Continue to site >
Trending ETFs

Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$31.35

$11.3 M

0.00%

0.79%

Vitals

YTD Return

13.0%

1 yr return

16.2%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$11.3 M

Holdings in Top 10

42.4%

52 WEEK LOW AND HIGH

$31.2
$24.21
$31.35

Expenses

OPERATING FEES

Expense Ratio 0.79%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$31.35

$11.3 M

0.00%

0.79%

MEMX - Profile

Distributions

  • YTD Total Return 13.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Matthews Emerging Markets ex China Active ETF
  • Fund Family Name
    Matthews Asia Funds
  • Inception Date
    Jan 12, 2023
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal circumstances, the Matthews Emerging Markets ex China Active ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries excluding China. Emerging market countries generally include every country in the world except the United States, Australia, Canada, Hong Kong, Israel, Japan, New Zealand, Singapore and most of the countries in Western Europe. Certain emerging market countries may also be classified as “frontier” market countries, which are a subset of emerging market countries with newer or even less developed economies and markets, such as Sri Lanka and Vietnam. For purposes of excluding China only, Matthews defines a company or issuer as “located” in China if it is organized under the laws of China or has its principal place of business in China. The list of emerging market countries and frontier market countries may change from time to time. The Fund may also invest in companies located in developed countries or China; however, the Fund may not invest in any company located in a developed country or China if, at the time of purchase, more than 20% of the Fund’s assets are invested in a combination of developed market and Chinese companies. China includes its administrative and other districts such as Hong Kong and Macau.
The Fund may concentrate its investments (meaning more than 25% of its assets) from time to time in a single country, with the exception of China.
Except for China as described above, a company or other issuer is considered to be “located” in a country or a region, and a security or instrument is deemed to be an emerging market (or specific country) security or instrument, if it has substantial ties to that country or region. Matthews currently makes that determination based primarily on one or more of the following criteria: (A) with respect to a company or issuer, whether (i) it is organized under the laws of that country or any country in that region; (ii) it derives at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed, or has at least 50% of its assets located, within that country or region; (iii) it has the primary trading markets for its securities in that country or region; (iv) it has its principal place of business in or is otherwise headquartered in that country or region; or (v) it is a governmental entity or an agency, instrumentality or a political subdivision of that country or any country in that region; and (B) with respect to an instrument or issue, whether (i) its issuer is headquartered or organized in that country or region; (ii) it is issued to finance a project that has at least 50% of its assets or operations in that country or region; (iii) it is at least 50% secured or backed by assets located in that country or region; (iv) it is a component of or its issuer is included in the MSCI Emerging Markets ex China Index; or (v) it is denominated in the currency of an emerging market country and addresses at least one of the other above criteria. The term “located” and the associated criteria listed above have been defined in such a way that Matthews has latitude in determining whether an issuer should be included within a region or country, including with respect to whether an issuer or security may be deemed to be a Chinese issuer or security for exclusionary purposes. The Fund may also invest in depositary receipts that are treated as emerging markets investments, including American, European and Global Depositary Receipts.
The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health. Matthews expects that the companies in which the Fund invests typically will be of medium or large size, but the Fund may invest in companies of any size. Matthews measures a company’s size with respect to fundamental criteria such as, but not limited to, market capitalization, book value, revenues, profits, cash flow, dividends paid and number of employees. The implementation of the principal investment strategies of the Fund may result in a significant portion of the Fund’s assets being invested from time to time in one or more sectors, but the Fund may invest in companies in any sector.
Read More

MEMX - Performance

Return Ranking - Trailing

Period MEMX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% -4.6% 24.6% 32.46%
1 Yr 16.2% -8.7% 32.4% 20.47%
3 Yr N/A* -19.8% 12.0% 32.44%
5 Yr N/A* -5.3% 12.3% 46.62%
10 Yr N/A* -2.8% 6.6% 68.61%

