GRIN vs NDIA vs IIND - Compare ETFs side by side

At a glance

Comparing GRIN, NDIA, and IIND. NDIA has the lowest management fee at 0.69% a year, NDIA has the highest 5 years return at 0.5% a year, and NDIA offers the highest at 2.21%.

Lowest fee

NDIA 0.69% p.a.

Highest 5 years return

NDIA 0.5% p.a.

Highest yield

NDIA 2.21%

Lowest volatility

NDIA 12.7% (5y)

Largest fund

NDIA $167m

Side-by-side comparison

Metric	GRIN VanEck India Growth Leaders ETF	NDIA Global X India Nifty 50 ETF	IIND BetaShares India Quality ETF
Snapshot
Provider	VanEck	Global X	BetaShares
Tracks index	—	Nifty 50 Index	Solactive India Quality Select Index
Categories	Intl, Thematic, Growth, EM	EM, Asia, Large-Cap	Asia, Quality, Factor, EM
Listed since	—	2020 (6 yrs)	—
Fund size (AUM)	$15m	$167m	$162m
Cost & income
Management fee	0.75%	0.69%	0.8%
Dividend yield	0.47%	2.21%	0.43%
Franking	0%	0%	0%
Turnover	—	5%	—
Tax drag	0.15%	0.83%	0.14%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	-3.5% net	-16.6% net	-15.6% net
3-year return	—	-2.8% net	-2.7% net
5-year return	—	0.5% net	-0.9% net
10-year return	—	—	—
Risk
Volatility (3y)	—	13.1%	14.2%
Volatility (5y)	—	12.7%	13.8%
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 →

NDIA Global X India Nifty 50 ETF

Has lagged most peers over 3 years (235th of 236).

Full NDIA analysis →

IIND BetaShares India Quality ETF

Has lagged most peers over 3 years (234th of 236).

Full IIND analysis →

Frequently Asked Questions

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

GRIN, NDIA, and IIND 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 (0.5% a year). The table above breaks down fees, returns, income and risk for each.

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

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 NDIA vs IIND?

Over the past 5 years, NDIA has delivered the highest total return at 0.5% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

NDIA pays the highest at 2.21%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

NDIA is the largest fund by assets ($167m). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

NDIA vs VGE NDIA vs EMKT NDIA vs AVTE NDIA vs IAA NDIA vs FIIN IIND vs FIIN

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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.