GLIN vs. INDF
Compare and contrast key facts about VanEck Vectors India Growth Leaders ETF (GLIN) and Nifty India Financials ETF (INDF).
GLIN and INDF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. INDF is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Nifty Financial Services 25/50 Index. It was launched on Oct 20, 2020. Both GLIN and INDF 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: GLIN or INDF.
Correlation
The correlation between GLIN and INDF is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GLIN vs. INDF - Performance Comparison
Key characteristics
GLIN:
1.03
INDF:
0.45
GLIN:
1.43
INDF:
0.70
GLIN:
1.21
INDF:
1.10
GLIN:
0.36
INDF:
0.81
GLIN:
5.09
INDF:
2.08
GLIN:
3.44%
INDF:
3.94%
GLIN:
17.05%
INDF:
18.31%
GLIN:
-79.39%
INDF:
-25.58%
GLIN:
-39.20%
INDF:
-9.41%
Returns By Period
In the year-to-date period, GLIN achieves a 17.08% return, which is significantly higher than INDF's 7.90% return.
GLIN
17.08%
1.15%
1.89%
17.53%
10.70%
2.65%
INDF
7.90%
-1.42%
-2.68%
8.21%
N/A
N/A
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GLIN vs. INDF - Expense Ratio Comparison
GLIN has a 0.82% expense ratio, which is higher than INDF's 0.75% expense ratio.
Risk-Adjusted Performance
GLIN vs. INDF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors India Growth Leaders ETF (GLIN) and Nifty India Financials ETF (INDF). 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
GLIN vs. INDF - Dividend Comparison
GLIN's dividend yield for the trailing twelve months is around 3.53%, less than INDF's 8.19% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
VanEck Vectors India Growth Leaders ETF | 3.53% | 0.96% | 1.70% | 0.00% | 0.24% | 1.29% | 0.12% | 0.10% | 1.39% | 3.11% | 0.97% | 0.44% |
Nifty India Financials ETF | 0.00% | 8.84% | 3.12% | 1.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GLIN vs. INDF - Drawdown Comparison
The maximum GLIN drawdown since its inception was -79.39%, which is greater than INDF's maximum drawdown of -25.58%. Use the drawdown chart below to compare losses from any high point for GLIN and INDF. For additional features, visit the drawdowns tool.
Volatility
GLIN vs. INDF - Volatility Comparison
The current volatility for VanEck Vectors India Growth Leaders ETF (GLIN) is 3.62%, while Nifty India Financials ETF (INDF) has a volatility of 3.96%. This indicates that GLIN experiences smaller price fluctuations and is considered to be less risky than INDF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.