* Annualized

Return Ranking - Calendar

Period MEMX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -6.5% 35.5% N/A
2022 N/A -50.1% -2.4% N/A
2021 N/A -33.1% 22.5% N/A
2020 N/A -22.1% 80.1% N/A
2019 N/A -0.7% 42.0% N/A

Total Return Ranking - Trailing

Period MEMX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% -4.6% 24.6% 32.46%
1 Yr 16.2% -8.7% 32.4% 20.47%
3 Yr N/A* -19.8% 12.0% N/A
5 Yr N/A* -5.3% 12.3% N/A
10 Yr N/A* -2.8% 6.6% N/A

* Annualized

Total Return Ranking - Calendar

Period MEMX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -2.7% 42.0% N/A
2022 N/A -42.2% 1.9% N/A
2021 N/A -32.5% 33.1% N/A
2020 N/A -20.0% 81.6% N/A
2019 N/A 2.3% 42.0% N/A

MEMX - Holdings

Concentration Analysis

MEMX Category Low Category High MEMX % Rank
Net Assets 11.3 M 682 K 103 B 94.21%
Number of Holdings 52 10 7137 89.81%
Net Assets in Top 10 5.15 M 290 K 21.1 B 92.15%
Weighting of Top 10 42.43% 2.9% 140.4% 18.07%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 10.60%
  2. JP MORGAN US GOVT CAPITAL 8.53%
  3. Samsung Electronics Co Ltd 6.39%
  4. HDFC Bank Ltd 3.11%
  5. Banco BTG Pactual SA 2.69%
  6. FPT Corp 2.44%
  7. Bank Rakyat Indonesia Persero Tbk PT 2.25%
  8. Dino Polska SA 2.16%
  9. Reliance Industries Ltd 2.14%
  10. Kaspi.KZ JSC 2.12%

Asset Allocation

Weighting Return Low Return High MEMX % Rank
Stocks
93.58% 0.00% 102.46% 83.06%
Preferred Stocks
6.39% 0.00% 14.66% 3.17%
Cash
0.03% -2.03% 40.36% 93.39%
Other
0.00% -0.14% 37.51% 70.94%
Convertible Bonds
0.00% 0.00% 7.40% N/A
Bonds
0.00% 0.00% 92.29% 73.83%

Stock Sector Breakdown

Weighting Return Low Return High MEMX % Rank
Utilities
0.00% 0.00% 39.12% N/A
Technology
0.00% 0.00% 47.50% N/A
Real Estate
0.00% 0.00% 17.15% N/A
Industrials
0.00% 0.00% 43.53% N/A
Healthcare
0.00% 0.00% 16.53% N/A
Financial Services
0.00% 0.00% 48.86% N/A
Energy
0.00% 0.00% 24.80% N/A
Communication Services
0.00% 0.00% 39.29% N/A
Consumer Defense
0.00% 0.00% 25.90% N/A
Consumer Cyclical
0.00% 0.00% 48.94% N/A
Basic Materials
0.00% 0.00% 30.03% N/A

Stock Geographic Breakdown

Weighting Return Low Return High MEMX % Rank
Non US
53.00% 0.00% 100.18% 97.93%
US
40.58% 0.00% 99.51% 2.62%

MEMX - Expenses

Operational Fees

MEMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.03% 29.98% 84.81%
Management Fee 0.79% 0.00% 2.00% 34.76%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.85% N/A

Sales Fees

MEMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MEMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MEMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 189.00% N/A

MEMX - Distributions

Dividend Yield Analysis

MEMX Category Low Category High MEMX % Rank
Dividend Yield 0.00% 0.00% 9.74% 71.76%

Dividend Distribution Analysis

MEMX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Quarterly Annual

Net Income Ratio Analysis

MEMX Category Low Category High MEMX % Rank
Net Income Ratio N/A -1.98% 17.62% N/A

Capital Gain Distribution Analysis

MEMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

MEMX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.57 13.42