Matthews India Active ETF (INDE) belongs to the India Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with INDE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to INDE
INDE charges 0.79% annually. There are 10 ETFs in the India Equities category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin FTSE India ETF | 0.19% | 2.77B | Feb 2018 | INDE vs FLIN | |
| Xtrackers Nifty 500 India ETF | 0.19% | 4.58M | Nov 2025 | INDE vs IND | |
| WisdomTree India Hedged Equity Fund | 0.64% | 5.90M | May 2024 | INDE vs INDH | |
| iShares India 50 ETF | 0.65% | 560.85M | Nov 2009 | INDE vs INDY | |
| iShares MSCI India ETF | 0.69% | 6.91B | Feb 2012 | INDE vs INDA |
Best Risk-Adjusted Alternatives to INDE
INDE has a PortfoliosLab risk / return rank of 9. No ETFs in the India Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 7.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors India Growth Leaders ETF | 7 | 98.26M | Aug 2010 | INDE vs GLIN | |
| iShares MSCI India Small-Cap ETF | 6 | 726.95M | Feb 2012 | INDE vs SMIN | |
| Columbia India Consumer ETF | 6 | 227.95M | Aug 2011 | INDE vs INCO | |
| WisdomTree India Hedged Equity Fund | 5 | 5.90M | May 2024 | INDE vs INDH | |
| First Trust India NIFTY 50 Equal Weight ETF | 4 | 132.86M | Feb 2012 | INDE vs NFTY |
Top Performing INDE Alternatives (YTD)
INDE is at -2.65% YTD. There are 2 ETFs in the India Equities category with higher YTD returns, going as high as 0.30%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI India Small-Cap ETF | 0.30% | 726.95M | Feb 2012 | INDE vs SMIN | |
| VanEck Vectors India Growth Leaders ETF | -1.77% | 98.26M | Aug 2010 | INDE vs GLIN | |
| First Trust India NIFTY 50 Equal Weight ETF | -7.65% | 132.86M | Feb 2012 | INDE vs NFTY | |
| WisdomTree India Hedged Equity Fund | -7.92% | 5.90M | May 2024 | INDE vs INDH | |
| Xtrackers Nifty 500 India ETF | -8.13% | 4.58M | Nov 2025 | INDE vs IND |
Lowest Volatility Alternatives to INDE
INDE has 17.25% 1-year volatility. There are 9 ETFs in the India Equities category with lower 1-year volatility, going as low as 13.32%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree India Hedged Equity Fund | 13.32% | 5.90M | May 2024 | INDE vs INDH | |
| iShares India 50 ETF | 14.48% | 560.85M | Nov 2009 | INDE vs INDY | |
| First Trust India NIFTY 50 Equal Weight ETF | 14.74% | 132.86M | Feb 2012 | INDE vs NFTY | |
| iShares MSCI India ETF | 15.03% | 6.91B | Feb 2012 | INDE vs INDA | |
| WisdomTree India Earnings Fund | 15.30% | 2.08B | Feb 2008 | INDE vs EPI |
Lowest Drawdown Alternatives to INDE
INDE has a 1-year max drawdown of -19.10%. There are 8 ETFs in the India Equities category with shallower 1-year drawdowns, going as shallow as -12.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree India Hedged Equity Fund | -12.94% | 5.90M | May 2024 | INDE vs INDH | |
| WisdomTree India Earnings Fund | -15.94% | 2.08B | Feb 2008 | INDE vs EPI | |
| First Trust India NIFTY 50 Equal Weight ETF | -16.14% | 132.86M | Feb 2012 | INDE vs NFTY | |
| Global X Funds - Global X India Active ETF | -17.09% | 58.99M | Aug 2023 | INDE vs NDIA | |
| VanEck Vectors India Growth Leaders ETF | -17.26% | 98.26M | Aug 2010 | INDE vs GLIN |
Other ETFs from Matthews
The 10 most viewed Matthews ETFs shown here include MKOR, ASIA, MEMX and span 5 categories. AUM among these funds goes as high as $172M.
Often Compared With INDE
Investors most often compare INDE with SPY, VOO, MINDX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare INDE with Any Fund or Stock
Compare INDE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair INDE with funds that move differently
Matthews India Active ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to INDE.
Explore INDE Diversifiers