INDQ vs. GLIN
INDQ (Pacer ActiveAlpha India Quality ETF) and GLIN (VanEck Vectors India Growth Leaders ETF) are both exchange-traded funds - INDQ is a Quality Factor fund actively managed by Pacer, while GLIN is a India Equities fund tracking the MarketGrader India All-Cap Growth Leaders Index. INDQ is actively managed, while GLIN is passively managed. Their 0.79 correlation means they have sometimes moved together and sometimes differently. INDQ charges 0.88%/yr vs 0.82%/yr for GLIN.
Performance
INDQ vs. GLIN - Performance Comparison
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Returns By Period
INDQ
- 1D
- 1.73%
- 1M
- -1.84%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
GLIN
- 1D
- 1.91%
- 1M
- -2.65%
- 6M
- 1.02%
- YTD
- -2.48%
- 1Y
- -1.34%
- 3Y*
- 8.33%
- 5Y*
- 3.88%
- 10Y*
- 1.00%
- ALL TIME*
- -2.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $434.98K | $383.90K | $453.58K | |
| $12.77K | $11.88K | $46.17K |
INDQ vs. GLIN - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
INDQ Pacer ActiveAlpha India Quality ETF | 2.93% |
GLIN VanEck Vectors India Growth Leaders ETF | 10.87% |
Correlation
The correlation between INDQ and GLIN is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 1, 2026 | 0.79 |
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Return for Risk
INDQ vs. GLIN — Risk / Return Rank
INDQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GLIN
INDQ vs. GLIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer ActiveAlpha India Quality ETF (INDQ) 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.
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.
| INDQ | GLIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.00 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.08 | — |
| Martin ratioReturn relative to average drawdown | — | -0.29 | — |
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Drawdowns
INDQ vs. GLIN - Drawdown Comparison
The maximum INDQ drawdown since its inception was -9.46%, smaller than the maximum GLIN drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for INDQ and GLIN.
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Drawdown Indicators
| INDQ | GLIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.46% | -79.36% | +69.90% |
Max Drawdown (1Y)Largest decline over 1 year | — | -17.07% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.80% | — |
Current DrawdownCurrent decline from peak | -6.30% | -44.57% | +38.27% |
Average DrawdownAverage peak-to-trough decline | -3.93% | -50.89% | +46.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.77% | — |
Volatility
INDQ vs. GLIN - Volatility Comparison
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Volatility by Period
| INDQ | GLIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.62% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.63% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.97% | 18.37% | +0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.97% | 18.37% | +0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.97% | 23.65% | -4.68% |
INDQ vs. GLIN - Expense Ratio Comparison
INDQ has a 0.88% expense ratio, which is higher than GLIN's 0.82% expense ratio.
Dividends
INDQ vs. GLIN - Dividend Comparison
INDQ has not paid dividends to shareholders, while GLIN's dividend yield for the trailing twelve months is around 0.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
INDQ Pacer ActiveAlpha India Quality ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
INDQ and GLIN have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLIN is cheaper at 0.82% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLIN is cheaper with a 0.82% expense ratio, compared with 0.88% for INDQ.
GLIN has the higher dividend yield at 0.86%, compared with 0.00% for INDQ.
INDQ is categorized as Quality Factor, while GLIN is India Equities. They also come from different issuers: Pacer and VanEck. Their fees differ too: 0.88% for INDQ and 0.82% for GLIN.
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