INDQ vs. FLIN

Last updated Jul 8, 2026

INDQ (Pacer ActiveAlpha India Quality ETF) and FLIN (Franklin FTSE India ETF) are both India Equities funds. INDQ is actively managed, while FLIN is passively managed. Their correlation of 0.85 suggests significant overlap in exposure. INDQ charges 0.88%/yr vs 0.19%/yr for FLIN.

Performance

INDQ vs. FLIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer ActiveAlpha India Quality ETF (INDQ) and Franklin FTSE India ETF (FLIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

INDQ

• 1D: -0.53%
• 1M: -0.66%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLIN

• 1D: -1.36%
• 1M: 4.30%
• 6M: -8.05%
• YTD: -8.19%
• 1Y: -10.22%
• 3Y*: 5.85%
• 5Y*: 4.98%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

INDQ vs. FLIN - Yearly Performance Comparison

	2026 (YTD)
INDQ Pacer ActiveAlpha India Quality ETF	3.17%
FLIN Franklin FTSE India ETF	6.65%

Correlation

The correlation between INDQ and FLIN is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 1, 2026	0.85

Return for Risk

INDQ vs. FLIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INDQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FLIN

FLIN Risk / Return Rank: 4
FLIN Sharpe Ratio Rank: 4
FLIN Sortino Ratio Rank: 4
FLIN Omega Ratio Rank: 4
FLIN Calmar Ratio Rank: 5
FLIN Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INDQ vs. FLIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer ActiveAlpha India Quality ETF (INDQ) and Franklin FTSE India ETF (FLIN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	INDQ	FLIN	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.68	—
Sortino ratio: Return per unit of downside risk	—	-0.90	—
Omega ratio: Gain probability vs. loss probability	—	0.90	—
Calmar ratio: Return relative to maximum drawdown	—	-0.55	—
Martin ratio: Return relative to average drawdown	—	-1.26	—

Drawdowns

INDQ vs. FLIN - Drawdown Comparison

The maximum INDQ drawdown since its inception was -6.55%, smaller than the maximum FLIN drawdown of -41.90%. Use the drawdown chart below to compare losses from any high point for INDQ and FLIN.

Drawdown Indicators

	INDQ	FLIN	Difference
Max Drawdown Largest peak-to-trough decline	-6.55%	-41.90%	+35.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.52%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.85%	—
Current Drawdown Current decline from peak	-6.09%	-15.47%	+9.38%
Average Drawdown Average peak-to-trough decline	-3.21%	-8.09%	+4.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.10%	—

Volatility

Volatility by Period

	INDQ	FLIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.86%	15.21%	+4.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.86%	15.80%	+4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.86%	20.40%	-0.54%

INDQ vs. FLIN - Expense Ratio Comparison

INDQ has a 0.88% expense ratio, which is higher than FLIN's 0.19% expense ratio.

Dividends

INDQ vs. FLIN - Dividend Comparison

INDQ has not paid dividends to shareholders, while FLIN's dividend yield for the trailing twelve months is around 0.43%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLIN Franklin FTSE India ETF	0.43%	0.56%	1.58%	0.73%	0.73%	2.26%	0.68%	0.90%	0.92%
INDQ Pacer ActiveAlpha India Quality ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both INDQ and FLIN in my portfolio?

INDQ and FLIN have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, INDQ or FLIN?

On fees, FLIN is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, INDQ or FLIN?

FLIN is cheaper with a 0.19% expense ratio, compared with 0.88% for INDQ.

Which ETF pays a higher dividend yield, INDQ or FLIN?

FLIN has the higher dividend yield at 0.43%, compared with 0.00% for INDQ.

What is the main difference between INDQ and FLIN?

They also come from different issuers: Pacer and Franklin Templeton. Their fees differ too: 0.88% for INDQ and 0.19% for FLIN.