GRIN vs IIND vs NDIA - Compare ETFs side by side

At a glance

Comparing GRIN, IIND, and NDIA. NDIA has the lowest management fee at 0.69% a year, NDIA has the highest 5 years return at 3.9% a year, and NDIA offers the highest at 2.09%.

Lowest fee

NDIA 0.69% p.a.

Highest 5 years return

NDIA 3.9% p.a.

Highest yield

NDIA 2.09%

Lowest volatility

NDIA 13.3% (5y)

Largest fund

NDIA $179m

Side-by-side comparison

Metric	GRIN VanEck India Growth Leaders ETF	IIND BetaShares India Quality ETF	NDIA Global X India Nifty 50 ETF
Snapshot
Provider	VanEck	BetaShares	Global X
Tracks index	—	Solactive India Quality Select Index	Nifty 50 Index
Categories	Intl, Thematic, Growth, EM	Asia, Quality, Factor, EM	EM, Asia, Large-Cap
Listed since	—	—	2020 (6 yrs)
Fund size (AUM)	$15m	$177m	$179m
Cost & income
Management fee	0.75%	0.8%	0.69%
Dividend yield	0.47%	0.82%	2.09%
Franking	0%	0%	0%
Turnover	—	—	5%
Tax drag	0.15%	0.26%	0.79%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-7% net	-17.2% net	-16.3% net
3-year return	—	0.3% net	0% net
5-year return	—	2.7% net	3.9% net
10-year return	—	—	—
Risk
Volatility (3y)	—	13.9%	13%
Volatility (5y)	—	14.1%	13.3%
Volatility (10y)	—	—	—
Sharpe ratio (3y)	—	—	—
Sharpe ratio (5y)	—	—	0.11
Sharpe ratio (10y)	—	—	—
Bid/ask spread	—	—	—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

GRIN VanEck India Growth Leaders ETF

A 0.75% management fee is high and compounds against you over time.

Full GRIN analysis →

IIND BetaShares India Quality ETF

Has lagged most peers over 3 years (220th of 226).

Full IIND analysis →

NDIA Global X India Nifty 50 ETF

Has lagged most peers over 3 years (222nd of 226).

Full NDIA analysis →

Frequently Asked Questions

What's the difference between GRIN vs IIND vs NDIA?

GRIN, IIND, and NDIA are 3 Australian-listed ETFs we compare side by side. NDIA carries the lowest management fee (0.69%). Over 5 years, NDIA has delivered the highest total return (3.9% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - GRIN vs IIND vs NDIA?

NDIA has the lowest management fee at 0.69% a year, versus GRIN 0.75% and IIND 0.8%.

Which has performed highest - GRIN vs IIND vs NDIA?

Over the past 5 years, NDIA has delivered the highest total return at 3.9% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

NDIA pays the highest at 2.09%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

NDIA is the largest fund by assets ($179m). Larger funds are typically more liquid and trade on tighter spreads.

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General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.