INDE vs VYM
Matthews India Active ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | INDE | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.04% | |
| AUM | $18M | $79.0B | |
| Dividend Yield | 1.81% | 2.86% | |
| Holdings | 70 | 568 | |
| YTD Return | +0.30% | +15.80% | |
| 1Y Return | +5.18% | +26.12% | |
| 3Y Return (annualized) | - | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 13.8% | 14.6% | |
| Max Drawdown | -22.9% | -58.8% | |
| Fund Family | Matthews Asia Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 21, 2023 | Nov 10, 2006 |
INDE vs VYM Performance
Matthews India Active ETF (INDE) is a ETF from Matthews Asia Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year INDE returned +5.18% while VYM returned +26.12%. Year to date, INDE is up 0.30% versus a gain of 15.80% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% 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 -58.8% for VYM. 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 0.07. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
INDE charges 0.79% per year while VYM charges 0.04%. On a $10,000 position that is $79 vs $4 annually, a gap of $75 per year that compounds over a long holding period. On income, INDE currently yields 1.81% against 2.86% for VYM.
Holdings Overlap
INDE and VYM share 0 holdings out of 622 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, INDE or VYM?
INDE has an expense ratio of 0.79% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $75 per year of difference.
Which performed better, INDE or VYM?
Over the past year INDE returned +5.18% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), INDE annualized +7.69% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, INDE or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 13.8% for INDE. Worst drawdown: INDE -22.9% vs VYM -58.8%.
Should I hold both INDE and VYM?
INDE and VYM have a monthly-return correlation of 0.07, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between INDE and VYM?
INDE and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 622 unique securities.
Which pays a higher dividend, INDE or VYM?
INDE yields 1.81% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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