INDE vs TFNS
Comparison between MATTHEWS INDIA ACTIVE ETF (INDE, ETF) and T. ROWE PRICE FINANCIALS ETF (TFNS, ETF).
INDE vs TFNS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
INDE
$13M
TFNS
$13M
Expense Ratio
INDE
0.79%
Winner
TFNS
0.44%
Max Drawdown
INDE
24.66%
Winner
TFNS
14.00%
Sharpe Ratio
INDE
-0.42
Winner
TFNS
0.43
5Y Beta
Winner
INDE
0.42
TFNS
0.77
P/E Ratio
INDE
N/A
TFNS
16.07
Forward P/E
INDE
N/A
TFNS
13.68
PEG Ratio
INDE
N/A
TFNS
0.39
5Y EPS CAGR
INDE
N/A
TFNS
11.26%
Debt to Equity
INDE
N/A
TFNS
77.06%
P/S Ratio
INDE
N/A
TFNS
2.54
P/B Ratio
INDE
N/A
TFNS
2.08
INDE vs TFNS - Holdings Comparison
INDE and TFNS have 1 common holdings. Overlap is 0.12%
INDE's top 25 holdings weight is 69.29%. TFNS's top 25 holdings weight is 74.91%.
| Rank | INDE | TFNS |
|---|---|---|
| #1 | ETERNAL LTD (n/a) - 6.36% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 9.67% |
| #2 | HDFC BANK LTD (n/a) - 6.35% | VISA INC CLASS A (V) - 6.84% |
| #3 | THANGAMAYIL JEWELLERY LTD (n/a) - 5.57% | MASTERCARD INC CLASS A (MA) - 5.76% |
| #4 | ICICI BANK LTD (n/a) - 4.97% | BANK OF AMERICA CORP (BAC) - 4.95% |
| #5 | NEULAND LABORATORIES LTD (n/a) - 3.65% | JPMORGAN CHASE & CO (JPM) - 4.75% |
| #6 | BAJAJ FINANCE LTD (n/a) - 3.31% | THE GOLDMAN SACHS GROUP INC (GS) - 4.67% |
| #7 | BHARTI AIRTEL LTD (n/a) - 3.23% | WELLS FARGO & CO (WFC) - 3.81% |
| #8 | RELIANCE INDUSTRIES LTD (n/a) - 3.21% | CITIGROUP INC (C) - 3.64% |
| #9 | SHRIRAM FINANCE LTD (n/a) - 3.01% | CHARLES SCHWAB CORP (SCHW) - 3.47% |
| #10 | AXIS BANK LTD (n/a) - 2.55% | MORGAN STANLEY (MS) - 3.23% |
| #11 | MARICO LTD (n/a) - 2.41% | CAPITAL ONE FINANCIAL CORP (COF) - 2.86% |
| #12 | HFCL LTD (n/a) - 2.36% | CHUBB LTD (CB) - 2.48% |
| #13 | KOTAK MAHINDRA BANK LTD (n/a) - 2.08% | MARSH (MRSH) - 2.00% |
| #14 | HINDUSTAN UNILEVER LTD (n/a) - 1.91% | U.S. BANCORP (USB) - 1.99% |
| #15 | MAHINDRA & MAHINDRA LTD (n/a) - 1.90% | BLACKROCK INC (BLK) - 1.75% |
| #16 | AVALON TECHNOLOGIES LTD (n/a) - 1.89% | S&P GLOBAL INC (SPGI) - 1.64% |
| #17 | SWIGGY LTD (n/a) - 1.77% | ALLSTATE CORP (ALL) - 1.60% |
| #18 | THERMAX LTD (n/a) - 1.74% | APOLLO GLOBAL MANAGEMENT INC (APO) - 1.36% |
| #19 | STAR HEALTH AND ALLIED INSURANCE CO LTD (n/a) - 1.73% | INTERCONTINENTAL EXCHANGE INC (ICE) - 1.32% |
| #20 | STERLITE TECHNOLOGIES LTD (n/a) - 1.64% | AMERICAN EXPRESS CO (AXP) - 1.29% |
| #21 | n/a (n/a) - 1.62% | KKR & CO INC ORDINARY SHARES (KKR) - 1.28% |
| #22 | INFOSYS LTD (n/a) - 1.59% | AMERICAN INTERNATIONAL GROUP INC (AIG) - 1.27% |
| #23 | TATA CONSUMER PRODUCTS LTD (n/a) - 1.50% | METLIFE INC (MET) - 1.16% |
| #24 | CAMPUS ACTIVEWEAR LTD (n/a) - 1.47% | BANK OF NEW YORK MELLON CORP (BNY) - 1.08% |
| #25 | MAX FINANCIAL SERVICES LTD (n/a) - 1.47% | WESTERN ALLIANCE BANCORP (WAL) - 1.04% |
| Total Holdings | 71 | 76 |
INDE vs TFNS - Historical Returns
Returns include dividend reinvestment.
