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DGIN - ETF AI Analysis
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VanEck Digital India ETF (DGIN)
Rating:59Neutral
Price Target:―
Positive Factors
Strong Performance from Key Holdings
Top positions like Bharti Airtel and Zomato have delivered strong gains, supporting the ETF’s overall performance.
Focused Exposure to Growth Sectors
The ETF is heavily weighted in technology and general sectors, which are known for long-term growth potential.
Emerging Market Opportunity
With nearly 80% exposure to India, the fund taps into one of the fastest-growing economies in the world.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee, which can eat into investor returns over time.
Weak Performance Metrics
Recent returns have been negative across multiple timeframes, indicating underperformance.
Underperforming Technology Holdings
Several major tech stocks, including Infosys and Tata Consultancy Services, have lagged this year, dragging down the fund.
DGIN vs. SPDR S&P 500 ETF (SPY)
AUM18.26M
RegionAsia-Pacific
Expense Ratio0.74%
Beta0.59
IssuerVanEck
Inception DateFeb 15, 2022
Dividend Yield1.93%
Asset ClassEquity
Index TrackedMVIS Digital India
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,527
30 Day Avg. Volume2,894
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DGIN Summary
The VanEck Digital India ETF (DGIN) is an investment fund that focuses on India's growing digital economy, including sectors like technology, e-commerce, and fintech. It tracks the MVIS Digital India index and includes well-known companies such as Infosys and Tata Consultancy Services. This ETF offers a way to invest in India's tech-driven growth and diversification into one of the fastest-growing markets globally. However, new investors should know that its performance is closely tied to the Indian economy and tech sector, which can be volatile.
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
The VanEck Digital India ETF is heavily concentrated in India’s technology sector, with names like Infosys and Tata Consultancy Services leading the charge. Infosys has been rising steadily, buoyed by strong revenue growth and profitability, while Tata Consultancy Services shows mixed performance, with a neutral technical trend holding it back. On the consumer side, Zomato and Swiggy are lagging, weighed down by bearish momentum and profitability challenges. Overall, the fund’s focus on India’s digital economy offers exposure to innovation, but the reliance on tech giants and struggling consumer names creates a mixed bag for investors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Bharti Airtel Limited | 7.91% | $1.43M | ₹11.53T | 26.03% | 73 Outperform | |
| Infosys | 6.87% | $1.24M | $73.60B | -10.29% | 76 Outperform | |
| Tata Consultancy Services Limited | 6.72% | $1.22M | ₹11.55T | -24.14% | 80 Outperform | |
| HCL Technologies Limited | 6.05% | $1.09M | ₹4.53T | -8.61% | 73 Outperform | |
| Zomato Ltd. | 5.77% | $1.04M | ₹2.89T | 22.62% | ― | |
| Tech Mahindra Limited | 4.54% | $820.94K | ₹1.56T | -5.98% | 55 Neutral | |
| Jio Financial Services Limited | 4.34% | $785.74K | ₹1.82T | 5.30% | 67 Neutral | |
| Wipro | 3.84% | $695.30K | $30.20B | -11.92% | 74 Outperform | |
| PB Fintech Limited | 3.44% | $623.27K | ₹762.03B | -7.09% | 55 Neutral | |
| Persistent Systems Limited | 3.40% | $614.80K | ₹989.17B | 2.65% | 73 Outperform |
DGIN Technical Analysis
Negative
―
Price Trends
41.16
Negative
40.94
Negative
40.90
Negative
Market Momentum
-0.26
Positive
42.59
Neutral
18.15
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DGIN, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 41.07, equal to the 50-day MA of 41.16, and equal to the 200-day MA of 40.90, indicating a bearish trend. The MACD of -0.26 indicates Positive momentum. The RSI at 42.59 is Neutral, neither overbought nor oversold. The STOCH value of 18.15 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DGIN.
DGIN Peer Comparison
Comparison Results
Performance Comparison
DGIN
VanEck Digital India ETF
40.34
-1.40
-3.35%
KWEB
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INCO
Columbia India Consumer ETF
―
―
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CHIQ
Global X MSCI China Consumer Discretionary ETF
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KTEC
KraneShares Hang Seng TECH Index ETF
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TMH
Toyota Motor Corporation ADRhedged
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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.
Disclaimer
This 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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