Vaneck Etf Trust Etf Profile
DGIN Etf | USD 45.13 0.13 0.29% |
Performance0 of 100
| Odds Of DistressLess than 9
|
VanEck ETF is selling at 45.13 as of the 28th of November 2024; that is 0.29 percent up since the beginning of the trading day. The etf's open price was 45.0. VanEck ETF has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for VanEck ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise its benchmark index. Vaneck ETF is traded on NYSEARCA Exchange in the United States. More on VanEck ETF Trust
Moving together with VanEck Etf
0.87 | INDA | iShares MSCI India | PairCorr |
0.84 | EPI | WisdomTree India Earnings | PairCorr |
0.9 | INDSX | Financial Investors Trust | PairCorr |
0.84 | SMIN | iShares MSCI India | PairCorr |
0.86 | PIN | Invesco India ETF | PairCorr |
0.87 | FLIN | Franklin FTSE India | PairCorr |
Moving against VanEck Etf
VanEck Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Theme ETFs, India Equity, VanEck (View all Sectors) |
Issuer | Van Eck |
Inception Date | 2022-02-15 |
Benchmark | MVIS Digital India Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 28.18 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Theme |
Market Concentration | Emerging Markets |
Region | Asia-Pacific |
Administrator | Van Eck Associates Corporation |
Advisor | Van Eck Associates Corporation |
Custodian | State Street Bank and Trust Company |
Distributor | Van Eck Securities Corporation |
Portfolio Manager | Peter H. Liao, Guo Hua Jin |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Dec |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 47.0 |
Market Maker | Susquehanna |
Total Expense | 0.76 |
Management Fee | 0.7 |
Country Name | USA |
Returns Y T D | 24.33 |
Name | VanEck ETF Trust |
Currency Code | USD |
Open Figi | BBG015C8SN50 |
1y Volatility | 14.93 |
200 Day M A | 41.1712 |
50 Day M A | 44.2218 |
Code | DGIN |
Updated At | 27th of November 30230 |
Currency Name | US Dollar |
Type | ETF |
VanEck ETF Trust [DGIN] is traded in USA and was established 2022-02-15. The fund is listed under India Equity category and is part of VanEck family. The entity is thematically classified as Strategy ETFs. VanEck ETF Trust currently have 1.41 M in assets under management (AUM). , while the total return for the last year was 33.0%.
Check VanEck ETF Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck ETF Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck ETF Trust Currency Exposure
VanEck ETF Trust holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck ETF will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck ETF Trust.
Top VanEck ETF Trust Etf Constituents
RLI | Reliance Industries Limited | Stock | Oil & Gas Refining & Marketing | |
TEJASNET | Tejas Networks Limited | Stock | Information Technology | |
MMYT | MakeMyTrip Limited | Stock | Consumer Discretionary | |
CAMS | Computer Age Management | Stock | Information Technology | |
REDINGTON | Redington Limited | Stock | Information Technology | |
TATAELXSI | Tata Elxsi Limited | Stock | Information Technology | |
ANGELONE | Angel One Limited | Stock | Financials | |
IIFL | IIFL Finance Limited | Stock | Financials |
VanEck ETF Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0239 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.1) |
VanEck ETF Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of VanEck ETF Trust is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck ETF's value that differs from its market value or its book value, called intrinsic value, which is VanEck ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck ETF's market value can be influenced by many factors that don't directly affect VanEck ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.