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VanEck Digital India ETF

DGIN
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 15 2022
Expense Ratio
0.71%
Type
Global Ex. US Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$67,590
AUM
$4,128,750
Associated Index
MVIS Digital India Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

INFY
Infosys Ltd - ADR
8.08%
RIGD.LON.GBP
Reliance Industries Limited Sponsored GDR 144A
7.84%
532540
Tata Consultancy Services Ltd.
7.35%
532454
Bharti Airtel Ltd.
6.73%
532281
HCL Technologies Ltd.
6.18%
EQTECHM
Tech Mahindra Ltd.
5.75%
ZOMATO
Zomato Ltd.
5.07%
EQLTIM
LTIMindtree Ltd.
4.51%
WIT
Wipro Ltd. - ADR
4.41%
533179
Persistent Systems Ltd.
3.43%
Invest with DGIN

What is DGIN?

VanEck Digital India ETF (DGIN) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS Digital India Index (MVDINDTR), which is intended to track the overall performance of companies involved in supporting the digitization of the Indian economy. Companies within the following categories, as defined by the Index Provider: software, hardware, information technology services and consulting, communications equipment and infrastructure, telecommunication services, internet applications, e-commerce sites including online financial services and electronic payment processing. The Index Provider may add additional categories to this list as the field of digitization evolves.

ETFs related toDGIN

ETFs correlated to DGIN include FLIN, PIN, INDA

DGIN
VanEck ETF Trust - VanEck Digital India ETF
FLIN
Franklin Templeton ETF Trust - Franklin FTSE India ETF
PIN
Invesco Capital Management LLC - Invesco India ETF
INDA
BlackRock Institutional Trust Company N.A. - iShares MSCI India ETF
EPI
WisdomTree Trust - WisdomTree India Earnings Fund
INDY
BlackRock Institutional Trust Company N.A. - iShares India 50 ETF
SMIN
BlackRock Institutional Trust Company N.A. - iShares MSCI India Small-Cap ETF
AMZY
Tidal Trust II - YieldMax AMZN Option Income Strategy ETF
EEMS
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Small-Cap ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
DNL
WisdomTree Trust - WisdomTree Global ex-U.S. Quality Dividend Growth Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

DGIN is a Global Ex. US Equities ETF. VanEck Digital India ETF (DGIN) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS Digital India Index (MVDINDTR), which is intended to track the overall performance of companies involved in supporting the digitization of the Indian economy. Companies within the following categories, as defined by the Index Provider: software, hardware, information technology services and consulting, communications equipment and infrastructure, telecommunication services, internet applications, e-commerce sites including online financial services and electronic payment processing. The Index Provider may add additional categories to this list as the field of digitization evolves.

DGIN tracks the MVIS Digital India Index.

No, DGIN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DGIN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DGIN is 0.0269%. This is the percent change in the value of DGIN over the most recent 1-month period. The 3-month return on DGIN is 0.0854%. This is the percent change in the value of DGIN over the most recent 3-month period.

The standard deviation of DGIN for the past year is 0.1594%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DGIN include PBW, IGF, and ARKK.

ETFs correlated to DGIN include FLIN, PIN, and INDA.

ETFs that are inversely correlated to DGIN include EPV, EFZ, and SPDN.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.