INDE vs INDY
Matthews India Active ETF against iShares S&P India Nifty 50 Index Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
41%
21 shared positions
Fee gap
14 bp
INDY is cheaper
1-year return gap
13.6 pts
INDE is ahead
Larger fund
INDY
$509M
Side by side
| INDE | INDY | |
|---|---|---|
| Fund | Matthews India Active ETF | iShares S&P India Nifty 50 Index Fund |
| Issuer | Matthews Asia | iShares |
| Category | Single Country | Single Country |
| Expense ratio | 0.79% | 0.65% |
| Assets | $14M | $509M |
| Average daily dollar volume | $49K | $3.4M |
| Listed | Sep 21, 2023 | Nov 18, 2009 |
| FrenzyCap score | 18 | 45 |
| 1-month return | −3.5% | −1.2% |
| 3-month return | +0.3% | −0.4% |
| Year to date | −4.5% | −15.0% |
| 1-year return | −8.3% | −21.8% |
| 30-day volatility | 16.2% | 15.3% |
| Worst drawdown, 1 year | −20.5% | −26.0% |
| Trailing 12-month yield | 1.84% | 9.78% |
| Holdings | 69 | 54 |
| Top 10 weight | 47.3% | 53.6% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | $0 thru Jun 2026 | −$25M thru Jun 2026 |
| 30-day implied volatility | — | 25.7% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
49% of INDE · 68% of INDY| Holding | INDE | INDY |
|---|---|---|
| HDFC BANK LTD | 7.04% | 10.37% |
| ICICI BANK LTD | 5.75% | 9.41% |
| BHARTI AIRTEL LTD | 3.17% | 5.42% |
| AXIS BANK LTD | 3.10% | 3.38% |
| RELIANCE INDUSTRIES LTD | 3.04% | 7.67% |
| BAJAJ FINANCE LTD | 3.74% | 2.47% |
| ETERNAL LTD | 6.55% | 2.21% |
| KOTAK MAHINDRA BANK LTD | 2.07% | 3.16% |
| MAHINDRA & MAHINDRA LTD | 1.87% | 2.47% |
| HINDUSTAN UNILEVER LTD | 1.67% | 1.57% |
| STATE BANK OF INDIA | 1.42% | 3.83% |
| SHRIRAM FINANCE LTD | 3.58% | 1.27% |
| ULTRATECH CEMENT LTD | 1.06% | 1.22% |
| INTERGLOBE AVIATION LTD | 0.84% | 1.02% |
| INFY | 0.71% | 3.78% |
| EICHER MOTORS LTD | 0.69% | 0.98% |
| TATA CONSUMER PRODUCTS LTD | 1.47% | 0.61% |
| TITAN COMPANY LTD | 0.51% | 1.74% |
| SUN PHARMACEUTICAL INDUSTRIES LTD | 0.48% | 1.76% |
| ITC LTD | 0.44% | 2.39% |
| MARUTI SUZUKI INDIA LTD | 0.26% | 1.43% |
Sector mix of the stock holdings
| Sector | INDE | INDY | Gap |
|---|---|---|---|
| Technology | 0.0% | 3.8% | −3.8% |
| Financials | 0.2% | 0.0% | +0.2% |
More: full overlap table · INDE holdings · INDY holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.