1M
Winner
INDE
+5.36%
TFNS
+3.66%
3M
INDE
+5.96%
Winner
TFNS
+10.67%
6M
INDE
-5.06%
Winner
TFNS
-0.57%
1Y
INDE
-3.76%
Winner
TFNS
+9.52%
Max(CAGR)
INDE
+5.20%
Winner
TFNS
+9.53%
INDE vs TFNS - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | INDE | TFNS |
|---|---|---|
| 2026 | -6.96% | -1.11% |
| 2025 | +0.48% | +10.41% |
| 2024 | +11.19% | N/A |
| 2023 | +8.18% | N/A |
INDE vs TFNS 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 TFNS was -14.00%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current INDE drawdown is -13.51%. The current TFNS drawdown is -3.58%.
| Rank | INDE | TFNS |
|---|---|---|
| #1 | -22.89% Sep 23, 2024 - Mar 30, 2026 | -14.00% Jan 6, 2026 - Mar 27, 2026 |
| #2 | -6.26% Jun 3, 2024 - Jun 12, 2024 | -5.29% Sep 19, 2025 - Dec 5, 2025 |
| #3 | -5.21% Mar 1, 2024 - Apr 29, 2024 | -3.69% Jul 25, 2025 - Aug 22, 2025 |
| #4 | -4.94% Oct 17, 2023 - Oct 31, 2023 | -2.85% Jul 3, 2025 - Jul 23, 2025 |
| #5 | -4.15% Jul 16, 2024 - Aug 21, 2024 | -2.25% Jun 12, 2025 - Jun 24, 2025 |
| #6 | -3.76% May 2, 2024 - May 24, 2024 | -1.83% Dec 24, 2025 - Jan 5, 2026 |
| #7 | -3.18% Feb 7, 2024 - Feb 15, 2024 | -1.79% Sep 4, 2025 - Sep 18, 2025 |
| #8 | -3.05% Jan 12, 2024 - Jan 29, 2024 | -0.88% Aug 29, 2025 - Sep 4, 2025 |
| #9 | -2.96% Oct 31, 2023 - Nov 10, 2023 | -0.59% Dec 15, 2025 - Dec 19, 2025 |
| #10 | -2.30% Dec 19, 2023 - Jan 5, 2024 | -0.44% Aug 22, 2025 - Aug 26, 2025 |
| #11 | -2.07% May 24, 2024 - Jun 3, 2024 | -0.43% Dec 5, 2025 - Dec 10, 2025 |
| #12 | -2.03% Feb 23, 2024 - Mar 1, 2024 | -0.38% Jun 24, 2025 - Jun 26, 2025 |
| #13 | -1.61% Sep 4, 2024 - Sep 12, 2024 | -0.11% Jul 1, 2025 - Jul 3, 2025 |
| #14 | -1.46% Sep 25, 2023 - Oct 6, 2023 | -0.08% Jul 23, 2025 - Jul 25, 2025 |
| #15 | -1.27% Oct 6, 2023 - Oct 11, 2023 | -0.03% Dec 11, 2025 - Dec 15, 2025 |
Correlation
Correlation between INDE and TFNS is 0.22 which considered as a very weak or no correlation - the stocks move independently of each other.
0.22
-101
Dividend Comparison (2024 - 2025)
INDE vs TFNS dividend yield comparison.
| Year | INDE | TFNS |
|---|---|---|
| 2025 | 1.75% | 0.49% |
| 2024 | 0.56% | 0.00% |
Select Stocks to Compare
Popular: INDE vs SPYTFNS vs SPY
More Comparisons
Compare with similar stocks