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INDEvsIMVPETF Comparison

ETF 1
INDE

Matthews India Active ETF

This fund is part of
Uncategorized Equities
-0.1%
VS
ETF 2
IMVP

Invesco India ETF

This fund is part of
EM Large & Mid Cap
+1.11%

Matthews India Active ETF (INDE) belongs to the Uncategorized Equities segment. Invesco India ETF (IMVP) is part of the EM Large & Mid Cap segment. INDE's top 3 sector exposures are Finance, Consumer Cyclicals and Consumer Services. In contrast, IMVP's top sector exposures are Finance, Non-Energy Materials and Consumer Non-Cyclicals. INDE is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.78% for IMVP. INDE is down -4.45% year-to-date (YTD) with +$8M in YTD flows. IMVP performs worse with -20.48% YTD performance, and -$57M in YTD flows. Run a side-by-side ETF comparison of INDE and IMVP 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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INDE vs IMVP performance and flow charts

Performance

-6.0-4.0-2.00.0%Sep 21Sep 28Oct 5Oct 12Oct 19

Cumulative Flows

-3.5 M-3 M-2.5 M-2 M-1.5 M-1 M-0.5 M0 MSep 21Sep 28Oct 5Oct 12Oct 19

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Historic performance and flows
Data as of 10/19/2026
1M3MYTD1Y3Y5Y
Perf.
INDE
IMVP
-2.77%-2.88%
-0.86%-5.10%
-4.45%-20.48%
-5.91%-21.08%
+17.11%-3.39%
n/a-4.53%
Flows
INDE
IMVP
--$3M
--$26M
+$8M-$57M
+$8M-$70M
+$16M-$38M
-+$22M
Volatility and drawdown
3M1Y3Y5Y
Volatility
INDE
IMVP
+14.63%+12.42%
+18.75%+14.29%
+16.99%+14.87%
n/a+15.46%
Max drawdown
INDE
IMVP
-6.80%-12.32%
-19.70%-24.86%
-23.34%-29.93%
n/a-29.93%
Max drawdown duration
INDE
IMVP
49d71d
341d362d
756d750d
n/a750d
Trading data

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INDE
IMVP
Last sale
10/20/2026 at 1:30 PM
$29.06
Previous close
10/19/2026
$28.85
Consolidated volume
10/19/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of October 21, 2026
1-year trailing difference

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INDE
is actively managed and doesn’t replicate an index

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INDE
IMVP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 10/20/2026 at 1:30 PM
Live
Closed
INDE
IMVP
Last price
$29.06
–
1D performance
+0.75%
–
AuM$17.25 M$92.37 M
E/R0.79%0.78%
Characteristics
INDE
IMVP
Management strategyActivePassive
ProviderMatthews AsiaInvesco
Benchmark-Bloomberg India MVP Index
N° of holdings7230
Asset class--
Trailing 12m distribution yield
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Inception dateSeptember 22, 2023March 5, 2008
ESGNoNo
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Exposure

Countries

INDE
India
99.13%
Other
0.87%
IMVP
India
100%
Other
0%

Sectors

INDE
Finance
32.67%
Consumer Cyclical.
12.71%
Consumer Services
11.97%
Industrials
9.36%
Technology
8.46%
Healthcare
8.27%
Other
16.56%
IMVP
Finance
24.08%
Non-Energy Materi.
10.42%
Consumer Non-Cycl.
10.39%
Energy
10.01%
Consumer Cyclical.
8.07%
Technology
7.56%
Other
29.48%
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Diversification

INDE

Total weight of top 15 holdings out of 15

52.86%
IMVP

Total weight of top 15 holdings out of 15

54.71%

Top 15 holdings

Data as of August 31, 2026
INDE
Eternal Ltd.
8.73%
ICICI Bank Ltd.
6.01%
HDFC Bank Ltd.
5.89%
Neuland Laboratories Ltd.
4.49%
Bajaj Finance Ltd.
3.70%
Shriram Finance Ltd.
2.99%
Bharti Airtel Ltd.
2.91%
Ather Energy Ltd.
2.82%
Axis Bank Ltd.
2.48%
Reliance Industries Ltd.
2.42%
Swiggy Ltd.
2.27%
Mahindra & Mahindra Ltd.
2.09%
Kotak Mahindra Bank Ltd.
2.08%
Marico Ltd.
2.08%
Star Health & Allied Insurance Co. Ltd.
1.90%
IMVP
Bajaj Auto Ltd.
4.10%
Titan Co. Ltd.
3.96%
Infosys Ltd.
3.80%
Tata Consultancy Services Ltd.
3.76%
Indian Bank
3.68%
Hindalco Industries Ltd.
3.64%
Union Bank of India
3.63%
Zydus Lifesciences Ltd.
3.63%
Oberoi Realty Ltd.
3.60%
Bharat Petroleum Corp. Ltd.
3.56%
Nestlé India Ltd.
3.50%
Britannia Industries Ltd.
3.50%
Canara Bank
3.47%
State Bank of India
3.45%
Bharti Airtel Ltd.
3.45%
Frequently asked questions about INDE and IMVP

How have the INDE and IMVP ETFs performed in 2026?

As of October 19, 2026, INDE is down -4.45% year-to-date (YTD), while IMVP has lost -20.48%. That puts INDE better performer ahead so far this year.

Which ETF is attracting more investor money: INDE or IMVP?

Year-to-date, the INDE ETF saw +$8M in flows, compared to -$57M for IMVP.

Which ETF is more volatile: INDE or IMVP?

Over the past year, INDE had a volatility of 18.75%, while IMVP experienced 14.29%.

Which ETF is bigger: INDE or IMVP?

As of October 19, 2026, INDE holds $17.25 M in assets under management (AUM), while IMVP manages $92.37 M.

What sectors do the INDE and IMVP ETFs invest in?

INDE leans toward sectors like Finance, Consumer Cyclicals and Consumer Services. Meanwhile, IMVP focuses on Finance, Non-Energy Materials and Consumer Non-Cyclicals.

What are the top holdings of the INDE ETF and IMVP ETF?

INDE top holdings include Eternal Ltd., ICICI Bank Ltd. and HDFC Bank Ltd.. IMVP holds in its top three: Bajaj Auto Ltd., Titan Co. Ltd. and Infosys Ltd..

Which ETF is more diversified: INDE or IMVP?

INDE holds 72 securities with 52.86% of its assets in the top 15. IMVP has 30 securities and a top 15 weight of 54.71%.

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