VanEck India Growth Leaders ETF (GLIN)
VanEck India Growth Leaders ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $46.12, up 0.28% on the session, giving a market capitalisation of $99.9M. Its beta of 0.73 implies it has historically moved less than the broad market.
GLIN provides a unique exposure to Indian equities by focusing on growth companies. The eligible universe includes all companies listed and domiciled in India. The index provider calculates a daily average weighted score for each company based on four fundamental factors: growth, value, profitability and cash flow as derived from public filings. The top 80 fundamentally scored companies are selected for the index and weighted by market-cap. Similar to most ETFs providing Indian equity exposure, the fund invests via a subsidiary located in the Republic of Mauritius for fund tax purposes. Note: Prior to May 1, 2020, the fund was called VanEck India Small-Cap Index ETF, used the ticker SCIF, and tracked the MVIS India Small-Cap Index.
VanEck India Growth Leaders ETF is most often compared with the following Financial Services names: