GLIN vs MGF

Comparison between VANECK INDIA GROWTH LEADERS ETF (GLIN, ETF) and MFS Government Markets Income Trust (MGF, ETF).

5-Year PerformanceGLIN has outperformed MGF, delivering a return of +4.5% compared to -1.2%

GLIN vs MGF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GLIN(ETF)	MGF(ETF)
Net Assets	$100M	$100M
Expense Ratio	0.72%	N/A
Max Drawdown	81.24%	64.59%
Sharpe Ratio	-0.36	-0.31
5Y Beta	0.53	0.04
5Y Dividends CAGR	31.65%	-7.75%

Net Assets

GLIN

$100M

Winner

MGF

$100M

Expense Ratio

GLIN

0.72%

MGF

N/A

Max Drawdown

GLIN

81.24%

Winner

MGF

64.59%

Sharpe Ratio

GLIN

-0.36

Winner

MGF

-0.31

5Y Beta

GLIN

0.53

Winner

MGF

0.04

5Y Dividends CAGR

Winner

GLIN

31.65%

MGF

-7.75%

GLIN vs MGF - Historical Returns

Returns include dividend reinvestment.

Period	GLIN	MGF
1 month	-2.53%	-0.05%
3 months	-0.61%	-2.19%
6 months	-2.83%	-3.89%
1 year	-4.74%	-0.57%
5 years(CAGR)	+4.47%	-1.20%
10 years(CAGR)	+1.98%	+1.30%
Max(CAGR)	-2.54%	+4.15%

GLIN

-2.53%

Winner

MGF

-0.05%

Winner

GLIN

-0.61%

MGF

-2.19%

Winner

GLIN

-2.83%

MGF

-3.89%

GLIN

-4.74%

Winner

MGF

-0.57%

5Y(CAGR)

Winner

GLIN

+4.47%

MGF

-1.20%

10Y(CAGR)

Winner

GLIN

+1.98%

MGF

+1.30%

Max(CAGR)

GLIN

-2.54%

Winner

MGF

+4.15%

GLIN vs MGF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GLIN	MGF
2026	-5.66%	-2.91%
2025	-6.69%	+5.18%
2024	+16.19%	+4.18%
2023	+35.17%	+3.78%
2022	-22.29%	-15.17%
2021	+28.36%	+0.65%
2020	-3.01%	+7.32%
2019	-21.95%	+9.81%
2018	-38.40%	-0.14%
2017	+61.67%	+3.45%
2016	-3.73%	+2.52%
2015	-2.57%	-0.31%
2014	+48.28%	+6.04%
2013	-31.01%	-10.52%
2012	+19.84%	+5.17%
2011	-57.09%	+10.17%
2010	+2.66%	-0.19%
2009	N/A	+0.72%
2008	N/A	+26.75%
2007	N/A	+9.08%
2006	N/A	+6.49%
2005	N/A	+2.69%
2004	N/A	+3.30%
2003	N/A	+2.74%
2002	N/A	+15.23%
2001	N/A	+6.43%
2000	N/A	+17.98%
1999	N/A	-4.21%

GLIN vs MGF Drawdown Comparison

The maximum drawdown for GLIN was -79.38%, occurring on Mar 24, 2020. This drawdown has not yet recovered.

The maximum drawdown for MGF was -22.85%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The current GLIN drawdown is -45.59%. The current MGF drawdown is -7.75%.

Rank	GLIN	MGF
#1	-79.38% Nov 10, 2010 - Mar 24, 2020	-22.85% Sep 17, 2021 - Oct 24, 2022
#2	-3.57% Oct 13, 2010 - Nov 4, 2010	-21.63% Sep 8, 2008 - Nov 28, 2008
#3	-2.87% Sep 20, 2010 - Sep 24, 2010	-19.20% Sep 5, 2012 - Aug 18, 2016
#4	-2.45% Aug 25, 2010 - Sep 1, 2010	-15.76% Dec 23, 2008 - Aug 21, 2009
#5	-1.89% Sep 13, 2010 - Sep 20, 2010	-15.30% Aug 23, 2010 - Jan 13, 2012
#6	-1.05% Nov 5, 2010 - Nov 10, 2010	-9.35% Mar 9, 2020 - Apr 13, 2020
#7	-0.96% Oct 5, 2010 - Oct 11, 2010	-9.12% Sep 23, 2009 - Mar 10, 2010
#8	-0.78% Sep 24, 2010 - Oct 1, 2010	-8.88% Mar 19, 2004 - Jan 18, 2005
#9	-0.36% Oct 1, 2010 - Oct 5, 2010	-8.02% May 27, 2008 - Sep 8, 2008
#10	-0.35% Oct 11, 2010 - Oct 13, 2010	-7.46% Mar 16, 2010 - Jun 7, 2010
#11	N/A	-7.25% May 23, 2003 - Feb 12, 2004
#12	N/A	-6.95% Aug 18, 2016 - Jan 31, 2019
#13	N/A	-6.19% Nov 14, 2007 - Jan 15, 2008
#14	N/A	-6.19% Nov 3, 1999 - Apr 10, 2000
#15	N/A	-6.15% Nov 2, 2001 - Feb 11, 2002

Correlation

Correlation between GLIN and MGF is -0.21 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.21

-101

Dividend Comparison (2000 - 2026)

GLIN vs MGF dividend yield comparison.

Year	GLIN	MGF
2026	0.00%	3.34%
2025	0.84%	7.65%
2024	3.58%	7.80%
2023	0.96%	7.82%
2022	1.70%	8.44%
2021	0.00%	7.71%
2020	0.24%	7.58%
2019	1.42%	7.50%
2018	0.12%	7.81%
2017	0.10%	7.92%
2016	1.39%	8.10%
2015	3.11%	8.05%
2014	0.97%	7.85%
2013	0.44%	8.24%
2012	0.12%	7.37%
2011	1.89%	7.33%
2010	0.00%	7.69%
2009	0.00%	6.96%
2008	0.00%	6.57%
2007	0.00%	5.92%
2006	0.00%	5.43%
2005	0.00%	5.00%
2004	0.00%	4.86%
2003	0.00%	5.25%
2002	0.00%	6.10%
2001	0.00%	6.50%
2000	0.00%	3.05%