INDE vs FLYT

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

INDE vs FLYT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INDE(ETF)	FLYT(ETF)
Net Assets	$13M	$13M
Expense Ratio	0.79%	N/A
Max Drawdown	24.66%	85.99%
Sharpe Ratio	-0.44	0.43
5Y Beta	0.42	6.94

Net Assets

INDE

$13M

FLYT

$13M

Expense Ratio

INDE

0.79%

FLYT

N/A

Max Drawdown

Winner

INDE

24.66%

FLYT

85.99%

Sharpe Ratio

INDE

-0.44

Winner

FLYT

0.43

5Y Beta

Winner

INDE

0.42

FLYT

6.94

INDE vs FLYT - Historical Returns

Returns include dividend reinvestment.

Period	INDE	FLYT
1 month	-2.37%	-28.41%
3 months	-0.03%	+107.43%
6 months	-6.61%	+65.05%
1 year	-6.61%	N/A
5 years(CAGR)	N/A	-17.36%
Max(CAGR)	+4.44%	-13.73%

Winner

INDE

-2.37%

FLYT

-28.41%

INDE

-0.03%

Winner

FLYT

+107.43%

INDE

-6.61%

Winner

FLYT

+65.05%

INDE

-6.61%

FLYT

N/A

5Y(CAGR)

INDE

N/A

FLYT

-17.36%

Max(CAGR)

Winner

INDE

+4.44%

FLYT

-13.73%

INDE vs FLYT - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	INDE	FLYT
2026	-8.81%	+23.38%
2025	+0.48%	-45.70%
2024	+11.19%	N/A
2023	+8.18%	N/A
2022	N/A	-1.20%
2021	N/A	+0.96%
2020	N/A	+6.87%

INDE vs FLYT Drawdown Comparison

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

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

The current INDE drawdown is -15.23%. The current FLYT drawdown is -65.11%.

Rank	INDE	FLYT
#1	-22.89% Sep 23, 2024 - Mar 30, 2026	-85.22% Aug 6, 2020 - May 26, 2026
#2	-6.26% Jun 3, 2024 - Jun 12, 2024	-65.36% May 26, 2026 - Jun 5, 2026
#3	-5.21% Mar 1, 2024 - Apr 29, 2024	-14.68% Mar 9, 2020 - Jul 22, 2020
#4	-4.94% Oct 17, 2023 - Oct 31, 2023	-3.35% Feb 24, 2020 - Mar 4, 2020
#5	-4.15% Jul 16, 2024 - Aug 21, 2024	-0.43% Jul 31, 2020 - Aug 4, 2020
#6	-3.76% May 2, 2024 - May 24, 2024	-0.42% Aug 4, 2020 - Aug 6, 2020
#7	-3.18% Feb 7, 2024 - Feb 15, 2024	-0.30% Feb 10, 2020 - Feb 13, 2020
#8	-3.05% Jan 12, 2024 - Jan 29, 2024	-0.22% Feb 18, 2020 - Feb 20, 2020
#9	-2.96% Oct 31, 2023 - Nov 10, 2023	-0.12% Jul 24, 2020 - Jul 28, 2020
#10	-2.30% Dec 19, 2023 - Jan 5, 2024	N/A
#11	-2.07% May 24, 2024 - Jun 3, 2024	N/A
#12	-2.03% Feb 23, 2024 - Mar 1, 2024	N/A
#13	-1.61% Sep 4, 2024 - Sep 12, 2024	N/A
#14	-1.46% Sep 25, 2023 - Oct 6, 2023	N/A
#15	-1.27% Oct 6, 2023 - Oct 11, 2023	N/A

Correlation

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

-0.32

-101