INDE vs IVV
Matthews India Active ETF vs iShares Core S&P 500 ETF
Which is better, INDE or IVV?
All Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 42.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | INDE | IVV |
|---|---|---|
| Expense Ratio | 0.79% | 0.03%Best |
| AUM | $18M | $876.4B |
| Dividend Yield | 1.74% | 1.06% |
| Holdings | 53 | 508 |
| YTD Return | -1.36% | +14.14%Best |
| 1Y Return | -0.44% | +17.30%Best |
| 3Y Return (annualized) | +6.77% | +23.04%Best |
| 5Y Return (annualized) | - | +13.63% |
| Volatility (annualized) | 13.6% | 12.4%Best |
| Max Drawdown | -22.9% | -18.8%Best |
| $10,000 over 3 years | $12,168 | $18,672Best |
| Top 10 Weight | 42.7% | 37.8%Best |
| Fund Family | Matthews Asia Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Sep 21, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 22, 2023 to Sep 22, 2026 (3 years).
INDE vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
INDE vs IVV Performance
Matthews India Active ETF (INDE) is an ETF from Matthews Asia Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year INDE returned -0.44% while IVV returned +17.30%. Year to date, INDE is down 1.36% versus a gain of 14.14% for IVV.
Over three years, INDE compounded at +6.77% per year against +23.04% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
INDE has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.4% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.9% for INDE and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.27. They move largely independently of each other.
Fees and Cost Over Time
INDE charges 0.79% per year while IVV charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, INDE currently yields 1.74% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 72 holdings in INDE and 490 in IVV, totalling 99.8% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 72 positions we hold weights for in INDE and 490 in IVV, against full books of 53 and 508.
What only one of them owns
Our book lists 482 positions for IVV that do not appear in our book for INDE (98.6% of the fund), and 2 for INDE that do not appear in IVV (2.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of INDE and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, INDE or IVV?
INDE has an expense ratio of 0.79% while IVV charges 0.03%. IVV is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, INDE or IVV?
Over the past year INDE returned -0.44% vs +17.30% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, INDE or IVV?
INDE has been the more volatile fund at 13.6% annualized versus 12.4% for IVV. Worst drawdown: INDE -22.9% vs IVV -18.8%.
Should I hold both INDE and IVV?
INDE and IVV have a monthly-return correlation of 0.27, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, INDE or IVV?
INDE yields 1.74% while IVV yields 1.06%, so INDE currently pays the higher dividend yield.
Is IVV better than INDE?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 42.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.