INDE vs QQHG
Comparison between MATTHEWS INDIA ACTIVE ETF (INDE, ETF) and Invesco QQQ Hedged Advantage ETF (QQHG, ETF).
INDE vs QQHG - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
INDE
$13M
Winner
QQHG
$13M
Expense Ratio
INDE
0.79%
Winner
QQHG
0.45%
Max Drawdown
INDE
24.66%
Winner
QQHG
6.29%
Sharpe Ratio
INDE
-0.44
Winner
QQHG
1.93
5Y Beta
Winner
INDE
0.42
QQHG
0.72
P/E Ratio
INDE
N/A
QQHG
34.30
Forward P/E
INDE
N/A
QQHG
23.22
5Y EPS CAGR
INDE
N/A
QQHG
31.25%
Debt to Equity
INDE
N/A
QQHG
21.16%
P/S Ratio
INDE
N/A
QQHG
4.52
P/B Ratio
INDE
N/A
QQHG
7.67
INDE vs QQHG - Holdings Comparison
INDE and QQHG have 1 common holdings. Overlap is -0.78%
INDE's top 25 holdings weight is 69.29%. QQHG's top 25 holdings weight is 69.29%.
| Rank | INDE | QQHG |
|---|---|---|
| #1 | ETERNAL LTD (n/a) - 6.36% | NVIDIA CORP (NVDA) - 8.88% |
| #2 | HDFC BANK LTD (n/a) - 6.35% | APPLE INC (AAPL) - 7.66% |
| #3 | THANGAMAYIL JEWELLERY LTD (n/a) - 5.57% | ALPHABET INC CLASS C (GOOG) - 6.31% |
| #4 | ICICI BANK LTD (n/a) - 4.97% | MICROSOFT CORP (MSFT) - 5.70% |
| #5 | NEULAND LABORATORIES LTD (n/a) - 3.65% | MICRON TECHNOLOGY INC (MU) - 5.33% |
| #6 | BAJAJ FINANCE LTD (n/a) - 3.31% | AMAZON.COM INC (AMZN) - 4.53% |
| #7 | BHARTI AIRTEL LTD (n/a) - 3.23% | BROADCOM INC (AVGO) - 3.90% |
| #8 | RELIANCE INDUSTRIES LTD (n/a) - 3.21% | ADVANCED MICRO DEVICES INC (AMD) - 3.81% |
| #9 | SHRIRAM FINANCE LTD (n/a) - 3.01% | TESLA INC (TSLA) - 3.34% |
| #10 | AXIS BANK LTD (n/a) - 2.55% | META PLATFORMS INC CLASS A (META) - 2.94% |
| #11 | MARICO LTD (n/a) - 2.41% | INTEL CORP (INTC) - 2.40% |
| #12 | HFCL LTD (n/a) - 2.36% | LAM RESEARCH CORP (LRCX) - 2.33% |
| #13 | KOTAK MAHINDRA BANK LTD (n/a) - 2.08% | APPLIED MATERIALS INC (AMAT) - 2.03% |
| #14 | HINDUSTAN UNILEVER LTD (n/a) - 1.91% | n/a (PLTR) - 1.66% |
| #15 | MAHINDRA & MAHINDRA LTD (n/a) - 1.90% | NETFLIX INC (NFLX) - 1.64% |
| #16 | AVALON TECHNOLOGIES LTD (n/a) - 1.89% | SANDISK CORP ORDINARY SHARES (SNDK) - 1.13% |
| #17 | SWIGGY LTD (n/a) - 1.77% | INVESCO PREMIER US GOVERNMENT MONEY INST (IUGXX) - 1.05% |
| #18 | THERMAX LTD (n/a) - 1.74% | COCA-COLA CO (KO) - 0.90% |
| #19 | STAR HEALTH AND ALLIED INSURANCE CO LTD (n/a) - 1.73% | XND US 06/17/27 P305 (n/a) - 0.64% |
| #20 | STERLITE TECHNOLOGIES LTD (n/a) - 1.64% | VERIZON COMMUNICATIONS INC (VZ) - 0.61% |
| #21 | n/a (n/a) - 1.62% | AT&T INC (T) - 0.55% |
| #22 | INFOSYS LTD (n/a) - 1.59% | XND US 02/19/27 P300 (n/a) - 0.53% |
| #23 | TATA CONSUMER PRODUCTS LTD (n/a) - 1.50% | XND US 03/19/27 P290 (n/a) - 0.52% |
| #24 | CAMPUS ACTIVEWEAR LTD (n/a) - 1.47% | SALESFORCE INC (CRM) - 0.45% |
| #25 | MAX FINANCIAL SERVICES LTD (n/a) - 1.47% | PROCTER & GAMBLE CO (PG) - 0.45% |
| Total Holdings | 71 | 250 |
INDE vs QQHG - Historical Returns
Returns include dividend reinvestment.
