ETF Evaluator:
VanEck Digital India ETF ()
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(as of Aug 26)
Best Performing in India Equity Over the Last Year
| 3.1% | VanEck India Growth Ldrs ETF (GLIN) |
| 1.7% | Matthews India Active ETF (INDE) |
| -0.8% | Simplify Tara India Opportunities ETF (IOPP) |
| -1.6% | First Trust India NIFTY 50 Equal Wtd ETF (NFTY) |
| -2.0% | Columbia India Consumer ETF (INCO) |
Risk
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Risk
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ETF Details
VanEck Digital India ETF Overview
VanEck Digital India ETF (DGIN) is a passively managed International Equity India Equity exchange-traded fund (ETF). VanEck launched the ETF in 2022.
The investment seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Digital India Index (the “Index”).
The fund normally invests at least 80% of its total assets in securities that comprise its benchmark index. The index consists of equity securities of companies involved in supporting the digitalization of the Indian economy. The fund is non-diversified.
About VanEck Digital India ETF (DGIN)
There are 2 members of the management team with an average tenure of 2.86 years: Peter Liao (2022) and Ralph Lasta (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MVIS Digital India USD index with a weighting of 100%. VanEck Digital India ETF has 33 securities in its portfolio. The top 10 holdings constitute 61.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
VanEck Digital India ETF is part of the Equity global asset class and is within the International Equity ETF group. VanEck Digital India ETF has 99.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 99.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). VanEck Digital India ETF has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $15 million in total assets, which is below the $708 million average for the India Equity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DGIN Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The VanEck Digital India ETF expense ratio is above average compared to funds in the India Equity category. VanEck Digital India ETF has an expense ratio of 0.70%, which is 1% higher than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. VanEck Digital India ETF has a portfolio turnover rate of 22%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 35% for the India Equity category.
Recently, in the month of July 2026, VanEck Digital India ETF returned 3.5%, which earned it a grade of A, as the India Equity category had an average return of 1.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
VanEck Digital India ETF has a trailing yield of 2.13%, which is above the 0.82% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
VanEck Digital India ETF Grades
Year to date, the ETF has returned -10.7%, 4.3 percentage points worse than the category, which translates into a grade of F. The fund has returned -9.6% over the past year (grade of F) and 5.8% over the past three years (grade of C).
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DGIN Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DGIN Return (NAV) | 3.5% | 8.1% | -9.6% | 5.8% | na | na |
| DGIN Return (Price) | 3.3% | 7.2% | -9.9% | 5.4% | na | na |
| NAV +/- Price Return | 0.211% | 0.899% | 0.329% | 0.411% | na | na |
| India Equity Avg | 1.6% | 3.3% | -4.7% | 5.3% | 4.9% | 6.8% |
| DGIN Grade (NAV) | A | A | F | C | na | na |
| +/- Category (NAV) | 2.0% | 4.8% | -4.9% | 0.4% | na | na |
| DGIN Tax-Cost Ratio | na | na | 0.7% | 0.3% | na | na |
DGIN Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DGIN Return (NAV) | -10.7% | -6.0% | 23.0% | 30.1% | na | na | na | na | na | na | na |
| DGIN Return (Price) | -11.1% | -6.0% | 22.6% | 30.3% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.034% | 0.002% | -0.021% | 0.007% | na | na | na | na | na | na | na |
| India Equity Avg | -6.4% | 0.7% | 12.4% | 26.7% | -9.8% | 26.5% | 13.6% | -0.2% | -13.5% | 44.0% | 0.8% |
| DGIN Grade (NAV) | F | F | A | C | na | na | na | na | na | na | na |
| +/- Category | -4.3% | -6.6% | 10.6% | 3.4% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.45 |
| R-Squared: | 12% |
| Standard Deviation: | 18.1% |
| Category Risk Index: | 1.10 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 1.48 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 2.1% |
| Total Assets: | $ 16 Mil |
| Share Class Assets: | $ 16 Mil |
| Turnover: | 22.0% |
| Expense Ratio: | 0.70% |
| Index Fund: | Yes |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.5 years | |||
| Average Tenure: 2.9 years | |||
| Managers (Year): Liao Peter (2022), Lasta Ralph (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 33 |
| % in Top 10 Holdings: | 61.1% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 99.8% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 99.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | VanEck |
| Phone Number: | 800-826-2333 |
| Website: | www.marketvectorsetfs.com |
| Inception Date: | February 15, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.70% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.69% |
