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INDE vs USGG

Comparison between MATTHEWS INDIA ACTIVE ETF (INDE, ETF) and Leverage Shares 2X Long USAR Daily ETF (USGG, ETF).

INDE vs USGG - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
INDE
$14M
Winner
USGG
$14M
Expense Ratio
INDE
0.79%
USGG
N/A
Max Drawdown
Winner
INDE
24.66%
USGG
82.98%
Sharpe Ratio
INDE
-0.35
Winner
USGG
0.25
5Y Beta
Winner
INDE
0.43
USGG
7.15

INDE vs USGG - Holdings Comparison

INDE and USGG have 0 common holdings. Overlap is 0.00%

INDE's top 25 holdings weight is 72.47%. USGG's top 25 holdings weight is 7.03%.

RankINDEUSGG
#1
ETERNAL LTD (n/a) - 7.47%
FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 7.03%
#2
THANGAMAYIL JEWELLERY LTD (n/a) - 7.02%
N/A
#3
HDFC BANK LTD (n/a) - 6.97%
N/A
#4
ICICI BANK LTD (n/a) - 5.69%
N/A
#5
NEULAND LABORATORIES LTD (n/a) - 3.81%
N/A
#6
BAJAJ FINANCE LTD (n/a) - 3.68%
N/A
#7
SHRIRAM FINANCE LTD (n/a) - 3.47%
N/A
#8
BHARTI AIRTEL LTD (n/a) - 3.14%
N/A
#9
RELIANCE INDUSTRIES LTD (n/a) - 2.94%
N/A
#10
AXIS BANK LTD (n/a) - 2.94%
N/A
#11
HFCL LTD (n/a) - 2.48%
N/A
#12
MARICO LTD (n/a) - 2.20%
N/A
#13
KOTAK MAHINDRA BANK LTD (n/a) - 1.96%
N/A
#14
STAR HEALTH AND ALLIED INSURANCE CO LTD (n/a) - 1.94%
N/A
#15
MAHINDRA & MAHINDRA LTD (n/a) - 1.86%
N/A
#16
SWIGGY LTD (n/a) - 1.72%
N/A
#17
ATHER ENERGY LTD (n/a) - 1.64%
N/A
#18
HINDUSTAN UNILEVER LTD (n/a) - 1.62%
N/A
#19
THERMAX LTD (n/a) - 1.52%
N/A
#20
TATA CONSUMER PRODUCTS LTD (n/a) - 1.45%
N/A
#21
BHARAT HEAVY ELECTRICALS LTD (n/a) - 1.44%
N/A
#22
AVALON TECHNOLOGIES LTD (n/a) - 1.40%
N/A
#23
MAX FINANCIAL SERVICES LTD (n/a) - 1.39%
N/A
#24
STATE BANK OF INDIA (n/a) - 1.38%
N/A
#25
STERLITE TECHNOLOGIES LTD (n/a) - 1.34%
N/A
Total Holdings711

INDE vs USGG - Historical Returns

Returns include dividend reinvestment.

1M
Winner
INDE
-0.69%
USGG
-59.10%
3M
Winner
INDE
+3.97%
USGG
-68.10%
6M
Winner
INDE
+1.79%
USGG
-80.20%
1Y
INDE
-3.47%
USGG
N/A
Max(CAGR)
Winner
INDE
+5.73%
USGG
-81.56%

INDE vs USGG - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

YearINDEUSGG
2026-5.08%-58.69%
2025+0.48%N/A
2024+11.19%N/A
2023+8.18%N/A

INDE vs USGG 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 USGG was -82.98%, occurring on Jul 23, 2026. This drawdown has not yet recovered.

The current INDE drawdown is -11.76%. The current USGG drawdown is -82.98%.

RankINDEUSGG
#1-22.89%
Sep 23, 2024 - Mar 30, 2026
-82.98%
Jan 26, 2026 - Jul 23, 2026
#2-6.26%
Jun 3, 2024 - Jun 12, 2024
-16.37%
Jan 14, 2026 - Jan 20, 2026
#3-5.21%
Mar 1, 2024 - Apr 29, 2024
N/A
#4-4.94%
Oct 17, 2023 - Oct 31, 2023
N/A
#5-4.15%
Jul 16, 2024 - Aug 21, 2024
N/A
#6-3.76%
May 2, 2024 - May 24, 2024
N/A
#7-3.18%
Feb 7, 2024 - Feb 15, 2024
N/A
#8-3.05%
Jan 12, 2024 - Jan 29, 2024
N/A
#9-2.96%
Oct 31, 2023 - Nov 10, 2023
N/A
#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 USGG is 0.00 which considered as a very weak or no correlation - the stocks move independently of each other.

0.00
-101

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