XID.TO vs. GLIN

Last updated Apr 1, 2026

Compare and contrast key facts about iShares India Index ETF (XID.TO) and VanEck Vectors India Growth Leaders ETF (GLIN).

XID.TO and GLIN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XID.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Jan 21, 2010. 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 XID.TO 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.

Performance

XID.TO vs. GLIN - Performance Comparison

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

XID.TO vs. GLIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XID.TO iShares India Index ETF	-13.04%	-0.28%	12.36%	14.07%	-0.64%	17.51%	7.86%	4.33%	3.73%	26.87%
GLIN VanEck Vectors India Growth Leaders ETF	-10.85%	-9.81%	25.58%	33.13%	-15.86%	28.40%	-1.98%	-25.35%	-32.10%	55.93%

Different Trading Currencies

XID.TO is traded in CAD, while GLIN is traded in USD. To make them comparable, the GLIN values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XID.TO achieves a -13.04% return, which is significantly lower than GLIN's -10.85% return. Over the past 10 years, XID.TO has outperformed GLIN with an annualized return of 7.36%, while GLIN has yielded a comparatively lower 2.06% annualized return.

XID.TO

• 1D: 3.13%
• 1M: -8.71%
• YTD: -13.04%
• 6M: -10.34%
• 1Y: -12.98%
• 3Y*: 4.65%
• 5Y*: 4.40%
• 10Y*: 7.36%

GLIN

• 1D: 3.86%
• 1M: -11.07%
• YTD: -10.85%
• 6M: -8.50%
• 1Y: -7.78%
• 3Y*: 11.42%
• 5Y*: 7.14%
• 10Y*: 2.06%

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

XID.TO vs. GLIN - Expense Ratio Comparison

XID.TO has a 1.08% expense ratio, which is higher than GLIN's 0.82% expense ratio.

XID.TO

iShares India Index ETF

GLIN

VanEck Vectors India Growth Leaders ETF

Return for Risk

XID.TO vs. GLIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XID.TO

XID.TO Risk / Return Rank: 1
XID.TO Sharpe Ratio Rank: 1
XID.TO Sortino Ratio Rank: 1
XID.TO Omega Ratio Rank: 2
XID.TO Calmar Ratio Rank: 2
XID.TO Martin Ratio Rank: 0

GLIN

GLIN Risk / Return Rank: 7
GLIN Sharpe Ratio Rank: 7
GLIN Sortino Ratio Rank: 7
GLIN Omega Ratio Rank: 7
GLIN Calmar Ratio Rank: 8
GLIN Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XID.TO vs. GLIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares India Index ETF (XID.TO) 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.

	XID.TO	GLIN	Difference
Sharpe ratio Return per unit of total volatility	-0.84	-0.43	-0.41
Sortino ratio Return per unit of downside risk	-1.19	-0.50	-0.69
Omega ratio Gain probability vs. loss probability	0.87	0.94	-0.07
Calmar ratio Return relative to maximum drawdown	-0.66	-0.41	-0.25
Martin ratio Return relative to average drawdown	-2.07	-1.39	-0.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XID.TO vs. GLIN - Sharpe Ratio Comparison

The current XID.TO Sharpe Ratio is -0.84, which is lower than the GLIN Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of XID.TO and GLIN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XID.TO	GLIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.84	-0.43	-0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.43	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.09	+0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	-0.06	+0.39

Correlation

The correlation between XID.TO and GLIN is 0.73, 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.

Dividends

XID.TO vs. GLIN - Dividend Comparison

XID.TO's dividend yield for the trailing twelve months is around 16.47%, more than GLIN's 0.96% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XID.TO iShares India Index ETF	16.47%	14.32%	0.17%	0.42%	3.45%	6.82%	0.03%	0.43%	0.39%	0.16%	0.36%	0.36%
GLIN VanEck Vectors India Growth Leaders ETF	0.96%	0.84%	3.58%	0.96%	1.70%	0.00%	0.24%	1.42%	0.12%	0.10%	1.39%	3.11%

Drawdowns

XID.TO vs. GLIN - Drawdown Comparison

The maximum XID.TO drawdown since its inception was -42.26%, smaller than the maximum GLIN drawdown of -74.61%. Use the drawdown chart below to compare losses from any high point for XID.TO and GLIN.

Drawdown Indicators

	XID.TO	GLIN	Difference
Max Drawdown Largest peak-to-trough decline	-42.26%	-79.36%	+37.10%
Max Drawdown (1Y) Largest decline over 1 year	-18.75%	-18.56%	-0.19%
Max Drawdown (5Y) Largest decline over 5 years	-20.11%	-30.97%	+10.86%
Max Drawdown (10Y) Largest decline over 10 years	-39.46%	-74.80%	+35.34%
Current Drawdown Current decline from peak	-17.61%	-50.00%	+32.39%
Average Drawdown Average peak-to-trough decline	-10.36%	-51.04%	+40.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.99%	5.66%	+0.33%

Volatility

XID.TO vs. GLIN - Volatility Comparison

iShares India Index ETF (XID.TO) and VanEck Vectors India Growth Leaders ETF (GLIN) have volatilities of 7.36% and 7.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XID.TO	GLIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.36%	7.69%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	11.32%	12.61%	-1.29%
Volatility (1Y) Calculated over the trailing 1-year period	15.46%	17.98%	-2.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.34%	16.79%	-2.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.18%	22.23%	-4.05%