown (10Y) Largest decline over 10 years	-74.80%	—	—
Current Drawdown Current decline from peak	-44.18%	-1.59%	-42.59%
Average Drawdown Average peak-to-trough decline	-50.89%	-6.73%	-44.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.75%	3.56%	+1.19%

Volatility

GLIN vs. FLAU - Volatility Comparison

VanEck Vectors India Growth Leaders ETF (GLIN) has a higher volatility of 4.79% compared to Franklin FTSE Australia ETF (FLAU) at 4.53%. This indicates that GLIN's price experiences larger fluctuations and is considered to be riskier than FLAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLIN	FLAU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	4.53%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	15.62%	14.64%	+0.98%
Volatility (1Y) Calculated over the trailing 1-year period	18.24%	17.17%	+1.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.37%	19.66%	-1.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.64%	23.48%	+0.16%

GLIN vs. FLAU - Expense Ratio Comparison

GLIN has a 0.82% expense ratio, which is higher than FLAU's 0.09% expense ratio.

Dividends

GLIN vs. FLAU - Dividend Comparison

GLIN's dividend yield for the trailing twelve months is around 0.86%, less than FLAU's 3.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLAU Franklin FTSE Australia ETF	3.05%	3.25%	3.37%	3.62%	5.91%	5.14%	2.18%	4.37%	4.34%	0.18%	0.00%	0.00%
GLIN VanEck Vectors India Growth Leaders ETF	0.86%	0.84%	3.58%	0.96%	1.70%	0.00%	0.24%	1.42%	0.12%	0.10%	1.39%	3.11%

Frequently Asked Questions

Can I hold both GLIN and FLAU in my portfolio?

GLIN and FLAU have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLIN or FLAU?

GLIN has higher volatility (4.79%) compared to FLAU (4.53%). In terms of maximum drawdown, GLIN dropped -79.36% vs FLAU's -45.73%.

Which ETF is better, GLIN or FLAU?

On 5-year performance, FLAU leads with 7.35% vs 3.80% for GLIN. On fees, FLAU is cheaper at 0.09% per year. On volatility, FLAU has been the lower-risk option at 4.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GLIN or FLAU?

Over the 5-year period, FLAU has performed better with a 7.35% return vs 3.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GLIN or FLAU?

FLAU is cheaper with a 0.09% expense ratio, compared with 0.82% for GLIN.

Which ETF pays a higher dividend yield, GLIN or FLAU?

FLAU has the higher dividend yield at 3.05%, compared with 0.86% for GLIN.

What is the main difference between GLIN and FLAU?

GLIN is categorized as India Equities, while FLAU is Australia Equities. GLIN tracks MarketGrader India All-Cap Growth Leaders Index, while FLAU tracks FTSE Australia RIC Capped Index. They also come from different issuers: VanEck and Franklin Templeton. Their fees differ too: 0.82% for GLIN and 0.09% for FLAU.

Which has better risk-adjusted returns?

FLAU currently has the higher Sharpe Ratio (1.00 vs 0.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.