INDE vs VXUS
Matthews India Active ETF vs Vanguard Total International Stock ETF
Quick Verdict
VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.
Side-by-Side Comparison
| Metric | INDE | VXUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.05% | |
| AUM | $18M | $156.5B | |
| Dividend Yield | 1.81% | 2.60% | |
| Holdings | 70 | 8,747 | |
| YTD Return | +0.30% | +14.57% | |
| 1Y Return | +5.18% | +27.82% | |
| 3Y Return (annualized) | - | +19.27% | |
| 5Y Return (annualized) | - | +9.28% | |
| Volatility (annualized) | 13.8% | 15.1% | |
| Max Drawdown | -22.9% | -39.9% | |
| Fund Family | Matthews Asia Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 21, 2023 | Jan 26, 2011 |
INDE vs VXUS Performance
Matthews India Active ETF (INDE) is a ETF from Matthews Asia Funds and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year INDE returned +5.18% while VXUS returned +27.82%. Year to date, INDE is up 0.30% versus a gain of 14.57% for VXUS.
Risk: Volatility and Drawdowns
VXUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.8% for INDE. 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 -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.31. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
INDE charges 0.79% per year while VXUS charges 0.05%. On a $10,000 position that is $79 vs $5 annually, a gap of $74 per year that compounds over a long holding period. On income, INDE currently yields 1.81% against 2.60% for VXUS.
Holdings Overlap
INDE and VXUS share 51 holdings out of 7874 unique holdings combined, representing a 1.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in INDE | Weight in VXUS | Difference |
|---|---|---|---|
| HDB:MB | 7.00% | 0.25% | 6.75% |
| ETEA:MB | 6.40% | 0.03% | 6.37% |
| ICICIBANK:MB | 5.20% | 0.18% | 5.02% |
| 500112:MB | Pro | Pro | Pro |
| RELIANCE:MB | Pro | Pro | Pro |
| SHRIRAMFIN:MB | Pro | Pro | Pro |
| BHARTIARTL:MB | Pro | Pro | Pro |
| NEULANDLAB:MB | Pro | Pro | Pro |
| AXISBANK:MB | Pro | Pro | Pro |
| M&M:MB | Pro | Pro | Pro |
Frequently Asked Questions
Which is cheaper, INDE or VXUS?
INDE has an expense ratio of 0.79% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $74 per year of difference.
Which performed better, INDE or VXUS?
Over the past year INDE returned +5.18% vs +27.82% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (3 years), INDE annualized +7.69% vs +4.86% for VXUS. Past performance does not guarantee future results.
Which is riskier, INDE or VXUS?
VXUS has been the more volatile fund at 15.1% annualized versus 13.8% for INDE. Worst drawdown: INDE -22.9% vs VXUS -39.9%.
Should I hold both INDE and VXUS?
INDE and VXUS have a monthly-return correlation of 0.31, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between INDE and VXUS?
INDE and VXUS share 51 common holdings with a 1.7% weight overlap. Combined, they hold 7874 unique securities.
Which pays a higher dividend, INDE or VXUS?
INDE yields 1.81% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.
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