The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader India All-Cap Growth Leaders Index... Show more
The VanEck India Growth Leaders ETF (GLIN) seeks to replicate, before fees and expenses, the price and yield performance of the MarketGrader India All-Cap Growth Leaders Index. The index is composed of fundamentally sound Indian companies selected using a proprietary GARP methodology that balances growth potential against reasonable valuations, rather than a simple market-capitalization weighting. The fund is passively managed and holds roughly 83 securities, with total net assets in the range of $85–$95 million. Its net expense ratio is 0.72% (gross 0.80%).
Portfolio exposure is concentrated in Indian financials (about 35%), industrials (about 25%), and consumer discretionary (about 15%), with smaller weightings in health care, materials, communication services, and information technology. Among the largest holdings are BSE Ltd, Eicher Motors, Hindustan Aeronautics, Trent Ltd, Bharti Airtel, State Bank of India, Bharat Electronics, Polycab India, Multi Commodity Exchange of India, and Hero MotoCorp; US-listed positions include HDFC Bank (HDB), Infosys (INFY), and ICICI Bank (IBN). This tilt toward banks, exchanges, autos, and defense-linked industrials explains why the fund is highly sensitive to the direction of Indian financial and industrial equities.
Over the most recent 30-day period, GLIN climbed about +10.4%, from roughly $42.09 to approximately $46.45. The move was not linear: the fund bottomed near its early-October low and then staged a sharp, sustained rebound into early November. This was a trend-driven recovery following a pullback, rather than a gradual grind higher.
By contrast, the trailing three-month window tells a more muted story. From an early-August level near $46 to roughly $46.45 in early November, the fund was essentially flat at about +1%. Within that period, GLIN first declined to the low-$42 area in late September and early October before recovering. The result was a range-bound and volatile quarter, with the recent 30-day advance representing a retracement of the earlier drawdown.
The 30-day advance was primarily a rebound from a compressed starting point. Because GLIN carries roughly 60% of its weight in financials and industrials, the recovery has been closely tied to Indian banking, capital-markets, and industrial names. Large positions such as BSE Ltd and Multi Commodity Exchange of India reflect exposure to India's exchange and trading infrastructure, while State Bank of India, HDFC Bank (HDB), and ICICI Bank (IBN) anchor the financials sleeve. Defense and industrial holdings, including Hindustan Aeronautics and Bharat Electronics, add sensitivity to government capital expenditure and manufacturing themes.
On the consumer side, automakers Eicher Motors and Hero MotoCorp and retailer Trent Ltd contributed to the discretionary allocation. The rapid recovery in these cyclical, high-beta segments suggests improved risk appetite toward Indian equities over the period, although the fund's movement remains a function of its concentrated sector mix rather than any single holding.
Over the trailing quarter, GLIN was range-bound and roughly unchanged. The fund's early-period softness into late September and early October pulled it toward the $42 level, consistent with broader caution in emerging-market and Indian equities, before the subsequent recovery restored most of the losses. The fund's structural overweight to financials and industrials amplified both the drawdown and the rebound, since these cyclical segments tend to move more than defensive areas.
Longer-term positioning in banks, exchanges, autos, and defense-related industrials means GLIN's quarter was shaped less by idiosyncratic news and more by the general direction of Indian cyclical equities and investor sentiment toward emerging markets. The 52-week NAV (net asset value) range of roughly $47.49 to $39.10 underscores the fund's inherent volatility.
Tickeron's AI Screener is an AI-powered stock and ETF discovery platform that helps investors scan thousands of securities using technical indicators, fundamentals, volatility metrics, price patterns, industry filters, AI-generated signals, and performance characteristics. Rather than reviewing securities one by one, users can apply customizable criteria to surface trending securities, breakout candidates, and shifting market conditions more efficiently. The screener is designed to support systematic research across sectors and themes, complementing traditional ETF analysis. Investors interested in a more automated approach to idea generation may find the AI Screener a useful addition to their research workflow.
Going forward, the key factors for GLIN remain tied to the Indian equity market and the fund's cyclical tilt. Investors should monitor the direction of Indian financials and banking-sector credit conditions, given the portfolio's roughly 35% financials weighting. Industrial and defense-related holdings will likely remain sensitive to government capital expenditure trends and manufacturing activity. Consumer discretionary names, including automakers and retail, add exposure to domestic consumption and demand.
Broader macro variables—including global interest-rate expectations, inflation trends, the US dollar, and emerging-market capital flows—can also influence the fund through currency effects and foreign-investor sentiment. Because GLIN is concentrated in cyclical sectors and single-country exposure to India, it carries elevated volatility and concentration risk. Investors should watch fund flows, sector rotation within Indian equities, and any regulatory or policy developments affecting the fund's core financial and industrial holdings. The article does not provide price predictions or investment recommendations.
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
The 10-day moving average for GLIN crossed bullishly above the 50-day moving average on November 04, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 16 of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 84%.
The Momentum Indicator moved above the 0 level on November 02, 2026. You may want to consider a long position or call options on GLIN as a result. In 47 of 66 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 71%.
The Moving Average Convergence Divergence (MACD) for GLIN just turned positive on October 13, 2026. Looking at past instances where GLIN's MACD turned positive, the stock continued to rise in 40 of 48 cases over the following month. The odds of a continued upward trend are 83%.
GLIN moved above its 50-day moving average on October 29, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +2.87% 3-day Advance, the price is estimated to grow further. Considering data from situations where GLIN advanced for three days, in 232 of 297 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
The Aroon Indicator entered an Uptrend today. In 230 of 284 cases where GLIN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 81%.
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for GLIN moved below the 200-day moving average on October 08, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
GLIN broke above its upper Bollinger Band on November 09, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows