DGIN - ETF AI Analysis
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VanEck Digital India ETF (DGIN)
Rating:54Neutral
Price Target:―
Positive Factors
Targeted Exposure to India’s Digital Economy
The ETF focuses on Indian technology, communication, financial, and consumer companies that are positioned to benefit from the country’s growing digital economy.
Sector Diversification Within Growth Areas
Holdings are spread across several growth-oriented sectors like technology, communication services, financials, and consumer cyclical, which helps avoid relying on just one industry.
Recent Short-Term Performance Rebound
Despite weak results so far this year, the fund has shown a recent uptick over the past month, suggesting some recovery in its holdings.
Negative Factors
High Concentration in Top Holdings
The largest positions each make up a meaningful slice of the portfolio, so poor performance in just a few names can significantly hurt returns.
Broad Weakness in Key Stocks
Most of the top holdings have delivered weak performance this year, which has dragged down the ETF’s overall results.
High Expense Ratio for a Thematic ETF
The fund charges a relatively high ongoing fee, which can eat into returns over time, especially if performance remains volatile.
DGIN vs. SPDR S&P 500 ETF (SPY)
AUM15.22M
RegionAsia-Pacific
Expense Ratio0.74%
Beta0.71
IssuerVanEck
Inception DateFeb 15, 2022
Dividend Yield2.3%
Asset ClassEquity
Index TrackedMVIS Digital India
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,463
30 Day Avg. Volume8,272
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) 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 telecom, including well-known names such as Bharti Airtel and Zomato. An investor might consider this ETF to seek growth from India’s expanding internet and smartphone use, while getting a basket of different digital-focused companies in a single investment. However, this ETF is concentrated in India’s tech-driven sectors, so its price can be volatile and may rise or fall sharply with changes in the Indian market and technology trends.
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 a pure play on India’s digital revolution, but its biggest bets have been a bit of a roller coaster. Food-delivery and e-commerce names like Zomato and Swiggy have shown flashes of strength recently, yet their longer-term performance has been mixed and at times a drag on the fund. Telecom giants Bharti Airtel and Indus Towers provide a steadier backbone but aren’t exactly sprinting higher. Fintech players such as PB Fintech and Paytm add excitement and volatility, making this a concentrated, India-only wager on the country’s online future.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Zomato Ltd. | 7.65% | $1.17M | ₹2.48T | 12.48% | ― | |
| Bharti Airtel Limited | 7.61% | $1.16M | ₹11.05T | -0.08% | 73 Outperform | |
| PB Fintech Limited | 6.60% | $1.01M | ₹785.17B | 2.84% | 55 Neutral | |
| Jio Financial Services Limited | 6.34% | $966.80K | ₹1.56T | -1.61% | 67 Neutral | |
| Swiggy Limited | 5.27% | $804.47K | ₹793.18B | -11.59% | 45 Neutral | |
| One 97 Communications Ltd. | 4.78% | $728.66K | ₹734.27B | 28.13% | 54 Neutral | |
| Info Edge India Ltd. | 4.39% | $669.94K | ₹638.01B | -28.22% | 69 Neutral | |
| Dixon Technologies (India) Ltd. | 4.36% | $665.67K | ₹657.55B | -31.54% | 56 Neutral | |
| Indus Towers Limited | 4.33% | $660.57K | ₹1.06T | -1.27% | 79 Outperform | |
| Vodafone Idea Ltd | 4.18% | $637.29K | ₹1.03T | 29.89% | 53 Neutral |
DGIN Technical Analysis
Neutral
―
Price Trends
33.16
Positive
36.46
Negative
38.69
Negative
Market Momentum
0.26
Negative
53.68
Neutral
17.55
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DGIN, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 33.54, equal to the 50-day MA of 33.16, and equal to the 200-day MA of 38.69, indicating a neutral trend. The MACD of 0.26 indicates Negative momentum. The RSI at 53.68 is Neutral, neither overbought nor oversold. The STOCH value of 17.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DGIN.
DGIN Peer Comparison
Comparison Results
Performance Comparison
DGIN
VanEck Digital India ETF
33.80
-7.06
-17.28%
KWEB
Kraneshares Csi China Internet Etf
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―
―
INCO
Columbia India Consumer ETF
―
―
―
KTEC
KraneShares Hang Seng TECH Index ETF
―
―
―
IOPP
Simplify Tara India Opportunities ETF
―
―
―
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.
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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