Matthews India Active ETF INDE
$29.71+0.00 (+0.00%)
- Expense ratio
- 0.79%
- Fund size
- $18M
- 1Y return
- −0.0%
- Yield · Last 12 months
- 1.76%
- Volume · 30D
- 0M sh
- NAV per share
- $29.56
- 52W range
The ETF.net INDE Grade
Score 50 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 25Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 99Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 30Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 40Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 27Category rank
Our read on INDE
CMost India ETFs just buy the index. INDE hires stock pickers instead: Matthews Asia managers build the India portfolio by hand, free to hold common stock, preferred shares or convertibles. Launched in 2023, it's the active outlier in a cohort of trackers.
The fund seeks long-term capital appreciation by investing at least 80% of net assets in common stocks, preferred stocks, and convertible securities of companies located in India.
Why people hold it
- Real active management in an index-dominated group: managers choose the names, with room to hold preferred shares and convertibles alongside common stock.
- Does what the label says. At least 80% of net assets go to companies located in India, and the portfolio has stuck closely to that mandate.
- Plain equity exposure. No leverage, no options overlay, no structural wrinkles in the mandate, just Indian company shares chosen for long-term capital appreciation.
Worth knowing
- At 0.79% a year it costs more than index rivals like FLIN (0.19%) and INDA (0.61%), and it currently sits behind those cheaper trackers in our peer group review.
- Small and thinly traded next to the big India funds, so spreads can be wider and sizeable orders can push the price around.
- It opened in 2023, so the track record is short, and payouts come once or twice a year rather than as a regular income stream.
INDE Holdings
- Stocks
- —
- 43%
- ETERNAL.NS
Sectors
- Financials32.6%
- Consumer Discr.24.7%
- Health Care9.4%
- Technology9.4%
- Industrials9.1%
- Cons. Staples6.6%
- Communication2.9%
- Materials2.8%
- Energy2.4%
Geography
- India98.75%
- United States0.74%
- Japan0.51%
Developed 1% · Emerging 99%
INDE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | INDE |
|---|---|
| Year to date | −0.5% |
| 1 month | −0.4% |
| 3 months | +2.0% |
| 1 year | −0.0% |
| 3 years | +6.9% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | INDE |
|---|---|---|
| 2026 YTD | −0.5% | |
| 2025 | +2.4% | |
| 2024 | +11.0% | |
| 2023 | +8.2% |
INDE in the news
ETF.net Research hasn’t filed on INDE yet — coverage lands here as it’s written.
INDE Dividends
- 1.76%
- $0.53
- $0.53 per share
- Irregular
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 17, 2025 | Dec 22, 2025 | $0.53 |
| Dec 18, 2024 | Dec 23, 2024 | $0.17 |
INDE Risk
- 13.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.29
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.31
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
INDE Cost
- The middle half of India funds
- Median 0.75%
13 of the 19 India funds charge less.