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MINDX vs. PIN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MINDX and PIN is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

MINDX vs. PIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews India Fund (MINDX) and Invesco India ETF (PIN). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%December2025FebruaryMarchAprilMay
31.95%
87.07%
MINDX
PIN

Key characteristics

Sharpe Ratio

MINDX:

-0.59

PIN:

0.04

Sortino Ratio

MINDX:

-0.64

PIN:

0.09

Omega Ratio

MINDX:

0.89

PIN:

1.01

Calmar Ratio

MINDX:

-0.39

PIN:

-0.01

Martin Ratio

MINDX:

-0.87

PIN:

-0.03

Ulcer Index

MINDX:

16.38%

PIN:

9.06%

Daily Std Dev

MINDX:

23.05%

PIN:

16.96%

Max Drawdown

MINDX:

-74.48%

PIN:

-64.54%

Current Drawdown

MINDX:

-30.62%

PIN:

-12.68%

Returns By Period

In the year-to-date period, MINDX achieves a -4.78% return, which is significantly lower than PIN's -2.72% return. Over the past 10 years, MINDX has underperformed PIN with an annualized return of -1.14%, while PIN has yielded a comparatively higher 7.85% annualized return.


MINDX

YTD

-4.78%

1M

5.42%

6M

-18.87%

1Y

-13.42%

5Y*

7.62%

10Y*

-1.14%

PIN

YTD

-2.72%

1M

5.12%

6M

-5.84%

1Y

0.76%

5Y*

16.86%

10Y*

7.85%

*Annualized

Compare stocks, funds, or ETFs

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MINDX vs. PIN - Expense Ratio Comparison

MINDX has a 1.15% expense ratio, which is higher than PIN's 0.78% expense ratio.


Risk-Adjusted Performance

MINDX vs. PIN — Risk-Adjusted Performance Rank

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

MINDX
The Risk-Adjusted Performance Rank of MINDX is 33
Overall Rank
The Sharpe Ratio Rank of MINDX is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of MINDX is 33
Sortino Ratio Rank
The Omega Ratio Rank of MINDX is 22
Omega Ratio Rank
The Calmar Ratio Rank of MINDX is 22
Calmar Ratio Rank
The Martin Ratio Rank of MINDX is 55
Martin Ratio Rank

PIN
The Risk-Adjusted Performance Rank of PIN is 2020
Overall Rank
The Sharpe Ratio Rank of PIN is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of PIN is 1818
Sortino Ratio Rank
The Omega Ratio Rank of PIN is 1818
Omega Ratio Rank
The Calmar Ratio Rank of PIN is 1919
Calmar Ratio Rank
The Martin Ratio Rank of PIN is 2020
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MINDX vs. PIN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews India Fund (MINDX) and Invesco India ETF (PIN). 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.


The current MINDX Sharpe Ratio is -0.59, which is lower than the PIN Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of MINDX and PIN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50December2025FebruaryMarchAprilMay
-0.59
0.04
MINDX
PIN

Dividends

MINDX vs. PIN - Dividend Comparison

MINDX has not paid dividends to shareholders, while PIN's dividend yield for the trailing twelve months is around 8.72%.


TTM20242023202220212020201920182017201620152014
MINDX
Matthews India Fund
0.00%0.00%1.92%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.10%0.17%
PIN
Invesco India ETF
8.72%8.48%2.08%14.07%6.95%0.72%27.85%0.96%1.01%1.18%0.60%0.99%

Drawdowns

MINDX vs. PIN - Drawdown Comparison

The maximum MINDX drawdown since its inception was -74.48%, which is greater than PIN's maximum drawdown of -64.54%. Use the drawdown chart below to compare losses from any high point for MINDX and PIN. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-30.62%
-12.68%
MINDX
PIN

Volatility

MINDX vs. PIN - Volatility Comparison

Matthews India Fund (MINDX) and Invesco India ETF (PIN) have volatilities of 6.26% and 6.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%December2025FebruaryMarchAprilMay
6.26%
6.53%
MINDX
PIN