1M
INDE
-2.37%
Winner
QQHG
+0.55%
3M
INDE
-0.03%
Winner
QQHG
+8.67%
6M
INDE
-6.61%
Winner
QQHG
+7.55%
1Y
INDE
-6.61%
Winner
QQHG
+23.70%
Max(CAGR)
INDE
+4.44%
Winner
QQHG
+28.12%
INDE vs QQHG - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | INDE | QQHG |
|---|---|---|
| 2026 | -8.81% | +8.59% |
| 2025 | +0.48% | +20.59% |
| 2024 | +11.19% | N/A |
| 2023 | +8.18% | N/A |
INDE vs QQHG 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 QQHG was -6.18%, occurring on Mar 30, 2026. Recovery took 113 trading sessions.
The current INDE drawdown is -15.23%. The current QQHG drawdown is -2.82%.
| Rank | INDE | QQHG |
|---|---|---|
| #1 | -22.89% Sep 23, 2024 - Mar 30, 2026 | -6.18% Oct 29, 2025 - Apr 14, 2026 |
| #2 | -6.26% Jun 3, 2024 - Jun 12, 2024 | -3.31% Jun 2, 2026 - Jun 5, 2026 |
| #3 | -5.21% Mar 1, 2024 - Apr 29, 2024 | -2.24% Oct 8, 2025 - Oct 20, 2025 |
| #4 | -4.94% Oct 17, 2023 - Oct 31, 2023 | -2.12% Aug 14, 2025 - Sep 5, 2025 |
| #5 | -4.15% Jul 16, 2024 - Aug 21, 2024 | -1.29% Jul 31, 2025 - Aug 6, 2025 |
| #6 | -3.76% May 2, 2024 - May 24, 2024 | -1.24% May 14, 2026 - May 21, 2026 |
| #7 | -3.18% Feb 7, 2024 - Feb 15, 2024 | -1.15% Jun 3, 2025 - Jun 10, 2025 |
| #8 | -3.05% Jan 12, 2024 - Jan 29, 2024 | -1.14% Sep 22, 2025 - Oct 1, 2025 |
| #9 | -2.96% Oct 31, 2023 - Nov 10, 2023 | -1.07% May 16, 2025 - May 27, 2025 |
| #10 | -2.30% Dec 19, 2023 - Jan 5, 2024 | -0.84% Oct 20, 2025 - Oct 24, 2025 |
| #11 | -2.07% May 24, 2024 - Jun 3, 2024 | -0.81% Jun 12, 2025 - Jun 23, 2025 |
| #12 | -2.03% Feb 23, 2024 - Mar 1, 2024 | -0.69% Apr 17, 2026 - Apr 22, 2026 |
| #13 | -1.61% Sep 4, 2024 - Sep 12, 2024 | -0.68% Jun 30, 2025 - Jul 3, 2025 |
| #14 | -1.46% Sep 25, 2023 - Oct 6, 2023 | -0.62% Apr 27, 2026 - May 1, 2026 |
| #15 | -1.27% Oct 6, 2023 - Oct 11, 2023 | -0.60% Apr 22, 2026 - Apr 24, 2026 |
Correlation
Correlation between INDE and QQHG is -0.27 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.27
-101
Dividend Comparison (2024 - 2026)
INDE vs QQHG dividend yield comparison.
| Year | INDE | QQHG |
|---|---|---|
| 2026 | 0.00% | 0.05% |
| 2025 | 1.75% | 0.17% |
| 2024 | 0.56% | 0.00% |
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