IMVPvsINDEETF Comparison
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Invesco India ETF (IMVP) belongs to the EM Large & Mid Cap segment. Matthews India Active ETF (INDE) is part of the Uncategorized Equities segment. IMVP's top 3 sector exposures are Finance, Consumer Non-Cyclicals and Energy. In contrast, INDE's top sector exposures are Finance, Consumer Cyclicals and Consumer Services. IMVP is less expensive with a Total Expense Ratio (TER) of 0.78%, versus 0.79% for INDE. IMVP is down -15.2% year-to-date (YTD) with -$49M in YTD flows. INDE performs better with -0.78% YTD performance, and +$8M in YTD flows. Run a side-by-side ETF comparison of IMVP and INDE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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IMVP vs INDE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IMVP INDE | -2.23%-0.14% | -0.41%+8.54% | -15.20%-0.78% | -12.48%+2.75% | +3.06%n/a | +3.91%n/a |
| Flows | IMVP INDE | -- | -$29M+$4M | -$49M+$8M | -$65M+$8M | -$12M- | +$30M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IMVP INDE | +11.56%+14.76% | +13.72%+18.16% | +14.71%n/a | +15.46%n/a |
| Max drawdown | IMVP INDE | -4.24%-3.51% | -20.03%-19.70% | -25.43%n/a | -25.43%n/a |
| Max drawdown duration | IMVP INDE | 39d24d | 315d294d | 703dn/a | 703dn/a |
Trading data
IMVP | INDE | |
Last sale 9/2/2026 at 1:30 PM | $30.20 | |
| Previous close 09/02/2026 | $30.03 | |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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INDE
is actively managed and doesn’t replicate an indexIMVP | INDE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
IMVP | INDE | |
|---|---|---|
| Last price | – | $30.20 |
| 1D performance | – | +0.55% |
| AuM | $106.36 M | $17.91 M |
| E/R | 0.78% | 0.79% |
Characteristics
IMVP | INDE | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Invesco | Matthews Asia |
| Benchmark | Bloomberg India MVP Index | - |
| N° of holdings | 30 | 67 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 5, 2008 | September 22, 2023 |
| ESG | No | No |
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Exposure
Countries
IMVP
India
100%
Other
0%
INDE
India
97.32%
Other
2.68%
Sectors
IMVP
Finance
23.89%
Consumer Non-Cycl.
10.74%
Energy
10.08%
Non-Energy Materi.
9.88%
Technology
7.98%
Consumer Cyclical.
7.65%
Other
29.78%
INDE
Finance
34.09%
Consumer Cyclical.
12.95%
Consumer Services
11.51%
Technology
7.87%
Consumer Non-Cycl.
7.8%
Healthcare
7.53%
Other
18.25%
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Diversification
IMVP
Total weight of top 15 holdings out of 15
54.17%
INDE
Total weight of top 15 holdings out of 15
53.62%
Top 15 holdings
Data as of July 31, 2026
IMVP
Tata Consultancy Services Ltd.
4.07%
Bajaj Auto Ltd.
3.93%
Infosys Ltd.
3.91%
Titan Co. Ltd.
3.71%
SBI Life Insurance Co. Ltd.
3.62%
Britannia Industries Ltd.
3.61%
Nestlé India Ltd.
3.61%
Bharti Airtel Ltd.
3.55%
Bharat Petroleum Corp. Ltd.
3.52%
Marico Ltd.
3.52%
Oberoi Realty Ltd.
3.49%
Oil & Natural Gas Corp. Ltd.
3.41%
Indian Bank
3.41%
Lupin Ltd.
3.41%
Zydus Lifesciences Ltd.
3.40%
INDE
Eternal Ltd.
8.24%
HDFC Bank Ltd.
6.36%
ICICI Bank Ltd.
6.08%
Bajaj Finance Ltd.
4.10%
Neuland Laboratories Ltd.
3.81%
Shriram Finance Ltd.
3.36%
Bharti Airtel Ltd.
3.25%
Reliance Industries Ltd.
2.96%
Thangamayil Jewellery Ltd.
2.76%
Axis Bank Ltd.
2.40%
Marico Ltd.
2.26%
Swiggy Ltd.
2.07%
Mahindra & Mahindra Ltd.
2.00%
Ather Energy Ltd.
1.99%
Kotak Mahindra Bank Ltd.
1.98%
Frequently asked questions about IMVP and INDE
How have the IMVP and INDE ETFs performed in 2026?
As of September 2, 2026, IMVP is down -15.2% year-to-date (YTD), while INDE has lost -0.78%. That puts INDE better performer ahead so far this year.
Which ETF is attracting more investor money: IMVP or INDE?
Year-to-date, the IMVP ETF saw -$49M in flows, compared to +$8M for INDE.
Which ETF is more volatile: IMVP or INDE?
Over the past year, IMVP had a volatility of 13.72%, while INDE experienced 18.16%.
Which ETF is bigger: IMVP or INDE?
As of September 2, 2026, IMVP holds $106.36 M in assets under management (AUM), while INDE manages $17.91 M.
What sectors do the IMVP and INDE ETFs invest in?
IMVP leans toward sectors like Finance, Consumer Non-Cyclicals and Energy. Meanwhile, INDE focuses on Finance, Consumer Cyclicals and Consumer Services.
What are the top holdings of the IMVP ETF and INDE ETF?
IMVP top holdings include Tata Consultancy Services Ltd., Bajaj Auto Ltd. and Infosys Ltd.. INDE holds in its top three: Eternal Ltd., HDFC Bank Ltd. and ICICI Bank Ltd..
Which ETF is more diversified: IMVP or INDE?
IMVP holds 30 securities with 54.17% of its assets in the top 15. INDE has 69 securities and a top 15 weight of 53.62%.
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