DGIN - ETF AI Analysis
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VanEck Digital India ETF (DGIN)
Rating:52Neutral
Price Target:―
Positive Factors
Focused Exposure to India’s Digital Economy
The fund is heavily invested in Indian companies tied to online services and technology, giving investors targeted access to a fast-growing part of India’s economy.
Several Strong-Performing Digital Leaders
Holdings like Dixon Technologies and FSN E-Commerce Ventures (Nykaa) have shown strong year-to-date performance, helping offset weaker names in the portfolio.
Recent Short-Term Recovery
Despite weak year-to-date results, the ETF has shown improving performance over the last three months, suggesting some positive momentum in its holdings.
Negative Factors
High Expense Ratio
The fund’s fees are relatively high for an ETF, which can eat into investor returns over time.
Weak Overall Year-to-Date Performance
The ETF’s year-to-date performance has been negative, reflecting broad weakness across many of its core holdings.
Concentration in Underperforming Top Holdings
Several of the largest positions, including Jio Financial Services, PB Fintech, Swiggy, and Info Edge India, have shown weak performance, increasing risk because they make up a significant share of the portfolio.
DGIN vs. SPDR S&P 500 ETF (SPY)
AUM15.55M
RegionAsia-Pacific
Expense Ratio0.70%
Beta0.74
IssuerVanEck
Inception DateFeb 15, 2022
Dividend Yield2.14%
Asset ClassEquity
Index TrackedMVIS Digital India
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,220
30 Day Avg. Volume3,038
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
39.60Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering29
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DGIN Summary
The VanEck Digital India ETF (DGIN) tracks the MVIS Digital India index and focuses on companies driving India’s fast-growing digital economy. It holds businesses in areas like online shopping, digital payments, and internet infrastructure. Well-known names in the fund include Bharti Airtel, a major telecom provider, and Zomato, a popular food delivery platform. Someone might invest in this ETF to seek growth by tapping into India’s expanding tech and internet market while getting diversification across many digital-focused companies. A key risk is that it is heavily tied to India’s tech and online sectors, so its price can rise or fall sharply with that part of the market.
How much will it cost me?The VanEck Digital India ETF (DGIN) has an expense ratio of 0.74%, which means you’ll pay $7.40 per year for every $1,000 invested. This is higher than average because it’s actively managed to focus on India’s fast-growing digital economy, requiring more research and specialized management.
What would affect this ETF?The VanEck Digital India ETF could benefit from India's rapid digitalization and growing demand for technology-driven services, supported by strong government initiatives and increasing internet penetration. However, potential risks include regulatory changes in India's tech and financial sectors, global economic uncertainty, and competition within the digital economy space. The ETF's heavy exposure to technology and consumer-focused companies makes it sensitive to shifts in consumer behavior and technological advancements.
DGIN Top 10 Holdings
DGIN is essentially a pure play on India’s digital boom, with all its big bets tied to homegrown tech and platform companies. E-commerce names like Nykaa and Dixon Technologies have been rising, giving the fund a helpful tailwind, while Zomato and Paytm are also contributing with steady-to-strong recent momentum. On the flip side, Jio Financial, PB Fintech, and Swiggy are lagging, acting like sandbags on performance as investors question profitability and valuations. With its portfolio clustered in Indian digital platforms and services, this ETF lives and dies by the country’s online economy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Zomato Ltd. | 8.28% | $1.28M | ₹3.01T | 0.96% | ― | |
| Bharti Airtel Limited | 8.02% | $1.24M | ₹12.16T | 2.22% | 73 Outperform | |
| Jio Financial Services Limited | 6.41% | $990.14K | ₹1.65T | -25.04% | 67 Neutral | |
| PB Fintech Limited | 5.83% | $901.03K | ₹745.12B | -12.06% | 55 Neutral | |
| Swiggy Limited | 5.41% | $836.06K | ₹792.76B | -26.74% | 45 Neutral | |
| Info Edge India Ltd. | 5.27% | $814.05K | ₹809.23B | -10.76% | 69 Neutral | |
| FSN E-Commerce Ventures Ltd. | 5.13% | $792.84K | ₹937.49B | 59.23% | 64 Neutral | |
| One 97 Communications Ltd. | 5.10% | $788.66K | ₹853.04B | 22.58% | 54 Neutral | |
| Dixon Technologies (India) Ltd. | 5.09% | $786.96K | ₹873.24B | -14.86% | 56 Neutral | |
| Indus Towers Limited | 4.68% | $723.72K | ₹1.02T | 8.28% | 79 Outperform |
DGIN Technical Analysis
Positive
―
Price Trends
34.98
Positive
33.98
Positive
36.85
Negative
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DGIN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.66, equal to the 50-day MA of 34.98, and equal to the 200-day MA of 36.85, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DGIN.
DGIN Peer Comparison
Comparison Results
Performance Comparison
DGIN
VanEck Digital India ETF
36.41
-3.90
-9.68%
KWEB
Kraneshares Csi China Internet Etf
―
―
―
INCO
Columbia India Consumer ETF
―
―
―
KTEC
KraneShares Hang Seng TECH Index ETF
―
―
―
IOPP
Simplify Tara India Opportunities ETF
―
―
―
TMH
Toyota Motor Corporation ADRhedged
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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