FLYT vs INDE

Comparison between DIREXION FLIGHT TO SAFETY STRATEGY ETF (FLYT, ETF) and MATTHEWS INDIA ACTIVE ETF (INDE, ETF).

FLYT vs INDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLYT(ETF)	INDE(ETF)
Net Assets	$13M	$13M
Expense Ratio	N/A	0.79%
Max Drawdown	85.99%	24.66%
Sharpe Ratio	0.32	-0.42
5Y Beta	7.02	0.42

Net Assets

FLYT

$13M

INDE

$13M

Expense Ratio

FLYT

N/A

INDE

0.79%

Max Drawdown

FLYT

85.99%

Winner

INDE

24.66%

Sharpe Ratio

Winner

FLYT

0.32

INDE

-0.42

5Y Beta

FLYT

7.02

Winner

INDE

0.42

FLYT vs INDE - Historical Returns

Returns include dividend reinvestment.

Period	FLYT	INDE
1 month	-45.73%	+7.21%
3 months	+23.79%	+8.10%
6 months	+14.32%	-3.08%
1 year	N/A	-1.16%
5 years(CAGR)	-21.52%	N/A
Max(CAGR)	-17.07%	+6.04%

FLYT

-45.73%

Winner

INDE

+7.21%

Winner

FLYT

+23.79%

INDE

+8.10%

Winner

FLYT

+14.32%

INDE

-3.08%

FLYT

N/A

INDE

-1.16%

5Y(CAGR)

FLYT

-21.52%

INDE

N/A

Max(CAGR)

FLYT

-17.07%

Winner

INDE

+6.04%

FLYT vs INDE - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	FLYT	INDE
2026	-4.29%	-4.87%
2025	-45.70%	+0.48%
2024	N/A	+11.19%
2023	N/A	+8.18%
2022	-1.20%	N/A
2021	+0.96%	N/A
2020	+6.87%	N/A

FLYT vs INDE Drawdown Comparison

The maximum drawdown for FLYT was -85.22%, occurring on Mar 10, 2026. Recovery took 511 trading sessions.

The maximum drawdown for INDE was -22.89%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current FLYT drawdown is -72.94%. The current INDE drawdown is -11.57%.

Rank	FLYT	INDE
#1	-85.22% Aug 6, 2020 - May 26, 2026	-22.89% Sep 23, 2024 - Mar 30, 2026
#2	-75.28% May 26, 2026 - Jun 12, 2026	-6.26% Jun 3, 2024 - Jun 12, 2024
#3	-14.68% Mar 9, 2020 - Jul 22, 2020	-5.21% Mar 1, 2024 - Apr 29, 2024
#4	-3.35% Feb 24, 2020 - Mar 4, 2020	-4.94% Oct 17, 2023 - Oct 31, 2023
#5	-0.43% Jul 31, 2020 - Aug 4, 2020	-4.15% Jul 16, 2024 - Aug 21, 2024
#6	-0.42% Aug 4, 2020 - Aug 6, 2020	-3.76% May 2, 2024 - May 24, 2024
#7	-0.30% Feb 10, 2020 - Feb 13, 2020	-3.18% Feb 7, 2024 - Feb 15, 2024
#8	-0.22% Feb 18, 2020 - Feb 20, 2020	-3.05% Jan 12, 2024 - Jan 29, 2024
#9	-0.12% Jul 24, 2020 - Jul 28, 2020	-2.96% Oct 31, 2023 - Nov 10, 2023
#10	N/A	-2.30% Dec 19, 2023 - Jan 5, 2024
#11	N/A	-2.07% May 24, 2024 - Jun 3, 2024
#12	N/A	-2.03% Feb 23, 2024 - Mar 1, 2024
#13	N/A	-1.61% Sep 4, 2024 - Sep 12, 2024
#14	N/A	-1.46% Sep 25, 2023 - Oct 6, 2023
#15	N/A	-1.27% Oct 6, 2023 - Oct 11, 2023

Correlation

Correlation between FLYT and INDE is -0.32 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.32

-101