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DGIN - ETF AI Analysis
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VanEck Digital India ETF (DGIN)
Rating:58Neutral
Price Target:―
Positive Factors
Focused Exposure to India’s Digital Growth
The fund is heavily invested in Indian companies tied to technology and digital services, giving investors targeted access to a fast-growing part of India’s economy.
Tech-Driven Portfolio
With most assets in technology and related sectors, the ETF is positioned to benefit when digital and IT services companies perform well.
Several Resilient Top Holdings
A number of the largest positions, such as Infosys, HCL Technologies, Tech Mahindra, and Persistent Systems, have shown relatively steady or strong performance compared with weaker names in the portfolio.
Negative Factors
Recent Weak Performance
The ETF has delivered weak returns over the past month, three months, and year to date, which may concern investors looking for near-term momentum.
High Concentration in Tech and a Single Country
More than half of the fund is in technology stocks and the vast majority is in India, increasing the risk if Indian tech markets face a downturn.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees.
DGIN vs. SPDR S&P 500 ETF (SPY)
AUM17.48M
RegionAsia-Pacific
Expense Ratio0.74%
Beta0.60
IssuerVanEck
Inception DateFeb 15, 2022
Dividend Yield2.03%
Asset ClassEquity
Index TrackedMVIS Digital India
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,857
30 Day Avg. Volume4,485
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 mainly holds technology and communication firms involved in software, IT services, online platforms, and digital finance. Well-known holdings include Infosys and Bharti Airtel. Someone might invest in this ETF to seek long-term growth from India’s expanding internet use, smartphone adoption, and digital payments, while getting a basket of different companies instead of picking single stocks. A key risk is that it is heavily concentrated in Indian tech-related stocks, so its price can swing sharply with that sector and country’s market conditions.
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 bet on India’s digital backbone, with heavyweight IT names like Infosys, TCS, HCL Tech, Tech Mahindra, and Persistent doing most of the heavy lifting. These tech leaders have shown mostly rising or steady trends over the past few months, helping offset weakness elsewhere. On the flip side, consumer-facing plays like Zomato and financial newcomer Jio Financial have been lagging, acting as a bit of a speed bump. With a pure India focus and a clear tilt toward technology and communications, this ETF lives and dies by the country’s digital transformation story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Bharti Airtel Limited | 8.13% | $1.42M | ₹11.46T | 17.48% | 73 Outperform | |
| Infosys | 6.75% | $1.18M | $67.02B | -25.01% | 76 Outperform | |
| Tata Consultancy Services Limited | 6.35% | $1.11M | ₹10.80T | -24.45% | 80 Outperform | |
| Zomato Ltd. | 6.15% | $1.07M | ₹2.93T | 39.51% | ― | |
| HCL Technologies Limited | 5.91% | $1.03M | ₹4.27T | -8.44% | 73 Outperform | |
| Tech Mahindra Limited | 4.78% | $835.06K | ₹1.61T | -1.89% | 55 Neutral | |
| Jio Financial Services Limited | 4.26% | $744.05K | ₹1.72T | 18.61% | 67 Neutral | |
| Swiggy Limited | 3.74% | $652.91K | ₹981.29B | 4.11% | 45 Neutral | |
| Wipro | 3.45% | $603.55K | $26.77B | -32.78% | 74 Outperform | |
| Indus Towers Limited | 3.27% | $571.30K | ₹1.21T | 32.17% | 79 Outperform |
DGIN Technical Analysis
Negative
―
Price Trends
40.24
Negative
40.56
Negative
40.97
Negative
Market Momentum
-0.54
Negative
39.17
Neutral
22.16
Neutral
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 38.86, equal to the 50-day MA of 40.24, and equal to the 200-day MA of 40.97, indicating a bearish trend. The MACD of -0.54 indicates Negative momentum. The RSI at 39.17 is Neutral, neither overbought nor oversold. The STOCH value of 22.16 is Neutral, 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
38.27
-1.49
-3.75%
KWEB
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INCO
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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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