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ADVE

GradeDNew York Stock Exchange Arca

Matthews Asia Dividend Active ETF ADVE

Active Equity · Matthews Asia · Inception 2023-09-21

$47.13+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Sep 22, 2023.
Intraday session: up, 8 prints from 45.99 to 47.13. Range 45.99 to 47.34. Use the arrow keys to read each point.$46.00$46.50$47.50Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.79%
Fund size
$9M
1Y return
+25.4%
Yield · Last 12 months
2.13%
Holdings
68
Volume · 30D
0M sh
NAV per share
$46.45
52W range
low $37.40high $47.82

The ETF.net ADVE Grade

D

28/ 100

Rank 7 of 7 in International Active Dividend Income

Confidence Low

Six-pillar profile for ADVE. Scores out of 100: Cost 23, Risk 37, Mission not scored, Tradability 25, Holdings 30, Durability 39. Strongest: Durability (39). Weakest: Cost (23). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 28 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 23
    Category rank6/7 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 37
    Category rank7/7 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 25
    Category rank7/7 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 30
    Category rank6/6 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 39
    Category rank6/7 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on ADVE

ETF.net Research

DA dividend fund that skips the global tour and stays in Asia: roughly 70 actively picked names run for total return with income emphasized. Launched in 2023, it's the regional specialist sitting in a cohort of go-anywhere international dividend funds.

Stated mandate

The fund seeks total return while emphasizing current income.

Why people hold it

  1. 01Not an index sleeve. About 70 actively chosen Asian holdings, run to a stated mandate of total return with current income emphasized.
  2. 02The 0.79% fee lands right at the median for its peer group, and roughly a third of what active peer JHID charges at 2.17%.
  3. 03Straightforward plumbing: a 1940 Act fund holding stocks and paying quarterly. No leverage, no options overlay, no K-1.

Worth knowing

  1. 01Small and thinly traded, which can mean wider spreads and more price impact on size than the bigger names in the category.
  2. 02Broader, cheaper routes to international dividends live in the same cohort: VDI at 0.39%, BIDD at 0.60%. Neither is Asia-dedicated.
  3. 03It opened in 2023, so the live record is short, and on our review it sits toward the back of its peer group.

ADVE Holdings

As of Sep 20, 2026, 8:55 AM
Asset class
Stocks
Holdings
68
Top-10 weight
45%
Largest holding
2330.TW12.3%

Sectors

  • Financials30.1%
  • Technology29.6%
  • Industrials12.3%
  • Communication8.6%
  • Consumer Discr.6.5%
  • Materials3.7%
  • Real Estate3.5%
  • Cons. Staples2.8%
  • Energy1.0%
  • Health Care1.0%
  • Utilities0.9%

Geography

  • Korea (the Republic of)24.46%
  • Japan22.76%
  • Taiwan (Province of China)17.04%
  • China13.89%
  • Hong Kong4.93%
  • Australia4.66%
  • Singapore3.88%
  • United Kingdom3.01%
  • Other countries (4)5.37%

Developed 39% · Emerging 61% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0012330.TWTAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD. ADR12.29%2,627$1M175
002CASH AND OTHERS7.60%0$706K12
003005930.KSSAMSUNG ELECTRONICS CO., LTD.6.47%3,183$601K176
0048306.TMITSUBISHI UFJ FINANCIAL GROUP, INC.4.06%16,400$377K155
005086790.KSHANA FINANCIAL GROUP, INC.3.70%3,573$344K103
0068053.TSUMITOMO CORP.2.51%20,400$233K118
007RIO.BARIO TINTO, LTD.2.04%1,595$190K2
0088002.TMARUBENI CORP.2.01%5,900$186K117
009Z74.SISINGAPORE TELECOMMUNICATIONS, LTD.2.00%54,500$185K107
0108591.TORIX CORP.1.98%4,700$183K115
0110700.HKTENCENT HOLDINGS, LTD.1.90%3,300$176K153
012TLS.AXTELSTRA GROUP, LTD.1.76%47,211$163K129
013402340.KSSK SQUARE CO., LTD.1.74%207$162K111
014601939.SSCHINA CONSTRUCTION BANK CORP. H SHARES1.62%123,000$150K58
0158766.TTOKIO MARINE HOLDINGS, INC.1.57%2,800$146K144

Showing 1–15 of 68 holdings

ADVE Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ADVE$12,544
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. ADVE $12,544. SPY $11,723. Use the arrow keys to read each point.$9,281$11,097$12,914Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ADVE. Periods over one year show the average yearly return.
PeriodADVE
Year to date+21.1%
1 month+1.8%
3 months+0.8%
1 year+25.4%
3 years+19.8%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ADVE
YearReturn barADVE
2026 YTD+21.1%
2025+26.1%
2024+7.1%
2023+5.1%

History from Sep 22, 2023

ADVE in the news

ETF.net Research hasn’t filed on ADVE yet — coverage lands here as it’s written.

ADVE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.13%Last 12 months
Payout per share
$1.01Last 12 months
Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 11 payments from 2023 to 2026 YTD. Dec 14, 2023 $0.12; Mar 27, 2024 $0.14; Jun 26, 2024 $0.18; Sep 25, 2024 $0.16; Dec 18, 2024 $1.44; Mar 26, 2025 $0.05; Jun 25, 2025 $0.20; Sep 24, 2025 $0.21; Dec 17, 2025 $0.70; Mar 25, 2026 $0.05; Jun 25, 2026 $0.04. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Jun 25, 2026Jun 30, 2026$0.04
Mar 25, 2026Mar 30, 2026$0.05
Dec 17, 2025Dec 22, 2025$0.70
Sep 24, 2025Sep 29, 2025$0.21
Jun 25, 2025Jun 30, 2025$0.20
Mar 26, 2025Mar 31, 2025$0.05
Dec 18, 2024Dec 23, 2024$1.44
Sep 25, 2024Sep 30, 2024$0.16
Jun 26, 2024Jul 1, 2024$0.18
Mar 27, 2024Apr 2, 2024$0.14
Dec 14, 2023Dec 21, 2023$0.12

ADVE Risk

How much the fund’s monthly returns vary, scaled to a year.
12.2%
Annualised · 35 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.22
vs 3-month T-bills · 35 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−18.3%
36 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.67
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ADVE Cost

Expense ratio0.79%
  • The middle half of International Active Dividend Income funds
  • Median 0.63%

Every other International Active Dividend Income fund charges less.

ADVE costs $79.00 a year on $10,000. The median International Active Dividend Income fund costs $63.00.