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Launched

Matthews Pacific Tiger Active ETF ASIA

ASIANYSE ArcaMatthews AsiaF

$37.55+0.02 (+0.06%)

As of Nov 2, 2026, 3:04 PM ET

F24/ 100

Rank 26 of 27 in Emerging Markets Active Equity

F24/100Rank 26 of 27inEmerging Markets Active Equity
Intraday session: up, 62 prints from 37.53 to 37.55. Range 37.53 to 38.02. Use the arrow keys to read each point.37.7037.8037.9038.0010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$47M
1Y total return
+9.7%
Yield · Last 12 months
0.95%
Holdings
59
Avg volume · 30D
3.6K sh
52W range
low $32.15high $47.47
Launched

The ETF.net ASIA Grade

Based on 5 of 6 pillars

F

Score 24 out of 100

Category
Emerging Markets Active Equity⁠
Rank
26 of 27
Six-pillar profile for ASIA. Scores out of 100: Cost 15, Risk 27, Mission not scored, Tradability 18, Holdings 43, Durability 52. Strongest: Durability (52). Weakest: Cost (15). Based on 5 of 6 pillars.

Score 24 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F15 out of 100
    Rank 22 of 27

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D27 out of 100
    Rank 27 of 27

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F18 out of 100
    Rank 25 of 27

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C43 out of 100
    Rank 17 of 25

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 16 of 27

Our read on ASIA

ETF.net Research

In short

FMost international ETFs spread you across the developed world. ASIA does one job: active stock-picking across the Asia-Pacific, from region specialist Matthews, inside a plain-vanilla 1940 Act ETF wrapper.

Stated mandate

The fund seeks long-term capital appreciation through an Asia-focused active equity strategy.

Why people hold it

  • One region, one job: Asia-Pacific equities chosen actively, with long-term capital appreciation as the stated objective. The highest-graded funds in its group are broad developed-international instead.
  • Active by design. There's no index to shadow, so the portfolio reflects the manager's Asia growth calls rather than a benchmark's country and sector weights.
  • Ordinary ETF plumbing around a specialist strategy: a registered 1940 Act fund with the usual intraday trading and creation/redemption mechanics.

Worth knowing

  • Fees run 0.79% a year against a 0.60% peer-group median, and far above systematic rivals like DFIC (0.22%) and AVDE (0.23%). Hands-on Asia research carries a price tag.
  • Thinly traded with a modest asset base, which can mean wider bid-ask spreads at the moment you trade.
  • Launched in 2023, so the ETF's own record is short, and payouts arrive only annually or semiannually. This is a growth mandate, not an income one.

ASIA Holdings

Holdings pillarC43 out of 100Rank 17 of 25 in Emerging Markets Active Equity
Asset class
Stocks
Holdings
59
Top-10 weight
52%
Largest holding
Cash and Others12.3%

Sectors

  • Technology46.5%
  • Financials23.9%
  • Consumer Discretionary8.7%
  • Communication7.5%
  • Health Care5.6%
  • Industrials3.3%
  • Materials1.8%
  • Real Estate1.8%
  • Energy0.9%

Geography

  • Taiwan32.76%
  • China24.72%
  • South Korea19.19%
  • India12.70%
  • Singapore4.17%
  • United Kingdom1.74%
  • Thailand1.71%
  • Hong Kong1.31%
  • Other countries (2)1.71%

Developed 7% · Emerging 93% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataCash and Others12.26%0$5.82M12
22330.TWTaiwan Semiconductor Manufacturing Co., Ltd. Adr8.76%10,234$4.16M176
3005930.KSSamsung Electronics Co., Ltd.8.02%22,565$3.81M182
42330.TWTaiwan Semiconductor Manufacturing Co., Ltd.5.67%37,000$2.69M176
5000660.KSSk Hynix, Inc.3.92%1,752$1.86M186
60700.HKTencent Holdings, Ltd.3.16%30,700$1.5M152
7601398.SSIndustrial & Commercial Bank of China, Ltd. H Shares2.77%1,308,000$1.32M60
89988.HKAlibaba Group Holding, Ltd.2.71%104,140$1.29M124
90939.HKChina Construction Bank Corp. H Shares2.68%972,000$1.27M113
102882.TWCathay Financial Holding Co., Ltd.2.48%331,000$1.18M106
11105560.KSKb Financial Group, Inc.2.23%9,071$1.06M102
12ICICIBANK.NSIcici Bank, Ltd.2.10%67,726$997K48
133037.TWUnimicron Technology Corp.2.05%32,000$971K109
14D05.SIDbs Group Holdings, Ltd.1.97%16,370$937K140
152454.TWMediatek, Inc.1.77%7,000$841K169

Showing 1–15 of 59 holdings

ASIA Performance

Launched Sep 21, 2023

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

Not enough history yet.Not enough history yet.
ASIA$10,975
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ASIA $10,975. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 ASIA. Periods over one year show the average yearly return.
PeriodASIA
Year to date+9.8%
1 month−9.4%
3 months−7.3%
1 year+9.7%
3 yearsper year+16.6%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 ASIA
YearReturn barASIA
2026 YTD+9.8%
2025+32.1%
2024+3.4%
20230.0%

History from Sep 22, 2023

ASIA in the news

ASIA 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 Oct 30, 2026.
0.95%Last 12 months
Payout per share
$0.36Last 12 months
Last payment
$0.36 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 14, 2023 $0.03; Dec 18, 2024 $0.15; Dec 17, 2025 $0.36. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 17, 2025Dec 22, 2025$0.36
Dec 18, 2024Dec 23, 2024$0.15
Dec 14, 2023Dec 21, 2023$0.03

$10,000 in ASIA 3 years ago paid $217 in dividends.

ASIA Risk

Risk pillarD27 out of 100Rank 27 of 27 in Emerging Markets Active Equity
How much the fund’s monthly returns vary, scaled to a year.
19.4%
Annualised · 36 months to Oct 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.
0.66
vs 3-month T-bills · to Oct 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.
−23.9%
37 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.
0.84
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.

FMP measures it over up to five years of monthly returns.

ASIA Cost

Compare ASIA and AVEM

Overpaying vs AVEM, tied cheapest in Emerging Markets Active Equity

$8,437

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ASIA 0.79%

    $15,174

  • AVEM 0.33% Tied cheapest

    $6,737

$10,000
30 years

Cost over time

  • ASIA 0.79%
  • AVEM 0.33%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ASIA $15,174AVEM $6,737

Year by year

YearASIAAVEMOverpaying
10$1,405$598$807
20$5,331$2,318$3,013
30$15,174$6,737$8,437

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