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Launched

Matthews Emerging Markets Sustainable Future Active ETF EMSF

EMSFNYSE ArcaMatthews AsiaF

$34.40−0.04 (−0.11%)

As of Nov 10, 2026, 10:32 AM ET

F21/ 100

Rank 12 of 12 in Emerging Markets ESG & Values Index

F21/100Rank 12 of 12inEmerging Markets ESG & Values Index
Intraday session: down, 10 prints from 34.44 to 34.40. Range 34.40 to 34.44. Use the arrow keys to read each point.34.4134.4234.4310 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$38M
1Y total return
+14.3%
Yield · Last 12 months
1.55%
Holdings
64
Avg volume · 30D
3.42K sh
52W range
low $26.75high $48.05
Launched

The ETF.net EMSF Grade

Based on 5 of 6 pillars

F

Score 21 out of 100

Category
Emerging Markets ESG & Values Index⁠
Rank
12 of 12
Six-pillar profile for EMSF. Scores out of 100: Cost 11, Risk 23, Mission not scored, Tradability 28, Holdings 44, Durability 9. Strongest: Holdings (44). Weakest: Durability (9). Based on 5 of 6 pillars.

Score 21 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.
    F11 out of 100
    Rank 11 of 12

  • 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.
    F23 out of 100
    Rank 12 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D28 out of 100
    Rank 11 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C44 out of 100
    Rank 8 of 11

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F9 out of 100
    Rank 12 of 12

Our read on EMSF

ETF.net Research

In short

FMatthews made its name picking stocks in Asia and emerging markets. EMSF points that research at EM companies meeting its own ESG standards: fully active, measured against the MSCI Emerging Markets Index rather than bound to it.

Stated mandate

The Fund seeks long-term capital appreciation by investing primarily in emerging-market common and preferred stocks that meet one or more of its ESG standards.

Why people hold it

  • The sustainability screen is written into the mandate, not bolted on: the fund invests primarily in EM stocks meeting one or more of its ESG standards.
  • Genuinely active. MSCI Emerging Markets is the yardstick, not the shopping list, so the manager can concentrate where the research points.
  • Common and preferred shares are both in the toolkit, which matters in emerging markets where a company's preferred line is often the more accessible one.
  • Run by Matthews Asia, a boutique whose whole business is Asia and emerging markets rather than a global shop with an EM sleeve.

Worth knowing

  • At 0.79% a year, the fee sits above the typical active EM ETF, and the category's cheapest well-built options (AVEM, AVSE, DFEM) charge 0.33% to 0.39%.
  • A small fund that trades lightly. Spreads tend to be wider than in the category's household names, so order type does real work here.
  • Launched in 2023, so the record is short by design, and distributions arrive once or twice a year rather than monthly.

EMSF 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.
EMSF$11,428
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. EMSF $11,428. SPY $11,339. Use the arrow keys to read each point.$10,000$12,000$14,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 EMSF. Periods over one year show the average yearly return.
PeriodEMSF
Year to date+21.4%
1 month−12.8%
3 months−10.3%
1 year+14.3%
3 yearsper year+13.3%
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 EMSF
YearReturn barEMSF
2026 YTD+21.4%
2025+19.4%
2024−3.0%
2023+1.9%

History from Sep 22, 2023

EMSF in the news

EMSF 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 Nov 9, 2026.
1.55%Last 12 months
Payout per share
$0.53Last 12 months
Last payment
$0.53 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 $0.0057; Dec 18, 2024 $0.80; Dec 17, 2025 $0.53. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 17, 2025Dec 22, 2025$0.53
Dec 18, 2024Dec 23, 2024$0.80
Dec 14, 2023Dec 21, 2023$0.0057

$10,000 in EMSF 3 years ago paid $533 in dividends.

EMSF Risk

Risk pillarF23 out of 100Rank 12 of 12 in Emerging Markets ESG & Values Index
How much the fund’s monthly returns vary, scaled to a year.
23.4%
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.
0.53
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.
−25.5%
37 months · trough Nov 2026
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.
1.11
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.

EMSF Cost

Compare EMSF and EMCS

Overpaying vs EMCS, tied cheapest in Emerging Markets ESG & Values Index

$12,037

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

  • EMSF 0.79%

    $15,174

  • EMCS 0.15% Tied cheapest

    $3,137

$10,000
30 years

Cost over time

  • EMSF 0.79%
  • EMCS 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530EMSF $15,174EMCS $3,137

Year by year

YearEMSFEMCSOverpaying
10$1,405$274$1,131
20$5,331$1,071$4,260
30$15,174$3,137$12,037

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